Bookbuilding IPO | ₹27 Cr | Listed at NSE SME | Fri, Jun 20, 2025 - Tue, Jun 24, 2025
Mayasheel Ventures IPO is a book build issue of ₹27.28 crores. The issue is entirely a fresh issue of 0.58 crore shares of ₹27.28 crore.
Mayasheel Ventures IPO bidding started from Jun 20, 2025 and ended on Jun 24, 2025. The allotment for Mayasheel Ventures IPO was finalized on Jun 25, 2025. The shares got listed on NSE SME on Jun 27, 2025.
Mayasheel Ventures IPO price band is set at ₹47 per share. The lot size for an application is 3,000. The minimum amount of investment required by an retail is ₹1,41,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,82,000.
Narnolia Financial Services Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Prabhat Financial Services Ltd..
Refer to Mayasheel Ventures IPO RHP for detailed Information.
IPO Open
Fri, Jun 20, 2025
IPO Close
Tue, Jun 24, 2025
Issue Price
₹47 per share
Market Cap (Pre-IPO)
₹103.64 Cr
| IPO Date | 20 to 24 Jun, 2025 |
| Listed on | Fri, Jun 27, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹44 to ₹47 |
| Issue Price | ₹47 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 58,05,000 shares (agg. up to ₹27 Cr) |
| Reserved for Market Maker | 2,91,000 shares Prabhat Financial Services Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 55,14,000 shares (agg. up to ₹26 Cr) |
| Net Offered to Public | 55,14,000 shares (agg. up to ₹26 Cr) |
| Share Holding Pre Issue | 1,62,45,000 shares |
| Share Holding Post Issue | 2,20,50,000 shares |
| NSE Symbol | MAYASHEEL |
| ISIN | INE0ZTO01018 |
Mayasheel Ventures IPO comprises a total issue size of 58,05,000 shares. The net offer to the public is 55,14,000 shares, after excluding 2,91,000 shares allotted on a firm basis. Of the Net offer 27,54,000 (49.95%) are allocated to QIB, 8,28,000 (15.02%) allocated to NII 19,32,000 (35.04%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 27,54,000 | 49.95% | 47.44% |
| − Anchor Investor Shares Offered | 16,50,000 | 28.42% | |
| − QIB (Ex. Anchor) Shares Offered | 11,04,000 | 19.02% | |
| NII (HNI) Shares Offered | 8,28,000 | 15.02% | 14.26% |
| Retail Shares Offered | 19,32,000 | 35.04% | 33.28% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,91,000 | 5.01% | |
| Total Shares Offered | 58,05,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,41,000 |
| Retail (Max) | 1 | 3,000 | ₹1,41,000 |
| HNI (Min) | 2 | 6,000 | ₹2,82,000 |
Mayasheel Ventures IPO raises ₹7.76 crore from anchor investors. Mayasheel Ventures IPO Anchor bid date is June 19, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Jun 19, 2025 |
| Shares Offered | 16,50,000 |
| Anchor Portion (₹ Cr.) | 7.76 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Jul 26, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Sep 24, 2025 |
Incorporated in May 2008, Mayasheel Ventures Limited constructs roads and highways for NHIDCL and other government departments.
The company engages in constructing, altering, and developing complex projects like expressways, highways, flyovers, and bridges.
The company undertakes projects on an EPC (Engineering, Procurement, and Construction) and BOQ (Bill of Quantity) basis.
The company has engaged in electrical works, including constructing power houses, installing streetlights, and developing transmission lines.
The company serves government departments, mainly generating revenue from tenders.
Business Segments:
As of March 31, 2025, the Company has 294 employees on the payroll.
Competitive Strength:
Mayasheel Ventures Ltd.'s revenue increased by 31% and profit after tax (PAT) rose by 74% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 99.10 | 92.56 | 79.03 |
| Total Income | 172.05 | 131.14 | 127.10 |
| Profit After Tax | 11.33 | 6.51 | 4.75 |
| NET Worth | 28.84 | 24.09 | 18.06 |
| Reserves and Surplus | 12.59 | ||
| Total Borrowing | 34.06 | 35.05 | 33.23 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 4.00 |
| 2 | Funding the Working Capital requirement | 14.00 |
| 3 | General Corporate Purposes | 6.55 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 42.83% |
| ROCE | 28.62% |
| Debt/Equity | 1.60 |
| RoNW | 42.83% |
| PAT Margin | 6.63% |
| EBITDA Margin | 15.01% |
| Price to Book Value | 2.65 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.98 | 5.14 |
| P/E (x) | 6.74 | 9.14 |
| Promoter Holding | 91.97% | 67.76% |
| Market Cap | ₹103.64 Cr. |
The Mayasheel Ventures IPO is subscribed 232.73 times on June 24, 2025 6:19:59 PM (Day 3). The public issue subscribed 102.63 times in the retail category, 98.14 times in the QIB category, and 715.75 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 98.14 | 11,04,000 | 10,83,42,000 | 43 |
| NII* | 715.75 | 8,28,000 | 59,26,44,000 | 5,766 |
| Retail | 102.63 | 19,32,000 | 19,82,85,000 | 66,095 |
| Total | 232.73 | 38,64,000 | 89,92,71,000 | 71,904 |
Total Application : 71,904
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead manager(s) fees including underwriting commission. | 1.00 |
| 2 | Brokerage, selling commission and upload fees. | 0.20 |
| 3 | Registrars to the issue | 0.04 |
| 4 | Legal Advisors | 0.04 |
| 5 | Printing, advertising and marketing expenses | 0.25 |
| 6 | Regulators including stock exchanges | 0.15 |
| 7 | Others, if any (Peer Review Auditors, and other misc. expenses) | 1.05 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹47.00 |
| Open | ₹58.00 |
| Low | ₹58.00 |
| High | ₹60.90 |
| Last Trade | ₹60.90 |
Lead Manager Reports
Mayasheel Ventures IPO is a SME IPO of 58,05,000 equity shares of the face value of ₹10 aggregating up to ₹27 Crores. The issue is priced at ₹47 per share. The minimum order quantity is 3000.
The IPO opens on Fri, Jun 20, 2025, and closes on Tue, Jun 24, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Mayasheel Ventures IPO using UPI as a payment gateway. Zerodha customers can apply in Mayasheel Ventures IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Mayasheel Ventures IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Mayasheel Ventures IPO opens on Fri, Jun 20, 2025 and closes on Tue, Jun 24, 2025.
Mayasheel Ventures IPO lot size is 3000, and the minimum amount required for application is ₹1,41,000.
You can apply in Mayasheel Ventures IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Mayasheel Ventures IPO will be done on Wednesday, June 25, 2025, and the allotted shares will be credited to your demat account by Thu, Jun 26, 2025. Check the Mayasheel Ventures IPO allotment status.
The Mayasheel Ventures IPO listing date is on Fri, Jun 27, 2025.
