Behshahr Industries Construction Investment

What Behshahr Industries Construction Investment does

Behshahr Industries Construction Investment (شرکت سرمایه گذاری ساختمان گروه صنایع بهشهر) is a Tehran-based public joint-stock construction investment company and a subsidiary of the Behshahr Industries Development Group (BIDC) conglomerate. Founded in 1996 and converted to public status in 2004, it develops residential, commercial-office, mixed-use, and industrial construction projects across Tehran, Kish Island, Shahroud, and Mazandaran Province. Its portfolio includes the 28-story Behshahr Tower (22,000 sqm, with Bank Tose'e Ta'avon as co-investor), the 19-story Bakharset mixed-use complex (25,941 sqm, sold to Bank Melli), the 200-unit Morvarid residential complex (42,516 sqm), the 72-unit Golestan residential project (10,168 sqm), the 15-story Kish Sadaf Tower (51,600 sqm), and industrial construction contracts for group affiliates including Behpak, Margarine Company, and Zarrin Zart Shahroud.

The business model is asset-heavy real estate development: land acquisition, construction execution (procurement via public tenders), and sale of completed buildings to institutional buyers (primarily Iranian banks) and individual residential buyers, supplemented by internal construction contracts for parent group subsidiaries in food processing. Revenue is one-time project sales under a unit pricing model, with tender document fees ranging from 2 to 7 million Rials. The company is publicly listed on the Tehran Stock Exchange, has a registered capital of 1,500 billion Rials (after a February 2026 increase from 800 billion Rials), and reported 98% budget realization for FY 1404 per the parent holding CEO. The company has stated affiliations with Ghadir Investment Group and Iranian political/governmental entities, which is a meaningful contextual risk for international investors.

The company describes its expertise as civil engineering execution for industrial and residential projects, with no proprietary technology, no digital platform, and no disclosed AI/ML capabilities. Operating geographies are entirely domestic (Iran), with marketing conducted through the corporate website, public tender notices, and group-affiliated channels.

Name

Behshahr Industries Construction Investment

Legal name

شرکت سرمایه گذاری ساختمان گروه صنایع بهشهر تهران (سهامی عام)

Website

https://build.behshahr-inv.ir

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

Behshahr Industries Construction Investment is a Tehran-based public joint-stock real estate developer and subsidiary of the Behshahr Industries Group, executing residential, commercial, mixed-use, and industrial construction projects across Iran, with primary buyers being Iranian banks and group-affiliated companies.

Ownership category

akta.pro rank

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Others

Revenue model

1. Construction project investment and development: The company purchases land, develops construction projects (residential, commercial, administrative), and sells completed buildings. Revenue is generated through direct project sales, co-investment returns, and profit sharing from construction projects.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Behshahr Industries Construction Investment is a publicly listed construction investment company that acquires land, develops residential, commercial, office, and industrial construction projects, and sells completed buildings. It co-invests with institutional partners (notably Iranian banks) and delivers projects for group subsidiaries, including residential complexes in Tehran, office towers, mixed-use developments on Kish Island, and industrial factory expansions in Shahroud.

Product overview

Behshahr Industries Construction Investment operates as a construction and real estate investment company within the Behshahr Industries Group. The company's product portfolio comprises multiple distinct development projects: residential complexes (Morvarid with 200 units, Golestan with 72 units), office buildings (Behshahr Tower, Qaem Maqam, Tavanir, Narges, Zagros, Maryam complexes), mixed-use developments (Bakharset commercial-administrative project, Kish Sadaf Tower), and industrial construction projects (Margarine factory expansion, Zarrin Zart Shahroud factory development). Projects are primarily located in Tehran with some in Kish Island and Shahroud, serving various segments including residential buyers, office tenants, and industrial clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Morvarid Residential Project (پروژه مروارید) A 200-unit residential complex in District 22 of Tehran (Morvarid City) with 42,516 square meters total floor area across 30 floors, serving individual residential buyers in the Tehran metropolitan area.
• Golestan Residential Project (پروژه گلستان) A 72-unit residential project in District 20 of Tehran (Shahr-e Rey), with 10,168 square meters total floor area across 8 floors, targeting individual homebuyers in Tehran.
• Behshahr Tower (برج بهشهر) A 28-story office building project located at Argentina Square, Bakhtarst Street in Tehran, with 22,000 square meters of total floor area, co-invested with Bank Tose'e Ta'avon as committed investor.
• Bakharset Commercial and Administrative Project (پروژه اداری و تجاری بخارست) A 19-story mixed-use building with 11 office floors, 2 commercial floors, and 6 parking basement floors totaling 25,941 sqm in Tehran, sold to Bank Melli Iran as the institutional purchaser.
• Maryam Administrative Complex (مجتمع اداری مریم) A 9-story administrative and commercial complex with 7,484 sqm floor area in Tehran, sold to Bank Ayandeh.
• Narges Administrative Complex (مجتمع اداری نرگس) An 8-story administrative complex with 4,684 sqm floor area in Tehran, sold to Bank Ayandeh.
• Zagros Administrative Complex (مجتمع اداری زاگرس) A 16-story administrative and commercial building with 9,993 sqm floor area in Tehran.
• Qaem Maqam Project (پروژه قائم مقام) A 9-story office building on Qaem Maqam Street in Tehran with 2,945 square meters total floor area.
• Tavanir Project (پروژه توانیر)

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• Tose'e Sanaye Behbahr (Behshahr Industries Development Company) — شرکت توسعه صنایع بهشهرcoreStrategic or Co-development PartnerThe parent holding company (BIDC) oversees the entire group of subsidiaries. The company is listed as one of the group's listed investment vehicles. The holding provides strategic direction and coordinates performance reviews across subsidiaries including this company.
• Goltash — گلتاشminorOthersListed as an affiliated company (همراهان / partners) within the Behshahr Industries Group ecosystem.
• Paxan — پاکسانminorOthersListed as an affiliated company within the Behshahr Industries Group. Recognized for superior performance in the 9-month review meeting.
• Saina — سایناminorOthers
• Zarrat Zarrat Shahroud — شرکت زرین ذرت شاهرودcoreOthersThe company is executing multiple construction projects for Zarrat Zarrat Shahroud including silo construction, factory expansion, and infrastructure works at the Shahroud facility. The CEO of the parent holding personally visited this facility.
• Margarine Company — شرکت مارگارینcoreOthersThe company is executing factory expansion projects for Margarine Company, including fractionation and hydrogenation unit foundations. Also listed as a top-performing subsidiary in group reviews.
• Behpak — شرکت بهپاکcoreOthersBehpak is a group subsidiary for which the company has executed construction projects including the soybean isolate facility in Behshahr. Recognized for top performance in group evaluations.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Market position

Weaknesses4 records

Competitive moat5 records

Customer concentration

• LinkedInlinkedin.com/company/behshahr

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Behshahr Industries Construction Investment