Mayasheel Ventures Ltd IPO
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Mayasheel Ventures Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 58.05 L | TBA | TBA | ₹ 149.4 L | NSE | ₹ 27.28 Cr |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
20 Jun, 25 | 24 Jun, 25 | 3000 | ₹ 1,32,000 | Book Building - SME | 27 Jun, 25 |
Mayasheel Ventures Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Construction |
Sub Sector | NA |
Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 0 | 0 |
NII | 0x | 0 | 0 |
Retail | 0x | 0 | 0 |
Employee | 0x | 0 | 0 |
Total | 0x | 5805000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Mayasheel Ventures Ltd Financial Status
Income Statement
Balance Sheet
About Mayasheel Ventures Ltd
Our Company was originally formed as a Partnership Firm under the Partnership Act, 1932 (Partnership Act) in the name and style of Mayasheel Construction pursuant to Deed of Partnership dated May 01, 2008. Mayasheel Construction was thereafter converted from Partnership Firm to a Public Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of Mayasheel Ventures Limited and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Centre dated May 30, 2024. As on the date of this Red Herring Prospectus, the Corporate Identity Number of our Company is U42101UP2024PLC203681.
The global road & highway infrastructure market size was valued at USD 1134.28 billion in 2022. The market is projected to grow from USD 1156.33 billion in 2023 to USD 1333.67 billion by 2030, exhibiting a CAGR of 2.06% during the forecast period. Roads and highways infrastructure refers to the network of interconnected roadways, highways, bridges, tunnels, and associated facilities that enable the transportation of people, goods, and services between different locations. Roads are the transportation routes that connect various destinations, including urban areas, rural regions, industrial zones, and commercial centres. Highways, on the hand, typically refer to major arterial roads that provide long-distance connectivity between cities and regions.<br /> <br /> Indian Road & Highways Industry<br /> <br /> India Roads and Highways Market was valued at USD 152.16 Billion in 2024 and is expected to reach USD 266.60 Billion by 2030 with a CAGR of 9.63% during the forecast period. Highways are major roads built for high-speed, long-distance travel, with features like multiple lanes and controlled access. They are categorized into expressways, freeways, and motorways based on design and rules. Both roads and highways are vital for economic growth, connectivity, and regional development. Technology is driving the rise of smart roads and better traffic systems. As cities grow, expanding and upgrading these networks is key to reducing congestion and improving mobility.<br /> <br /> <br />
Our company is involved in the business of construction of Roads and Highways for NHIDCL (National Highways and Infrastructure Development Corporation Ltd.) and other Government Departments. Our Company transacts the business to construct, build, alter, convert, improve, design, establish, develop, dismantle, reconstruct all types of constructions works such as technically complex and high value projects like Express ways, National Highways, Flyovers, Bridges.
Peer Comparison:
- Mayasheel Ventures Limited
- Rachana Infrastructure Limited
- AVP Infracon Limited
Mayasheel Ventures Ltd IPO Key Points
Strengths
- Designing and execution capabilities.
- Experienced management team and a motivated and efficient work force
- Cordial relations with our consumers.
- Quality assurance and control.
Risk
- The company's main source of revenue comes from projects that are initiated or approved by NHIDCL (National Highways Infrastructure Development Corporation Limited) and other government department. If there are unfavourable changes in the policies of the central or state government, it could result in the closure, termination, restructuring, or renegotiation of its contracts, potentially impacting its business and financial performance significantly.
- There are outstanding legal proceedings involving the Company. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
- Certain Loans and Borrowings are reported in the financial statements of the company but have not actually been transferred.
Strategy
- Expand our geographical reach.
- Enhancing our focus on Road and Highways Construction and execute greater number of government projects.
- Continues to focus on cost efficiency and increase profitability by upgrading the technology.
- Retaining Skilled Manpower.
- Designing and execution capabilities.
- Experienced management team and a motivated and efficient work force
- Cordial relations with our consumers.
- Quality assurance and control.
How To Apply for Mayasheel Ventures Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.