Mahendra Realtors SME IPO Subscription
ListedUpdated 20 August 2025, 9:15 AM IST· NSE SME
Mahendra Realtors SME IPO subscription closed on 14 August 2025 at 25.15x overall by shares. QIB demand came in at 43.57x, NII at 27.13x, and retail at 25.60x. See Retail, SHNI, and BHNI allotment chances in the table…
Mahendra Realtors SME IPO subscription closed on 14 August 2025 at 25.15x overall by shares. QIB demand came in at 43.57x, NII at 27.13x, and retail at 25.60x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 18 August 2025. Listing date on NSE and BSE is 20 August 2025.
Mahendra Realtors SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 12 Aug 2025 | 0.00x | 0.13x | 0.24x | 0.17x |
| Day 2 - 13 Aug 2025 | 0.00x | 0.76x | 1.63x | 1.13x |
| Day 3 - 14 Aug 2025 | 43.57x | 27.01x | 25.54x | 25.12x |
Mahendra Realtors SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Mahendra Realtors SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 25.58x | 1 in 26 |
| SHNI (Rs 2L to Rs 10L) | 19.21x | 1 in 19 |
| BHNI (above Rs 10L) | 11.31x | 1 in 11 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Mahendra Realtors SME IPO Allotment Status page from 18 August 2025 for your result.
Mahendra Realtors SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 85.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 47.60 L | Rs 20.74 Cr | 43.57x |
| FII | - | Rs 19.99 Cr | - |
| DFI | - | Rs 48.96 L | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 25.84 L | - |
| NII | Rs 23.01 Cr | Rs 624.29 Cr | 27.13x |
| bNII (above Rs 10L) | Rs 15.34 Cr | Rs 469.70 Cr | 30.62x |
| Corporate | - | Rs 10.09 Cr | - |
| Individual | - | Rs 449.36 Cr | - |
| Other | - | Rs 10.25 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 7.67 Cr | Rs 154.59 Cr | 20.15x |
| Corporate | - | Rs 1.02 Cr | - |
| Individual | - | Rs 152.96 Cr | - |
| Other | - | Rs 61.20 L | - |
| IND | Rs 23.49 Cr | Rs 601.20 Cr | 25.60x |
| Total | Rs 46.97 Cr | Rs 1,246.24 Cr | 26.53x |
Mahendra Realtors SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 35 | 5 | 0.14x |
| FII | - | 1 | - |
| DFI | - | 1 | - |
| Mutual Funds | - | - | - |
| Other | - | 3 | - |
| NII | 564 | 7,866 | 13.95x |
| bNII (above Rs 10L) | 376 | 4,254 | 11.31x |
| Corporate | - | 71 | - |
| Individual | - | 4,089 | - |
| Other | - | 94 | - |
| sNII (Rs 2L to Rs 10L) | 188 | 3,612 | 19.21x |
| Corporate | - | 25 | - |
| Individual | - | 3,572 | - |
| Other | - | 15 | - |
| IND | 864 | 22,103 | 25.58x |
| Total | 1,463 | 29,974 | 20.49x |
What Do These Subscription Numbers Mean?
25.15x overall by shares means bids covered about 25 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 43.57x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (13.95x by applications). Split: SHNI 19.21x, BHNI 11.31x by applications. SHNI and BHNI allotment is by lottery.
At 25.58x subscription by applications, about 1 in 26 retail applicants may get allotment (~4% chance per application). Retail allotment is also by lottery.
Mahendra Realtors SME IPO GMP After Subscription
GMP for Mahendra Realtors SME stands at Rs 6.00 today, giving an estimated listing price of Rs 91.00 per share.
