Ashima

Established in 1982, Ashima Limited has transitioned from textiles to focus on Real Estate and Investment management, including portfolio management through a subsidiary. The company is optimistic about its future, seeing significant growth opportunities for its Real Estate business in various market segments within Ahmedabad. It maintains a disciplined, time-proven value investing strategy, which is expected to ensure strong performance and capitalize on India's economic growth. Its key activities include developing major real estate projects like 'Swan Lake', a plotted development, and 'The Sovereign', a luxury high-rise residential building. The company recently set up a wholly-owned subsidiary, Ashima Capital Management Limited, which is registered with SEBI to manage investment portfolios. The upcoming 'Sovereign' project, a 430 ft tall tower, is estimated to generate approximately ?500 crores in revenue upon its completion.;