Mayasheel Ventures Limited
Bookbuilding IPO · NSE
- Price band
- ₹44 - ₹47
- Lot size
- 3,000 shares
- Issue amount
- ₹27.28 cr
- Total subscription
- 232.73×
- Opens
- 20 Jun 2025
- Closes
- 24 Jun 2025
- Allotment
- 25 Jun 2025
- Listing
- 27 Jun 2025
Offer at a glance
Issue overview
- Issue size
- 58,05,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,32,000
- Fresh issue
- ₹27.28 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,41,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,62,45,000
- Shares after issue
- 2,20,50,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,41,000 |
| HNI | 2 | 6,000 | ₹2,82,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 43 |
| NIB | — | 5,766 |
| RETAIL | — | 66,095 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.19 | 509.21 |
| RETAIL | 9.08 | 931.94 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 7.23 | 4.34 | 3.17 |
| ROE | 42.83 | 30.9 | 29.57 |
| ROCE | 28.62 | 20.43 | 19.35 |
| RONW | 42.83 | 30.9 | 29.57 |
| PRE IPO(PE) | 6.74 | 0 | 0 |
| POST IPO(PE) | 9.14 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Mayasheel Ventures Limited, established in May 2008, is involved in building roads and highways for NHIDCL and various government departments. The company specializes in complex infrastructure projects such as expressways, flyovers, bridges, and highways, working primarily on EPC (Engineering, Procurement, and Construction) and BOQ (Bill of Quantity) models. In addition to construction, the company also handles electrical projects like building power houses, installing streetlights, and setting up transmission lines. Most of its revenue comes from government tenders. Its business is divided into two main areas: construction works, including roads, highways, bridges, flyovers, and drainage systems; and electrical works, covering power houses, transmission lines, streetlights, and energy meters. As of March 31, 2025, the company employs 294 people.
Strengths
- Experienced Team: Skilled professionals with strong backgrounds in construction and civil engineering.
- Quality Commitment: Focused on delivering high-quality work that meets client expectations.
- Robust Order Book: Projects include roads, highways, and bridges.
- Strong Execution: Proven ability to manage and complete projects efficiently.
Risk factors
- Dependence on Government Projects – Relies heavily on NHIDCL and similar projects, which may face delays
- Risk from Policy Changes – Changes in government rules can lead to contract cancellations or changes
- Contract-Related Risks – Ending or changing major contracts can impact revenue and business performance
Promoters
Mr. Amit Garg
Ms. Meenu Garg
Mr. Prabhat Rajpoot
Registrar & documents
Lead manager
Narnolia Financial Services Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
IIIrd B-2, Flat No.8, IInd Nehru Nagar Ghaziabad, Uttar Pradesh
0120-4265140
[email protected]Company website ↗Understanding MAYASHEEL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.