Rs 8,500 Crore Order Book: Ramky Group’s Infrastructure Company Signs Concession Agreement with MIDC
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On Friday, March 12, 2026, Ramky Infrastructure Ltd informed the stakeholders that a Concession Agreement has been executed between Maharashtra Industrial Development Corporation (MIDC) and Maha Integrated Life Sciences City Ltd (MILeS). MILeS is a wholly owned subsidiary of Ramky Infrastructure Ltd.
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The agreement is for the development, operation, maintenance, and management of a High-Tech Pharmaceutical Park. The park will be located in Dighi Port Industrial Area, covering Mangaon and Roha Taluk in Raigad District, Maharashtra. The project will be implemented on a Public-Private Partnership (PPP) basis.
Project Duration and Scope
The project has been awarded for a period of 95 years, including a Construction period of five years. Spread across 1,000 hectares, the Life Sciences City will comprise an Industrial Zone, Commercial Zone, Common Amenities, Utilities, Open Spaces, and Roads. The city is designed to provide a one-stop holistic solution for the life sciences and pharmaceutical sectors, offering all the requisite sustainable infrastructure for establishing their units.
The total estimated project cost is around Rs 3,000 crore. Ramky Infrastructure Ltd expects to generate revenue through multiple streams, including land lease premiums, development charges, maintenance income from services and operational income from utilities.
With this landmark project, Ramky Infrastructure Ltd aims to strengthen its position as a major player in the country, showcasing its niche expertise in executing projects that provide comprehensive infrastructure solutions for the life sciences, pharmaceutical, and allied industries.
About Ramky Infrastructure Ltd
Ramky Infrastructure Ltd (RIL) is the flagship company of the Ramky Group, founded in 1994. It is one of the few leading ISO-certified EPC companies in India.
With over three decades of experience, RIL has successfully handled design, engineering, financing, project execution, and operations across multiple sectors. The company has a strong presence in areas such as industrial solutions, water and wastewater management, roads and urban infrastructure, and building projects. As of December 31, 2025, the company has a total standalone Order Book of Rs 8,500 crore.
Ramky Infrastructure Ltd Share Price Performance
Following the announcement, Ramky Infrastructure Ltd’s shares rose over 3 per cent, reaching a high of Rs 489 in early trade, a rise of approximately 6.6 per cent from the previous close.
As of 11:12:58 IST, the company’s shares were trading at Rs 467.80, up Rs 9.25, or 2.02 per cent from the previous close. The stock opened at Rs 462.55, reached a high of Rs 489.00, and touched a low of Rs 452.00 during the session. The previous close was Rs 458.55.
The company's year-to-date (YTD) return stands at -15.14 per cent, while its return over the past year stands at just 1.10 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.