The Mayasheel Ventures IPO is scheduled to open on June 20, 2025, and will close on June 24, 2025. The basis of allotment will be finalized on June 25, 2025 (Wednesday), while refunds will be initiated on June 26, 2025 (Thursday). The shares are expected to be credited to the demat accounts on the same day, June 26, 2025, and the listing is likely to take place on June 27, 2025 (Friday) on the NSE SME platform.
This is a book build issue, and the company aims to raise around ₹27.28 crores through a fresh issue of 58.05 lakh equity shares. The price band for the IPO has been fixed at ₹44 to ₹47 per share. Investors can apply for a minimum lot size of 3,000 shares, requiring a minimum investment of ₹1,41,000 at the cutoff price. The retail investor quota is 35%, while QIBs get 50% and HNIs have 15% reservation in the IPO.
The allotment of shares is expected to be finalized on June 25, 2025 (Wednesday), and shares will be credited to demat accounts by June 26, 2025. The company is likely to be listed on the NSE SME platform on June 27, 2025 (Friday).
Financially, the company has shown solid growth, with its revenue increasing to ₹172.05 crores in FY2025 from ₹131.14 crores in FY2024, and net profit rising to ₹11.33 crores from ₹6.51 crores in the same period. Looking at its performance, this IPO appears promising for long-term investors.
Overview of Contents
About Mayasheel Ventures IPO
Mayasheel Ventures Limited is a well-known company in India’s infrastructure sector, mainly working on road and highway construction for government bodies like the National Highways and Infrastructure Development Corporation (NHIDCL) and various state departments. Incorporated in May 2008, the company has been involved in building and upgrading complex and large-scale projects such as expressways, national highways, flyovers, and bridges.
The company works on an EPC (Engineering, Procurement, and Construction) and BOQ (Bill of Quantity) basis, which means they handle everything — from planning and designing to sourcing materials, construction, and final handover. Their projects help improve regional connectivity and boost economic development. Most of their work comes under Business-to-Government (B2G) contracts through government tenders.
Apart from roads and bridges, Mayasheel Ventures is also engaged in electrical infrastructure projects, including power houses, streetlight installation, and transmission lines. As of March 31, 2025, the company employs 294 permanent staff.
The company has a strong order book, experienced leadership in civil engineering, and proven execution ability, making it a reliable player in India’s growing infrastructure development space.
Mayasheel Ventures IPO Overview
| IPO Particulars | Details |
|---|---|
| IPO Type | Book Built Issue |
| Price Band per Share | ₹44 to ₹47 |
| Lot Size (Min Bid) | 3,000 Equity Shares |
| Face Value | ₹10 per Equity Share |
| Total Equity Offered | 58.05 Lakh Shares |
| Fresh Equity Offered | 58.05 Lakh Shares |
| Estimated Issue Size | Approx ₹27.28 Crores |
| Retail Investor Reservation | Up to 35% of Net Offer |
| Qualified Institutional Buyers | Up to 50% of Net Offer |
| Non-Institutional Investors | Up to 15% of Net Offer |
| Exchange Platform | NSE SME Segment |
| Market Maker Allocation | 2.91 Lakh Shares |
| Pre-Issue Share Capital | 1,62,45,000 Shares |
| Post-Issue Share Capital | 2,20,50,000 Shares |
Mayasheel Ventures IPO GMP
The grey market premium (GMP) of Mayasheel Ventures IPO shows how much demand is there for the shares before listing. GMP gives an idea of how the IPO might perform on the listing day. Please note that GMP keeps changing daily based on market mood and demand. Investors should not fully depend on GMP and should check company fundamentals before investing.
- To Be Updated Soon
Mayasheel Ventures IPO Dates
| Event | Date (Day) |
|---|---|
| IPO Open Date | June 20, 2025 (Friday) |
| IPO Close Date | June 24, 2025 (Tuesday) |
| Basis of Allotment | June 25, 2025 (Wednesday) |
| Refunds Initiation | June 26, 2025 (Thursday) |
| Credit to Demat Account | June 26, 2025 (Thursday) |
| IPO Listing Date | June 27, 2025 (Friday) |