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Mayasheel Ventures IPO
Price Band
₹44.0–47.0
Issue Size
₹27.28 Cr
Lot Size
3,000 shares
Min Investment
₹141,000
GMP
+₹13.0 (27.66%)
Issue Price
₹47.0
Subject to Sauda
₹29600
Paid only if allotted
Mayasheel Ventures IPO AI Summary
- Mayasheel Ventures IPO is listed on NSE SME in the Civil Construction sector.
- Price band: ₹44.0–₹47.0 per share, lot size 3,000 shares (min. investment ₹141,000).
- Subscription window: 20 Jun–24 Jun 2025, listing on 27 Jun 2025.
- Current GMP is +₹13.0 (27.66%), an estimated listing price of ₹60 — unofficial and can change daily.
Mayasheel Ventures Limited is entering the market with a focus on civil construction projects, showcasing strong revenue and profit growth. The IPO aims to raise ₹27.28 Cr to fund capital expenditures and working capital, with a competitive P/E ratio compared to peers.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Mayasheel Ventures IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 24 Jun 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Mayasheel Ventures IPO Grey Market Premium (GMP) Today
GMP
+₹13.0
GMP %
+27.66%
Est. Listing
₹60.0
Updated: 25 Jul 2026 14:14
About the Company
Incorporated in May 2008, Mayasheel Ventures Limited constructs roads and highways for NHIDCL and other government departments. The company engages in constructing, altering, and developing complex projects like expressways, highways, flyovers, and bridges. The company undertakes projects on an EPC (Engineering, Procurement, and Construction) and BOQ (Bill of Quantity) basis. The company has engaged in electrical works, including constructing power houses, installing streetlights, and developing transmission lines. The company serves government departments, mainly generating revenue from tenders. Business Segments: Construction Works:Road Construction, Highways Construction, Bridges and Flyovers Construction, Road Drain & Sewerage system Construction. Electrical Works:Electrical Power Houses, Transmission Line, Streetlights, Single Phase Electronic energy meter. As of March 31, 2025, the Company has 294 employees on the payroll. Competitive Strength: The management team is qualified and experienced in construction and civil engineering. The Company is committed to product quality and meets client standards for optimal results. Strong Order Book of Roads, Highways and Bridges. Strong project management and execution capabilities.
Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 99.10 | 92.56 | 79.03 |
| Total Income | 172.05 | 131.14 | 127.10 |
| Profit After Tax | 11.33 | 6.51 | 4.75 |
| NET Worth | 28.84 | 24.09 | 18.06 |
| Reserves and Surplus | 12.59 | ||
| Total Borrowing | 34.06 | 35.05 | 33.23 |
Key Ratios
EPS
₹6.98
NAV
₹17.73
ROE
42.83%
ROCE
28.62%
RoNW
42.83%
P/B Value
2.65
P/E Ratio
6.74
Market Cap
₹103.64 Cr
PAT Margin
6.63%
Debt/Equity
1.60
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Avp Infracon Limited | 50.51 | 30.19% | 12.32 | 13.25 | 13.25 |
| Rachana Infrastructure Limited | 50.58 | 0.32% | 210.94 | 0.16 | 0.16 |
| Mayasheel Ventures Limited This IPO | 17.75 | 42.83% | 6.74 | 7.23 | 7.23 |
Promoters
Amit Garg, Meenu Garg and Prabhat Rajpoot
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure requirements for the purchase of equipment/machineries 4.00 2 Funding the working capital requirements of the Company 14.00 3 General Corporate Purposes 6.55 4 Issue expenses 2.73 Total 27.28
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹127.10 Cr in the year ended 31 Mar 2023, increasing to ₹131.14 Cr by 31 Mar 2024, and further rising to ₹172.05 Cr by 31 Mar 2025. This indicates a positive trend in revenue growth over the reported periods.
Profit Trend
Profit After Tax was ₹4.75 Cr in the year ended 31 Mar 2023, which grew to ₹6.51 Cr by 31 Mar 2024, and reached ₹11.33 Cr by 31 Mar 2025. This shows a consistent increase in profitability across the periods.
Valuation
Mayasheel Ventures Limited has an implied P/E of 6.74 at the issue price, compared to peer companies trading at P/E ratios ranging from 12.32 to 210.94.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an indicator of the expected listing price of an IPO, based on unofficial trading in the shares before they are listed on the stock exchange. A positive GMP suggests that the shares may list at a higher price than the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall portfolio strategy and risk tolerance. It's important to consider the company's fundamentals and market conditions.
Who May Want to Wait
Investors who prefer stable returns and are risk-averse may want to avoid IPOs, as they can be subject to significant price fluctuations on listing day and in the initial trading period.
IPO Timeline, Explained
The IPO opens on June 20, 2025, and closes on June 24, 2025. Allotment of shares will be on June 25, 2025, and the shares are expected to be listed on the stock exchange on June 27, 2025.
Listing Gains — The Risk
Listing gains are the profits made when an IPO shares list at a higher price than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the shares.
This evaluation is generated from Mayasheel Ventures's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Mayasheel Ventures IPO GMP today?
Mayasheel Ventures IPO GMP today is +₹13.0 (27.66%), indicating an estimated listing price of ₹60. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Mayasheel Ventures IPO?
The price band of Mayasheel Ventures IPO is ₹44.0–₹47.0 per share.
When does Mayasheel Ventures IPO open and close?
Mayasheel Ventures IPO opens on 20 June 2025 and closes on 24 June 2025.
When does Mayasheel Ventures IPO list on the stock exchange?
Mayasheel Ventures IPO listed on 27 June 2025 at ₹60.0.
What is the lot size for Mayasheel Ventures IPO?
The lot size for Mayasheel Ventures IPO is 3000 shares, requiring a minimum investment of ₹141,000.
What is the price band for the IPO?
The price band for the IPO is ₹44.0 to ₹47.0.
What is the minimum investment required?
The minimum investment required is ₹141,000.
What is the lot size for the IPO?
The lot size for the IPO is 3000 shares.
When is the listing date for the shares?
The shares are expected to be listed on June 27, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
20 Jun 2025
Close
24 Jun 2025
Allotment
25 Jun 2025
Listing
27 Jun 2025
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