
Real Estate & Construction · NSE
Incorporated in June 2007, the company is engaged in a wide range of construction and restoration activities, including structural repairs, rehabilitation, retrofitting, waterproofing, corporate interiors, BOT projects, and infrastructure maintenance. It has completed over 200 projects for more than 50 clients, maintaining a strong track record of timely delivery. Notable clients include government and public sector bodies such as CIDCO, IIT Bombay, Airport Authority of India, SVP Hospital, and VVIP Circuit House in Pune, with specialized repair work certified by IIT Bombay using advanced techniques like steel jacketing and polymer-modified mortar. The company currently has ongoing projects across several states, including Andhra Pradesh, Delhi, Goa, Gujarat, Maharashtra, and Tamil Nadu, and as of September 30, 2024, employs 74 people.
Price Band
₹75 – ₹85
Issue Size
₹49.45 Cr
Lot Size
1600 shares
GMP
-11.8%
Est. Listing
₹75
at current GMP
Subscribed
26.53x
overall
Open
12 Aug 2025
Close
14 Aug 2025
Allotment
18 Aug 2025
Refund
19 Aug 2025
Demat Credit
20 Aug 2025
Listing
20 Aug 2025
Designated Registrar: Link Intime India Private Limited
Allotment Date
18 Aug 2025
Basis finalization
Refunds Initiate
19 Aug 2025
Mandate release
Demat Credit
20 Aug 2025
Shares in demat
Listing Debut
20 Aug 2025
Trading begins
Mahendra Realtors & Infrastructure Limited is bringing an initial public offering (IPO) in the Real Estate & Construction sector with an aggregate issue size of ₹49.45 Crores. The shares are offered at a price band of ₹75 to ₹85 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,36,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-08-20, while un-allotted funds or UPI block mandates will be released on 2025-08-19.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.