Mayasheel Ventures Limited constructs roads and highways for NHIDCL and other government departments.
The company engages in constructing, altering, and developing complex projects like expressways, highways, flyovers, and bridges. The company undertakes projects on an EPC (Engineering, Procurement, and Construction) and BOQ (Bill of Quantity) basis.
The company has engaged in electrical works, including constructing power houses, installing streetlights, and developing transmission lines.
The company serves government departments, mainly generating revenue from tenders.
The Company’s Business Segments:
- Construction Works:Road Construction, Highways Construction, Bridges and Flyovers Construction, Road Drain & Sewerage system Construction.
- Electrical Works:Electrical Power Houses, Transmission Line, Streetlights, Single Phase Electronic energy meter.
As of March 31, 2025, the Company has 294 employees on the payroll.

Mayasheel Ventures IPO – Details
IPO Opening Date | 20 June 2025 |
IPO Closing Date | 24 June 2025 |
Issue Type | Book Built Issue IPO |
Issue Size | Total Issue: 58,05,000 Shares Worth ₹27.28 Crore Fresh Issue: 58,05,000 Shares Worth ₹27.28 Crore |
Face Value | ₹10 per equity share |
IPO Price | ₹44 – ₹47 per share |
Market Lot | 3000 Shares |
Min Order | 3000 Shares (1 Lot) |
Listing At | NSE SME |
Registrar | Maashitla Securities Private Limited |
QIB Shares Offered | 50% |
NII (HNI) Shares Offered | 15% |
Retail Shares Offered | 35% |
Mayasheel Ventures IPO – Date Schedule
IPO Open Date | 20 June 2025 |
IPO Close Date | 24 June 2025 |
Basis of Allotment | 25 June 2025 |
Initiation of Refund | 26 June 2025 |
Credit of Shares to Demat | 26 June 2025 |
IPO Listing Date | 27 June 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on June 24, 2025 |
Mayasheel Ventures IPO – Lots Size & Price
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹1,41,000 |
Retail (Max) | 1 | 3000 | ₹1,41,000 |
HNI (Min) | 2 | 6000 | ₹2,82,000 |
Competitive Strengths
- The management team is qualified and experienced in construction and civil engineering.
- The Company is committed to product quality and meets client standards for optimal results.
- Strong Order Book of Roads, Highways and Bridges.
- Strong project management and execution capabilities.
Company Promoters
- Mr. Amit Garg
- Ms. Meenu Garg
- Mr. Prabhat Rajpoot
Company Financials
Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
---|---|---|---|---|
31 March 2023 | 126.37 | 118.86 | 4.75 | 33.23 |
31 March 2024 | 130.32 | 123.81 | 6.51 | 35.05 |
31 March 2025 | 171.01 | 159.68 | 11.33 | 34.06 |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 42.83% |
ROCE | 28.62% |
Debt/Equity | 1.60 |
RoNW | 42.83% |
PAT Margin | 6.63 |
Price to Book Value | 2.65 |
Pre IPO | Post IPO | |
EPS (Rs) | 6.98 | 5.14 |
P/E (x) | 6.74 | 9.14 |
Object Of The Issue
- Funding capital expenditure requirements for the purchase of equipment/machineries.
- Funding the Working Capital requirement.
- General corporate purposes.

Mayasheel Ventures IPO Promoter Holding
Pre Issue Share Holding | 91.97% |
Post Issue Share Holding | 67.76% |
Mayasheel Ventures IPO Prospectus
Company Contact Information
Mayasheel Ventures Limited IIIrd B-2, Flat No.8, IInd Nehru Nagar Ghaziabad, Uttar Pradesh Phone: 0120-4265140 Email: cs@mayasheelventures.com Website: https://www.mayasheelventures.com/ |
Mayasheel Ventures IPO Registrar
Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
Mayasheel Ventures IPO Lead Manager(s)
1. Narnolia Financial Services Ltd |
Mayasheel Ventures IPO FAQ

What is Mayasheel Ventures IPO? Mayasheel Ventures IPO is a SME IPO. The issue is priced at ₹44 to ₹47 per equity share. The IPO is to be listed on NSE SME. |
When Mayasheel Ventures IPO will open? The IPO is to open on 20 June 2025 for QIB, NII, and Retail Investors. |
What is Mayasheel Ventures IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
How to Apply the Mayasheel Ventures IPO? You can apply Mayasheel Ventures IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
How to Apply the Mayasheel Ventures IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Mayasheel Ventures IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
How to Apply the Mayasheel Ventures IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Mayasheel Ventures IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
How to Apply the Mayasheel Ventures IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mayasheel Ventures IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
How to Apply the Mayasheel Ventures IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Mayasheel Ventures IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
What is Mayasheel Ventures IPO Size? Mayasheel Ventures IPO size is ₹27.28 Crore. |
What is the Mayasheel Ventures IPO Price Band? Mayasheel Ventures IPO Price Band is ₹44 to ₹47. |
What is Mayasheel Ventures IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 3000 Shares with ₹1,41,000 amount while the maximum bid is 3000 Shares with ₹1,41,000. |
What is the Mayasheel Ventures IPO Allotment Date? Mayasheel Ventures IPO allotment date is 25 June 2025. |
What is the Mayasheel Ventures IPO Listing Date? Mayasheel Ventures IPO listing date is 27 June 2025. The IPO is to be listed on the NSE SME. |
