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Mahendra Realtors & Infrastructure Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹85
Per Share
GMP
NIL
Grey Market
Est. Listing
₹85
Expected Price
Min. Application
₹272,000
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹85 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size58,17,600 shares (aggregating up to ₹49.45 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 12 Aug 2025
Subscription CloseThu, 14 Aug 2025
Anchor AllotmentMon, 11 Aug 2025
Basis of AllotmentMon, 18 Aug 2025
Initiation of RefundsTue, 19 Aug 2025
Credit of Shares to DematTue, 19 Aug 2025
Listing DateWed, 20 Aug 2025
UPI Mandate Deadline2025-08-14
Application & Investment Details
Retail — Min (2 Lots)₹2,72,000 — 3200 shares
Retail — Max (13 Lots)₹1,768,000 (13 Lots)
HNI — Min (3 Lots)₹4,08,000 — 4800 shares
EPS (Pre-IPO)₹8.55
EPS (Post-IPO)₹6.73
P/E Ratio (Pre-IPO)9.94x
P/E Ratio (Post-IPO)12.64x
Net Offer to Public55,26,400 shares (aggregating up to ₹46.97 Cr)
Reserved for Market Maker2,91,200 shares (aggregating up to ₹2.48 Cr)
Pre-IPO Promoter Holding1,73,77,500 shares
Post-IPO Promoter Holding2,21,03,900 shares
Fresh Issue Shares44,35,200 shares (aggregating up to ₹37.70 Cr)
Offer for Sale Shares10,91,200 shares of ₹10 (aggregating up to ₹9.28 Cr)
About Mahendra Realtors & Infrastructure Ltd.

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 StrengthEstablished 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.

Objects of the Issue

Mahendra Realtors & Infrastructure Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Working Capital Requirement
30.40
2
2 General Corporate Purposes
5.36
3
3 Issue Expenses
4.42
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,73,77,500 shares
Post-IPO Promoter Holding 2,21,03,900 shares
Check AllotmentCheck Status →
Mahendra Realtors & Infrastructure Ltd. — Live Price LIVE
₹85.00
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Issue ₹85.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹85
GMPNIL
Est. Listing₹85
Lot Size1,600 shares
Min Amount₹272,000
Listing Date20 Aug 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹85
Listing Date20 Aug 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 291,200 ₹2.48 Cr
TOTAL 5,817,600 100.00% ₹49.45 Cr
* Based on ₹85.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹85.00
Per Share
Min Investment
₹136,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹136,000
Retail (Max) 13 20,800 ₹1,768,000
sNII (Min) 14 22,400 ₹1,904,000
bNII (Min) 68 108,800 ₹9,248,000
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 128.69 105.11 66.07
EBITDA 21.90 17.00 9.04
Profit After Tax (PAT) 14.87 11.58 4.04
Net Worth 70.89 56.02 44.44
Total Assets 137.54 93.01 98.21
Reserves & Surplus 53.51 38.65 43.20
Total Borrowings 27.81 16.13 43.64
Key Ratios & Valuation
Issue Price ₹85
Face Value ₹10 Per Share
P/BV 2.08
RoE 23.43%
RoCE 30.56 %
RoNW 23.43%
PAT Margin (%) 11.91%
EBITDA Margin (%) 17.55%
Debt / Equity 0.22
Company Details
Company
Mahendra Realtors & Infrastructure Ltd.
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
603, Quantum Tower, Ram Baug, Opp Dal Mill Off S.V. Road, Malad (West) Mumbai, Maharashtra, 400064
Book Running Lead Managers
Fast Track Finsec Pvt.Ltd.
Book Running Lead Manager (BRLM)