A subscription of 25.15x combined with a GMP of 7.06% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Mahendra Realtors SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Mahendra Realtors SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 12 August 2025 |
| IPO Close Date | 14 August 2025 |
| Allotment Date | 18 August 2025 |
| Refund Initiation | 19 August 2025 |
| Share Credit to Demat | 19 August 2025 |
| Listing Date | 20 August 2025 |
| Minimum Investment | Rs 2,72,000.00 |
| Lot Size | 1600 shares |
About Mahendra Realtors SME
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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Mahendra Realtors SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Mahendra Realtors SME Details
Issue size, price, financials, and company info
Mahendra Realtors SME GMP
Live grey market premium and listing estimate
Mahendra Realtors SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Mahendra Realtors SME Allotment
Allotment date, chances, and check by PAN
Mahendra Realtors SME Review
SWOT, strengths, risks, and IPO review
Mahendra Realtors SME FAQ
Common questions on dates, GMP, and allotment
Mahendra Realtors SME Registrar
Registrar website and how to check allotment
Mahendra Realtors SME Timeline
Open, close, allotment, and listing dates
Mahendra Realtors SME News
Updates, blogs, and latest IPO news
Mahendra Realtors SME IPO Subscription FAQs
What is Mahendra Realtors SME IPO subscription status today?
Mahendra Realtors SME IPO subscription closed on 14 August 2025 with overall subscription of 25.15x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 43.57x, NII 13.95x, IND 25.58x.
What is the overall subscription of Mahendra Realtors SME IPO?
Mahendra Realtors SME IPO is subscribed 25.15x overall by shares at close on 14 August 2025. QIB 43.57x, NII 13.95x, and IND 25.58x.
What is Mahendra Realtors SME IPO QIB subscription?
Mahendra Realtors SME IPO QIB (Qualified Institutional Buyers) subscription is 43.57x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Mahendra Realtors SME IPO IND subscription?
Mahendra Realtors SME IPO IND subscription is 25.58x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Mahendra Realtors SME IPO NII, SHNI, and BHNI subscription?
Mahendra Realtors SME IPO NII subscription is 13.95x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 19.21x and BHNI (above Rs 10L) at 11.31x.
What are Mahendra Realtors SME IPO retail allotment chances?
At 25.58x subscription by applications, about 1 in 26 retail applicants may get allotment (~4% chance per application). Allotment is by lottery.
What are Mahendra Realtors SME IPO SHNI allotment chances?
At 19.21x subscription by applications, about 1 in 19 SHNI applicants may get allotment (~5% chance per application). Allotment is by lottery. Share subscription was 20.15x. Allotment chances use applications, not share volume.
What are Mahendra Realtors SME IPO BHNI allotment chances?
At 11.31x subscription by applications, about 1 in 11 BHNI applicants may get allotment (~9% chance per application). Allotment is by lottery. Share subscription was 30.62x. Allotment chances use applications, not share volume.
When is Mahendra Realtors SME IPO allotment date?
Mahendra Realtors SME IPO allotment date is 18 August 2025. Check Mahendra Realtors SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Mahendra Realtors SME IPO subscription close?
Mahendra Realtors SME IPO subscription closed on 14 August 2025. No new applications are accepted after the close.
What is Mahendra Realtors SME IPO GMP today?
Mahendra Realtors SME IPO GMP is ₹6 today (+7.06% over issue price ₹85). See live GMP on the Mahendra Realtors SME IPO GMP Today page.
What is Mahendra Realtors SME IPO issue price and lot size?
Mahendra Realtors SME IPO issue price is ₹85 per share. Lot size is 1600 shares. Minimum investment is ₹2,72,000 per lot (minimum 2 lots for SME). Issue size: ₹46.97 Cr.
When is Mahendra Realtors SME IPO listing date?
Mahendra Realtors SME IPO listing date is 20 August 2025 on NSE and BSE. Allotment is on 18 August 2025.
How does subscription affect Mahendra Realtors SME IPO allotment?
In Mahendra Realtors SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 25.15x overall, competition is high.
For allotment results from 18 August 2025, visit the Mahendra Realtors SME IPO Allotment Status page. For listing day updates on 20 August 2025, download the IPOwiz App.
Sources
We match Mahendra Realtors SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.