Mahendra Realtors & Infrastructure Limited IPO

Mahendra Realtors & Infrastructure Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹75 - ₹85

Total Issue

₹49.45 Cr

Bid Dates

12 Aug - 14 Aug

Subscription

26.53x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Mahendra Realtors IPO provides a diverse range of services, including structural repairs, rehabilitation, retrofitting, waterproofing, corporate interiors, BOT projects, maintenance, construction, and infrastructure restoration. It has executed numerous structural repair projects for government departments and public sector organizations, such as works at Vashi and Belapur Railway Stations using advanced techniques like polymer-modified mortar, micro-concrete, injection grouting, and heat-insulated waterproofing. Notable projects include steel jacketing and fibre wrapping at Syndicate Bank, and restoration works at SBI Harbour Heights.

Lot Info

Lot Information for Mahendra Realtors IPO
Category Lots Shares Amount
Individual (Min) 2 3,200 ₹2,72,000
Individual (Max) 2 3,200 ₹2,72,000
S-HNI (Min) 3 4,800 ₹4,08,000
S-HNI (Max) 7 11,200 ₹9,52,000
B-HNI (Min) 8 12,800 ₹10,88,000
Market Maker
2,91,200

Issue Size

Total ₹49.45 Cr
Fresh Issue
₹40.17 Cr (0.47 Cr Shares)
Offer For Sale
₹9.28 Cr (0.11 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹85
Est. Gain 0.00%

Mahendra Realtors IPO Peer Comparison

(Rs. in crores)

Mahendra Realtors IPO Peer Comparison Table
Particulars Mahendra R A B INFRABUILD Maruti Infra
Revenue from Ops (in Crs.) 124.77 208.17 50.73
PAT (In Crs.) 14.87 16.12 1.93
EPS - Basic 8.55 3.36 0.21
NAV per share 40.79 20.74 14.77
RONW 23.43% 17.00% 7.00%
EBITDA 17.55% 16.58% 7.49%
PAT Margin 11.91% 7.68% 3.78%
Price to earning (PE) 9.94 53.54 66.29
  • All information pertains to FY 2024-25.Â

PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 24, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Mahendra Realtors IPO
Particulars Mar 25 Mar 24 Mar 23
Revenue from Operations 124.77 101.49 63.02
Profit after Tax 14.87 11.58 4.04
Net Worth 70.89 56.02 44.44
Total Borrowing 27.81 16.13 43.64
Total Assets 137.54 93.01 98.21
NAV per share (in ₹) 40.79 32.24 25.58
EPS - Basic (in ₹) 8.55 6.66 2.33

KPIs

EBITDA

17.55%

PAT

11.91%

ROE

23.43%

ROCE

30.56%

PE Ratio

9.94

PB Ratio

2.08

Mkt Cap (in Crs.)

187.88

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

100.00%

Public

0.00%

Hemanshu M Shah 46.36%
Bhavesh M Shah 46.72%
Others 6.92%

Management

Hemanshu Shah Managing Director
Sandeepkumar Singh CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Lead Managers (1)

Fast Track Finsec Fast Track Finsec

Subscription Status

Updated as on 14-Aug-2025 19:00:55 hrs

Category Sub (x) Offered Bids
QIB 43.57x 56,000 24,40,000
NII 27.02x 27,07,200 7,31,55,200
bHNI 30.46x 18,04,800 5,49,68,000
sHNI 20.15x 9,02,400 1,81,87,200
Individual Investor 25.60x 27,63,200 7,07,29,600
Total 26.48x 55,26,400 14,63,24,800

Frequently Asked Questions

What is Mahendra Realtors IPO?
Mahendra Realtors IPO is a SME IPO having an issue size of ₹49.45 Crs. Mahendra Realtors IPO is priced at ₹75 - ₹85 per share. The issue opens on 12 Aug 25 and closes on 14 Aug 25.
When will Mahendra Realtors IPO open?
Mahendra Realtors IPO opens on 12 Aug 25 and closes on 14 Aug 25.
What is the GMP of Mahendra Realtors IPO?
The estimated Grey Market Premium of Mahendra Realtors IPO is ₹0 per share (0.00%).
What is the lot size of Mahendra Realtors IPO?
The minimum lot size of Mahendra Realtors IPO is 1600 shares & the minimum application amount is Rs. 136000.
When is the allotment of Mahendra Realtors IPO?
The allotment date of Mahendra Realtors IPO is 18 Aug 25.
What is the listing date of Mahendra Realtors IPO?
The listing date of Mahendra Realtors IPO is 20 Aug 25.
What is the subscription of Mahendra Realtors IPO?
Mahendra Realtors IPO is subscribed 26.53 times.
What is the price band of Mahendra Realtors IPO?
Mahendra Realtors IPO is priced at ₹75 - ₹85 per share.
How to check allotment status of Mahendra Realtors IPO?
Click the allotment link on Mahendra Realtors IPO page of IPO360.
How to apply Mahendra Realtors 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 Mahendra Realtors 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 Mahendra Realtors IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Mahendra Realtors 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