Nimbus Projects Ltd Achieves NSE Listing, Highlights Continued Growth in NCR Real Estate
Nimbus Projects Limited, a publicly listed real estate developer, announced its successful listing on the National Stock Exchange of India Limited (NSE) on April 6, 2026. The listing marks a significant milestone, following the company's listing on the BSE since 2000.Stock trading guide
The additional listing on the NSE is anticipated to enhance stock liquidity, improve price discovery, and broaden access to a diverse base of institutional and retail investors within India's real estate landscape.
On its listing day, the stock opened at INR 199 on the NSE.
Bipin Agarwal, Chairman and Managing Director of Nimbus Projects Limited, stated that the NSE listing is a strategic move aimed at strengthening the company's capital market footprint and engaging with a wider investor ecosystem. He emphasized that the focus remains on disciplined growth, prudent capital allocation, and delivering sustainable long term value to all stakeholders as the company continues to scale its development pipeline.
Operational Scope and Financial Standing
Nimbus Projects continues to expand its presence across the NCR, focusing on residential and mixed-use developments. The company has successfully developed approximately 15 million square feet across 13 projects and has catered to over 10,000 customers. Currently, the company has approximately 3 million square feet under development, maintaining its focus on residential and mixed-use assets.The developer possesses over three decades of operational experience, establishing a strong foothold across key micromarkets in Noida and Greater Noida through a consistent delivery-led approach.
From a financial perspective, Nimbus Projects currently reports a market capitalisation in the range of ₹350365 crore. The company's shares are trading close to book value, suggesting a stable and fundamentally aligned valuation profile. The firm maintains a balanced capital structure, with total assets and borrowings aligning with the scale and progression of its ongoing and planned developments.
Group Background
The parent entity, Nimbus Group, is a diversified real estate and infrastructure development company with over three decades of experience in the National Capital Region (NCR). Established in 1993, the Group has delivered a variety of residential and commercial developments in Noida and Greater Noida, emphasizing quality execution, customer-centricity, and sustainable growth.Looking ahead, Nimbus Projects intends to expand its development portfolio across high-growth corridors in NCR while adhering to financial discipline and execution excellence.
NIMBSPROJ Stock Price Movement
In today's trade, Nimbus Projects Limited shares are currently at ₹199.02, trading between ₹193 and ₹199.02. The stock is showing moderate activity today, with a gain of ₹9.47.Source:
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