Mayasheel Ventures IPO is a book-built issue IPO, aiming to raise ₹27.28 crore. It is an entirely a fresh issue of 58.05 lakh shares. The bidding window was open from June 20, 2025, to June 24, 2025, with the IPO allotment to be finalised tomorrow on June 25, 2025. Mayasheel Ventures is scheduled to list on NSE SME on June 27, 2025.
The IPO was priced at a range of ₹44 – ₹47 per share with a lot size of 3000 shares. The public issue received bids for 89,92,71,000 shares against 38,64,000 shares available, resulting in an overall subscription of 232.73 times. NIIs led the response, subscribing 715.75 times their quota, followed by retail investors at 102.63 times.
Mayasheel Ventures' ₹27.28 crore IPO, priced between ₹44 – ₹47 per share, was subscribed 232.73 times overall. The IPO is an entirely a fresh issue of 58.05 lakh shares. Bidding took place from June 20 to June 24, 2025, with the Mayasheel Ventures IPO allotment status on June 25, 2025. Retail investors subscribed 102.63 and NIIs 715.75 times. Listing is expected on June 27, 2025.
The table below breaks down the Mayasheel Ventures share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 2,91,000 (5.01%) |
| Anchor Investor Shares Offered | 16,50,000 (28.42%) |
| QIB (Ex. Anchor) Shares Offered | 11,04,000 (19.02%) |
| NII (HNI) Shares Offered | 8,28,000 (14.26%) |
| Retail Shares Offered | 19,32,000 (33.28%) |
| Total Shares Offered | 58,05,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 98.14 |
| Non-Institutional Investors | 715.75 |
| Retail Individual Investors | 102.63 |
| Total shares | 232.73 |
Note: The subscription details are as of June 24, 2025
Mayasheel Ventures Limited is engaged in the construction of roads and highways for government agencies such as the National Highways and Infrastructure Development Corporation Limited (NHIDCL) and other state departments. The company specialises in high-value and technically complex projects, including national highways, expressways, flyovers, bridges, and road-over bridges.
Recognised as a "Class A" contractor by the Uttar Pradesh Public Works Department (U.P.P.W.D.), the company holds the capability to execute large-scale infrastructure projects. It undertakes both EPC (Engineering, Procurement, and Construction) and BOQ (Bill of Quantity) based contracts, managing everything from design and procurement to execution and handover.
Mayasheel Ventures also engages in electrical infrastructure projects such as power houses, transmission lines, and streetlight installation. Although revenue from electrical works has not been recorded in the past 3 years, the company continues to pursue projects in this segment.
Operating primarily on a Business-to-Government (B2G) model, the company has completed over 65 projects. As of March 31, 2025, it holds an order book worth ₹20,160.89 lakh. A notable milestone includes the 14.401 km two-lane road project on NH 129A in Nagaland under NHIDCL.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 24, 2025, 7:24 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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