Mahendra Realtors & Infrastructure Ltd IPO

Mahendra Realtors & Infrastructure Ltd IPO

Construction

sme

Bidding period

12 Aug 2025 - 14 Aug 2025

Bid price

₹85.00 - ₹85.00

Listing on

NSE-SME

Listing date

20 Aug 2025

Lot size

1600 shares

Issue size

₹49.45 crore


Minimum investment

₹1,36,000.00 / 2 lot

Maximum investment

₹1,36,000.00 / 1 lot

Bidding closed on 14 Aug 2025

EXPLORE IPOs
EXPLORE IPOs

Mahendra Realtors & Infrastructure Ltd IPO dates

IPO opening date

12 Aug 2025

IPO end date

14 Aug 2025

Allotment date

18 Aug 2025

Initiation of refunds

19 Aug 2025

Credit of shares to demat

19 Aug 2025

IPO listing date

20 Aug 2025

About

Mahendra Realtors & Infrastructure Limited, incorporated in 2007, is a Mumbai-based company engaged in the construction and infrastructure development sector. Over the years, it has expanded its operations to offer a range of real estate development, civil construction, and allied infrastructure services. The company has handled residential, commercial, and mixed-use projects, catering to both private clients and government bodies. With a commitment to timely delivery and quality workmanship, it has built a solid reputation in Maharashtra’s competitive real estate market. In July 2024, the company converted from a private limited to a public limited entity, marking a significant step towards broadening its capital base. This move aligns with its growth strategy, enabling it to take on larger projects, strengthen its resources, and enhance its presence in the construction industry.

Offer details

The Mahendra Realtors & Infrastructure Limited IPO comprises a fresh issue of up to 47,26,400 equity shares and an offer for sale of up to 10,91,200 equity shares. Each share has a face value of Rs. 10. The issue will be listed on the NSE Emerge platform, with Fast Track Finsec Private Limited acting as the Book Running Lead Manager (BRLM). Link Intime India Private Limited is the registrar to the issue. The price band, issue price, and minimum bid lot are yet to be announced. Investors can participate in the IPO through the ASBA process, including UPI-based applications for retail investors.

Offer structure

Total issue size: Up to 58,17,600 equity shares of face value Rs. 10 each.

Fresh issue: Up to 47,26,400 equity shares.

Offer for sale (OFS): Up to 10,91,200 equity shares by promoters.

Investor reservation: Not more than 50% for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for Retail Individual Investors (RIIs).

Anchor investor portion: Up to 60% of the QIB allocation, with one-third reserved for domestic mutual funds.

Application mode: ASBA process, with UPI facility for retail investors.

Offer objective

To fund working capital requirements for ongoing and upcoming projects.

To support business expansion and potential capacity enhancement.

To repay or prepay certain borrowings.

To meet general corporate purposes, including technology and operational upgrades.

To gain the benefits of listing, such as enhanced visibility, brand value, and access to capital markets.

Mahendra Realtors & Infrastructure Ltd IPO financials

Particulars

For the period ending in March 2025 (in ₹ million)

Total assets ₹137.54
Total liabilities ₹137.54
Total expenditure ₹108.21
Total revenue ₹128.69
Profit after tax ₹14.87
EBITDA ₹21.90
Adjusted EBITDA ₹0.00

Mahendra Realtors & Infrastructure Ltd shareholder pattern

Pre-issue Post-issue
Promoter group 100.0 73.68
Public group 0.0 26.32

Mahendra Realtors & Infrastructure Ltd strengths and risks

Information currently unavailable

  • Experienced and Qualified Management and Employee base.

  • Strong and Consistent Financial Performance.

  • Growing customer base.

  • Scalable and reliable business model.

  • Experienced Promoters and Senior Management with extensive domain knowledge.

  • Its Top 10 customers contribute more than 50% of the revenue in the all three financial years. The loss of any one or more of the company major customers would have a material adverse effect on its business, cash flows, results of operations and financial condition. Further, the company generally do business with its customers on a Work order basis and does not enter into long-term contracts with them. Its inability to maintain relationships with its customers could have an adverse effect on the company business, prospects, results of operations and financial condition.

  • Its revenues largely depend on acceptance of the bids submitted to the Government and Government Departments. The company performance could be affected in case majority of the bids are not accepted / awarded to it or the company quote a lower bid value.

  • Its construction, interior / structural repairs & restoration/ retrofitting projects may be delayed, modified or cancelled for reasons beyond the company control which may materially and adversely affect its business, financial condition and results of operation.

  • The geographical concentration of its customer base may restrict the company operations and adversely affect its business, results of operations, and financial conditions in the future.

  • Increase in competition in the Indian real estate sector may adversely affect profitability.

  • Its top ten suppliers contribute significant part of the company purchases. Any loss of business with one or more of them may adversely affect its business operations and profitability.

  • The Company, Promoters, and Directors are not involved in certain legal and regulatory proceedings except as disclosed below. Any future litigation may have a material adverse effect on its business.

  • Its business is manpower intensive and the company is dependent on the supply and availability of a sufficient pool of contract labourers from sub-contractors at our project locations. Unavailability or shortage of such a pool of contract labour or any strikes, work stoppages, increased wage demands by workmen or changes in regulations governing contractual labour may have an adverse impact on its cash flows and results of operations.

  • The profits from our projects are difficult to predict and are not comparable at all.

  • Projects undertaken through a joint venture may be delayed on account of the performance of the joint venture partner or, in some cases, significant losses from the joint venture may have an adverse effect on its business, results of operations and financial condition.

How to check the allotment status of the Mahendra Realtors & Infrastructure Ltd IPO?

