Mahamaya Lifesciences Limited IPO

Mahamaya Lifesciences Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹108 - ₹114

Total Issue

₹70.44 Cr

Bid Dates

11 Nov - 13 Nov

Subscription

1.59x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Mahamaya is specializes in manufacturing pesticide formulations and supplying bulk formulations to both Indian agrochemical companies and multinational corporations. It initially focused on importing and registering key pesticide technical molecules that were not produced in India. After conducting extensive product research, the company obtained registrations from the Central Insecticides Board and Registration Committee (CIBRC) under the Department of Agriculture, Government of India. Following successful approvals, it introduced these molecules to the market as technical products and value-added end-use formulations, serving domestic manufacturers as well as global agrochemical brands.

Lot Info

Lot Information for Mahamaya Lifesciences IPO
Category Lots Shares Amount
Individual (Min) 2 4,800 ₹5,47,200
Individual (Max) 2 4,800 ₹5,47,200
S-HNI (Min) 3 7,200 ₹8,20,800
S-HNI (Max) 3 7,200 ₹8,20,800
B-HNI (Min) 4 9,600 ₹10,94,400
Market Maker
309600 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹70.44 Cr
Fresh Issue
₹64.28 Cr (0.56 Cr Shares)
Offer For Sale
₹6.16 Cr (0.05 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹114
Est. Gain 0.00%

Mahamaya Lifesciences IPO Peer Comparison

(Rs. in crores)

Mahamaya Lifesciences IPO Peer Comparison Table
Particulars Mahamaya Lifesciences Ltd. Nova Agritech Ltd. Bhagiradha Ltd.
Total Income (in Crs.) 267.17 296.60 449.75
PAT (In Crs.) 12.94 27.42 13.86
EPS - Basic 7.60 3.05 1.14
NAV per share 27.82 23.76 52.61
RONW 26.19% 12.47% 2.03%
EBITDA 9.22% 15.17% 9.84%
PAT Margin 4.84% 9.25% 3.08%
Price to earning (PE) 15.00 16.93 247.63
  • All the information pertains to FY 2024-25
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of 20 August for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Mahamaya Lifesciences IPO
Particulars Jun-25 Mar-25 Mar-24 Mar-23
Revenue from Operations 83.01 264.15 161.57 137.08
Profit after Tax 4.10 12.94 5.22 3.75
Net Worth 53.50 49.42 24.66 19.44
Total Borrowing 57.72 58.11 54.63 24.37
Total Assets 218.87 188.35 112.07 77.88
NAV per share (in ₹) 30.11 27.82 15.38 12.13
EPS - Basic (in ₹) 2.31 7.60 3.26 2.34

KPIs

EBITDA

9.22%

PAT

4.84%

ROE

34.94%

ROCE

23.15%

PE Ratio

15.00

PB Ratio

4.10

Mkt Cap (in Crs.)

266.82

  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

77.28%

Public

22.72%

Krishnamurthy Ganesan 30.88%
Lalitha Krishnamurthy 23.20%
Prashant Krishnamurthy 23.20%

Management

Krishnamurthy Ganesan MD
Prashant Krishnamurthy CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Lead Managers (1)

Oneview Corporate Oneview Corporate

Subscription Status

Updated as on 13 Nov 2025 | 05:00:00 PM

BSE SME Subscription Status for Mahamaya Lifesciences IPO
Category Sub (x) Offered Bids
QIB 1.19x 11,76,000 14,01,600
NII 3.63x 8,82,000 32,05,200
bHNI 5.00x 5,88,000 29,41,200
sHNI 0.90x 2,94,000 2,64,000
Individual Investor 1.02x 20,59,200 21,07,200
Total 1.63x 41,17,200 67,14,000

Frequently Asked Questions

What is Mahamaya Lifesciences IPO?
Mahamaya Lifesciences IPO is a SME IPO having an issue size of ₹70.44 Crs. Mahamaya Lifesciences IPO is priced at ₹108 - ₹114 per share. The issue opens on 11 Nov 25 and closes on 13 Nov 25.
When will Mahamaya Lifesciences IPO open?
Mahamaya Lifesciences IPO opens on 11 Nov 25 and closes on 13 Nov 25.
What is the GMP of Mahamaya Lifesciences IPO?
The estimated Grey Market Premium of Mahamaya Lifesciences IPO is ₹0 per share (0.00%).
What is the lot size of Mahamaya Lifesciences IPO?
The minimum lot size of Mahamaya Lifesciences IPO is 2400 shares & the minimum application amount is Rs. 273600.
When is the allotment of Mahamaya Lifesciences IPO?
The allotment date of Mahamaya Lifesciences IPO is 14 Nov 25.
What is the listing date of Mahamaya Lifesciences IPO?
The listing date of Mahamaya Lifesciences IPO is 18 Nov 25.
What is the subscription of Mahamaya Lifesciences IPO?
Mahamaya Lifesciences IPO is subscribed 1.59 times.
What is the price band of Mahamaya Lifesciences IPO?
Mahamaya Lifesciences IPO is priced at ₹108 - ₹114 per share.
How to check allotment status of Mahamaya Lifesciences IPO?
Click the allotment link on Mahamaya Lifesciences IPO page of IPO360.
How to apply Mahamaya Lifesciences IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Mahamaya Lifesciences IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Mahamaya Lifesciences IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Mahamaya Lifesciences IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date