Mayasheel Ventures IPO: GMP, Overview, And Price

Mayasheel Ventures IPO- Complete Overview

Mayasheel Ventures IPO under the SME IPO category is a book build issue of Rs. 27.28 Cr by Mayasheel Ventures Limited. The company was established in May 2008. It builds roads and highways for NHIDCL, among others, Government bodies.

It undertakes the construction, modification, and development of complicated projects such as expressways, highways, flyovers, and bridges. The organization executes the projects on EPC (Engineering, Procurement and Construction) and BOQ (Bill of Quantity) mode.

The company has also undertaken some electrical works like the construction of Power Houses, fixing of street lights, and electrical transmission lines. The business subcontracts for government departments, earning money primarily in tenders.

Business Segments:

Construction Works- Road Work, Highways Work, Bridges & Flyovers work, Road Drain & Sewerage system.

Electrical Works- Electrical Power Houses, Transmission Line, Street lights, Single Phase Electronic energy meter.  

 

Mayasheel Ventures IPO Overview

The Mayasheel Ventures IPO date is on 20 June 2025, and its initial public offering will end on 24 June 2025. 

The Rs. 27.28 crore new SME IPO comprises a wholly fresh issue of 55.14 lac Shares. Mayasheel Ventures IPO price is Rs. 44 to Rs. 47 for each Share. 

The Mayasheel Ventures IPO listing date (expected) is Friday, Jun 27, 2025, and listing at the NSE and SME.

Click to open demat account and apply for the IPO.

Company Financial

(Amount in Cr)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
Total Assets	99.10	92.56	79.03
Total Revenue	172.05	131.14	127.10
PAT	11.33	6.51	4.75
Net Worth	28.84	24.09	18.06
Reserves & Surplus	12.59	-	-
Borrowings	34.06	35.05	33.23

 

 

Cash Flows

(Amount in lac)

Net Cash Flow in Multiple Activities	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	1,213.83	978.27	1,274.15
Net Cash Flow Investing Activities	(622.68)	(56.09)	442.16
Net Cash Flow Financing Activities	(855.07)	(312.70)	(1,690.02)

 

Revenue Bifurcation

Segment-wise Revenue Bifurcation

 

Geography-wise Revenue Bifurcation

(Source: RHP)

 

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Financing the necessary capital expenditures for the acquisition of machinery and equipment.

• Paying for the working capital needs.

• General corporate purposes.
  
  

Click to check the IPO application status.

Peers of Mayasheel Ventures Ltd.

Company Name	Face Value (Rs.)	EPS (Rs.)	P/E (x)
Rachana Infrastructure Limited	10	0.16	210.94
AVP Infracon Limited	10	13.25	12.32

 

 

Evaluation

The Mayasheel Ventures Limited IPO price is Rs. 44 to Rs. 47 for each Share.

Evaluation of P/E Ratio

Considering the FY ended 31 Mar 2025 with an EPS of Rs. 7.23 from the last year, the resulting P/E ratio is 6.50x.

Considering the weighted EPS of Rs. 5.59 for the last three years, the P/E ratio is 8.40x.

Explore Eppeltone Engineers IPO.

Comparative Analysis With Listed Peers

The average P/E Ratio of the industry is 111.63x.

Particulars	P/E Ratio (x)
Highest	210.94
Lowest	12.32
Average	111.63

In simple words, the P/E ratio of this IPO is 6.50x, compared with the industry’s average P/E of 111.63x, has an undervaluation (on a P/E ratio basis only). Hence, the price of the Share seems fairly priced for the investors when considered based on the average P/E ratio of the industry.

 

IPO's Strengths

• Own manufacturing capabilities.

• Established customer relationships that cross geographical borders.

• Senior Management with experience supporting the design and development team.

• Satisfied customers who have been loyal to a brand for many years.

 

IPO’s Weaknesses

• In terms of management, it is a capable team qualified in construction and civil engineering.

• Being a Company, its aim is to ensure product quality and to the provision of standards laid by clients for results.

• Strong order book in roads, highways, and bridges.

• Strong in project management and execution.

 

Mayasheel Ventures IPO GMP

Mayasheel Ventures IPO GMP is Rs. 6 as of 18 Jun 2025 while writing this information. Hence, its estimated listing price is Rs. 53.

IPO Timetable (Tentative)

The Mayasheel Enterprises IPO date of opening is from Jun 20 to Jun 24, 2025, allotment on Jun 25, refund initiation on Jun 26, and listing on Jun 27, 2025.

Events	Date
IPO Opening Date	Jun 20, 2025
IPO Closing Date	Jun 24, 2025
IPO Allotment Date	Jun 25, 2025
Refund Initiation	Jun 26, 2025
IPO Listing Date	Jun 27, 2025

 

Mayasheel Ventures IPO Details 

The IPO with a Face Value of Rs. 10 per share offers a total issue size of 58,05,000 Shares (Rs. 27.28 Cr).

IPO Opening & Closing Date	20 Jun, 2025 to 24 Jun, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 44 to Rs. 47 per Share.
Lot Size	3000 Shares
Issue Size	58,05,000 Shares (Rs. 27.28 Cr)
Offer for Sale	-
Fresh Issue	58,05,000 Shares (Rs. 27.28 Cr)
Listing at	NSE, SME
Issue Type	Book building Issue
Registrar	Maashitla Securities Private Limited

 

 

IPO Lot Details 

The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (3000 Shares) amounting to Rs. 1,41,000 and in multiples thereof, while for HNI investors, the minimum Lot is 2 (6000 Shares) amounting to Rs. 2,82,000.

Minimum Lot Investment (Retail)	1 Lot
Maximum Lot Investment (Retail)	1 Lot
HNI (Min)	2 Lots

 

IPO Reservation (% of Net Issue)

Institutional’s Portion	47.44%
Retail’s Portion	33.28%
Non-Institutional’s Portion	14.26%

 

Promoters And Management of Mayasheel Ventures Ltd.

• Mr. Amit Garg

• Ms. Meenu Garg

• Mr. Prabhat Rajpoot.

Pre-Issue Promoter Shareholding	91.97%
Post-Issue Promoter Shareholding	67.76%

 

 

IPO Lead Managers

• Narnolia Financial Services Ltd.
  
  

Dividend Policy

The company has not paid a dividend in any financial year.

 

Conclusion

Investors have the opportunity to invest in an established infrastructure company, which has , besides some strong order book from the roads, highways, and electrical projects. The Mayasheel Ventures IPO price looks affordable relative to peers in the industry because of its low P/E, which suggests undervaluation. 

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.