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Expansion strategies by NCL Buildtek – 21.01.2020

NCL Alltek & Seccolor has changed its name to NCL Buildtek to reflect its range of building materials including windows, doors, putties, paints and building blocks to tiling solutions.

K. Madhu( in the below pic), Managing Director, NCL Builtek said that the new identity is designed to help clients visualize a one-stop solution for all their building material needs. “As NCL manufactures the widest range of building materials, NCL Buildtek will more accurately reflect the present, and ever-expanding building material offerings, while maintaining their current image of providing top-quality products and accompanying services,” he further added.

K. Madhu Managing Director NCL Buildtek

The re-brand and name change have been designed to align all business verticals – Walls, Coatings, Windoors & Services, under one recognizable brand name – NCL, across the nation.

NCL Builtek is planning to set up a steel door unit in Sangareddy district, with an investment of over INR 10 crore.

The company is also setting up an AAC (autoclaved aerated concrete) block manufacturing unit in Nellore with the investment of INR 80 crore. It will be the biggest investment from the company to date and will be the second such but larger facility of the company. The Nellore plant can produce about 5 lakh cubic meters of AAC blocks per year, while the capacity of the first plant near Vijayawada is about 2.2 lakh cubic meters.

As the company concluded the rebranding of their current products Alltek, Seccolor with NCL, the existing products and all subsequent new products, will bear the new NCL Buildtek Ltd name as the trade name. The company has also moved its head office to NCL Pearl, Secunderabad.

  • Rahul Shukla
    11:24 AM, 7 February 2020

    What is the price at which it is available?

    • Market Wizard
      2:43 PM, 7 February 2020

      Hi, at present we are offering a price of Rs.300 per share.

  • Surendra
    5:31 AM, 25 January 2020

    Bright future for this company

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