Man Infraconstruction’s 1380% Rally: What’s Behind the Surge in Real Estate Stock?
Man Infraconstruction, a leading infrastructure development company, has seen its stock price surge by 1380% over the past five years. The company's recent issuance of equity shares through the conversion of warrants has further caught the market's attention. Here’s a detailed look at the factors driving this impressive performance.
Real EstateInfrastructureMan InfraconstructionStock MarketShare PriceReal Estate NewsJul 12, 2025
Man Infraconstruction, a Mumbai-based infrastructure development company, operates in various sectors including engineering, procurement, and construction (EPC) services for ports, real estate, and urban infrastructure. The company’s recent announcement has added another layer of interest to its already impressive stock performance.
On Friday, the company announced the allotment of 29,66,220 equity shares following the conversion of an equivalent number of convertible warrants. The Allotment Committee of the company’s board of directors approved the issuance at a meeting held on July 11, 2025. Each equity share has a face value of ₹2 and was allotted on a preferential basis to warrant holders who exercised their right to convert the warrants into shares.
The conversion took place after the company received an aggregate payment of ₹34.48 crore from the allottees, calculated at ₹116.25 per warrant. This amount represents 75% of the total issue price of ₹155 per warrant. The newly issued equity shares will rank pari-passu with the existing equity shares of the company in all respects, including dividend entitlements.
Following this allotment, the subscribed and paid-up share capital of Man Infraconstruction has increased to ₹77.56 crore, comprising 38,77,84,925 equity shares of ₹2 each. Prior to this, the company’s paid-up capital stood at ₹76.96 crore. The company also disclosed that 1,85,11,580 convertible warrants are still outstanding. Holders of these warrants are entitled to convert them into equity shares by paying the remaining 75% of the issue price — ₹116.25 per warrant — within 18 months from the date of warrant allotment.
Man Infraconstruction’s stock performance has been nothing short of remarkable. On Friday, the company’s share price ended 1.57% lower at ₹182.10 apiece on the BSE. In the past week, the stock has fallen 3.19%. However, the stock has been up 25.28% in the past quarter and fell 9.54% in the past year. Over the span of five years, Man Infraconstruction share price has jumped 1380.11%.
The company’s strong performance can be attributed to its diverse portfolio and strategic investments in key sectors such as real estate and urban infrastructure. Man Infraconstruction has consistently delivered on its projects, earning a reputation for reliability and quality. This has not only bolstered its financial performance but also enhanced its market standing.
Investors are optimistic about the company’s future prospects, given its robust project pipeline and strategic focus on high-growth sectors. The recent issuance of equity shares is expected to further strengthen the company’s capital base and support its expansion plans.
In conclusion, Man Infraconstruction’s 1380% rally over the past five years is a testament to its strong business fundamentals and strategic vision. As the company continues to execute its growth plans, investors remain hopeful about its future performance.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Frequently Asked Questions
What is Man Infraconstruction’s recent stock performance?
Man Infraconstruction’s share price ended 1.57% lower at ₹182.10 apiece on the BSE on Friday. In the past week, the stock fell 3.19%. However, the stock has been up 25.28% in the past quarter and fell 9.54% in the past year. Over the span of five years, Man Infraconstruction share price has jumped 1380.11%.
What sectors does Man Infraconstruction operate in?
Man Infraconstruction operates in various sectors including engineering, procurement, and construction (EPC) services for ports, real estate, and urban infrastructure.
How many equity shares were issued by Man Infraconstruction through the conversion of warrants?
Man Infraconstruction issued 29,66,220 equity shares through the conversion of warrants valued at ₹34.48 crore.
What is the face value of the newly issued equity shares by Man Infraconstruction?
The face value of the newly issued equity shares by Man Infraconstruction is ₹2 each.
What is the total issue price of the warrants converted by Man Infraconstruction?
The total issue price of the warrants converted by Man Infraconstruction is ₹155 per warrant, with 75% of this amount (₹116.25) paid by the warrant holders.
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