Mahendra Realtors IPO Logo

Mahendra Realtors IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Aug 12 to Aug 14 2025
Price Band ₹85
Current GMP ₹68.0(-20%)
Subscription 25.15 times

IPO Details

IPO Date
August 12, 2025 to August 14, 2025
Listing Date
August 20, 2025
Face Value
₹10 per share
Issue Price
₹85 per share
Lot Size
1,600 Shares
Sale Type
Fresh Capital-cum-Offer for Sale
Total Issue Size
58,17,600 shares (aggregating up to ₹49.45 Cr)
Reserved for Market Maker
2,91,200 shares (aggregating up to ₹2.48 Cr)Rikhav Securities Ltd.
Fresh Issue (Ex Market Maker)
44,35,200 shares (aggregating up to ₹37.70 Cr)
Offer for Sale
10,91,200 shares of ₹10 (aggregating up to ₹9.28 Cr)
Net Offered to Public
55,26,400 shares (aggregating up to ₹46.97 Cr)
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Share Holding Pre Issue
1,73,77,500 shares
Share Holding Post Issue
2,21,03,900 shares

IPO Subscription Details

Market Maker
1
QIB (Ex Anchor)
43.57
Non-Institutional Buyers***
27.02
bNII (bids above ₹10L)
30.46
sNII (bids below ₹10L)
20.15
Individual Investors (IND category bidding for 2 Lots)
25.59
Total **
25.15

Day Wise Sub

DayDay 1 Aug 12, 2025
QIB (Ex Anchor)0.00
NII*0.13
NII (> ₹10L)0.17
NII (< ₹10L)0.06
Individual Investors0.24
Total0.17
DayDay 2 Aug 13, 2025
QIB (Ex Anchor)0.00
NII*0.76
NII (> ₹10L)0.86
NII (< ₹10L)0.55
Individual Investors1.63
Total1.13
DayDay 3 Aug 14, 2025
QIB (Ex Anchor)43.57
NII*27.02
NII (> ₹10L)30.46
NII (< ₹10L)20.15
Individual Investors25.59
Total25.15

Day Wise GMP

Date12-08-2025
Price85.00
GMP6(7.06%)
Estimate List Price91
Date11-08-2025
Price85.00
GMP6(7.06%)
Estimate List Price91
Date10-08-2025
Price85.00
GMP6(7.06%)
Estimate List Price91
Date09-08-2025
Price85.00
GMP6(7.06%)
Estimate List Price91
Date08-08-2025
Price85.00
GMP6(7.06%)
Estimate List Price91
Date07-08-2025
Price85.00
GMP0(0.00%)
Estimate List Price85
Date06-08-2025
Price85.00
GMP0(0.00%)
Estimate List Price85

IPO Important Dates

IPO Open Date
Tue, Aug 12, 2025
IPO Close Date
Thu, Aug 14, 2025
Tentative Allotment
Mon, Aug 18, 2025
Initiation of Refunds
Tue, Aug 19, 2025
Credit of Shares to Demat
Tue, Aug 19, 2025
Tentative Listing Date
Wed, Aug 20, 2025
Cut-off time for UPI mandate confirmation
5 PM on August 14, 2025

IPO Lot Size

ApplicationIndividual investors (Retail) (Min)
Lots2
Shares3,200
Amount₹2,72,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares3,200
Amount₹2,72,000
ApplicationS-HNI (Min)
Lots3
Shares4,800
Amount₹4,08,000
ApplicationS-HNI (Max)
Lots7
Shares11,200
Amount₹9,52,000
ApplicationB-HNI (Min)
Lots8
Shares12,800
Amount₹10,88,000

Financial Information

Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 2025137.54
31 Mar 202493.01
31 Mar 202398.21
Period EndedTotal Income
31 Mar 2025128.69
31 Mar 2024105.11
31 Mar 202366.07
Period EndedProfit After Tax
31 Mar 202514.87
31 Mar 202411.58
31 Mar 20234.04
Period EndedEBITDA
31 Mar 202521.90
31 Mar 202417.00
31 Mar 20239.04
Period EndedNet Worth
31 Mar 202570.89
31 Mar 202456.02
31 Mar 202344.44
Period EndedReserves and Surplus
31 Mar 202553.51
31 Mar 202438.65
31 Mar 202343.20
Period EndedTotal Borrowing
31 Mar 202527.81
31 Mar 202416.13
31 Mar 202343.64

Peers Comparison

Company NameMahendra Realtors and Infrastructure Limited
EPS (Basic)8.55
NAV (per share) (Rs)40.79
P/E (x)
RoNW (%)23.43
P/BV Ratio
Company NameA B Infrabuild Limited
EPS (Basic)3.36
NAV (per share) (Rs)20.74
P/E (x)53.54
RoNW (%)0.17
P/BV Ratio8.95
Company NameMaruti Infrastructure Ltd.
EPS (Basic)0.21
NAV (per share) (Rs)14.77
P/E (x)66.29
RoNW (%)0.07
P/BV Ratio0.93

IPO Reservation

Market Maker Shares Offered
2,91,200 (4.77%)
QIB Shares Offered
56,000 (0.92%)
NII (HNI) Shares Offered
27,07,200 (44.32%)
− bNII > ₹10L
18,04,800 (29.54%)
− sNII < ₹10L
9,02,400 (14.77%)
Retail Shares Offered
27,63,200 (45.23%)
Total Shares Offered
61,08,800 (100.00%)

Information about company

Incorporated in June 2007, Mahendra Realtors and Infrastructure Limited provides various services, including Structural Repairs, Rehabilitation, Retrofitting, Waterproofing, Corporate Interiors, BOT Projects, Maintenance, Construction, and Infrastructure Restoration. The company has undertaken several structural repair projects for government departments and public organizations, including CIDCO Vashi and Belapur Railway Stations, using innovative techniques like polymer-modified mortar, micro 138 concrete, and waterproofing. Structural repairs at Ghatkopar secured a Stability Certificate from IIT Bombay, involving steel jacketing, external repairs, and retrofitting. The company has also completed corporate interior projects at IIT Bombay, Airport Authority of India, VVIP Circuit House in Pune, and SVP Hospital in Ahmedabad. The company has completed 200+ projects for 50+ clients, averaging timely completion. The company's services include the following- Structural Repairs and Restoration. Waterproofing roofs, walls, and structures to prevent water penetration. Corporate Interior executes Civil, Carpentry, HVAC, Firefighting, Plumbing, Painting, Data Networking, Audiovisual, and Furniture work, enhancing commercial spaces with careful planning. Build and Operate Transfer Contractors. Maintenance of buildings, bridges, Facilities, etc. Repairs and retrofitting of infrastructure like bridges and culverts. Construction contracts from government authorities to undertake building projects. As of December 31, 2024, the company has ongoing projects in Andhra Pradesh, Delhi, Goa, Gujarat, Maharashtra and Tamil Nadu. As of September 30 2024, the company has 74 employees in various departments. Competitive Strength Established reputation contributing to the long-term success and stability of the business. Specializes in procurement, ensuring compliance, managing risks, controlling budgets, and meeting deadlines and quality standards by adhering to ISO. Building relationships in government contracts reflects unique expertise and knowledge essential for securing and executing projects. Strong relationships and connections within government agencies and with industry partners. Maintaining financial health to invest in projects, manage costs, and withstand economic fluctuations or challenges.

Objectives of IPO

The Company Mahendra Realtors IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (₹ in crores) 1 Working Capital Requirement 30.40 2 General Corporate Purposes 3 Issue Expenses

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App