Mahendra Realtors & Infrastructure IPO

About the company

Mahendra Realtors & Infrastructure Ltd (MRIL), incorporated in 2005, is a real estate developer offering services in structural repairs, waterproofing, interiors, BOT projects, maintenance, construction, and infrastructure restoration. It derived 84.52% of FY25 revenue from works contracts, 15.02% from corporate interiors, and 0.46% from maintenance. As of December 31, 2024, the company had executed 193 projects across 8 states, with the majority of projects in Maharashtra (109 projects), followed by 11 in Gujarat. The company has delivered advanced structural repair work for government bodies and public sector organisations like CIDCO, SBI, and the Airport Authority of India.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   12 Aug 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   14 Aug 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   18 Aug 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   19 Aug 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   19 Aug 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   20 Aug 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.