Mumbai, October 6: MICL Group, a Mumbai-based pioneer in real estate and infrastructure development has cemented itself as the leader in innovation, timely delivery, and fostering excellence. Founded in 1964, the Group began its journey with industrial contract projects, including the first private Indian international port – the Nhava Sheva International Container Terminal at Jawaharlal Nehru Port Terminal for DP World - in Navi Mumbai in 1997 and has since bagged multiple infrastructural projects such as the Mundra Port, Chennai Port, Vallarpadam Port, and Pipavav Port. MICL Group continues to work with MNCs such as PSA, Godrej, DP World, Adani, and Tata Housing. As the foremost name in the infrastructure industry with more than 18 million sq.ft. of construction underway, MICL Group over the last decade has also dedicated its expertise and pursuit of excellence to the development of real estate.
MICL Group successfully entered the capital market with listings on both NSE and BSE in 2010 with an over-subscribed IPO, worth the size of 141.76 Cr. Currently, the holding company is debt-free with a consolidated net worth of Rs. 860 crores as on March 2022 and a proven track record of strong profitability. Taking their expertise ahead in the real estate space, MICL Group ventured into Real Estate Development in 2012 with its first residential development project ‘Aaradhya Tower’ in Ghatkopar, Mumbai. Thereafter company took many single…