Sanmit Infra’s Big Win: ₹4.25 Cr Micro Surfacing Work Order Secured in Pune

MUMBAI | June 6, 2025 – Sanmit Infra Ltd (BSE: 532435), a diversified construction, realty and waste management company, has recently secured a major work order valued at ₹4.25 crore for executing micro surfacing work across 3,00,000 square metres in Pune under PN-35 Projects.

This is critical news from the perspective of the company as it will help revenue growth, better market positioning, and improved operational footprints. The company’s stock price rose by almost 4% and closed at ₹11.30 per share.

Project Scope and Timeline

Awarded by D.G. Belhekar Infra Pvt Ltd, the contract includes providing and laying polymer-modified micro surfacing (6–8mm thickness) conforming to SP-81 specifications and an approved Job Mix Formula (JMF). The project is scheduled to commence on June 10, 2025, with a completion deadline of two months.

Work Responsibilities

Sanmit Infra’s Scope:

• Road cleaning before surfacing
• Approval and application of the Job Mix Formula
• Use of in-house and third-party testing
• Supply of aggregate, cement, polymer emulsion, manpower, and machinery
• Traffic management and safety measures
• Material and labour camp arrangements

D.G. Belhekar Infra’s Scope:

• Providing open land for storage and camps
• Initial village-area cleaning
• Traffic and safety permissions for project initiation

Payment Terms and Operational Details

• RA bills will be raised every 10 days and settled within 7 working days
• GST is charged at 18%
• Retention money at 5% will be held for 12 months post-completion for any defect rectification
• Daily micro surfacing capacity: 6,000–8,000 sqm using dedicated pavers working ~23–24 days/month
• The contract includes a Defect Liability Period (DLP) of 12 months exclusively for micro surfacing

Financial Highlights

• Contract Value: ₹4,24,80,000 (inclusive of 18% GST)
• Unit Rate: ₹120 per sqm
• No related-party interest or promoter involvement in the awarding entity

This order is critical for the company and its ability to execute infrastructure projects. It will also help in enhancing its presnece in the urban road development sector.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/f67b7d57-179f-4f35-8435-194920ac4275.pdf

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations