Nimbus Projects Lists On National Stock Exchange

Nimbus Projects has developed approximately 15 mn square feet across 13 projects and served over 10,000 customers. The company currently has approximately three mn square feet under development, focused on residential and mixed-use assets across Noida and Greater Noida. With three decades of operational experience, the group has maintained a delivery-led approach and continues to expand in high-growth corridors within the National Capital Region (NCR).

From a financial standpoint the company reported a market capitalisation in the range of Rs 3,500 mn to Rs 3,650 mn, with shares trading close to book value and indicating a stable and fundamentally aligned valuation profile. The company maintains a balanced capital structure, with total assets and borrowings aligned to the scale and progression of ongoing and planned developments. Over the years the balance sheet has expanded steadily, supported by disciplined project execution and a calibrated approach to growth.

The NSE listing also reflects a broader structural shift in India’s real estate sector as listed developers gain prominence through enhanced transparency, stronger governance standards and improved access to institutional capital. Going forward Nimbus Projects will focus on disciplined growth, prudent capital allocation and execution excellence while pursuing expansion of its development portfolio across high-growth corridors in NCR. The group will continue to emphasise quality execution, customer centricity and sustainable growth while engaging with a broader investor base.