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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Mahendra Realtors & Infrastructure Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹85
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,36,000
Issue Size
₹49.45 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
50%
QIB Quota
1.01%
NII Quota
48.99%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
73.68%
Issue Type
Book Building - SME
ISIN
INE632Q01018
Our Company is engaged in providing a wide variety of services including but not limited to Structural Repairs, Rehabilitation, Retrofitting, Water Proofing, Corporate Interior, Build-Operate-Transfer (BOT) Projects, Maintenance, Construction, Infrastructure Restoration etc.
India's high growth imperative in 2023 and beyond will significantly be driven by major strides in key sectors with infrastructure development being a critical force aiding the progress. Infrastructure is a key enabler in helping India become a US $26 trillion economy. Investments in building and upgrading physical infrastructure, especially in synergy with the ease of doing business initiatives, remain pivotal to increase efficiency and costs. Prime Minister Mr. Narendra Modi also recently reiterated that infrastructure is a crucial pillar to ensure good governance across sectors. The Indian government has introduced various formats in order to attract private investments, especially in roads and highways, airports, industrial parks and higher education and skill development sectors. Private Equity-Venture Capital firms invested US$ 3.5 billion (across 71 deals) in Indian companies in May 2023.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of up to 58,17,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an issue price of Rs. 85 per equity share (including a share premium of Rs. 75 per equity share) for cash, aggregating up to Rs. 49.45 crores ("Public Issue"), comprising a fresh issue of up to 47,26,400 equity shares aggregating to Rs. 40.17/- crores by the company ("Fresh Issue") and an offer for sale of up to 10,91,200 equity shares comprising of upto 5,45,600 equity shares by Hemanshu Shah and upto 5,45,600 equity shares by Bhavesh Mahendrakumar Shah ("the promoter selling shareholders' or "the selling shareholder") aggregating to Rs. 9.28/- crores ("offer for sale"). out of which 2,91,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 2.48 per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. issue of 55,26,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 46.97 per equity share for cash, aggregating upto Rs. [*] crores is hereinafter referred to as the "net issue". the public issue and net issue will constitute 26.32% and 25.00% respectively of the post- issue paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Mahendra Realtors & Infrastructure Limited (the "Issuer" or the "Company") was incorporated on June 8, 2007 as `Mahendra Realtors & Infrastructure Private Limited', as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by Registrar of Companies, Mumbai. Subsequently, the name of our company was changed to "Mahendra Realtors & Infrastructure Limited" pursuant to a shareholders' resolution passed at an Extra-Ordinary General Meeting held on June 13, 2014, and a fresh certificate of incorporation dated August 25, 2014 was issued by Registrar of Companies, Mumbai bearing corporate identification number U70102MH2007PLC171445. However, the name of our company was changed to "Mahendra Realtors & Infrastructure Private Limited" pursuant to a shareholders' resolution passed at an Extra-Ordinary General Meeting held on August 26, 2014, and a fresh certificate of incorporation dated November 03, 2014 was issued by Registrar of Companies, Mumbai bearing corporate identification number U70102MH2007PTC171445. Subsequently, the name of our company was changed to "Mahendra Realtors & Infrastructure Limited" pursuant to a shareholders' resolution passed at an Extra-Ordinary General Meeting held on April 3, 2024, and a fresh certificate of incorporation dated July 15, 2024 was issued by Registrar of Companies, Mumbai bearing corporate identification number U70102MH2007PLC171445.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.