The Noida Toll Bridge Company Limited (NTBCL) incorporated on 8th April 1996 in Uttar Pradesh was promoted by Infrastructure Leasing Financial Services Limited, (ILFS) as a special purpose vehicle (SPV) for the implementation of the Delhi Noida Bridge Project on a Build, Own, Operate and Transfer (BOOT) basis.A concession agreement was entered into by NOIDA, NTBCL and ILFS in November of the year 1997 confer to NTBCL, the right to BOOT the Toll Bridge and the other Project Facilities. The land lease agreements comprising Delhi Land Lease Deed, Delhi Lands SubLease Deed and Noida Land Lease Deed were signed between Government of NCT Delhi, NOIDA and the company in October of the year 1998. During the year 1999, the company had set up a Fee Review Committee (FRC) to monitor the toll charges. The Company awarded one of its bridge contracts in the year 2000 at the Delhi end of the project to Afcons Infrastructure Ltd. The Delhi Noida Toll Bridge became operational in February of the year 2001, which was build by the company. The Company also constructed a further intersection, known as the Ashram Flyover, with the intention of providing effective dispersal of traffic at the Delhi end of the Delhi Noida Toll Bridge. The Ashram Flyover was opened to traffic in October of the same year 2001. An entry of the Srinivaspuri Flyover, which became operational in October of the year 2004, has had a positive impact on the traffic on the Delhi Noida Toll Bridge as it has reduced congestion. The Company, ILFS, Intertoll (Pty) Limited, Intertoll Netherlands and Intertoll India entered into a conditional agreement in February of the year 2006 to vary certain aspects of the original OM Contract, including the fee structure and the share sale restrictions. In June 2007, ITNL Toll Management Services Ltd. (ITMSL) was incorporated as a joint venture company with ILFS Transportation Networks Ltd to carry out OM services for Noida Toll Bridge and other similar ventures on a panIndia basis. The Mayur Vihar Link Road Project of the company, which connects Mayur Vihar (a part of Delhi located across the River Yamuna which comprises essentially of residential apartment buildings) had completed in two phases. The first and the second phase were completed and opened to traffic in June of the year 2007 and January of the year 2008 respectively.The Delhi Noida Bridge (DND) Flyway was commissioned in February 2001. 1.7 km link connecting the DND Flyway to Mayur Vihar was commissioned in June 2007 (Phase I) and in January 2008 (Phase II). The Delhi Metro Rail Corporation commenced its metro services in Noida from November 13, 2009. During the year 201516, the Company upgraded its Toll Technology and extended its ETC methods of payment to include Radio Frequency Identification Device (RFID) technology.
What is the current share price of Noida Toll Bridge Company Ltd today on both NSE and BSE?
Noida Toll Bridge Company Ltd shares are currently priced at 9 on NSE and 8.99 on BSE as of 5/23/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has Noida Toll Bridge Company Ltd [NOIDATOLL] shares performed in the past ?
The past 1-year return of Noida Toll Bridge Company Ltd [NOIDATOLL] share was 28.57. The Noida Toll Bridge Company Ltd [NOIDATOLL] share hit a 1-year low of Rs. 6.6 and a 1-year high of Rs. 15.4.
What is the market cap of Noida Toll Bridge Company Ltd [NOIDATOLL] ?
The market cap of Noida Toll Bridge Company Ltd is Rs. 167.58 Cr. as of 5/23/2024 12:00:00 AM.
What is the current P/E ratio of Noida Toll Bridge Company Ltd [NOIDATOLL] share price ?
The PE ratios of Noida Toll Bridge Company Ltd is 0 as of 5/23/2024 12:00:00 AM.
What is the current PB ratio of Noida Toll Bridge Company Ltd [NOIDATOLL] share price ?
The PB ratios of Noida Toll Bridge Company Ltd is 0.76 as of 5/23/2024 12:00:00 AM
How can I buy Noida Toll Bridge Company Ltd shares?
You can easily buy Noida Toll Bridge Company Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.