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₹32.65a day ago
₹35.00a day ago
Popular Foundations Limited was originally incorporated as ‘Popular Foundations Private Limited’ on November 30, 1998 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Tamilnadu at Chennai (RoC). Subsequently, pursuant to a special resolution of its Shareholders passed in the extra ordinary general meeting held on December 9, 2023 the Company was converted from a private limited company to a public limited company and consequently the name of the company was changed to ‘Popular Foundations Limited’, and a fresh certificate of incorporation dated December 20, 2023 was issued to the Company by the RoC, Tamilnadu at Chennai.The company specializes in Engineering and Construction Activities, providing comprehensive end-to-end solutions in the construction sector. The company is dedicated to building practices catering to various verticals such as factories, educational institutions, commercial, and residential projects. However, it strategically directs its focus towards non-residential and non-governmental projects in the realm of civil construction in and around Chennai. Equipped with expertise in Engineering, Architecture, and interior and exterior fit-outs, the company has gained recognition among numerous educational institutions, industries, and commercial establishments in Tamilnadu. Its reputation is built on continued customer patronage, goodwill, and a commitment to delivering high-quality construction solutions.The company employs a meticulous approach to securing projects, primarily relying on tenders as a key sourcing method. Tenders are floated through Architects/PMC, prompting interested bidders to submit their proposals. Rigorous scrutiny follows, leading to the selection of the successful bidder. The company's brand image and extensive experience play pivotal roles in its success. Notably, Popular Foundations excels in obtaining contracts within the institutional and hospitality sectors, showcasing a robust track record of quality and reliability. The company's ability to secure repeat orders from institutional clients underscores its significant strength in client retention and project acquisition.Business area of the companyThe company specializes in Engineering and Construction Activities, providing comprehensive end-to-end solutions in the construction sector.History and milestones1998: Popular Foundations Pvt Ltd incorporated; promoted by A.S.Venkatesh with over ten years of prior experience.1998: Secured contracts for Educational institutions and industrial buildings from the beginning.1999: Procured the first contract outside Chennai city.2000: Became a leading contractor of institutional buildings.2001: Operations expanded to Pondicherry, Villupuram, Thanjavur, Karaikal, Madurai, Coimbatore, and Trichy.2001: Became a member of Builders Association of India.2001: Achieved ISO 9000 certification.2005: Secured the 25th contract.2005: Awarded Best Builder award from Southern Railway Employees Cooperative Society.2007: Managing Director A.S.Venkatesh became the District Governor of Rotary International District 3230.2007: Established a separate department for Quality control and Quantity survey within the organization.2011: Appointed a professional CEO.2013: Awarded a contract to construct a green building, expanding the portfolio.2015: Completed a 120,000 sq. ft. building in a record 120 days duration.2016: Secured prestigious contracts for Hotel Novotel and Hotel Fairfield by Marriott, entering the hospitality industry.2018: Achieved the milestone of the 100th contract.2021: A.S.Venkatesh elected to serve on the board of Rotary International, headquartered in Chicago Consistently profitable every year.2023: Received the Dr. KCG Verghese Excellence Award.
