Vivid Mercantile Share Price Live

Veeram Infra Engineering Limited was originally incorporated as a private limited company with the name 'Vivid Offset Printers Private Limited' on March 4, 1994. Subsequently, the name of company was ... changed to 'Veeram Infra Engineering Private Limited' on January 10, 2018. Thereafter, the Company was converted in to a public limited company pursuant to a special resolution passed by our shareholders at the EGM held on January 12,2018 and consequently name was changed to 'Veeram Infra Engineering Limited' (VIEL) on January 29, 2018. In 1994, the company entered into the business of Graphic Desiging. Being successful in graphic desiging and the growing demand for graphic printing, the promoters decided to expand its current business in 1996 through the forward intergration strategy, i.e., it started its own printing business. The Promoters added the printers having the lastest technology that helped the company in offering multi-colour offset printing services, single colour offset printing services, commercial printing services for calendars, catalogs, brochures, posters, annual reports manuals, etc. Backed by a team of qualified and skilled professionals and lastest printing technology, the company has obtained a long list of reputed clientele. Over the years, as digital printing was preferred over offset printing, the company also decided to enter into the trading business of general mercantile. The company traded in different general goods & variety of products as per season like pulses, garments and metals etc and other such profitable product segments. Currently, the company's trading activities are focused only in Gujarat. However, the company intends to cater to the increasing demands of the existing customers and also to increase the customer base by enhancing the distribution reach of its products in different parts of the country. The Company is in the process of building a quality and innovation focused trading vertical as well as developing a strong team to cater to its proposed increased operational needs in the printing and trading business. Over the last 2-3 years, the promoters have a developed a focused and bigger vision in the real estate sector. In order to execute the same, the promoters have decided to diversify its business actitivies in the real estate sector. With this mission in their mind, the promoter have made the necessary changes in the Companys MoA wherein 70% companys revenues from now on shall be earned through its real estate business and the remaining from its ancillary business. The Real estate business shall include development and sale of land, residential properties including identification and acquisition of land, development of land & infrastructure, acquisition of development rights of projects, marketing of projects/land. Currently, the company has entered in to a land development agreement Land Development and Plotting Project at Village Zamp, Taluka Sanand, District Ahmedabad, Gujarat. The Promoters, Mr. Satishkumar R. Gajjar and Mrs, Geetaben Satishkumar Gajjar have 25 years and 15 years of experience in business management and together over 2 years of experience in real estate sector. Read More