September 18, 2023
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Capacite Infra bags large order from Raymond
Capacite Infraprojects Limited on Monday announced that it has received an order from realty division of Raymond Limited, for a total contract value of Rs 281 crore. “Capacite lnfraprojects Limited has received repeat order from Raymond Limited for total contract value of Rs 281 crore for project – Codename Xception at Thane,” the company said in a regulatory filing.
Earlier in May, Capacite Infraprojects had bagged orders worth Rs 224 crore from Raymond’s realty division for a residential project. Capacite Infraprojects is a building construction company having presence in MMR, NCR, Goa, Gandhinagar, Hyderabad, Chennai, Kochi, and Pune with specialization in construction of super high rise buildings.
Rahul Katyal, Managing Director, Capacite Infraprojects, said, “We are delighted to announce that Raymond Limited (Realty Division) has once again reinforced their trust and confidence in Capacite for their Project- Codename Xception at Thane. We will also continue to foster enduring relationships with existing clients to generate more repeat orders.”
The order inflow for the current financial year, he added, along with the existing order book give us confidence to deliver good growth in the coming quarters. “At Capacite, it is our continuous endeavor to add quality orders from existing and new clients and we are confident in the growing execution capabilities of the company,” he said.
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