Musaddilal Projects

About Musaddilal Projects

Musaddilal Projects Private Limited (MPPL) is an Indian property developer focused on the logistics and warehousing sector. Incorporated in 2006 and based in Hyderabad, the company specializes in owning, building, and leasing warehouses, distribution centers, and logistics parks in various locations across India. MPPL is the flagship entity of the Scalar Group, founded by Pramod Kumar Gupta and his son, Rohit Gupta. The promoters have over a decade of experience in warehouse construction and leasing through multiple entities.

The company's business model revolves around developing modern, mechanized warehousing facilities and entering into long-term lease agreements with reputable clients. Its revenue is primarily generated from these lease rentals, often structured with periodic escalation clauses. MPPL serves major corporations, including a long-term association with Hindustan Unilever Limited (HUL) for facilities in Bangalore and Chennai, and UTI Worldwide (India) Private Limited. The company's strategy involves acquiring land and constructing specially designed warehouses to meet the specific distribution and storage needs of its clients.

MPPL has undertaken significant funding to fuel its expansion. In 2018, it was reported that Proprium Capital Partners invested approximately $100 million to build a logistics and warehousing platform with the company. This funding was intended to support the development of large-scale logistics centers across India. The company has raised a total of $100 million over three funding rounds, which also included a debt round.