Simplex sees sales rising to Rs 1,200 crore

rtnership or wholly owned would depend on the nature of projects and their requirement," said Mundhra.  Simplex is also going to register its subsidiary in Bahrain soon, to explore piling and civil work opportunity there, he added.  The company already has a presence in west Asia and south America.  "We will concentrate more on engineering construction and procurement (EPC) contract because of the better margin," Mundhra explained.Simplex has a order book position of Rs 3,700 crore at present.  It declared a dividend of Rs 4.50 per share of face value of Rs10 each for the year ended 31 March, 2005.  As on March 2005, the Indian promoters held 54.67 stake in the company.