About Man Projects Limited
Data last updated:
Man Projects Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Man Infraconstruction Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 14 July 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2007PLC172365. Its GSTIN is 27AAFCM1676C1ZL (Maharashtra).
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors including Dharmesh Rajnikant Shah and Manan Parag Shah.
Its last annual general meeting (AGM) was held on 08 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.09 Lakh, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹19.6 Lakh (net margin 88.7%) and EBITDA of ₹20.3 Lakh (EBITDA margin 91.9%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 70% over five years.
The company had about 15 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹178.79 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The last known website on record is maninfra.com.
Company details
Contact details
Man Projects Limited's registered office is in Mumbai, Maharashtra. Its website is maninfra.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address12th Floor Krushal Commercial Complex Above Shopper'S Stop G. M. Road Chembu, R (West), Mumbai, Maharashtra, India – 400089
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Man Projects Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Man Projects Limited
FY 2024 filings availableMan Projects Limited reported revenue of ₹22.09 Lakh (up 58% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 58% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 70%. EBITDA rose 252% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹20.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.6 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.9% | ||||
| Net Profit Margin | 88.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Man Projects Limited, buy the company report.
Board of directors of Man Projects Limited
Man Projects has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Rajnikant Shah Also directs: Manaj Infraconstruction Limited | Director | 24 Jul 2017 | 9 Years 3 Months | As last reported |
| Manan Parag Shah Also directs: Manaj Infraconstruction Limited, Man Aaradhya Infraconstruction LLP, Man Infraconstruction Limited and 5 more | Director | 04 Mar 2019 | 7 Years 8 Months | As last reported |
| Ashok Manharlal Mehta Also directs: Man Aaradhya Infraconstruction LLP, Man Infraconstruction Limited, Man Realtors and Holdings Private Limited and 1 more | Director | 01 Dec 2022 | 3 Years 11 Months | As last reported |
Auditor
Man Projects Limited is audited by Shaparia Mehta & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shaparia Mehta & Associates LLP | FY 2022 | 112350W/W100051 |
Shareholding
The shareholding of Man Projects Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Man Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2016 | 100035702 | Others | ₹160 Cr | Satisfied | |
| 26 Sep 2008 | 10125213 | Standard Chartered Bank | ₹15 Cr | Satisfied | |
| 28 Dec 2007 | 10084983 | Hdfc Bank Limited | ₹19.9 Lakh | Satisfied | |
| 19 Dec 2007 | 10086156 | Hdfc Bank Limited | ₹35.6 Lakh | Satisfied | |
| 01 Nov 2007 | 10075681 | Icici Bank Limited | ₹1.03 Cr | Satisfied |
To see the full charge records of Man Projects Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Man Projects Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.C) | Filed against the company by an individual | Disposed |
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Man Projects Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Man Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Man Projects Limited has a workforce of 15 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Man Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM1676C1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Man Projects Limited, buy the company report.
Recent activity
Man Projects Limited has 13 board changes on record since 2016: 3 appointments and 10 cessations. The latest: Ashok Manharlal Mehta ceased to be Additional Director on 07 Aug 2023.
16 earlier events are in the company report.
News
Frequently asked questions
Man Projects has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Man Projects was a public limited company based in Mumbai, Maharashtra, India. The company worked in procurement and construction (epc), within the engineering industry. It was incorporated on 14 July 2007 and is registered under CIN U45200MH2007PLC172365. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Man Projects was incorporated on 14 July 2007. It is registered with the Registrar of Companies, Mumbai.
Man Projects had 3 directors:
- Dharmesh Rajnikant Shah - Director
- Manan Parag Shah - Director
- Ashok Manharlal Mehta - Director
The CIN (Corporate Identification Number) of Man Projects is U45200MH2007PLC172365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Man Projects is at 12th Floor Krushal Commercial Complex Above ShopperS Stop G. M. Road Chembu, R West, Mumbai, Maharashtra, India – 400089.
Man Projects can be reached through the website maninfra.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Man Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 08 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Man Projects is 27AAFCM1676C1ZL, registered in Maharashtra.
Man Projects operated in the engineering industry, in the procurement and construction (epc) segment.
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