Subscription
Last updated on 23-Jun-2025 09:48:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1104000 | 7728000 | 7 |
| NIB | 828000 | 432000 | 0.52 |
| RETAIL | 1932000 | 2859000 | 1.48 |
| Total | 3864000 | 11019000 | 2.85 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 2 |
| NIB | 43 |
| RETAIL | 953 |
| Total | 998 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 5.19 | 36.32 | 7 |
| FII | - | 0 | - |
| FI | - | 0 | - |
| IC | - | 0 | - |
| MF | - | 0 | - |
| OTH | - | 36.32 | - |
| NIB | 3.89 | 2.03 | 0.52 |
| RETAIL | 9.08 | 13.44 | 1.48 |
| Total | 18.16 | 51.79 | 2.85 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.4 | @8% ₹0.5 | @9% ₹0.6 | @10% ₹0.6 | @11% ₹0.7 | @12% ₹0.8 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0 | @8% ₹0 | @9% ₹0 | @10% ₹0 | @11% ₹0.1 | @12% ₹0.1 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 3000 | 141000 | 644 |
| HNI (2 lakh to 5 lakh) | 2 | 6000 | 282000 | 276 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| RETAIL | 33.28% | 19,32,000 |
| HNI | 14.26% | 8,28,000 |
| ANCHOR | 28.42% | 16,50,000 |
| QIB | 19.02% | 11,04,000 |
| MARKET MAKER | 5.01% | 2,91,000 |
| TOTAL | 100.00% | 58,05,000 |
Mayasheel Ventures IPO Details
| Issue Size | 58,05,000 shares (aggregating up to ₹[27.28] Cr) |
| Fresh Issue | 58,05,000 shares (aggregating up to ₹[27.28] Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,62,45,000 shares |
| Share Holding Post Issue | 2,20,50,000 shares |
| Market Maker Portion | 2,91,000 shares |
| Market Maker | Prabhat Financial Services Ltd. |
Key Performance Indicator (KPI)
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 42.83% | 30.90% | 29.57% |
| ROCE | 28.62% | 20.43% | 19.35% |
| RONW | 42.83% | 30.90% | 29.57% |
| EPS (basic) | 7.23 | 4.34 | 3.17 |
| P/E Pre IPO | 6.74 | ||
| P/E Post IPO | 9.14 |
Company Financials In Crores
| Period | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| Assets | 99.10 | 92.56 | 79.03 |
| Revenue | 172.05 | 131.14 | 127.10 |
| Profit | 11.33 | 6.51 | 4.75 |
| Net Worth | 28.84 | 24.09 | 18.06 |
| Reserves | 12.59 | 0.00 | 0.00 |
| Borrowing | 34.06 | 35.05 | 33.23 |
About Company
1. Company Background
- Incorporation: May 2008
- Core Business: Infrastructure development, primarily in road and highway construction for government agencies like NHIDCL (National Highways & Infrastructure Development Corporation Ltd.) and other public sector departments.
2. Business Segments
The company operates in two key segments:
A. Construction Works
- Road & Highway Construction
- Bridges & Flyovers
- Drainage & Sewerage Systems
B. Electrical Works
- Electrical Powerhouses
- Transmission Lines
- Streetlight Installations
- Single-Phase Electronic Energy Meters
3. Revenue Model
- Primary Source: Government tenders (NHIDCL and other departments).
- Dependence on Public Sector: High reliance on government contracts, which ensures steady cash flow but may pose risks due to bureaucratic delays.
4. Workforce & Operations
- Employees: 294 (as of March 31, 2025).
- Project Execution: Strong capabilities in managing large-scale infrastructure projects
Strength
Experienced Management: Leadership with expertise in civil engineering and construction.
Quality Commitment: Adherence to strict government standards in infrastructure development.
Strong Order Book: Robust pipeline of road, highway, and bridge projects.
Weakness
Government Dependency Risk: Heavy reliance on NHIDCL and other government projects exposes the company to policy and approval delays.
Policy Change Risk: Unfavourable shifts in central or state government policies may lead to contract termination or restructuring.
Contract Risk: Any closure or renegotiation of key contracts can significantly affect revenue and overall financial performance.
Lead Manager(s)
Address
IIIrd B-2,
Flat No.8, IInd
Nehru Nagar
Ghaziabad, Uttar Pradesh
Phone: 0120-4265140
Email: cs@mayasheelventures.com
Website: https://www.mayasheelventures.com/