Mahendra Realtors IPO Subscribed 25.15x on Day 3

Mahendra Realtors IPO subscribed over 25.15x on its Last day of subscription, wherein QIB subscribed 0.00x, NII subscribed 27.02x, and RII subscribed 25.59x.

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Mahendra Realtors IPO subscription started on Tuesday, August 12, 2025, and will close on August 14, 2025, as per the schedule. The price band is set at ₹75 to ₹85 per share with a face value of ₹10. 

Mahendra Realtors  IPO Subscription Status

Mahendra Realtors IPO subscribed over 25.15x on its Last day till 05.00 PM on 14th August 2025.

  • Mahendra Realtors’ IPO subscription QIB investors’ portion is 0.00x times, while NII subscribed 27.02x times, and RII investors subscribed 25.59x times.
  • The company has received bids for 14,63,15,200 shares against 58,17,600 shares on offer on the Last day. 
  • Mahendra Realtors IPO subscribed over 1.12x times on day 2.
  • Mahendra Realtors IPO subscribed over 0.17x times on day 1.

About Mahendra Realtors

Mahendra Realtors and Infrastructure Limited, founded in June 2007, is a growing company offering many services such as Structural Repairs, Rehabilitation, Retrofitting, Waterproofing, Corporate Interiors, BOT Projects, Maintenance, Construction, and Infrastructure Restoration. Over the years, the company contributed to several structural repair projects for government bodies like CIDCO and railway stations at Vashi and Belapur using modern methods like polymer-modified mortar, micro concrete, and waterproofing. Its work at Ghatkopar comprises steel jacketing and retrofitting, earning a Stability Certificate from IIT Bombay. They also worked on interiors for places like IIT Bombay, Airport Authority of India, VVIP Circuit House in Pune, and SVP Hospital in Ahmedabad.

Mahendra Realtors Company Financial Report

The company reported revenue of ₹128.69 crores in 2025 against ₹105.11 crores in 2024. The company reported a profit of ₹14.87 crores in 2025 against a profit of ₹11.58 crores in 2024.

Mahendra Realtors IPO GMP

Mahendra Realtors IPO GMP was ₹8 as of Thursday, 14th August. That indicates the IPO is trading at ₹93 with a ₹8 premium in the grey market against the issue price of ₹85.

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.