
Sobha Limited
Sobha Limited is a major Indian real estate developer founded in 1995 by P.N.C. Menon, known for its backward-integrated business model and a focus on quality. The company builds residential projects (apartments, villas, row houses), commercial spaces, and townships, and also has manufacturing facilities for products like interiors, glazing, and concrete. Sobha has a nationwide presence with projects in 27 cities across 14 states.
Business and operations
Real Estate Development: Constructs residential and commercial properties, including apartments, villas, and townships, across many Indian cities. Backward Integrated Model: Manages its own manufacturing facilities for key components like interiors, glazing, and concrete products, allowing for greater control over quality and timely delivery.
Contracting: Undertakes contractual construction projects for clients, including convention centers, hostels, and other corporate facilities.
Other Activities: Also involved in manufacturing and retailing mattresses under the brand SOBHA Restoplus.
History and founding
Founded in 1995 in Bangalore, India, by P.N.C. Menon, who had previously established an interior design business in Oman.The company was established with the vision of setting high standards for quality in the Indian real estate market.Went public with an Initial Public Offering (IPO) in 2006, which was oversubscribed 126 times