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The company was incorporated as Man Construction Private Limited on August 16, 2002. The name was changed to “Man Construction Limited” on July 15, 2004, reflecting the change in the constitution of the company from a private limited company to a public limited company under the Companies Act, 1956. The name was further changed to “Man Infraconstruction Limited” on November 3, 2006 pursuant to a special resolution of the shareholders of the company at an extraordinary general meeting held on September 18, 2006 to reflect the change in the primary business focus of the company. The fresh certificate of incorporation consequent upon the change of name was granted on November 3, 2006 by the RoC.

The promoters of the company are Parag K. Shah and Mansi P. Shah, who along with the promoter group, hold 71.61% of the pre-issue share capital of the company. Pursuant to share subscription agreements dated August 14, 2008 and February 16, 2009, SA 1 Holding Infrastructure Company Private Limited, Standard Chartered Private Equity (Mauritius) II Limited and Standard Chartered Private Equity (Mauritius) III Limited hold 9.23%, 1.71% and 5.20%, respectively, of the equity share capital of the company

It is a construction company headquartered in Mumbai. It has undertaken projects in the six states including Maharashtra, Kerala, Gujarat, West Bengal, Goa and Tamil Nadu. It provides construction services for port infrastructure, residential, industrial, commercial and road infrastructure projects. The company has executed significant onshore port infrastructure projects in the following ports in India: Jawaharlal Nehru Port Trust, Mundra Port, Chennai Port, Vallarpadam Port and Pipavav Port. Port infrastructure projects are complex and their execution generally requires strict adherence to exacting international quality standards and tight timelines.

In the residential sector, the company works with real estate developers in Mumbai and Pune in Maharashtra and is in the process of constructing a residential complex in the western suburbs of Mumbai with an aggregate area of 1.95 million square feet, a slum rehabilitation authority project in Mumbai consisting of the construction of a township aggregating 5.16 million square feet and the construction of 5,166 tenements at a mass housing project at Pune.

Business area:

The company provides construction services for the five sectors-

Company	Market Price	MCAP(Cr)	P/B	P/E	EPS	ROE
MANINFRA	69.8(0.0%)	2,588	2.3	16.9	33.8	38.7
HCC	13.95(0.0%)	2,115	3.2	10.1	72.8	0.0
ASHOKA	74(0.0%)	2,081	0.7	4.9	24.1	77.1
VINDHYATEL	1699.45(0.0%)	2,017	1.9	20.0	9.0	6.8
RAMKY	284.65(0.0%)	1,972	2.3	11.7	19.7	13.0
JKIL	239.65(0.0%)	1,814	0.8	6.6	12.9	7.9
ITDCEM	102.7(0.0%)	1,767	1.5	17.2	13.0	3.3
TECHNOE	320.45(0.0%)	3,446	1.8	21.2	19.3	15.3
POWERMECH	2329(0.0%)	3,477	3.0	19.0	17.7	14.2
SEPC	12.65(0.0%)	1,670	1.5	0.0	-12.9	-1.5K
NELCO	519.5(0.0%)	1,187	12.7	67.3	21.4	19.5
RIIL	765.3(0.0%)	1,155	3.0	171.6	2.5	2.0
PATELENG	14.8(0.0%)	1,144	0.4	11.0	11.7	3.0
LIKHITHA	232.35(0.0%)	917	3.9	15.9	35.8	26.7
GEPIL	104.25(0.0%)	699	1.9	0.0	-17.4	-35.4

Peer Comparison