On 19 June 2025, Man Infraconstruction Ltd. (MICL) formalized its real estate ambitions with the creation of MICL Shreepati August LLP, marking its latest venture into housing development. The joint subsidiary carries a capital of ₹1 lakh, with MICL contributing 50.5% (₹50,500). Official filings clarify that neither promoters nor the promoter group hold personal stakes in the entity.
This new unit complements Man Infra’s existing dual pillars: a robust five-decade EPC legacy and a growing real estate development profile in Mumbai and beyond. While operations for MICL Shreepati August LLP have yet to start, the move signals the company’s strategic realignment following a November 2024 announcement focusing on luxury Mumbai locales such as Bandra, BKC, and Vile Parle.
Financially, MICL posted a 50.2% rise in consolidated net profit to ₹97.2 crore in Q4 FY25, with flat revenues at ₹293.8 crore—validating its strong EPC performance even as it scales development ventures.
By spinning off MICL Shreepati August LLP, Man Infra gains a focused vehicle to pursue high-end projects alongside its EPC business—combining construction excellence with tailored real estate growth.
