Bluspring Lists on NSE and BSE After Strategic Demerger

13 Jun 2025 CW Team

The listing follows the successful execution of a three-way demerger from Quess Corp Limited, executed under a court-approved Scheme of Arrangement earlier this year. As an independent organisation, Bluspring now embarks on its mission to become India’s leading provider of infrastructure management services, poised to benefit from the country’s ongoing infrastructure transformation and rising capital investments.

Speaking at the ceremony, Ajit Isaac, Founder and Non-Executive Chairman, said, “The listing is a result of strategic foresight to build a purpose-driven infrastructure services organisation, driven by excellence, agility and innovation. Bluspring will offer bespoke solutions to clients while creating expanded career paths for specialists.”

Kamal Pal Hoda, CEO, added, “This is a transformative day for Bluspring. We begin our journey with a strong revenue base, deep domain expertise and a future-ready mindset. Our goal is to set new standards in service delivery, digitisation and client engagement, positioning Bluspring as a trusted partner in infrastructure services.”

Bluspring is well-positioned to capitalise on India's urbanisation and infrastructure boom. With an extensive pan-India footprint, the company offers a broad portfolio of digitally-enabled services across sectors including healthcare, industrials and telecom. Its focus on operational efficiency, regulatory compliance, and digital innovation has resulted in a client retention rate exceeding 95 per cent.

The company aims to lead the next wave of transformation in infrastructure services by integrating advanced technology into areas such as energy and urban infrastructure. With a strong legacy and forward-looking vision, Bluspring is committed to delivering scalable and sustainable value to clients, employees, and stakeholders alike.

Bluspring Enterprises Limited commenced trading today on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), marking a key milestone as it becomes an independently traded entity. The occasion was formally celebrated with the traditional ringing of the opening bell by Kamal Pal Hoda, CEO of Bluspring.The listing follows the successful execution of a three-way demerger from Quess Corp Limited, executed under a court-approved Scheme of Arrangement earlier this year. As an independent organisation, Bluspring now embarks on its mission to become India’s leading provider of infrastructure management services, poised to benefit from the country’s ongoing infrastructure transformation and rising capital investments.Speaking at the ceremony, Ajit Isaac, Founder and Non-Executive Chairman, said, “The listing is a result of strategic foresight to build a purpose-driven infrastructure services organisation, driven by excellence, agility and innovation. Bluspring will offer bespoke solutions to clients while creating expanded career paths for specialists.”Kamal Pal Hoda, CEO, added, “This is a transformative day for Bluspring. We begin our journey with a strong revenue base, deep domain expertise and a future-ready mindset. Our goal is to set new standards in service delivery, digitisation and client engagement, positioning Bluspring as a trusted partner in infrastructure services.”Bluspring is well-positioned to capitalise on India's urbanisation and infrastructure boom. With an extensive pan-India footprint, the company offers a broad portfolio of digitally-enabled services across sectors including healthcare, industrials and telecom. Its focus on operational efficiency, regulatory compliance, and digital innovation has resulted in a client retention rate exceeding 95 per cent.The company aims to lead the next wave of transformation in infrastructure services by integrating advanced technology into areas such as energy and urban infrastructure. With a strong legacy and forward-looking vision, Bluspring is committed to delivering scalable and sustainable value to clients, employees, and stakeholders alike.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..