Mahamaya Lifesciences IPO Subscribed 1.63x on Day 3

Mahamaya Lifesciences IPO subscription started on Tuesday, November 11, 2025, and will close on November 13, 2025, as per the schedule. The price band is set at ₹108 to ₹114 per share with a face value of ₹10.

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Mahamaya Lifesciences IPO Subscription Status

Mahamaya Lifesciences IPO subscribed over 1.63x on its Last day till 05.00 PM on 13th November 2025.

  • Mahamaya Lifesciences IPO subscription QIB investors portion is 1.19x times, while NII subscribed 3.63x times, and RII investors subscribed 1.02x times.
  • The company has received bids for 67,14,000 shares against 41,17,200 shares on offer on the Last day. 
  • Mahamaya Lifesciences IPO subscribed over 0.34x times on day 2.
  • Mahamaya Lifesciences IPO subscribed over 0.11x times on day 1. 

About the Mahamaya Lifesciences IPO

Mahamaya Lifesciences Limited, founded in 2002, is one of the leading companies that focuses on the manufacturing of pesticide formulations and supplies bulk formulations. By working with the Central Insecticides Board and Registration Committee (CIBRC), the company started its business with the import and registration of major pesticide molecules that were not produced in India. After successful registration, they decided to market these molecules as technical products to both Indian agrochemical companies as well as multinational corporations (MNCs). 

Since its incorporation in 2002, the company has grown significantly by setting up its own manufacturing plant in December 2021 at Dahej, Gujarat. Its product has reached various states like Punjab, Haryana, Rajasthan, Uttar Pradesh, Gujarat, Maharashtra, Andhra Pradesh, and Telangana in India, while internationally they export their products to Turkey, Egypt, and the UAE.

Mahamaya Lifesciences IPO Company Financial Report

The company reported revenue of ₹267.17 crores in 2025 against ₹162.83 crores in 2024. The company reported a profit of ₹12.94 crores in 2025 against a profit of ₹5.22 crores in 2024. 

Mahamaya Lifesciences IPO GMP

Mahamaya Lifesciences IPO GMP was ₹0 as of Thursday, 13th November. That indicates the IPO is trading at ₹114 with a ₹0 premium in the grey market against the issue price of ₹114.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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