Company Valor Estate Limited

Equities

DBREALTY

INE879I01012

Real Estate Development & Operations

Market Closed - Bombay S.E. Other stock markets 03:30:46 06/03/2026 pm IST			5-day change	1st Jan Change
103.30 ^INR	-0.34%		-9.19%	-12.97%

06/03	Valor Estate Limited agreed to acquire an additional minority stake in Bamboo Hotel and Global Centre Private Limited from Advent Hotels International Limited for INR 5.97 billion.	CI
05/03	Advent Hotels International to seek shareholder nod for sale of Bamboo Hotels shares	RE

Business description: Valor Estate Limited

Valor Estate Limited, formerly D B Realty Limited, is an India-based real estate development and construction company. The Company is engaged primarily in the business of real estate construction, development, and other related activities. The Company is focused on residential, commercial, retail, and other projects, such as mass housing and cluster redevelopment. Its segments include real estate and hospitality. Its residential projects include Pandora Projects Pvt. Ltd., Ocean Towers, One Mahalaxmi, Rustomjee Crown, Ten BKC, DB SkyPark, DB Ozone, DB Woods, and Orchid Surburbia. Its portfolio consists of over 100 million square feet of prime property. Its DB Ozone is located at Dahisar, which consists of approximately 25 residential buildings. Its Rustomjee Crown is located in the neighborhood of Prabhadevi, South Mumbai. Its subsidiaries include Conwood DB Joint Venture, DB Contractors & Builders Private Limited, DB Man Realty Limited, DB View Infracon Private Limited, and others.

Number of employees: 1,110

Sales by Activity: Valor Estate Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Real Estate	25Cr	219.43Cr	698.24Cr	156.52Cr	766.58Cr
Hospitality	-	-	-	200.95Cr	366.5Cr

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Geographical breakdown of sales: Valor Estate Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
India	25Cr	219.43Cr	698.24Cr	357.47Cr	1.13TCr

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Executive Committee: Valor Estate Limited

Manager	Title	Age	Since
Vinod Kumar Goenka CEO	Chief Executive Officer	66	08/01/2007
Shahid Usman Balwa CEO	Chief Executive Officer	52	10/12/2011
Atul Bhatnagar DFI	Director of Finance/CFO	44	11/02/2020
Jignesh Shah CMP	Compliance Officer	-	05/12/2017
Rajiv Batekrishna Agarwal COO	Chief Operating Officer	63	15/09/2009

See VALOR ESTATE LIMITED governance

Composition of the Board of Directors: Valor Estate Limited

Director	Title	Age	Since
Shahid Usman Balwa BRD	Director/Board Member	52	10/12/2011
Nabil Yusuf Patel BRD	Director/Board Member	47	15/09/2020
Vinod Kumar Goenka CHM	Chairman	66	08/01/2007
Maryam Khan BRD	Director/Board Member	48	14/08/2018
R. A. Rajeev BRD	Director/Board Member	65	27/09/2024
Sundaram V. Rajagopal BRD	Director/Board Member	58	03/11/2010

Composition of the Board of Directors

Shareholders: Valor Estate Limited

Name	Equities	%	Valuation
Goenka Family Trust 13.12 %	7,07,50,000	13.12 %	82 M ₹
Balwa Family 12.39 %	6,68,21,391	12.39 %	77 M ₹
SB Fortune Realty Pvt Ltd. 10.9 %	5,87,50,000	10.9 %	68 M ₹
Razack Family Trust 6.343 %	3,42,00,000	6.343 %	40 M ₹
Rekha Rakesh Jhunjhunwala 4.636 %	2,50,00,000	4.636 %	29 M ₹

List of VALOR ESTATE LIMITED shareholders

Company details: Valor Estate Limited

Valor Estate Ltd.

Gate No. 2, Ten BKC, Wing 15

400051, Mumbai

+91 22 4974 2706

http://www.dbrealty.co.in

Group companies: Valor Estate Limited

Name	Category and Sector
Real Gem Buildtech Pvt Ltd. Real Gem Buildtech Pvt Ltd. HomebuildingConsumer Durables Engages in construction of residential and commercial buildings	Homebuilding
Real Gem Buildtech Pvt Ltd. Real Gem Buildtech Pvt Ltd. HomebuildingConsumer Durables Engages in construction of residential and commercial buildings	Homebuilding
Horizontal Realty & Aviation Pvt Ltd.
Horizontal Realty & Aviation Pvt Ltd.
MIG (Bandra) Realtors & Builders Pvt Ltd. MIG (Bandra) Realtors & Builders Pvt Ltd. Real Estate DevelopmentFinance Develops real estate property	Real Estate Development

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Other Real Estate Development & Operations

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
VALOR ESTATE LIMITED	-0.34%	-9.19%	-22.68%	+42.64%	61Cr
NFINITI INC.	+252.94%	-99.80%	-99.61%	-	9.55TCr
SUN HUNG KAI PROPERTIES LIMITED	-0.63%	-2.74%	+86.84%	+29.09%	5.26TCr
MITSUBISHI ESTATE CO., LTD.	+0.97%	-5.76%	+127.18%	+199.64%	3.82TCr
MITSUI FUDOSAN CO., LTD.	+2.13%	-4.23%	+55.85%	+138.24%	3.49TCr
EMAAR PROPERTIES	-4.78%	-13.89%	+1.82%	+149.11%	3.36TCr
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	+2.17%	-3.88%	+91.81%	+222.12%	2.99TCr
CHINA RESOURCES LAND LIMITED	+2.45%	-2.71%	+16.02%	-18.31%	2.82TCr
ALPHA DHABI HOLDING	+0.24%	-7.89%	-22.94%	-62.26%	2.29TCr
CK ASSET HOLDINGS LIMITED	+1.27%	-3.78%	+34.74%	-4.20%	2.14TCr
Average	+25.64%	-5.41%	+26.90%	+77.34%	3.58TCr
Weighted average by Cap.	+67.72%	-4.02%	+14.91%	+90.08%