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IPO Analysis > mahendra-realtors-nse-sme

Mahendra Realtors IPO Logo 

Should You Add the Mahendra Realtors IPO to Your Portfolio?

The current financial year witnessed a 37% rise in capital expenditure (CAPEX). Moreover, the country requires an estimated development of USD 840 billion in urban infrastructure over the next 15 years to keep up with its development plans. Therefore, the Government of India has continued a strong support, through extensive budget outlays and much more, to the infrastructure sector.


Amidst these trends, Mahendra Realtors IPO is gearing up to hit the market, with Fast Track Finsec Private Limited as the lead manager and MUFG Intime India Private Limited as the registrar. Click here to check the allotment status.


For more information about the Mahendra Realtors IPO, view its RHP.


Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Mahendra Realtors IPO: Company Profile


Particulars

Description

Incorporated

2007

Promoters

Varsha Hemanshu Shah, Hemanshu Shah, Chandrika

Mahendra Shah, Bhavesh Mahendrakumar Shah and Hetal Bhavesh Shah

Business

Build-Operate-Transfer (BOT) projects, corporate interiors, structural repairs, rehabilitation, retrofitting, waterproofing, maintenance, construction, infrastructure restoration, etc.

Popular projects

Projects for structural repairs at Belapur and Vashi railway stations, Syndicate Bank structural repairs

at Ghatkopar, Interior work at the Airport Authority of India, IIT Bombay, etc.

Total projects

200+

Clients

50+

Registered office

Mumbai, Maharashtra

Competitors

Maruti Infrastructure Limited and AB Infrabuild Limited


Exploring The Mahendra Realtors IPO Review

This section covers the Mahendra IPO in detail, including the Mahendra Realtors IPO share price, date, objectives and much more.

  • Mahendra Realtors IPO Date Today


Event

IPO date

Opening date

12 August 2025

Closing date

14 August 2025

UPI closing

14 August 2025 (5 PM)

Final allotment

18 August 2025

Refund

19 August 2025

Credit of shares

19 August 2025

Listing

20 August 2025

Mandate end

29 August 2025

Lock-in end (half anchor investors)

17 September 2025

Lock-in end (half anchor investors)

16 November 2025


  • Mahendra Realtors IPO Price and Size


Parameter

Number of Equity Shares

Amount (₹ Crores)

Fresh Issue

47,26,400

40.17

Offer for Sale

10,91,200

9.28

Total Issue

58,17,600

49.45


  • Objectives


Particulars

Amount (₹ Lakh)

Working capital

3040.00

General business use

Undisclosed


  • Other Takeaways


Particular

Details

Face Value (₹)

10

Lot size

1600

Price Range (₹)

75 to 85

Listed at

NSE Emerge


Categorisation of Different Investors


Category

Shares Available

Retail

Minimum 35% of the offer

QIB

Maximum 50.00% of the offer

NII

Minimum 15% of the offer


Key Financials and Metrics You Must Know Before the Mahendra Realtors IPO


Particulars

2025

2024

2023

Revenue from operations (₹ Lakhs)

12,477.18

10,148.98

6,302.02

3-Year Revenue CAGR

40.71%

EBITDA (₹ Lakhs)

2,189.89

1,699.67

903.59

EBITDA Margin (%)

17.55

16.75

14.34

EBIT (₹ Lakhs)

2,166.40

1673.25

876.51

ROCE (%)

30.56

29.87

19.72

Current Ratio

1.32

1.27

1.34

Operating Cash Flow (₹ Lakhs)

(562.69)

2,182.13

995.86

PAT (₹ Lakhs)

1,486.63

1,157.83

404.12

PAT Margin (%)

11.91

11.41

6.41

Net Worth (₹ Lakhs)

7,088.90

5,602.27

4,444.44

RoNW 

23.43

23.05

9.53

EPS (₹)

8.55

6.66

2.33


Strengths and Risks

Analysis of the key strengths and weaknesses of the Mahendra Realtors IPO is essential to optimally analyse the company IPO.


Strengths


  1. Diverse product and service portfolio.

  2. Extensive track record of completed projects from diverse clientele.

  3. Utilisation of technology for optimal product development.

  4. Growing visible order book.

  5. Experienced team.


Risks


  1. 81.29% of Revenue as of 31 March 2025 came from the top 10 customers.

  2. Revenue depends on the acceptance of government bids.

  3. 96.55% of revenue as of 31 March 2025 came from Maharashtra.

  4. Rising competition in the Indian real estate market.

  5. Manpower intensive business.

Does Your Portfolio Need Mahendra Realtors IPO?

As of 16:54 on 11 August 2025, the Mahendra Realtors IPO GMP was trading at ₹6. However, the GMP is susceptible to change. So, click here to get the latest GMP update. Since the grey market performance is not the ultimate indicator of actual stock market performance, don’t forget to check out the complete IPO analysis.


Check to view the live subscription status and then choose Apply Now if the IPO interests you!

FAQs

  1. What is the Mahendra Realtors IPO share price?

The face value of the share is INR 10. The price range of the IPO is set to be between ₹75 and ₹85. Click here to check the live subscription status for the latest price movements.


  1. What is the Mahndra Realtors IPO review?

The future outlook for the infrastructure sector is positive, as per reports. The company enjoys an extensive clientele with an optimal product offering. However, a huge chunk of revenue comes from select businesses and specific regions.


  1. What is the Mahendra Realtors IPO GMP?

As of 16:54 on 11 August 2025, the Mahendra Realtors IPO GMP was trading at ₹6. However, the GMP is susceptible to change. So, click here to get the latest GMP update.


  1. Is a demat account necessary for the Mahendra Realtors IPO?

Yes, a demat account is necessary to invest in any equity instrument, including IPOs. Check out the ultimate curation of the best demat accounts in India to start your trading journey


  1. When is the Mahendra Realtors IPO date?

The IPO is set to open on 12 August 2025 and close on 14 August 2025. The UPI mandate also closes at 5 PM on the closing date. Click here to view the allotment status.
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