Mahendra Realtors IPO – Key Details and Investment Highlights
The Mahendra Realtors IPO will open for subscription on August 12, 2025, and close on August 14, 2025. It is a book-built issue, with the company aiming to raise approximately ₹49.45 crores. The IPO comprises a fresh issue of shares worth ₹40.17 crores and an offer for sale (OFS) of up to 10,91,200 equity shares with a face value of ₹10 each.
The price band for the IPO is set between ₹75 and ₹85 per equity share. The issue allocation is divided as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (HNIs), and 35% for retail investors. The allotment is expected to be finalized on August 18, 2025, and the shares are proposed to be listed on the NSE on August 20, 2025.
In terms of financial performance, the company reported revenue of ₹128.69 crores in FY2025, compared to ₹105.11 crores in FY2024. Net profit increased to ₹14.87 crores in FY2025 from ₹11.58 crores in FY2024.
Mahendra Realtors IPO Objectives:
- To meet working capital requirements
- To cover general corporate purposes
- To fund IPO-related expenses
Mahendra Realtors IPO Review (Apply or Not)
- Update Soon
Mahendra Realtors IPO Date & Price Band Details:
| IPO Open Date: | August 12, 2025 |
| IPO Close Date: | August 14, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹75 to ₹85 Per Share |
| Issue Size: | Approx ₹49.45 Crores |
| Fresh Issue: | Approx ₹40.17 Crores |
| Offer for Sale: | Approx 10,91,200 Equity Shares |
| Lot Size: | 800 Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Mahendra Realtors IPO Lot Size:
The minimum lot size for the Mahendra Realtors IPO is 1,600 shares, requiring an application amount of ₹1,36,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 1,600 | ₹1,36,000 |
| Retail Maximum | 2 | 1,600 | ₹1,36,000 |
| S-HNI Minimum | 3 | 3,200 | ₹2,72,000 |
| S-HNI Maximum | 14 | 11,200 | ₹9,52,000 |
| B-HNI Minimum | 15 | 12,000 | ₹10,20,000 |
Mahendra Realtors IPO Allotment & Listing Date (Details)
| IPO Open Date: | August 12, 2025 |
| IPO Close Date: | August 14, 2025 |
| Basis of Allotment: | August 18, 2025 |
| Refunds: | August 19, 2025 |
| Credit to Demat Account: | August 19, 2025 |
| IPO Listing Date: | August 20, 2025 |
Mahendra Realtors IPO GMP Today:
- Update Soon
Promoters of Mahendra Realtors IPO
The promoters of Mahendra Realtors and Infrastructure Limited are Mr. Hemanshu Shah, Mr. Bhavesh Mahendrakumar Shah, Ms. Chandrika Mahendra Shah, Ms. Hetal Bhavesh Shah, and Ms. Varsha Hemanshu Shah.
About Mahendra Realtors and Infrastructure Limited
Established in June 2007, Mahendra Realtors and Infrastructure Limited is an emerging company engaged in a wide range of services including structural repairs, rehabilitation, retrofitting, waterproofing, corporate interiors, BOT projects, maintenance, construction, and infrastructure restoration.
The company has executed several structural repair projects for government bodies such as CIDCO and railway stations at Vashi and Belapur, utilizing advanced techniques like polymer-modified mortar, micro concrete, and waterproofing systems. Notably, its retrofitting and steel jacketing work at Ghatkopar earned it a Stability Certificate from IIT Bombay.
Mahendra Realtors has also delivered interior work for prestigious institutions including IIT Bombay, the Airport Authority of India, the VVIP Circuit House in Pune, and SVP Hospital in Ahmedabad.
Mahendra Realtors IPO – Financial Performance
Mahendra Realtors and Infrastructure Limited reported revenue of ₹128.69 crores in FY2025, an increase from ₹105.11 crores in FY2024. The company’s net profit also rose to ₹14.87 crores in FY2025, compared to ₹11.58 crores in the previous financial year, reflecting steady growth in both revenue and profitability.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹66.07 | ₹59.90 | ₹4.04 | ₹98.21 |
| 2024 | ₹105.11 | ₹89.63 | ₹11.58 | ₹93.01 |
| 2025 | ₹128.69 | ₹108.21 | ₹14.87 | ₹137.54 |
Mahendra Realtors IPO Valuation – FY2025
Explore the key valuation metrics of Mahendra Realtors and Infrastructure Limited for FY2025, including Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
| KPI | Values |
| ROE: | 23.43% |
| ROCE: | 30.56% |
| EBITDA Margin: | 17.55% |
| PAT Margin: | 11.91% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹8.55 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 23.43% |
| Net Asset Value (NAV): | ₹40.79 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| AB Infrabuild Limited | 3.36 | 53.54 | 0.17 | 20.74 | 16.12 Cr. |
| Maruti Infrastructure Limited | 0.21 | 66.29 | 0.07 | 14.77 | 1.93 Cr. |
Mahendra Realtors IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: mahendrarealtors.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Fast Track Finsec Pvt Ltd
Mahendra Realtors Company Address
Mahendra Realtors & Infrastructure Ltd.
603, Quantum Tower, Ram Baug, Opp Dal Mill
Off S.V. Road,
Malad (West)
Mumbai, Maharashtra, 400064
Phone: +91 9082850343;
Email: info@mripl.net;
Website: www.mripl.net
Mahendra Realtors IPO – FAQs
Q1. What are the opening and closing dates of the Mahendra Realtors IPO?
The Mahendra Realtors IPO will open on August 12, 2025, and close on August 14, 2025.
Q2. What is the price band for the Mahendra Realtors IPO?
The price band is set between ₹75 and ₹85 per equity share.
Q3. What is the minimum lot size for retail investors?
Retail investors can apply for a minimum of 1,600 shares, which requires an investment of ₹1,36,000.
Q4. What is the total issue size of the Mahendra Realtors IPO?
The IPO aims to raise approximately ₹49.45 crores, which includes a fresh issue of ₹40.17 crores and an offer for sale (OFS) of up to 10,91,200 equity shares.
Q5. Who are the promoters of Mahendra Realtors and Infrastructure Limited?
The promoters are Mr. Hemanshu Shah, Mr. Bhavesh Mahendrakumar Shah, Ms. Chandrika Mahendra Shah, Ms. Hetal Bhavesh Shah, and Ms. Varsha Hemanshu Shah.
Q6. When will the IPO allotment be finalized?
The allotment of shares is expected to be finalized on August 18, 2025.
Q7. When is the listing date for Mahendra Realtors IPO?
The IPO is proposed to be listed on the NSE on August 20, 2025.
Q8. How has the company performed financially in recent years?
In FY2025, the company reported revenue of ₹128.69 crores and a net profit of ₹14.87 crores, compared to ₹105.11 crores in revenue and ₹11.58 crores in profit in FY2024.
Q9. What are the objects of the Mahendra Realtors IPO?
The IPO proceeds will be used to meet working capital requirements, cover general corporate purposes, and finance issue-related expenses.
Q10. Is Mahendra Realtors IPO a good investment?
With consistent growth in revenue and profitability, the IPO may be a suitable option for long-term investors. However, investors should carefully evaluate all associated risks before applying.
