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Innovators Facade Systems Shares Surge on Securing Significant Contracts Worth ₹223.79 Cr

By Shishta Dutta | Published at: Oct 30, 2025 05:07 PM IST

Innovators Facade Systems Shares Surge on Securing Significant Contracts Worth ₹223.79 Cr
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Thane, October 30, 2025: The share price of Innovators Facade Systems Ltd (BSE: 541353 closed nearly 9% higher after the company announced securing two major orders worth ₹223.79 crore from Aditya Birla Real Estate Ltd and K Raheja Corp. These orders significantly strengthen the company’s growing order book and reaffirm its leadership in premium façade and glazing solutions.

Innovators Facade Systems Ltd., headquartered in Thane, Maharashtra, is one of the listed façade engineering companies that provides design, fabrication, and installation of building exteriors, glazing systems, and architectural facades for premium real estate and infrastructure projects. Coming under the category of industrial products, the company remains committed to growing its presence across metropolitan construction hubs within the country.

Key Project Details and Business Impact

Innovators Facade Systems Ltd received an order worth ₹146.19 crore from Aditya Birla Real Estate Ltd for executing façade and glazing work at Tower B, Birla Niyaara in Worli, Mumbai. The project is scheduled to be completed within 987 days from the commencement date. Additionally, the company bagged another contract worth ₹77.60 crore from K Raheja Corp for its Baner 94_97 project in Pune, Maharashtra, to be executed within 24 months. Both contracts involve the design, supply, installation, testing, and commissioning of advanced façade and glazing systems.

Market Reaction and Trading Activity

Following the announcement, shares of Innovators Facade Systems Ltd opened at ₹208.05 and quickly surged to ₹227.95, closing 8.96% higher for the day. The stock’s 52-week range stands between ₹171.50 and ₹295.00. The company’s market capitalisation reached ₹424.53 crore, with an early trade turnover of ₹52.24 lakh. The strong rally reflected renewed investor confidence in the company’s execution strength and the sustained demand for high-quality façade solutions within India’s growing real estate sector.

Management Commentary

Chairman and Managing Director Radheshyam Sharma said that new orders once again establish the technical prowess of Innovators Facade Systems Pvt Ltd, apart from growing trust among top Indian developers. He added that the wins further strengthen the company’s order pipeline and visibility for the coming quarters.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/eaf84d2c-846b-4624-a937-44db545f9c1c.pdf

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