Mayasheel Ventures came to market through an SME IPO that opened on 20 June 2025 and closed on 24 June 2025, and the shares listed on 27 June 2025 on NSE SME. The price band was ₹44 to ₹47 per share and one lot was 3000 shares, so the minimum application was ₹1,41,000. The issue size was ₹27.74 crore. Maashitla Securities Private Limited was the registrar to the issue, and Narnolia Financial Services Ltd was the lead manager.
| Day |
|---|
| 1 |
| 2 |
| 3 |
Incorporated in May 2008, Mayasheel Ventures Limited builds highways and roads for NHIDCL and other departments of government. The company is involved in building, modifying, and constructing intricate projects such as expressways, highways, flyovers, and bridges.
The company completes work on an EPC (Engineering, Procurement, and Construction) and BOQ (Bill of Quantity) basis.The company has worked on electrical works, such as building power houses, streetlight installation, and constructing transmission lines.The business is with government departments and the revenue comes largely through tenders. Business Segments: Construction Works:Road Construction, Highways Construction, Construction of Bridges and Flyovers, Road Drain & Sewerage system Construction. Electrical Works:Electrical Power Houses, Transmission Line, Streetlights, Single Phase Electronic energy meter.
The Company has 294 employees on the payroll as of March 31, 2025.
As described in the offer document.
| Metric | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
|---|
Mr. Amit Garg, Ms. Meenu Garg, Mr. Prabhat Rajpoot. Promoter holding 91.97% before the issue and 67.76% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Mayasheel Ventures IPO was a ₹27.74 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹44–₹47 per share with a lot size of 3,000 shares (₹1,41,000). The IPO was open from June 20 to June 24, 2025. Shares listed on NSE SME on June 27, 2025 at ₹58, a 23.4% premium to the issue price of ₹47. Maashitla Securities Private Limited is the registrar. Narnolia Financial Services Ltd is the book running lead manager.
The price band of Mayasheel Ventures IPO is ₹44 to ₹47 per share.
The lot size of Mayasheel Ventures IPO is 3000 shares.
The minimum investment for Mayasheel Ventures IPO is approximately ₹1,41,000 based on the upper price band.
The allotment date of Mayasheel Ventures IPO is Jun 25, 2025.
Mayasheel Ventures IPO's final recorded GMP before listing was ₹11 per share (a 23% premium over the ₹47 upper price band). The shares listed at ₹58. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Mayasheel Ventures IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Mayasheel Ventures IPO allotment status on Rupix for quick and easy access.
₹44 to ₹47 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 3000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,41,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,41,000, for one lot of 3000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 20 June 2025 and closed on 24 June 2025.
The basis of allotment was published on 25 June 2025 by Maashitla Securities Private Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 27 June 2025 on NSE SME.
The issue size was ₹27.74 crore.