Allotment

Mayasheel Ventures Limited launched a book-built IPO to raise ₹27.28 crore through a fresh issue of 0.58 crore shares. The IPO was open for bidding from June 20 to June 24, 2025, with allotment finalized on June 25, 2025. The shares were subsequently listed on the NSE SME platform on June 27, 2025.
The IPO price band was set at ₹47 per share, with a lot size of 3,000 shares per application. Retail investors were required to invest a minimum of ₹1,32,000 for one lot, while High Net Worth Investors (HNI) needed to apply for a minimum of 2 lots (6,000 shares), totaling ₹2,82,000.
Key Participants
Book Running Lead Manager: Narnolia Financial Services Ltd.
Registrar: Maashitla Securities Pvt. Ltd.
Market Maker: Prabhat Financial Services Ltd.
This IPO provided investors an opportunity to participate in the growth of Mayasheel Ventures Limited, a company with strong operational capabilities and a growing presence in its industry.
₹470%
Open
HIgh - Low
Previous Close
Total Traded Value
52 Weeks High
52 Weeks Low
Updates On
IPO. Open
IPO. Close
IPO. Price
IPO Market price
| IPO Date | 27 Jun |
| IPO Listing Date | 27 Jun |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹47.00 |
| IPO Issue Size | 58,05,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 1,62,45,000 shares |
| IPO Open Date | 20 Jun |
| IPO Close Date | 24 Jun |
| IPO Allotment (Tentative) | 25 Jun |
| Refunds | 26 Jun |
| Credit to Demat Account | 26 Jun |
| IPO Listing Date | 27 Jun |
| Category | Offer |
|---|---|
| QIB Shares Offered | 27,54,000 Shares |
| NII (HNI) Shares Offered | 8,28,000 Shares |
| Retail Shares Offered | 19,32,000 Shares |
Investors can bid for a minimum of 3,000 shares, with additional bids in multiples of 3,000 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,41,000 |
| Retail (Max) | 1 | 3,000 | ₹1,41,000 |
| S-HNI (Min) | 2 | 6,000 | ₹2,82,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Incorporated in May 2008, Mayasheel Ventures Limited is engaged in the construction of roads and highways for NHIDCL and other government departments. The company undertakes large-scale infrastructure projects, including expressways, highways, flyovers, and bridges, and executes them on both EPC (Engineering, Procurement, and Construction) and BOQ (Bill of Quantity) bases.
Products & Services
In addition to civil construction, the company also provides electrical works, including the construction of power houses, installation of streetlights, and development of transmission lines. Its services span multiple sectors, primarily serving government departments, with most revenue generated through tender-based projects.
Business Segments
Construction Works: Road and highway construction, bridges and flyovers, road drainage, and sewerage systems
Electrical Works: Power houses, transmission lines, streetlights, and single-phase electronic energy meters
Operations & Workforce
As of March 31, 2025, the company employed 294 employees, supported by a team with strong expertise in construction and civil engineering.
Competitive Strengths
Experienced management team with expertise in construction and civil engineering
Commitment to high-quality work that meets client standards
Strong order book for roads, highways, and bridges
Robust project management and execution capabilities
| Assets | 99.1 | 92.56 | 79.03 |
| Total Income | 172.05 | 131.14 | 127.1 |
| Profit After Tax | 11.33 | 6.51 | 4.75 |
| EBITDA | - | - | - |
| NET Worth | 28.84 | 24.09 | 18.06 |
| Reserves and Surplus | 12.59 | - | - |
| Total Borrowing | 34.06 | 35.05 | 33.23 |
| ROE | 42.83% |
| ROCE | 28.62% |
| Debt/Equity | 1.6 |
| RoNW | 42.83% |
| PAT Margin | 6.63% |
| EBITDA Margin | 15.01% |
| Price to Book Value | 2.65 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 4 |
| 2 | To meet out the expenses of Working Capital Requirement | 14 |
| 3 | To meet out the General Corporate Purposes; | 6.55 |
| 4 | Offer for Sale (OFS) | - |
Mayasheel Ventures Ltd. Address
IIIrd B-2,
Flat No.8, IInd
Nehru Nagar
Ghaziabad, Uttar Pradesh, 201001
0120-4265140
cs@mayasheelventures.com
https://www.mayasheelventures.com/
IPO Registrar
Maashitla Securities Pvt.Ltd.
+91-11-45121795-96
ipo@maashitla.com
https://maashitla.com/allotment-status/public-issues