Man Infra Launches New Real Estate Subsidiary: MICL Shreepati August LLP
Man Infraconstruction has announced the incorporation of a new subsidiary, MICL Shreepati August LLP, to venture into real estate and related business activities. The company has a 50.50% stake in the new entity.
Real EstateMan InfraconstructionMicl Shreepati August LlpEpcMumbaiReal EstateJun 20, 2025
In a regulatory filing, Man Infraconstruction stated that it has contributed Rs 50,500, representing a 50.50% partnership interest in the newly formed entity, which has a total capital contribution of Rs 1 lakh. The company clarified that business operations for the new subsidiary have not yet commenced and that neither the promoter nor the promoter group has any personal interest in the new entity.
Man Infraconstruction has two primary business verticals: EPC (engineering, procurement, and construction) and real estate development. With over five decades of experience in the EPC sector, the company has established a strong reputation for its execution capabilities in various segments, including ports, residential, commercial, industrial, and road construction projects across India. As a real estate developer, the ManInfra Group has successfully delivered multiple residential projects in Mumbai, known for their superior quality construction and timely project delivery.
The company reported a significant 50.2% rise in consolidated net profit to Rs 97.2 crore in the fourth quarter of the fiscal year 2025, compared to the same period in the previous fiscal year. Revenue from operations, however, remained flat at Rs 293.8 crore in Q4 FY25 over Q4 FY24.
On the BSE, the company's stock rose 0.38% to Rs 158.90, reflecting the market's positive sentiment towards this strategic move. The establishment of MICL Shreepati August LLP is expected to further strengthen Man Infraconstruction's position in the real estate market and contribute to its growth and profitability in the coming years.
Frequently Asked Questions
What is the purpose of MICL Shreepati August LLP?
MICL Shreepati August LLP is a new subsidiary of Man Infraconstruction that will focus on real estate and related business activities.
What is Man Infraconstruction's stake in the new subsidiary?
Man Infraconstruction has a 50.50% stake in the new subsidiary, MICL Shreepati August LLP, with a total capital contribution of Rs 1 lakh.
What are the primary business verticals of Man Infraconstruction?
Man Infraconstruction operates in two primary business verticals: EPC (engineering, procurement, and construction) and real estate development.
How has Man Infraconstruction performed financially in Q4 FY25?
Man Infraconstruction reported a 50.2% rise in consolidated net profit to Rs 97.2 crore in Q4 FY25, while revenue from operations remained flat at Rs 293.8 crore.
What is the market's reaction to the new subsidiary?
The market reacted positively, with Man Infraconstruction's stock rising 0.38% to Rs 158.90 on the BSE.
Related News Articles
Godrej Properties Expands its Footprint in Pune and Bengaluru with New Land Acquisitions
Godrej Properties, Pune projects, Bengaluru projects, residential, real estate, India
Crown Castle's Q2 Success: A Boost to Communication Infrastructure
Crown Castle, a leading wireless tower operator, has beaten Wall Street estimates for second-quarter site rental revenue, driven by steady demand for communication infrastructure services.
Bengaluru Luxury Housing Sales Slump Despite Real Estate Boom
India's real estate market is thriving, but Bengaluru's luxury housing sector is struggling to keep up. Find out why.
Certus Capital Invests Rs 150 Cr in Two Housing Projects in Mumbai Metropolitan Region
Certus Capital, a leading real estate investment firm, has announced a significant investment of Rs 150 crore in two housing projects located in the Mumbai Metropolitan Region. The company has a track record of financing projects in major cities like Mumb
Arvind SmartSpaces Launches 92-Acre Real Estate Project in Khopoli, Mumbai Metropolitan Region
Ahmedabad-based real estate developer Arvind SmartSpaces has made its debut in the Mumbai Metropolitan Region (MMR) property market with a significant 92-acre real estate project in Khopoli. This move marks a strategic expansion for the company, aiming to
Max Estates Secures Prime Noida Land with 2.6 Million Square Feet Development Potential
Max Estates, a leading real estate developer, has recently acquired a prime piece of land in Noida, strategically positioned for significant development potential. The acquisition promises to enhance the company's portfolio and contribute to the growing r