Mayasheel Ventures IPO Subscribed over 5.30x on Day 2

Mayasheel Ventures IPO subscribed over 5.30x on its second day of subscription, wherein QIB subscribed 7.00x, NII subscribed 1.73x, and RII subscribed 5.85x.

Mayasheel Ventures IPO subscription started on June 20, 2025, and will close on June 24, 2025, as per the schedule. The price band is set at ₹44 to ₹47 per share with a face value of ₹10.  

Mayasheel Ventures IPO Subscription Status

Mayasheel Ventures IPO subscribed over 5.30x on its second day till 5.00 PM on 23 June 2025.

  • Mayasheel Ventures IPO subscription QIB investors portion is 7.00 times, while NII subscribed 1.73 times and RII investors subscribed 5.85 times. 
  • The company has received bids for 2,04,66,000 shares against 38,64,000 shares on offer on the second day of subscription. 
  • Mayasheel Ventures IPO subscribed over 5.30x on its second day. 
  • Mayasheel Ventures IPO subscribed over 2.78x on its First day.

About Mayasheel Ventures Company

Mayasheel Ventures is one of the leading companies for the construction of roads and highways for the National Highways and Infrastructure Development Corporation (NHIDCL) and various government departments. The company works on projects that include making, changing, improving, designing, setting up, and rebuilding complex and high-cost structures like expressways, national highways, flyovers, and bridges. Their aim is to build roads that help the economy grow and make it easier for communities to stay connected. In EPC projects, they are responsible for all activities from design, procurement of materials, construction, and handover of the project. The company follows a Business-to-Government (B2G) model, mainly working with government departments, and earns most of its income through government contracts and tenders. They are also dedicated to building efficient and durable highways that improve regional and national connectivity.

Mayasheel Ventures Financial Report

The company reported revenue of ₹122.04 crores in 2025 against ₹118.72 crore in 2024. The company reported profit of ₹11.70 crores in 2025 against profit of ₹7.84 crores in 2024. 

Mayasheel Ventures IPO GMP: 

Mayasheel Ventures IPO GMP was ₹6 as of Monday, June 23, 2025. That indicates the IPO is trading at ₹53 with a ₹6 premium in the grey market against the issue price of ₹ ₹47.

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