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Mahendra Realtors & Infrastructure Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

Read more Read less

Mahendra Realtors & Infrastructure Ltd IPO registrar

Link Intime India Pvt Ltd

Phone number +91 810 811 4949
E-mail ID mahendrarealtors.smeipo@in.mpms.mufg.com
Website

Mahendra Realtors & Infrastructure Ltd IPO reservation

QIB shares offered

56,000 (0.96%)

NII (HNI) shares offered

27,07,200 (46.53%)

Retail shares offered

27,63,200 (47.5%)

Anchor investor shares offered

0 (0.0%)

Total shares offered

58,17,600

Total shares with anchor investor

58,17,600

Mahendra Realtors & Infrastructure Ltd IPO lead manager

  • Fast Track Finsec Pvt Ltd

Explore other IPOs

Advance Agrolife Limited logo
Advance Agrolife Limited logo

Advance Agrolife Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Advanced SysTek Limited logo
Advanced SysTek Limited logo

Advanced SysTek Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Aggcon Equipments International Limited logo
Aggcon Equipments International Limited logo

Aggcon Equipments International Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Agilus Diagnostics Limited logo
Agilus Diagnostics Limited logo

Agilus Diagnostics Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Airox Technologies Limited logo
Airox Technologies Limited logo

Airox Technologies Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Ajay Poly Limited logo
Ajay Poly Limited logo

Ajay Poly Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Allchem Lifescience Limited logo
Allchem Lifescience Limited logo

Allchem Lifescience Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Allied Engineering Works Limited logo
Allied Engineering Works Limited logo

Allied Engineering Works Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Amagi Media Labs Limited logo
Amagi Media Labs Limited logo

Amagi Media Labs Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Amir Chand Jagadish Kumar Exports Limited logo
Amir Chand Jagadish Kumar Exports Limited logo

Amir Chand Jagadish Kumar Exports Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Anand Rathi Share AND Stock Brokers Limited logo
Anand Rathi Share AND Stock Brokers Limited logo

Anand Rathi Share AND Stock Brokers Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Annu Projects Limited logo
Annu Projects Limited logo

Annu Projects Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
AOne Steels India Limited logo
AOne Steels India Limited logo

AOne Steels India Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Ardee Engineering Limited logo
Ardee Engineering Limited logo

Ardee Engineering Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Armee Infotech Limited logo
Armee Infotech Limited logo

Armee Infotech Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Asirvad Microfinance Limited logo
Asirvad Microfinance Limited logo

Asirvad Microfinance Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Asset Reconstruction Company India Limited logo
Asset Reconstruction Company India Limited logo

Asset Reconstruction Company India Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced

How to apply for an IPO with Bajaj Broking?

adafafds
 
 
  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
  • Submit your application—and you're done!

Frequently asked questions

What is the listing date for the Mahendra Realtors & Infrastructure Ltd IPO?

The listing date for the Mahendra Realtors & Infrastructure Ltd IPO is 20 Aug 2025.

What is the issue size of Mahendra Realtors & Infrastructure Ltd IPO?

The issue size of the Mahendra Realtors & Infrastructure Ltd IPO is ₹49.45 cr.

What is the minimum lot size needed for Mahendra Realtors & Infrastructure Ltd IPO?

The minimum lot size for Mahendra Realtors & Infrastructure Ltd IPO is 1600

When does the Mahendra Realtors & Infrastructure Ltd open and close?

Mahendra Realtors & Infrastructure Ltd IPO is open from 12 Aug 2025 to 14 Aug 2025.

How can I apply for the Mahendra Realtors & Infrastructure Ltd IPO?

To apply for the Mahendra Realtors & Infrastructure Ltd, follow the steps given below:

  • Log in to your Bajaj Broking trading account and navigate to the current IPOs section.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen PO.
  • Enter the quantity and your UPI ID. You will receive a mandate notification to block funds in your UPI app.
SHOW MORE SHOW LESS

Disclaimer

*Disclaimer for Bajaj Finance Limited (‘BFL’):

Stock trading business is carried by Bajaj Financial Securities Limited ("BFSL"), a broker and Depository Participant registered with Securities Exchange Board of India and offers various products/services related to Securities market (Securities market products/services). BFL merely facilitates display of data shared by BFSL on its webpage/mobile application. Such data received from BFSL, or any of its service providers is on “as is” basis. BFL does not make any representation or warranty, express or implied, regarding accuracy, completeness of such data displayed herein.

When you opt to avail the Securities market products/services of BFSL by clicking on the BFSL weblink/mobile app, you will be redirected to BFSL's web page/mobile app for initiation and completion of the transaction. You are supposed to exercise independent diligence by reading all the related documents carefully before deciding to invest in Securities market Products/services.

BFL is a Non-Banking Financial Company carrying the business of acceptance of deposits and providing lending solutions to Retail and Corporate customers. BFL does not offer nor advice on Securities market products/services and shall not be liable or responsible for any of your investment decision."

**Disclaimer: For Bajaj Financial Securities Limited

Investments in securities market are subject to market risk, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. All leveraged intraday positions will be squared off the same day. There is no restriction on withdrawal of unutilised margin amount. Trade Recommendations are research-calls provided under the SEBI Research Analyst guidelines.
Visit https://www.bajajbroking.in/disclaimer for complete disclaimer.

Securities market Products/services are made available only at the discretion of BFSL and subject to the individual contractual terms and conditions of the respective Securities market products/services. You shall be the sole owner of any decision to invest in any BFSL's Securities market products/services.

Securities market products/services may be withdrawn or amended at any time by BFSL without notice and your recourse in such case would be directly to reach out BFSL at connect@bajajfinserv.in or 1800 833 8888.

Powered by Bajaj Financial Securities Limited (Bajaj Broking)