COMPANY

About Us

With roots dating back to the year 1964, we at the MICL Group are proud of our lineage spanning 5 decades of experience, trust and holistic growth. We began as engineering contractors and have built several challenging landmark projects pan India across verticals like ports, infrastructure, residential townships, commercial projects, institutions, IT projects and futuristic lifestyle houses.

Having witnessed First-hand the remarkably steady yet robust growth of India, we forayed into the real estate sector in 2012. The larger objective: To craft homes with 50+ years of experience and expertise and to create newer benchmarks in lifestyle.

With an expansion of our engineering capacities, we diversified into newer areas of hardcore engineering and set out to redefine ‘Luxury Lifestyle’ as per global standards. In our 10 years of operation in the real estate sector, we have built exceptional projects in India and we are now foraying across the globe to create lifestyles and engineer happiness so you live better.

Equipped with a heritage of expertise and a drive to offer the very best in real estate lifestyle, we are poised to become the new age market leader in redefining Luxury Lifestyle.

Our expertise across diverse infrastructure domains is evident through the successful execution of various projects covering :
SERVICES
Port Infrastructure
Port Infrastructure

Onshore container terminals and Freight Stations, Land Reclamation, Soil Consolidation, Operational services like Firefighting, Sewerage, Drainage systems etc.

Residential Constructions
Residential Constructions

High Rise Building, Townships, Luxury Villas and more.

Commercial & Institutional Constructions
Commercial & Institutional Constructions

IT Parks, Office Complexes, Hotels, Shopping Malls, Schools, Hospitals etc.

Industrial Constructions
Industrial Constructions

Factories, Cold Storages, Warehouse Facilities, Heavy Engineering, Manufacturing and Processing Units etc.

Road Constructions
Road Constructions

Earthwork & Paving, Electrification, Landscaping, Widening, Up-gradation and Drainage and beyond.

Since inception, Man Infraconstruction has steadily attained substantial profitability and value creation for its stakeholders. We are a ISO 9001:2015, ISO 14001:2015 and OSHAS 45001:2018 certified Company. Our success stems from the steely resolve of our young, passionate and dedicated team of qualified and experienced engineers, supervisors, technicians and administrative staff. Their expertise enables quick flow of knowledge and efficient decision making throughout the organization.

We believe in exceeding clients’ expectations by achieving global benchmarks for transparency, reliability and integrity. A commitment to sustainable development, safety and environment protection forms the genesis of our culture.

Our clients value our allegiance to quality, timely deliveries, superior customer service and the experience of engaging in business with a highly qualified and experienced management. By leveraging our strengths and capitalizing on developing opportunities, we aspire to consolidate our position in the infrastructure construction and become one of the top Real Estate Development Company in Mumbai.

Our Vision

To be a leading integrated Real Estate Development company with strong in-house execution expertise and capabilities with attention to detail and utmost customer satisfaction and continue to grow in infrastructure space thereby enhancing shareholder’s value.

Our Mission

To strengthen our position as a market leader in Real Estate development projects and Infrastructure construction works.

Board of Directors

Berjis Desai

Non-Independent & Non-Executive Chairman


Mr. Berjis Desai is the Non-Executive Non – Independent Director and Chairman of MICL. A Master of Law from the University of Cambridge, he is an independent legal counsel engaged in Private Client Practice. Retired as Managing Partner of J Sagar Associates, a National Law Firm; he guides the company towards a culture of strong corporate governance and compliance.

Parag K. Shah

Non-Executive Chairman Emeritus


Mr. Parag K. Shah is MICL’s Non-Executive Director and Chairman Emeritus. With more than 22 years of experience, he is a veteran of the construction industry. He joined the Company in 1991, after completing his graduation in commerce. It was under his leadership that the Company won the prestigious contract for the construction of the first private port in India at Nhava Sheva, in 1997. Since this turning point in the company’s history, his entrepreneurial acumen and vision have taken the Company to new heights.

Manan P. Shah

Managing Director


Mr. Manan P. Shah is the Managing Director of the company. 

The young and dynamic MD drives Business Development & Marketing for the Real Estate side of MICL with a flair and passion for design. Deeply involved in various design and interior aspects of the projects, his knack for originality in architecture, and proficiency in the industry pushes the company to accomplish new altitudes in real estate. Mr. Manan P. Shah completed his International baccalaureate diploma from RBK International Academy, while he pursued his BBA (HONS) degree from Kingston University, London. 

Suketu R. Shah

Joint Managing Director


Suketu R. Shah is the Joint Managing Director of MICL. He holds a Licentiate in Civil and Sanitary Engineering from VJTI, Mumbai, and has been at the engineering core of the Company since its incorporation. He has executed various projects over a career of over 20 years in the construction industry. His leadership skills have enabled the company to execute complex projects successfully.

