Mahendra Realtors & Infrastructure Limited, a leading engineering and construction company, will open its Initial Public Offering on August 12, 2025, aiming to raise up to ₹49.45 crore. The shares will be listed on the NSE Emerge platform, with proceeds directed toward working capital and corporate expansion.
Mahendra Realtors & Infrastructure Limited, headquartered in Mumbai, is a diversified engineering and construction company known for delivering large-scale civil infrastructure projects, structural rehabilitation works, and public infrastructure under models such as Build-Operate-Transfer. Over the years, the company has completed over 500 projects across government and private sectors, including notable structural enhancement works at Vashi and Belapur Railway Stations.
The company’s Initial Public Offering (IPO) is scheduled to open on August 12, 2025, and will close on August 14, 2025. The anchor investor portion will open a day earlier, on August 11, 2025. At the upper price band, the IPO is expected to raise ₹49.45 crore.
The public issue comprises 58,17,600 equity shares of face value ₹10 each, with a price band of ₹75–₹85 per share.
The allocation structure includes:
- Qualified Institutional Buyers (QIBs): Up to 56,000 equity shares
- Non-Institutional Investors (NIIs): Not less than 27,07,200 equity shares
- Retail Individual Investors (RIIs): Not less than 27,63,200 equity shares
- Market Maker: 2,91,200 equity shares
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Proceeds from the IPO will be primarily utilized for working capital requirements and general corporate purposes, enabling smoother execution of ongoing projects, strengthening operational capacity, and funding organizational growth.
The issue is being managed by Fast Track Finsec Private Limited as the Book Running Lead Manager, while MUFG Link Intime India Private Limited is acting as the Registrar. Upon listing, the company’s equity shares will trade on the NSE Emerge platform.
With India’s infrastructure sector witnessing robust growth driven by government initiatives, urban expansion, and private investments, Mahendra Realtors aims to capitalize on the increasing demand for civil construction, rehabilitation, and restoration projects.
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