Alchemist Realty started its commercial production in March 13, 1984 which was its first phase of operations, with an installed capacity of 900 TPA. The project is located at 290/1 GIDC, Vapi, Dist. Bulsar Gujarat. The plant is currently operating at 70% of installed capacity. Alchemist Realty, formerly as Pan Packaging, changed its name on Novermber 3, 2006 to Alchemist Realty. It also altered its Memorandum of Association to include real-estate in its main objects clause. The company has also reported a number of bulk share transactions since then. The company’s registered office is at Mumbai. The company focuses on developing Information Technology (IT) commercial complex, supermarkets, entertainment centers, multi-storied-residential-complex and shopping complex.
In 2011 the Company acquired 100% equity stake in Alchemist Hill Resorts Pvt. Ltd.
Business areas of the company:
Alchemist Realty Limited engages in the acquisition and development of real-estate and infrastructure facilities in India. Its real estate development projects include commercial and office complexes, convention and entertainment centers, restaurants & hotels, super markets, shopping complexes, and flats.
• Indian Oil Corporation
• Hindustan Vegetable Oils Corporation
• Indo-French Biotech Enterprises
• Sandoz (India)
• Franco Indian Pharmaceuticals
• Laboratories Griffon
• Fargo Sales
• Gujarat Co. Op. Milk Marketing Federation (Amul Dairy, Anand)
• Rollicks Holdings