Mahendra Realtors & Infrastructure
NSE SMEListed
NSE SMEListed
IPO Timeline
Issue open date
12 Aug 2025Issue close date
14 Aug 2025UPI mandate deadline
14 Aug 2025Allotment finalization
18 Aug 2025Refund initiation
19 Aug 2025Share credit
19 Aug 2025Listing date
20 Aug 2025Mandate end date
29 Aug 2025Lock-in end date for anchor investors (50%)
17 Sep 2025Lock-in end date for anchor investors (remaining)
16 Nov 2025Grey Market Premium Trend
₹6
Current GMP
₹91
Est. Listing Price
7.1%
Est. Listing Gain
₹75 - ₹85
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 11 Aug | ₹6 | ₹91 | 7.06% |
| 10 Aug | ₹6 | ₹91 | 7.06% |
| 9 Aug | ₹6 | ₹91 | 7.06% |
| 8 Aug | ₹6 | ₹91 | 7.06% |
| 7 Aug | ₹6 | ₹91 | 7.06% |
| 6 Aug | ₹0 | ₹85 | 0.00% |
| 5 Aug | ₹0 | ₹85 | 0.00% |
Key Dates
Open
12 Aug 2025Close
14 Aug 2025Listing
20 Aug 2025Quick Stats
Issue Size:49cr
Lot Size:1600 shares
Issue Details
Issue Size:49cr
Offer for Sale:10,91,200 Shares
Face Value:₹10
Listing At:NSE SME
Reservation
50%
QIB
15%
NII
35%
Retail
Additional Resources
About the Company
Incorporated in 2007, Mahendra Realtors and Infrastructure Limited is a diversified infrastructure services company specialising in structural repairs, rehabilitation, retrofitting, waterproofing, corporate interior works, and Build-Operate-Transfer (BOT) projects. It also undertakes general construction and infrastructure restoration assignments. With over 200 completed projects for 50+ clients, the company is recognised for delivering technically complex infrastructure solutions with precision and reliability.
Strengths
- Diverse service portfolio that includes structural repairs, waterproofing, corporate interiors, BOT projects, and infrastructure restoration
- Proven track record of executing 200+ projects for 50+ clients, showcasing consistent delivery and execution reliability
- Leverages advanced techniques and strict quality standards to ensure durable and efficient project delivery
- Strong foothold in the public sector, backed by a growing and visible order book
- Experienced team with deep expertise in the construction and infrastructure sectors
Risks
- High reliance on Maharashtra for revenue generation, exposing the business to regional disruptions
- Dependence on few customers & suppliers without contracts may disrupt operations
- Outstanding legal proceedings involving the company, directors, and promoters may impact cash flows and operations
- Inability to secure timely and adequate working capital, and recent negative cash flows may impact growth
- Tender-based model exposes revenue to bid outcome uncertainties
Mahendra Realtors & Infrastructure IPO – Frequently Asked Questions
- The price band for the Mahendra Realtors & Infrastructure IPO is set at ₹75 to ₹85 per share.
- The Mahendra Realtors & Infrastructure IPO opens on August 12, 2025 and closes on August 14, 2025.
- The tentative listing date for the Mahendra Realtors & Infrastructure IPO is August 20, 2025.
- You can apply for the Mahendra Realtors & Infrastructure IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Mahendra Realtors & Infrastructure, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Mahendra Realtors & Infrastructure IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).