Garuda Construction secures new ₹143.96 crore civil work order in Mumbai
Garuda Construction secured a ₹143.96 crore civil work order from Orbit Ventures Developers for the "Shikhar-B" project in Mumbai, boosting its total order book to ₹3,229.78 crores.
The new order of ₹143.96 crores is a notable addition to the company's existing order book of over ₹3,200 crores, demonstrating continued business momentum and revenue visibility. While significant, it's not a transformative order relative to the overall order book size, hence a medium impact.
The company securing a new significant work order directly contributes to revenue growth and strengthens its order book, indicating positive business development and future revenue visibility.
Garuda Construction and Engineering Limited (GARUDA) has received a new work order worth approximately ₹143.96 crores from Orbit Ventures Developers. The order is for civil works related to the redevelopment project "Shikhar-B" located at Oshiwara, Mumbai. * The nature of the order is an EPC Agreement for the redevelopment project. * The contract value is ₹143.96 crores. * The delivery location is Oshiwara, Mumbai. * The time period for execution of the order is 36 months. * Payment terms involve the allotment of earmarked flats. * With this new order, the company's total order book now stands at approximately ₹3,229.78 Crores as of 8 October 2025. * The order does not involve any promoter/promoter group interest or related party transactions.
What to do with a filing like this
Garuda Construction and Engineering Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Garuda Construction and Engineering Limited. Read the original for the full detail.