Mr. Ashok Mehta

Executive Director


Ashok Mehta is a master Chartered Accountant, a Fellow Chartered Accountant of the Institute of Chartered Accountants of India. He has over 34 years of experience both in India and abroad in Finance, Accounts, Systems and Commercial aspects of the business in Trading and Manufacturing organizations. He is responsible for looking after MICL’s finance, accounts, auditing, income-tax, GST and property related matters. He was previously with Doshi & Co. (Hardware) Limited from 1990 to August 2008 in various positions, including as Chief Executive Officer.

Kamlesh S. Vikamsey

Independent Director


Kamlesh S. Vikamsey is a qualified Chartered Accountant since 1982. He has over 28 years of experience in Accounting, Finance, Taxation, Corporate, and Personal Advisory Services. He has been associated with M/s Khimji Kunverji & Co. as a senior partner since 1982. He was the President of the ICAI during 2005-2006 and was the Vice President of the Institute of Chartered Accountants of India (ICAI) during 2004-2005.

Dharmesh Shah

Independent Director


Dharmesh Shah has a B.E. (Mech.) from the University of Kashmir in 1985. He became a member of the Institution of Mechanical Engineers in 1991 and a Fellow of the Institution of Valuers in 1997. He worked with Mukund Iron and Steel Limited from September 1985 to February 1986 and then with Saple Scales Manufacturing Private Limited from April 1986 to September 1986.

Mrs. Kavita Upadhyay

Non-Executive Independent Woman Director


CA Kavita Upadhyay, M. Com., is a practicing Chartered Accountant, practicing in the name and style of Kavita B Upadhyay and Associates. She has over a decade of experience in the field of Accounting, Direct and Indirect Taxation, Transfer Pricing, and Tax Compliance.

Certificates

Integrated Management System Policy and IMS Certification

Man Infraconstruction Limited is now an Integrated Management System (IMS) Certified Company conforming to the Requirements of Quality Management System ISO 9001:2015, Environment Management System ISO 14001:2015 and Occupational Health & Safety Management System ISO 45001:2018. The Certification Body is TUV Nord, Germany and the Accreditation Body is DAkkS, Germany. The Certificate is Valid for 3 Years till 02.04.2022. This Certification by TUV qualifies us for participating in Tenders requiring conformance to the latest Quality / Environment / Occupational Health and Safety System requirements. It also provides the system framework for strengthening our Business Management System in a holistic and structured manner. Integrated Management System supports Sustainable Development wherein the needs of multiple stakeholders are addressed effectively, efficiently and in a transparent manner.

Subsidiaries

1Man Projects Limited

Man Projects Limited was incorporated in July 2007. The company was established with a focus to develop business in the government sectors like JNPT, CIDCO and others. The Company has efficiently completed the work for development of the fourth container terminal at Jawaharlal Nehru Port (JNPT), Mumbai, India for Bharat Mumbai Container Terminal Private Limited as per order received.

The Promoter Companies are Man Infraconstruction Limited (51%), Thakur Infraprojects Pvt. Ltd. (20%) and J M Mhatre Infra Pvt. Ltd. (15%)
Man Projects Limited Annual Report 2020-21

2Manaj Infraconstruction Limited

Manaj Infraconstruction Limited was incorporated in March 2009. The company has been established with a view to increase range of activities in the public infrastructure sector. The Company has undertaken a Project for construction of residential premises at Charholi and Ravet within the jurisdiction of Pimpri Chinchwad Municipal Corporation (PCMC) under the Pradhan Mantri Awas Yojna (PMAY) Housing scheme.

The Promoter Companies are Man Infraconstruction Limited (64%) and Ajwani Infrastructure Pvt. Ltd. (36%)
Manaj Infraconstruction Limited Annual Report 2020-21

3Man Aaradhya Infraconstruction LLP

The principal activity of Man Aaradhya Infraconstruction LLP is to undertake Real-Estate Development and Redevelopment projects. The LLP has completed the construction of new buildings namely “Aaradhya Residency” in Ghatkopar West, Mumbai.

The Promoter Company is Man Infraconstruction Limited (98%).
Man Aaradhya Infraconstruction LLP Annual Report 2020-21

4Man Realtors and Holdings Private Limited

The Company has been established to undertake Real-Estate Development and Redevelopment projects. The Company has undertaken a mega redevelopment project Aaradhya One Earth at Ghatkopar Avenue, Naidu Colony, Ghatkopar (E), Mumbai. The construction of its real estate project namely “Aaradhya One Earth” is in full swing and has received very good response.

The Promoter Company is Man Infraconstruction Limited (62.79%).
Man Realtors and Holdings Private Limited Annual Report 2020-21

5MICL Realtors Private Limited

The Company has been established to undertake Real-Estate Development and Redevelopment projects.

