Mahendra Realtors NSE SME

Mahendra Realtors SME: Check IPO Date, Live Subscription and Key Details

Mahendra Realtors & Infrastructure Ltd is an infrastructure company providing a wide range of services, including Structural Repairs, Rehabilitation, Retrofitting, Waterproofing, Corporate Interiors, Build-Operate-Transfer (BOT) Projects, Maintenance, Construction, and Infrastructure Restoration. The company has a strong reputation and expertise in specialized services, with a focus on civil construction and restoration. It has successfully completed 126 projects and has 67 ongoing projects as of December 31, 2024. Key projects include work for the Airport Authority of India, BPCA, New India Assurance, and Mumbai University. The company's strong connections with government agencies are a key strength, and it is known for its financial stability.

Price Range
₹75.00-85.00
Issue Size
46.97
Lot Size
1,600 shares
IPO Type
NSE SME
GMP
₹6(+7.06%)
Est. Listing Price
₹91

Key Metrics

Check Live GMP

Face Value
₹10
EPS
6.73
P/E Ratio
12.64
RoNW
23.43%
ROE
23.43%
Debt to Equity
0.22

Timeline

IPO Opens

12 Aug

IPO Closes

14 Aug

Allotment

18 Aug

Listing

20 Aug

IPO Timeline & Listing Details

EventDate
IPO Open Date12 August 2025
IPO Close Date14 August 2025
Allotment Date18 August 2025
Listing Date20 August 2025

Investment Categories

CategoryLotsAmount
Individual
2₹2,72,000
SHNI (Min)
3₹4,08,000
SHNI (Max)
7₹9,52,000
BHNIAbove ₹10,00,000
8₹10,88,000

IPO Objectives

  • Working Capital Requirement.
  • General Corporate Purposes.
  • Issue Expenses.

Strengths

  • The company has a solid reputation built on a diverse range of services, including specialized skills in niche areas like structural repairs.
  • They have strong connections with government agencies, which provides a reliable and stable source of projects.
  • The business has a lot of project experience, with 126 completed and 67 ongoing projects, showing a proven track record.
  • They've demonstrated good financial stability, with consistent revenue and profit growth, and a 28% increase in profit after tax in FY25.
  • A diversified service portfolio, from corporate interiors to waterproofing, reduces their dependence on any single type of project or client.

Weaknesses

  • The company is heavily dependent on government agencies for its business, making it vulnerable to delays in funding or changes in government policies.
  • The business is working capital intensive, meaning it needs a lot of cash to operate, and a large portion of the IPO money will go to covering these costs.
  • They are highly concentrated in just a few states like Maharashtra and Madhya Pradesh, which exposes them to regional economic risks.
  • The company operates in a very competitive and fragmented construction industry, which can lead to pressure on pricing and profit margins.
  • Their performance is tied to the cyclical nature of the construction sector, so their business could be impacted by economic downturns.

Financial Performance

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets (₹ Cr.)137.5493.0198.21
Revenue (₹ Cr.)128.69105.1166.07
PAT (₹ Cr.)14.8711.584.04
Net Worth (₹ Cr.)70.8956.0244.44

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Mahendra Realtors2.0812.6423.43%70.89
A B Infrabuild Limited9.9574.814.61%81.55
Maruti Infrastructure Ltd.5.11-197.715.73%25.07

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0x0x43.57x
NII0.13x0.76x27.01x
S-HNI0.06x0.55x20.12x
B-HNI0.17x0.86x30.46x
RII0.24x1.63x25.54x
Total0.17x1.13x25.12x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB56,00024,40,00020.74
NII27,07,2007,31,26,400621.57
Small NII9,02,4001,81,58,400154.35
Big NII18,04,8005,49,68,000467.23
RII27,63,2007,05,60,000599.76
Total58,17,60014,61,26,4001,242.07

Company Details

  • Mahendra Realtors & Infrastructure Ltd.
  • 603, Quantum Tower, Ram Baug, Opp Dal Mill Off S.V. Road, Malad (West), Mumbai, Maharashtra-400064
  • +91 9082850343
  • info@mripl.net
  • http://www.mripl.net/

Registrar Details