{"id":93367,"date":"2025-04-24T08:14:51","date_gmt":"2025-04-24T08:14:51","guid":{"rendered":"https:\/\/dailyhindu.in\/index.php\/2025\/04\/24\/starbigbloc-building-material-ltd-secures-approvals-for-indias-largest-aac-blocks-plant-in-indore-mp\/"},"modified":"2025-04-24T08:14:51","modified_gmt":"2025-04-24T08:14:51","slug":"starbigbloc-building-material-ltd-secures-approvals-for-indias-largest-aac-blocks-plant-in-indore-mp","status":"publish","type":"post","link":"https:\/\/indianweekend.in\/index.php\/2025\/04\/24\/starbigbloc-building-material-ltd-secures-approvals-for-indias-largest-aac-blocks-plant-in-indore-mp\/","title":{"rendered":"StarBigBloc Building Material Ltd Secures Approvals for India\u2019s Largest AAC Blocks Plant in Indore, MP"},"content":{"rendered":"<div>\n<ul>\n<li><em>The company received Town Planning Clearance, Land Registration, Gram Panchayat approval and the Non-Agricultural order for setting up an AAC plant on the acquired land.<\/em><\/li>\n<li><em>The company acquired 57,500 square meters of land for expansion for Rs. 6 crore to strengthen the company\u2019s presence in Madhya Pradesh and nearby regions.<\/em><\/li>\n<li><em>StarBigBloc is targeting Rs. 428 crore revenues by FY27\u201328, with a projected EBITDA of Rs. 125 crore and net profit of Rs. 80 crore.<\/em><\/li>\n<\/ul>\n<p><strong>Surat (Gujarat) [India], April 24:<\/strong> StarBigBloc Building Material Ltd, a wholly-owned subsidiary of <a href=\"https:\/\/nxtbloc.in\/\" target=\"_blank\" rel=\"nofollow noopener\">BigBloc Construction Limited<\/a>, one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks and ALC Panels in India has received all key approvals for its upcoming project in Indore, Madhya Pradesh. These include Town Planning Clearance (TPC), Land Registration, Gram Panchayat approval, and the Non-Agricultural (NA) order for the acquired land. With these clearances in place, the company is set to establish India\u2019s largest greenfield AAC Blocks manufacturing facility at the proposed site, marking a major milestone in its expansion strategy and reinforcing its leadership in the sustainable building materials space.<\/p>\n<p>Earlier in Feb 2025, the company acquired approximately. 57,500 sq. mts. land at Khasra No. 382, 387, 389\/2, Gram Nimrani, Tehsil Kasrawad, District \u2013 Khargone, Madhya Pradesh for the purpose of AAC Blocks business expansion in central India. The total consideration for the land deal is Rs. 6 crores and Stamp duty. The company aims to build India\u2019s largest greenfield facility for AAC blocks at the site.<\/p>\n<p>StarBigBloc Building Material Ltd currently operates a manufacturing facility in Kheda, near Ahmedabad, with an installed capacity of 250,000 cubic meters per annum. This plant effectively caters to a broad market, covering major parts of Gujarat and extending its reach to Udaipur in Rajasthan and Indore in Madhya Pradesh. In the third quarter, the company achieved a healthy capacity utilization of 75%. With plans underway for capacity expansion, StarBigBloc is poised to strengthen its footprint across Madhya Pradesh and neighboring regions.<\/p>\n<p>Mr. Mohit Saboo, Director and Chief Financial Officer, Bigbloc Construction Ltd,\u00a0said, \u201cWe are happy to receive all the necessary approvals for the new plant in Madhya Pradesh and plan\u00a0to start the work on the same soon. The AAC block industry is set to play a pivotal role in India\u2019s construction sector, and our company is ready for a significant leap forward. The proposed expansion in Indore, Madhya Pradesh aligns with our growth strategy, focusing on geographic expansion, R&amp;D investments, product diversification, and strategic branding and marketing initiatives to enhance visibility, increase market share, and strengthen stakeholder trust.