15 Nov 2025, Sat

Mayasheel Ventures IPO: Mayanasheel Ventures Limited has rocked along with stepping into the stock market. On June 27, 2025, the company’s listing took place on the NSE SME platform. The IPO of Mayaheel Ventures Limited was launched on June 20 and the issue was closed on 24 June. The shares were allotted on 25 June and the listing took place on 27 June.

It was only after the listing that the company’s shares saw a tremendous jump. The listing of Maysheel Ventures shares was at a premium of more than Rs 23 percent from the IPO price. Retail investors are investing fiercely on this stock. He made a strong start by making 9 percent more than his listing issue price of his shares.

Listing of share on so much money

Today, the shares of Maysheel Ventures opened at Rs 58 per share on NSE, which is 23.4 percent more than the IPO price of Rs 47 per share. After some time, the stock reached the Intrade High of Rs 60 per share with more gains after business. Within five minutes of stepping into the market, 21.33 lakh shares of Mayasheel Ventures were transacted. The company’s market cap reached Rs 130.1 crore with a total turnover of Rs 12.44 crore.

Subscription status of Mayaheel Ventures Limited

The IPO of Mayail Ventures Limited received a total subscription. The issue received more than 102 times in the retail category, more than 715 times in NII category and more than 98 times in QIB category. The total size of this IPO was Rs 27.28 crore. The amount raised from this IPO will be used by the company to buy machinery used in construction work as well as to meet the needs of working capital and capital expenditure. The remaining amount will be used for general corporate purposes.

What does the company do?

Mayanasheel Ventures is a construction company, especially for NHIDCL and other government departments construct roads and highways. This company, built in 2008, is also associated with the work of infrastructure projects like Expressway, flyover, bridge. The company takes projects on Engineering, Procurement and Construction and BoQ Base.

Mayanasheel Ventures Limited also works related to power projects such as installing street lights, construction of power house, making transmission line, etc. The company meets most of its projects from government departments, so the main source of their earnings is also a government tender.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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