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Milestones

1994

  • Prajay Incorporated as a Pvt Ltd Company.

1995

  • Prajay became a Public Limited Company.

1996

  • Prajay came out with Initial Public Offering.

2005

  • Raised USD 15 million through FCCB route.

2006

  • Commenced work on an IT Park in SEZ.
  • Lauched a Mega township project.
  • Begin the process of setting up India’s first auto mall in Hyderabad.
  • Raised USD 60 million through FCCB route.
  • Signed a joint venture with Sunway Group,Malaysia.

2007

  • Launched Celebrity Villas, with almost 60% of the project sold in six months of the project lauch.
  • Closed a transaction of USD 36 million as SPV-based project equity founding
    from a leading international investment banker for Prajay Virgin Country.