Mumbai: Nimbus Projects Limited (BSE: NIMBSPROJ) has announced its listing on the National Stock Exchange of India Limited (NSE), marking a key milestone in its capital markets journey. The company has been listed on the BSE since 2000.
The NSE listing is expected to improve stock liquidity, enable better price discovery, and expand access to a broader base of institutional and retail investors.
The company’s stock opened at INR 199 on the NSE on the day of listing.
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Commenting on the development, Bipin Agarwal, Chairman and Managing Director, Nimbus Projects Limited, said, “The NSE listing represents a strategic step in strengthening our capital market footprint and engaging with a wider investor ecosystem.” As we continue to scale our development pipeline, our focus remains on disciplined growth, prudent capital allocation, and delivering sustainable long-term value to all stakeholders.”
Nimbus Projects continues to expand its presence across the National Capital Region (NCR), with a focus on residential and mixed-use developments. The company has delivered approximately 15 million square feet across 13 projects and served over 10,000 customers.
It currently has around 3 million square feet under development, aligned with its focus on residential and mixed-use assets.
With over three decades of operational experience, Nimbus Projects has established a presence across key micro-markets in Noida and Greater Noida, supported by a delivery-focused approach.
From a financial perspective, the company has a market capitalisation in the range of ₹350–365 crore. Its shares are trading close to book value, indicating a stable valuation profile. The company maintains a balanced capital structure, with assets and borrowings aligned to its ongoing and planned developments.
The NSE listing reflects a broader trend in India’s real estate sector, where listed developers are gaining prominence through increased transparency, stronger governance standards, and improved access to institutional capital.
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Going forward, Nimbus Projects aims to expand its development portfolio across high-growth corridors in NCR while maintaining financial discipline and execution focus.
