Close Menu
PNN DigitalPNN Digital
    Facebook X (Twitter) Instagram
    PNN DigitalPNN Digital
    • Business
    • National
    • Entertainment
    • Lifestyle
    • Education
    • Press Release
    • Submit Your PR
    PNN DigitalPNN Digital
    Home - Business - Mayasheel Ventures Limited to Launch IPO on June 20, Listing on NSE Emerge by June 27
    Business

    Mayasheel Ventures Limited to Launch IPO on June 20, Listing on NSE Emerge by June 27

    NaquiyahBy NaquiyahJune 17, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Mayasheel
    Share
    Facebook Twitter LinkedIn Pinterest Email

    New Delhi [India], June 17:  Mayasheel Ventures Limited, a prominent infrastructure development company, has announced the opening of its Initial Public Offering (IPO) on June 20, 2025. Incorporated in 2008, the company has established a strong reputation as an ‘A’ class government contractor, primarily engaged in the construction of roads, highways, expressways, flyovers, and bridges. Mayasheel also undertakes complex electrical and civil projects on an EPC (Engineering, Procurement, and Construction) and BOQ (Bill of Quantities) basis, delivering critical infrastructure for government departments, including NHIDCL.

    The IPO comprises a fresh issue of 58,05,000 equity shares at a price band of ₹44 to ₹47 per share, aggregating to ₹27,28,35,000. The IPO will open for subscription on June 20, 2025, and close on June 24, 2025. The Anchor Bidding will take place on June 19, 2025. The shares are proposed to be listed on the NSE Emerge platform with a listing date set for 27th June, 2025. The minimum lot size for the application is 3,000 shares.

    Of the total issue, 16,50,000 equity shares (22.13%) have been reserved for anchor investor,s and 2,91,000 shares (3.90%) are allocated for market makers. The balance issue includes 11,04,000 shares (14.81%) for Qualified Institutional Buyers (QIBs), 8,28,000 shares (11.11%) for Non-Institutional Investors (NIIs), and 19,32,000 shares (25.92%) for Retail Individual Investors (RIIs), as per SEBI guidelines.

    With over 17 years of operational history, the company has completed 32 civil contracts and 26 electrical projects, employing a workforce of 237 on-roll and 180 off-roll employees.

    Mr. Amit Garg, Chairman and Managing Director of Mayasheel Ventures Limited, stated, “This IPO marks a pivotal moment in our journey. With increased capital, we aim to strengthen our technical capabilities, expand our equipment base, and take on more complex, high-value government projects. Our focus remains on delivering quality infrastructure that drives national development.”

    The net proceeds from the IPO will be utilised to fund capital expenditure for the purchase of equipment and machinery, meet working capital requirements, and support general corporate purposes. These investments are expected to enhance Mayasheel’s execution capacity and competitiveness across its civil and electrical verticals.

    The Book Running Lead Manager for the company is Narnolia Financial Services Limited, and Registrar to the Issue is Maashitla Securities Private Limited.

    For more information, please visit: www.mayasheelventures.com

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    Mayasheel Ventures Limited NSE Emerge
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Naquiyah

      Related Posts

      Experience Malaysia in the Heart of India: Novotel Ahmedabad Presents ‘Taste of Malaysia’ Food Festival

      August 7, 2025

      ICODEX Publishing Solutions Planning To Raise Up To Rs. 42.03 Crore From Public Issue; IPO Opens On August 11

      August 7, 2025

      AIS Launches the 7th Edition of its flagship property AIS Design Olympiad

      August 7, 2025
      Add A Comment

      Comments are closed.

      Recent Posts
      • Experience Malaysia in the Heart of India: Novotel Ahmedabad Presents ‘Taste of Malaysia’ Food Festival
      • ICODEX Publishing Solutions Planning To Raise Up To Rs. 42.03 Crore From Public Issue; IPO Opens On August 11
      • AIS Launches the 7th Edition of its flagship property AIS Design Olympiad
      • Sonalika Achieves New Record Breaking Performance With 53,772 Overall Tractor Sales In Apr-July’25
      • 8 Budget-Friendly Activities To Do In Dubai

      Experience Malaysia in the Heart of India: Novotel Ahmedabad Presents ‘Taste of Malaysia’ Food Festival

      August 7, 2025

      ICODEX Publishing Solutions Planning To Raise Up To Rs. 42.03 Crore From Public Issue; IPO Opens On August 11

      August 7, 2025

      AIS Launches the 7th Edition of its flagship property AIS Design Olympiad

      August 7, 2025

      Sonalika Achieves New Record Breaking Performance With 53,772 Overall Tractor Sales In Apr-July’25

      August 7, 2025

      8 Budget-Friendly Activities To Do In Dubai

      August 7, 2025

      Planning a Trip to India from the USA Here’s the Most Reliable Taxi Service You Need

      August 7, 2025
      PNN Digital
      2025 © pnn.digital

      Type above and press Enter to search. Press Esc to cancel.