Mayasheel Ventures Ltd, a leading infrastructure and engineering company, is launching its IPO on June 20, 2025, aiming to raise ₹27.28 crores through a fresh issue of shares on the NSE SME platform.
🏭 Company Overview
Mayasheel Ventures Ltd is engaged in executing engineering, procurement, and construction (EPC) contracts, primarily for government infrastructure projects. The company specializes in roads, highways, electrical infrastructure, and water supply projects. Headquartered in Uttar Pradesh, the company has steadily expanded its presence across India with a focus on quality execution and timely delivery.
Lot Size & Investment Details
| Appy as | Price Band | Lot Size | Share | Appy Upto |
| Retail (Min) | ₹44 – ₹47 | 1 lot | 3,000 shares | ₹1,41,000 |
| Retail (Max) | ₹44 – ₹47 | 1 lot | 3,000 shares | ₹1,41,000 (Retail limit) |
| S-HNI (Min) | ₹44 – ₹47 | 2 lot | 6,000 shares | ₹2,82,000 |
📊 Financial Highlights
| Financial Year | Revenue (₹ Cr) | Net Profit (₹ Cr) |
|---|---|---|
| FY 2023 | 131.14 | 6.51 |
| FY 2024 | 172.05 | 11.72 |
🎯 Objects of the Issue
The net proceeds from the IPO will be utilized for:
- General Corporate Purposes
- Capital Expenditure: Purchase of plant and construction equipment
- Working Capital Requirements: To support ongoing project execution
📈 IPO Review & Recommendation
Strengths:
- Government Contracts: Strong order book consisting of public sector projects ensures payment reliability
- Rapid Growth: Significant revenue and profit growth YoY
- Experienced Management: Promoters and executives with extensive sectoral experience in EPC and public infrastructure
Risks:
- Project Execution Risk: Delays or cost overruns in infrastructure projects could impact margins
- Client Concentration: A large share of revenue comes from a few government departments
- SME Listing Volatility: SME stocks may experience higher price swings post listing
Recommendation:
Given Mayasheel Ventures Ltd’s proven project execution record, strong financial performance, and growth outlook in India’s public infrastructure sector, the IPO offers an attractive opportunity for medium- to long-term investors. As with any SME IPO, investors should carefully assess the liquidity and potential risks before subscribing.
