Mayasheel Ventures IPO Subscribed 2.39 Times on Day 1; Retail Portion Fully Booked
By Ankur Chandra | Published at: Jun 20, 2025 10:20 PM IST

New Delhi, June 20, 2025 — The Mayasheel Ventures Limited IPO witnessed a strong start on its opening day, receiving bids for 99.21 lakh shares against the issue size of 41.55 lakh shares, marking a subscription of 2.39 times.
Category-Wise Subscription Status (As of 15:40 hrs)
| Category | No. of Shares Bid For | Subscription |
|---|---|---|
| Qualified Institutional Buyers | 77,28,000 | ~7.45x* |
| Non-Institutional Investors | 2,82,000 | ~0.26x |
| Retail Individual Investors | 19,11,000 | ~1.07x |
| Total | 99,21,000 | 2.39x |
*Based on rough allocation estimate; official QIB quota details not separately disclosed.
Cut-off Demand:
Retail investors showed healthy interest, with 12.33 lakh shares bid at cut-off, indicating demand resilience even at the higher end of the price band (₹44–₹47).
IPO Overview
| Detail | Info |
|---|---|
| Issue Size | 58.05 lakh shares (₹27.28 Cr) |
| Market Maker Quota | 2.91 lakh shares |
| Net Issue | 55.14 lakh shares |
| Price Band | ₹44 – ₹47 |
| Bidding Period | June 20 – June 24, 2025 |
| Lot Size | 3,000 shares |
| Listing Exchange | NSE Emerge |
Key Highlights:
- QIBs led the charge with large bids totaling over 77 lakh shares.
- Retail segment crossed full subscription on day one.
- NII segment remains muted but could pick up closer to closing day.
The IPO will remain open for subscription until June 24, and allotment is expected shortly after closure.
Stay tuned for daily updates on subscription trends and category-wise bidding.
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