Mayasheel Ventures IPO subscribed overall 232.73 times on the last day, while A retail quota subscribed 102.63 times, QIB subscribed 98.14 times, and NII quota subscribed 715.75 times respectively.
Mayasheel Ventures IPO Details
Mayasheel Ventures got approval from SEBI for the IPO of ₹27.28 crores, which is an entirely fresh issue of ₹27.28 Crores with a face value of ₹10 each share. It was subscribed beyond expectations. It has a set price band of ₹44 to ₹47 Per Share.
Mayasheel Ventures Funds Utilisations
The IPO proceeds will be utilised towards the purchase of equipment/machinery. Some funds will be utilized for the Working Capital requirement. Lastly, the remaining funds will be utilized for the company’s General Corporate Purposes.
Mayasheel Ventures Shares Distributions
Moreover, the retail category had 3,000 shares in a 1 lot size with a minimum application and a maximum.
S-HNI got 6,000 shares in 2 lot sizes.
To participate in this IPO, each investor group has a tailored investment range
- Retail Minimum Application:- ₹1,41,000
- Retail Maximum Application:-₹1,41,000
- S-Hni Application:- ₹2,82,000
Mayasheel Ventures IPO Subscription Duration
Mayasheel Ventures IPO Started on June 20, 2025, and closed on June 24, 2025. The allotment was on June 25, 2025, and non-allottees got a refund on June 26, 2025. Mayasheel Ventures IPO listing is today, June 27, 2025.
About Mayasheel Ventures IPO
Mayasheel Ventures was founded in May 2008 and is a prominent company that constructs roads and highways for NHIDCL and other government departments. From constructing, altering, and developing complex projects like expressways, highways, flyovers, to bridges, the company is involved in every process of construction. The goal of the company is to build roads that help the economy grow, making it easier for communities to stay connected. Mayasheel Ventures is also involved in electrical works that consist of constructing power houses, installing streetlights, and developing transmission lines. The company mainly works in 2 segments, including construction work that includes Road Construction, Highways Construction, Bridges and Flyovers Construction, Road Drain & Sewerage system Construction, and Electrical works that include Electrical Power Houses, Transmission Line, Streetlights, Single Phase Electronic energy meter. The company includes a total of 294 employees as of March 31, 2025.
Mayasheel Ventures IPO Financial Background
The company reported revenue of ₹122.04 crores in 2025 against ₹118.72 crores in 2024. The company reported a profit of ₹11.70 crores in 2025 against a profit of ₹7.84 crores in 2024.
