
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
Overall Subscription
26.53x
Total Demand
QIB Multiplier
43.57x
Institutions & Funds
NII / HNI
27.13x
High Net-Worth
Retail (RII)
25.60x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 56,000 | 2,440,000 | 43.57x |
| NIB | 2,707,200 | 73,446,400 | 27.13x |
| HNIs(10L +) | 1,804,800 | 55,259,200 | 30.62x |
| HNIs (2-10L) | 902,400 | 18,187,200 | 20.15x |
| RETAIL | 2,763,200 | 70,729,600 | 25.60x |
| Total | 8,233,600 | 220,062,400 | 26.53x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 5 | 0.00x |
| NIB | — | 7,866 | 0.00x |
| RETAIL | 863 | 22,103 | 25.61x |
| HNIs(10L +) | — | 4,254 | 0.00x |
| HNIs (2-10L) | — | 3,612 | 0.00x |
| Total Applications | 863 | 37,840 | 43.85x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Mahendra Realtors & Infrastructure Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹75 to ₹85 per equity share.
The retail lot size is 1600 shares requiring a minimum application amount of ₹1,36,000. Expected listing price is ₹75 per equity share.
The Mahendra Realtors & Infrastructure Limited IPO aggregate issue size is ₹49.45 Crores with an equity price band set at ₹75 to ₹85 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,36,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 26.53x (Retail: 25.60x, QIB: 43.57x, NII: 27.13x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-08-18. Investors can verify status using PAN card or application number.
Mahendra Realtors & Infrastructure Limited shares are scheduled to list on NSE on 2025-08-20.