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NSE
463.00
Change Change %
21.00 4.75%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
461.00
Change Change %
19.00 4.30%

Updated:16 Nov, 2018, 14:52 PM IST

Sobha developers was founded in the year 1995 by P N C Menon, he was acclaimed for quality interiors and construction since 1977. His intuition and business sense buttressed with the exhilaration of returning to his homeland led him to believe that he could make Quality the key differentiator between his proposed venture and other construction companies. Over the intervening years this vision continues to be the bedrock of all endeavours.

Today Sobha developers is a Rs 10 billion plus company is one of the largest and only backward integrated company in the construction arena. Since its inception Sobha's reputation is built on rock solid values, benchmark quality standards, uncompromising business ethos, focused customer centric approach, robust engineering, in–house Research and development and transparency in all spheres of conducting business, which have contributed in making Sobha a preferred real estate brand in both residential and commercial segments. This was emphatically endorsed during its IPO in 2006 when the issue was oversubscribed by 126 times that created history, being the first event of its kind in Indian capital markets.

The company has gone from strength to strength beginning with the first residential project in Bangalore in 1997. An industry leader in Bangalore, Karnataka, contractual projects have also been constructed in Kerala, Andhra Pradesh, Orissa, Tamil Nadu, Punjab, Harayana and Maharashtra.

The who?s who of Corporate India form the client list including stalwarts like Infosys Technologies, Hewlett Packard, dell, the Taj Group, Mico, Timken and others. Residential projects include premium apartments, villas and row houses with amenities like club houses, shopping centres and swimming pools as a value addition to the Sobha lifestyle that the company brings home to all its clients.

Different divisions of the company:

  • Sobha Interiors Division
  • Sobha Glazing and Metal Works Division
  • Sobha Concrete Products
  • Sobha Projects & Trade Division
  • Sobha Renaissance Information Technology
  • S & T Group – Oman
  • Indeset – UAE
  • Gulf International Construction & Interiors Company (GICI) – Qatar

Retail Divsion

  • Sobha Restoplus – Spring Mattress
  • Sobha Modular Office Furniture

Sobha had 30 ongoing projects and 126 contractual projects till then. Residential projects include premium apartments, villas and row houses with amenities like club houses, shopping centres and swimming pools as a value addition to the Sobha lifestyle that the company brings home to all its clients.

The company is having its current residential projects at:

  • Bangalore
  • Thirissur
  • Pune
  • Coimbatore

Completed residential projects of the company include:

  • Sobha Magnolia– Bangalore
  • Sobha Carnation– Bangalore
  • Sobha Fiorella– Bangalore
  • Sobha Aster ? Bangalore
  • Sobha Anantha ? Bangalore
  • Sobha Amber
  • Sobha Aquamarine
  • Sobha Malchite Phase and many more.

Milestones:

  • September 1997 : Launch of the first residential project Sobha Sapphire in Bangalore
  • September 1997 : Launch of the first plot development `Harisree Garden' in Coimbatore
  • July 1998 : The Company obtains ISO 9001 (1994 series) certification
  • September 1999 : The first residential project Sobha Sapphire in Bangalore is completed and handed over
  • December 1999 : Commencement of construction of the first contractual project the Corporate Block for Infosys Technologies Limited Bangalore
  • September 2000 :Completion and handover of the Corporate Block for Infosys Technologies Limited Bangalore
  • November 2000 : Commencement of construction of the first contractual project outside Bangalore for Infosys Technologies Limited Mysore
  • September 2001 : Completion and handover of the first contractual project outside Bangalore at Mysore for Infosys Technologies Limited
  • October 2003 : Sobha Construction Academy and Sobha Research and Development Center commence functioning
  • April 2004 : The Company obtains ISO 9001 (2000 series) certification
  • October 2005 : Commercial operation of fully automated concrete product division commences
  • April 2006 : Corporate restructuring by means of purchase of selected assets and liabilities from Sobha Interiors Private Limited Sobha Glazing and Metal Works Private Limited and Sobha Space Private Limited
  • May 2006 : Certificate of DA 1 rating by CRISIL
  • June 2006 : Change of status from private to public
  • September 2006 : Certificate of PR 1 rating by CARE

Awards/Achievements

  • The Company has been awarded the 'Brick and Mortar Award' for the south zone in the 'a+d & Spectrum Foundation Architecture Awards 2005'. The Project completed in Mysore for Infosys by it was declared by the Builders' Association of India Mysore Center as the 'Project of the Year' for the year 2005.
  • It has received a memento from Infosys Technologies Limited in November 2000 in respect of the efforts in relation to the construction of the corporate maiden block. Further on February 12 2005 it received further recognition again from Infosys Technologies Limited in relation to the Mysore Campus of Infosys Technologies Limited.
  • 2010 – ET ACE Tech 2010 (Leaders of Indian Infrastructure and Construction) Award – Infosys Global Education Center – Sobha Developers
Certificate of Commendation– ICI–KBC Birla Super Endowment Award for the Outstanding Concrete Structure of Karnataka(2010)– Infosys Global Education Center – II, Mysore – Sobha Developers
India's Top 10 Builders – Sobha Developers
LACP 2009 Vision Awards – Sobha Annual Report
Best Real Estate Developer for IT Infrastructure – Sobha Developers
Safety Award 2010 – Sobha Developers
  • 2011 PRSI Award
Inspirational Leadership Award – Construction and Infrastructure Industry – Mr. PNC Menon, Chairman, Sobha Developers
Most Outstanding Structure built in Pune – Infosys Food Court 3 – Sobha Developers
ABCI Gold Award – Newsletter Design – Sobha Developers
ABCI Bronze Award – Annual Report – Sobha Developers
ABCI Bronze Award – Illustration – Sobha Developers
Celebration of Architecture – Best Development Award – Construction of Infosys Global Education Center ? II – Sobha Developers
Best Luxury Residential Project (South) – Sobha Malachite, Thrissur (Runner–Up)
Sustainable Project of the Year – Bayer Eco–Commercial Building – Sobha Developers
India's Top 10 Builders Award – Sobha Developers
LACP 2010 Vision Award
PRCI Golden Award – In House Magazine (Innerve) – Sobha Developers
PRCI Golden Award – Corporate Brochure (CSR) – Sobha Developers

  • 2012
Best Residential Project in the mid–segment (Rs.35 lac – Rs.1 crore) with 70% or More completion – Bangalore – Sobha Elite
Most Reliable Real Estate Developer – National Level
Muthiah Kasi Award 2012 for the best Value Engineering organisation in construction and infrastructure segment in India
Winner – Best Office Space Design (Sobha Corporate Office) – Sobha Developers
Platinum Award of Excellence – Sobha Developers
oung Achievers Award – Mr. Ravi PNC Menon, Chairman, Sobha Developers
Luxury Project of the Year – Sobha Petunia
Young Icon of the Year – Mr. Ravi PNC Menon, Chairman, Sobha Developers
  • 2013
Business Man of the Year – Mr. PNC Menon
The Builder of the Year Award
Best 100 percent Complete Residential Project in the Ultra Luxury Segment ? Bangalore for Sobha Lifestyle Phase I
Strategy Award in Construction, Real Estate & Steel'


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