Man Infraconstruction Acquires Additional Stake in Starcrete LLP for Rs 23.75 Lakh
Man Infraconstruction Limited has acquired an additional 23% partnership interest in its subsidiary, Starcrete LLP, for Rs 23.75 lakh, increasing its total stake to 98%. The company has also shifted Starcrete LLP's focus to EPC and real estate activities.
Man InfraconstructionStarcrete LlpEpcReal EstateAcquisitionReal EstateSep 02, 2025
Following the acquisition, the main business activity of Starcrete LLP has changed. Previously focused on producing and trading building materials, such as ready-mix concrete, the LLP will now undertake EPC (Engineering, Procurement, and Construction) and real estate activities. The fixed capital contribution of Starcrete LLP has also been increased from Rs 1,00,000 to Rs 25,0,000. This strategic move aligns Starcrete LLP's business more closely with the core operations of Man Infraconstruction, which also operates in the EPC and real estate sectors.
Man Infraconstruction Ltd, a Mumbai-based company listed on both NSE (MANINFRA) and BSE (533169), specializes in EPC (Engineering, Procurement, and Construction) and Real Estate Development. It has a 50-year EPC history and strong execution in the ports, residential, commercial, industrial, and road sectors across India. Man Infra also excels in Mumbai's real estate market, delivering high-quality residential projects on time. Its construction management expertise and resources make it a capable real estate developer.
In June 2025, FIIs increased their stake to 4.28% compared to March 2025. Man Infraconstruction Ltd has announced a strong order book of Rs 416 crore as of June 2025. The company has a market cap of over Rs 6,000 crore with a net cash positive position. According to Quarterly Results (Q1FY26), the company reported net sales of Rs 183 crore and net profit of Rs 58 crore, while in FY25 results, the company reported net sales of Rs 1,108 crore and net profit of Rs 313 crore. The company's shares have an ROE of 18% and an ROCE of 24%. The stock is up 20% from its 52-week low of Rs 135.05 per share.
Disclaimer: The article is for informational purposes only and not investment advice.
Frequently Asked Questions
What is the total stake of Man Infraconstruction in Starcrete LLP after the acquisition?
Man Infraconstruction's total stake in Starcrete LLP is now 98% after the acquisition of an additional 23% partnership interest.
What was the cost of the additional 23% partnership interest in Starcrete LLP?
The cost of the additional 23% partnership interest in Starcrete LLP was Rs 23,75,000.
What are the new business activities of Starcrete LLP after the acquisition?
After the acquisition, Starcrete LLP will now focus on EPC (Engineering, Procurement, and Construction) and real estate activities.
What is the fixed capital contribution of Starcrete LLP after the increase?
The fixed capital contribution of Starcrete LLP has been increased to Rs 25,0,000.
What is the market cap of Man Infraconstruction Ltd as of June 2025?
Man Infraconstruction Ltd has a market cap of over Rs 6,000 crore as of June 2025.
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