Man Projects Limited - Company Profile

Q: Who are the current directors of Man Projects Limited?

The current directors of Man Projects Limited are Dharmesh Rajnikant Shah, Manan Parag Shah, Ashok Manharlal Mehta.

It is a engineering public limited company based in Mumbai, Maharashtra, India, established in 2007.

2007 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 19, 2025

About Man Projects Limited

Man Projects Limited, a amalgamated public limited company, was established on 14 July 2007 in Mumbai, Maharashtra, India. Engaging in procurement & construction (epc) within the construction sector, it holds CIN: U45200MH2007PLC172365. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Employing 15 professional, Its leadership includes Dharmesh Rajnikant Shah (Director), Manan Parag Shah (Director), Ashok Manharlal Mehta (Director). Past directors included Dharmesh Rajnikant Shah, Manan Parag Shah, Paresh Ram Thakur. It holds no open charges and ₹178.79 Cr settled loans. Its latest AGM occurred on 08 July 2024, with the balance sheet filed on 31 March 2024. It is based at 12Th Floor, Krushal Commercial Complex Above Shopper'S Stop, G. M. Road, Chembu, R (West), Mumbai, Maharashtra, 400089.

Company Details

CIN/LLPIN
U45200MH2007PLC172365
Registration Number
172365
Incorporation Date
14 July 2007
Authorized Capital
₹5.00 M
Paid-Up Capital
₹5.00 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 5.00 M as on 19-07-2025
Paid Up Capital ₹ 5.00 M as on 19-07-2025
Company Age 18 Year, 6 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 178.79 Cr as on 19-07-2025
Revenue Growth **** -50.73% (FY 2022)
Profit Growth **** -225.18% (FY 2022)
Ebitda **** -1476.17% (FY 2022)
Net Worth -24.01% (FY 2022)
Total Assets -25.07% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Man Projects Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Man Projects Limited?

Current Directors

Name	Designation	Appointment Date	Status
Dharmesh Rajnikant Shah	Director	24 Jul 2017	Current
Manan Parag Shah	Director	04 Mar 2019	Current
Ashok Manharlal Mehta	Director	01 Dec 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	16 Aug 2017	Past
Pramod Abcsdd	Additional Director	10 Sep 2019	Past
Pramod Abcsdd	Director	14 May 2016	Past
Pramod Abcsdd	Director	16 Mar 2016	Past
Pramod Abcsdd	Director	01 Dec 2022	Past
Pramod Abcsdd	Additional Director	23 Sep 2016	Past

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Financial Performance of Man Projects.

Man Projects Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 50.73% decrease. The company also saw a substantial fall in profitability, with a 225.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.01%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-50.73%

*******

Revenue from Operations

*******

-72.83%

*******

Total Assets

*******

-25.07%

*******

Profit or Loss

*******

-225.18%

*******

Net Worth

*******

-24.01%

*******

EBITDA

*******

-1476.17%

*******

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What is the Ownership and Shareholding Structure of Man Projects?

In 2022, Man Projects had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,787,935,400.00

Charges Breakdown by Lending Institutions

Others : 160.00 Cr
Standard Chartered Bank : 15.00 Cr
Icici Bank Limited : 3.24 Cr
Hdfc Bank Limited : 0.56 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Jun 2016	Others	₹160.00 Cr	Satisfied
26 Sep 2008	Standard Chartered Bank	₹15.00 Cr	Satisfied
28 Dec 2007	Hdfc Bank Limited	₹1.99 M	Satisfied
19 Dec 2007	Hdfc Bank Limited	₹3.56 M	Satisfied
01 Nov 2007	Icici Bank Limited	₹1.03 Cr	Satisfied

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How Many Employees Work at Man Projects?

Man Projects has a workforce of 15 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Man Projects, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Man Projects's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Man Projects

Recent Activity within the Organization

Annual General Meeting

Man Projects Limited last Annual general meeting of members was held on 08 Jul 2024 as per latest MCA records. was recorded as a recent event.
08 Jul 2024
Balance Sheet

Man Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Director Appointment

The activity Ashok Manharlal Mehta was appointed as a Director was appointed as a Director on 01 Dec 2022 & has been associated with this company since 3 years 2 months . was completed.
01 Dec 2022
Charges

Progress on A charge registered on 29 Jun 2016 via Charge ID 100035702 with Others was fully satisfied on 18 Feb 2020. was documented.
18 Feb 2020
Director Appointment

The activity Manan Parag Shah was appointed as a Director was appointed as a Director on 04 Mar 2019 & has been associated with this company since 6 years 11 months . was completed.
04 Mar 2019
Director Appointment

Dharmesh Rajnikant Shah was appointed as a Director was appointed as a Director on 24 Jul 2017 & has been associated with this company since 8 years 6 months . was recorded as a recent event.
24 Jul 2017

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