Manav Infra Projects Receives Fresh Work Order Worth ₹2.99 Crore from Kolte Patil Developers for Shore Piling Work
Manav Infra Projects Limited has received a fresh work order worth ₹2,99,39,984.87 from Kolte Patil Developers Limited for shore piling and anchoring work at Bangur Nagar, Goregaon West, Mumbai, representing an extension of work at the site. The company had previously received an order of approximately ₹1,79,19,436.65 from the same client for the same project. The disclosed order value is inclusive of GST at 18%. The intimation was made under Regulation 30 of SEBI (LODR) Regulations, 2015 on 11.05.2026.

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Manav Infra Projects Limited has disclosed the receipt of a fresh work order worth ₹2,99,39,984.87 (Rupees Two Crore Ninety-Nine Lakh Thirty-Nine Thousand Nine Hundred Eighty-Four and Eighty-Seven Paise Only) from Kolte Patil Developers Limited. The intimation was made under Regulation 30 of SEBI (LODR) Regulations, 2015 and disclosed on 11.05.2026. The order pertains to the extension of shore piling and anchoring work at Bangur Nagar, Goregaon West, Mumbai-400104.
Order Details
The fresh work order builds upon an earlier engagement between Manav Infra Projects and Kolte Patil Developers Limited at the same project site. The company had previously received a work order for the same project amounting to approximately ₹1,79,19,436.65 (Rupees One Crore Seventy-Nine Lakh Nineteen Thousand Four Hundred Thirty-Six and Sixty-Five Paise Only). The new order represents an extension of the scope of work at the site. Notably, the disclosed project amount is inclusive of GST at 18%.
The key details of the work orders are summarised below:
| Parameter: | Details |
|---|---|
| Client: | Kolte Patil Developers Limited |
| Work Type: | Shore Piling and Anchoring Work |
| Project Location: | Bangur Nagar, Goregaon West, Mumbai-400104 |
| Previous Order Value: | ₹1,79,19,436.65 |
| Fresh Order Value: | ₹2,99,39,984.87 |
| GST Inclusion: | 18% (inclusive in order value) |
| Disclosure Date: | 11.05.2026 |
| Regulatory Reference: | Regulation 30, SEBI (LODR) Regulations, 2015 |
Regulatory Disclosure
The intimation was filed by Mahendra Narayan Raju, Managing Director of Manav Infra Projects Limited, and submitted to the Listing Department of the National Stock Exchange of India Limited. The company has stated that the intimation is in the normal course of business. The disclosure was made from the company's registered office at 102, Gundecha Industrial Complex Premises Co-Op. Soc., Ltd., Akurli Road, Near Growels Mall, Kandivali East, Mumbai-400101.
Historical Stock Returns for Manav Infra Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | +8.30% | +20.93% | +124.22% | +272.73% | +735.92% |
Could the repeat engagement and expanded scope at the Bangur Nagar project signal a longer-term strategic partnership between Manav Infra Projects and Kolte Patil Developers, potentially leading to larger future contracts?
How might Manav Infra Projects' growing order book from Mumbai-based real estate developers impact its revenue trajectory and margins over the next 12-18 months?
Given the back-to-back work orders at the same site, what does this indicate about Kolte Patil Developers' pipeline of upcoming residential or commercial projects in the Mumbai Metropolitan Region?



























