Mayasheel Ventures IPO Launches June 20: Price Band, Lot Size, Business Profile & Other Key Facts Revealed

Mumbai, June 13, 2025: Mayasheel Ventures Limited, previously known as Mayasheel Construction, is gearing up to open its SME IPO on June 20, 2025. The offering will consist entirely of a fresh issue totalling 58,05,000 equity shares, with no component of Offer for Sale (OFS). The IPO will proceed via the book-building process and will debut on the NSE Emerge platform.

IPO Overview

*at the upper end of the price band.

About the Company

Mayasheel Ventures operates in the infrastructure space, with a strong focus on road and highway construction contracts for high-profile clients like NHIDCL, MoRTH, and state-level Public Works Departments. It also undertakes bridge, flyover, and expressway assignments.

Expanding into electrical infrastructure, the company has taken up projects involving power houses and streetlighting installations.

The company began as a partnership firm in 2008 and transitioned to a public limited company in 2024. Over the years, it has executed numerous technically demanding and high-value civil projects, building a solid track record in the sector.

Financial Highlights (FY25 – Restated)

• Operating Revenue: ₹17,100.81 lakh
• Net Profit (PAT): ₹1,133.47 lakh
• Earnings Per Share (EPS): ₹7.23
• Net Worth: ₹2,883.96 lakh
• Return on Equity (ROE): Estimated at approximately 39.3%

Valuation Insight:

At the top price band of ₹47, the stock is valued at a P/E ratio of 6.5x based on FY25 EPS of ₹7.23.

Promoters & Shareholding Pattern

The firm is promoted by Mr. Amit Garg, Ms. Meenu Garg, and Mr. Prabhat Rajpoot.

• Pre-Issue Promoter Stake: 91.41%
• Post-Issue Promoter Stake: 67.35%

Purpose of the Issue

Proceeds raised from the IPO will be allocated as follows:

• ₹400 lakh for acquiring construction machinery
• ₹1,400 lakh towards working capital requirements
• Remaining balance for general corporate use

Risk Factors to Consider

• Heavy reliance on NHIDCL and state government contracts
• Sector-focused business model with limited diversification
• High working capital needs are typical of the infrastructure sector
• No significant legal cases pending against the company or promoters

There are no confirmed grey market premium (GMP) trends reported so far.

What Lies Ahead

Mayasheel Ventures is anticipated to debut on the stock market in early July 2025. Analysts and investors are expected to keep a close eye on how the IPO is subscribed across Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and retail segments.

The IPO bidding will begin on June 20 — keep watching for live updates on subscription status.

REF: https://www.nseindia.com/market-data/issue-information?symbol=MAYASHEEL&series=SME&type=Forthcoming

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