The Mahamaya Lifesciences IPO minimum market lot is 2,400 shares with ₹2,73,600 application amount. The Mahamaya Lifesciences IPO is a SME IPO, and it is to be listed on BSE SME.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Mahamaya Lifesciences IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.65 | 1.19 |
| NII | 0.35 | 0.27 | 3.63 |
| RII | 0.07 | 0.20 | 1.02 |
| Total | 0.11 | 0.34 | 1.63 |
Mahamaya Lifesciences IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Mahamaya Lifesciences IPO Review
- May Apply for long term
Mahamaya Lifesciences IPO Form
How to apply for the Mahamaya Lifesciences IPO? You can apply for Mahamaya Lifesciences IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mahamaya Lifesciences IPO in the Invest section. The other option is you can apply for Mahamaya Lifesciences IPO via IPO forms downloaded online. Check out the mahamaya-lifesciences forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