The Promoter Company is Man Infraconstruction Limited (100%).
MICL Realtors Private Limited Annual Report 2020-21

6Manaj Tollway Private Limited

Manaj Tollway Pvt Ltd was incorporated in November 2011 to undertake road project on DBFOT basis at Hadapsar, pune. In March 2015, the Company has submitted a Termination Notice to PWD on account of failure of PWD to acquire and hand over land for road construction and unresolved matters on forest clearance. The Company has claimed costs incurred and compensation in line with the terms and conditions of the Concession Agreement from PWD. The Hon’ble Arbitrator has given the award in favour of MTPL and the matter is pending at the Hon’ble High Court at Bombay. The duly signed consent terms mutually agreed by the parties were accepted by the Hon’ble High Court at Bombay and consent order was passed dated 12th December, 2019. The Government of Maharashtra had then prayed for review of the consent order passed by the Court. The said review petition was dismissed by the Hon’ble High Court at Bombay vide its order dated 5th March, 2021. In light of the Pandemic and court vacation, there is delay in further process of claim.

The Promoter Companies are Man Infraconstruction Limited (63%) Ajwani Infrastructure Pvt. Ltd. (36%) and Manaj Infraconstruction Limited (1%).
Manaj Tollway Private Limited Annual Report 2020-21

7Manmantra Infracon LLP

The LLP has been established to undertake Real-Estate Development and Redevelopment projects. The LLP has completed a residential project namely “Aaradhya Signature” at Sion (W), Mumbai.

The Promoter Company is Man Infraconstruction Limited (60%).
Manmantra Infracon LLP Annual Report 2020-21

8MAN VASTUCON LLP

The principal activity of Man Vastucon LLP is to undertake Real-Estate Development projects. The construction work of Phase I of its mega real estate project namely ‘Aaradhya HighPark’ at Mahajanwadi within the jurisdiction of Mira Bhayandar Municipal Corporation; is in full swing. Man Vastucon has received a very good response to the Project.

The Promoter Company is Man Infraconstruction Limited (99.99%).
MAN VASTUCON LLP Annual Report 2020-21

9MICL Developers LLP

The LLP has been established to undertake Real-Estate Development and Redevelopment projects. The construction of its real estate project namely “Aaradhya Eastwind” at Vikhroli, Mumbai is in process and has received good response.

The Promoter Company is Man Infraconstruction Limited (99.99%).
MICL Developers LLP Annual Report 2020-21

10Starcrete LLP

Starcrete is engaged in the business of producing, manufacturing, processing, trading, dealing in all kind of building material products including ready mix concrete (RMC), Aggregate, cement and all cement based products, etc.

The Promoter Company is Man Infraconstruction Limited (75%).
Starcrete LLP Annual Report 2020-21

11MICL Global Inc.

MICL Global was incorporated as a wholly owned subsidiary in the State of Delaware, USA to undertake development/construction activity and is yet to commence its business operation.

The Promoter Company is Man Infraconstruction Limited (100%).
MICL Global Inc. Annual Report 2020-21

12Man Infra Contracts LLP.

Man Infra Contracts LLP has become subsidiary to undertake real estate activity and is yet to commence its business operation.

The Promoter Company is Man Infraconstruction Limited (70.00%).
Man Infra Contracts LLP. Annual Report 2020-21

13MICL Builders LLP.

MICL Builders LLP has become subsidiary to undertake real estate activity and is yet to commence its business operation.

The Promoter Company is Man Infraconstruction Limited (97.50%).
MICL Builders LLP. Annual Report 2020-21

14MICL Creators LLP.

MICL Creators LLP has become subsidiary to undertake real estate activity and is yet to commence its business operation.

The Promoter Company is Man Infraconstruction Limited (99.99%).
MICL Creators LLP. Annual Report 2020-21

15MICL Properties LLP.

MICL Properties LLP has become subsidiary to undertake real estate activity and is yet to commence its business operation.

The Promoter Company is Man Infraconstruction Limited (99.99%).
MICL Properties LLP. Annual Report 2020-21

Corporate Information

1
Chief Financial Officer and Executive Director

Mr. Ashok Mehta

2
Company Secretary & Compliance Officer

Mr. Durgesh Dingankar

3
Statutory Auditors

M/s Nayan Parikh & Co.,

Chartered Accountants, Mumbai
4
Secretarial Auditors

M/s Rathi & Associates

Company Secretaries, Mumbai
5
Internal Auditors

M/s Aneja Associates

Chartered Accountants, Mumbai
6
Cost Auditors

M/s Shekhar Joshi & Company

Cost Accountants, Mumbai
7
Registered Office

12th Floor, Krushal Commercial Complex,
G. M. Road, Chembur (West),
Mumbai - 400089

CIN: L70200MH2002PLC136849.
Tel. No: +91- 22- 4246 3999
Fax No: +91-22-2525 1589
Website: www.maninfra.com