\u201d<\/p>\n<p>BigBloc Construction Ltd has recently diversified into the construction chemicals segment, launching a range of high-demand products including Block Jointing Mortar, Ready Mix Plaster, and Tile Adhesives. Strengthening its presence in this space, the company introduced NXTGRIP Tile Adhesives, complementing its well-established NXTFIX and NXTPLAST brands. These products are engineered to deliver enhanced bonding, durability, and performance \u2014 aligning with the company\u2019s commitment to innovation and quality in building solutions.<\/p>\n<p>In May 2024, the Board of Directors of StarBigBloc Building Material Ltd approved a proposal to raise funds through an SME IPO or Preferential Issue, subject to necessary approvals and prevailing market conditions. The proposed fundraising will support the company\u2019s ambitious expansion plans, aimed at increasing its production capacity from the current 250,000 cubic meters per annum to over 1.2 million cubic meters per annum over the next 4\u20135 years. As part of its growth roadmap, the company is targeting revenues of Rs. 428 crore by FY27\u201328, with a projected EBITDA of Rs. 125 crore and net profit of Rs. 80 crore. For FY23\u201324, StarBigBloc reported revenues of Rs. 94.18 crore, reflecting a strong CAGR of over 21% over the past four years \u2014 underlining its consistent growth and operational strength.<\/p>\n<p><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-36075 size-full\" src=\"https:\/\/indianweekend.in\/wp-content\/uploads\/2025\/04\/PNN-images-12-10-6.jpg\" alt=\"BigBloc Constructions Ltd\" width=\"1200\" height=\"675\" srcset=\"https:\/\/indianweekend.in\/wp-content\/uploads\/2025\/04\/PNN-images-12-10-6.jpg 1200w, https:\/\/pnndigital.com\/wp-content\/uploads\/2024\/10\/PNN-images-12-10-6-300x169.jpg 300w, https:\/\/pnndigital.com\/wp-content\/uploads\/2024\/10\/PNN-images-12-10-6-1024x576.jpg 1024w, https:\/\/pnndigital.com\/wp-content\/uploads\/2024\/10\/PNN-images-12-10-6-768x432.jpg 768w, https:\/\/pnndigital.com\/wp-content\/uploads\/2024\/10\/PNN-images-12-10-6-150x84.jpg 150w, https:\/\/pnndigital.com\/wp-content\/uploads\/2024\/10\/PNN-images-12-10-6-450x253.jpg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/p>\n<p><strong>About BigBloc Construction Ltd<\/strong><\/p>\n<p>Incorporated in 2015, BigBloc Construction Ltd is one of the largest and only listed AAC block manufacturer in India, with a 1.3 million cbm annual capacity across plants in Gujarat (Kheda, Umargaon, Kapadvanj) and Maharashtra (Wada). The company, which markets its products under the <strong>\u2018NXTBLOC\u2019<\/strong> brand, is one of the few in the AAC industry to generate carbon credits. With over 2,000 completed projects and 1,500+ in the pipeline, The company\u2019s clients include Lodha, Adani Realty, IndiaBulls Real Estate, DB Realty, Prestige, Piramal, Oberoi Realty, Tata Projects, Shirke Group, Shapoorji Pallonji Group, Raheja, PSP Projects, L&amp;T, Sunteck, Dosti Group, Purvankara Ltd, DY Patil, Taj Hotels, Godrej Properties, Torrent Pharma, GAIL among others.<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The company received Town Planning Clearance, Land Registration, Gram Panchayat approval and the Non-Agricultural order for setting up an AAC plant on the acquired land. The company acquired 57,500 square meters of land for expansion for Rs. 6 crore to strengthen the company\u2019s presence in Madhya Pradesh and nearby regions. StarBigBloc is targeting Rs. 428 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":93368,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[116],"tags":[19],"class_list":["post-93367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts\/93367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/comments?post=93367"}],"version-history":[{"count":0,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts\/93367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/media\/93368"}],"wp:attachment":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/media?parent=93367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/categories?post=93367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/tags?post=93367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}