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15 Days Price Change

Mahendra Realt&Infra IPO

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Profile
Issue Size 49.45 Cr
Profile
Price Range 75  to  85 per share
Profile
Min Investment ₹85
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Our Company is engaged in providing a wide variety of services including but not limited to Structural Repairs, Rehabilitation, Retrofitting, Water Proofing, Corporate Interior, Build-Operate-Transfer (BOT) Projects, Maintenance, Construction, Infrastructure Restoration etc. We have undertaken several Structural repairs projects for various government departments and public sectors organizations, for example, Structural Repairs projects at CIDCO Vashi Railway Station and Belapur Railway Station undertaken by deploying various latest innovative techniques viz. Polymer Modified Mortar, micro concrete, Injection Grouting, Texture, Huge waterproofing with heat insulation etc. ,structural repairs at Ghatkopar wherein Structural Stability Certificate was issued by IIT Bombay, in which Steel Jacketing was carried out along with Fabre wrapping, External Repairs, Retrofitting and Restoration works at SBI Harbour heights etc. Further, we have successfully completed various corporate interior projects at IIT Bombay, Airport Authority of India, VVIP Circuit house, Pune, SVP Hospital at Ahmedabad and likewise other major projects. We have an overall track record of completion of more than 200 projects for over 50 clients and an average rate of completion of projects within the allotted time. Read More

Basic Info

Face Value 10 per share

Price 75  to  85 per share

P/E (x) 9.9

Sales( Cr.) 125

PAT( Cr.) 15

EPS 8.6

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Hemanshu Shah Bhavesh Mahendrakumar Shah Chandrika Mahendra Shah Hetal Bhavesh Shah Varsha Hemanshu Shah

Pre Issue Share Holding 100%

Post Issue Share Holding 73.68%

Listing Details:

Listing Price: 68

Listing Gain: -25%

Current Price: 39.9

Gain On Issue: 39.9 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Aug 12, 2025
Closing Date Aug 14, 2025
Allotment Aug 15, 2025
Refund Aug 18, 2025
Delivery of Shares Aug 18, 2025
Listing Date Aug 19, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3200 272,000
Retail (Max) -- -- --
S-HNI (Min) 1 3200 272,000
S-HNI (Max) 3 9600 816,000
B-HNI (Min) 4 12800 1,088,000

Objective of the Issue

1. To meet out the Working Capital requirements of the Company. 2. To meet the General Corporate Purposes. 3. To meet the Issue Expenses.

Issue

Category Nos Bid Bid (x)
QIB 0 2440000 0x
NII 0 73446400 0x
Retail 0 70729600 0x
EMP 0 0 0x
Total 0 146616000 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Mahendra Realt&Infra Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 43 34 39 51 96 114 68 93 63 101 125
Other Income 1 1 3 1 3 2 2 3 3 4 4
Total Income 44 36 42 53 99 116 70 95 66 105 129
Total Expenditure 41 33 38 48 89 104 58 83 57 88 107
Operating Profit 3 3 4 5 10 12 12 13 9 17 22
Interest 1 1 1 1 1 1 2 2 3 1 1
Depreciation 0 0 0 0 0 0 1 1 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 2 3 4 8 10 10 10 6 15 20
Provision for Tax 1 1 1 1 2 2 2 2 2 4 6
Profit After Tax 1 1 1 3 6 8 7 7 4 12 15
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 1 3 6 8 7 7 4 12 15
Adjusted Earnings Per Share 0.7 0.8 0.7 1.6 3.5 4.6 4.1 4.2 2.3 6.7 8.6

Mahendra Realt&Infra Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 6 8 9 12 18 26 33 40 44 56 71
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 3 3 3 2 5 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 1 0 0 -0 3 11 12 12 13
Total Current Liabilities 13 19 20 21 46 59 49 43 42 25 53
Total Liabilities 22 30 33 35 69 85 85 94 98 93 137
Fixed Assets 0 0 0 0 3 3 3 3 2 3 2
Other Non-Current Assets 1 2 1 2 2 3 4 13 40 58 65
Total Current Assets 21 28 32 33 64 78 78 78 56 32 70
Total Assets 22 30 33 35 69 85 85 94 98 93 137

Mahendra Realt&Infra Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 25 4 5 4 20 0
Cash Flow from Operating Activities 0 0 0 0 0 -2 3 6 10 22 -6
Cash Flow from Investing Activities 0 0 0 0 0 -0 -4 -12 10 -13 -3
Cash Flow from Financing Activities 0 0 0 0 0 5 1 6 -4 -29 11
Net Cash Inflow / Outflow 0 0 0 0 0 3 0 -1 16 -20 2
Closing Cash & Cash Equivalent 0 0 0 0 0 28 5 4 20 0 2

Mahendra Realt&Infra Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.71 0.84 0.68 1.61 3.52 4.62 4.12 4.25 2.33 6.66 8.55
CEPS(Rs) 0.84 0.95 0.83 1.69 3.65 4.86 4.45 4.63 2.48 6.81 8.69
DPS(Rs) 0 0.07 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 3.58 4.45 5.14 6.74 10.26 14.88 19 23.25 25.57 32.24 40.79
Core EBITDA Margin(%) 4.56 4.26 2.55 7.01 7.3 8.27 14.46 10.91 9.5 13.18 14.41
EBIT Margin(%) 6.67 8.08 8.33 9.07 9.72 9.94 16.98 13.01 13.91 16.49 17.36
Pre Tax Margin(%) 4.91 6.07 6.72 7.86 8.76 9.07 14.24 10.57 9.79 15.25 16.41
PAT Margin (%) 2.9 4.29 3.03 5.44 6.35 7.05 10.57 7.97 6.41 11.41 11.91
Cash Profit Margin (%) 3.45 4.85 3.67 5.72 6.59 7.41 11.41 8.68 6.84 11.67 12.1
ROA(%) 6.05 5.55 3.74 8.19 11.74 10.43 8.45 8.27 4.21 12.14 12.93
ROE(%) 22.06 21.01 14.24 27.08 41.38 36.72 24.32 20.11 9.53 23.05 23.43
ROCE(%) 25.81 18.79 17.61 26.68 42.12 29.54 23.15 19.22 11.54 24.25 29.4
Receivable days 50.46 52.72 29.1 23.12 39.89 60.88 91.21 55.47 83.15 48.16 79.12
Inventory Days 1.52 20.64 38.94 35.04 20.03 16.99 38.18 37.35 35.69 11.33 19.51
Payable days 263.1 193.84 242.95 212.74 212.79 0 188.49 209.77 82.7 193.51 251.81
PER(x) 0 0 0 0 0 0 0 0 0 0 0
Price/Book(x) 0 0 0 0 0 0 0 0 0 0 0
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) -0.03 -0.01 -0.15 -0.15 -0.14 -0.03 -0.26 -0.05 0.16 0.21 0.24
EV/Core EBITDA(x) -0.43 -0.12 -1.63 -1.64 -1.45 -0.32 -1.46 -0.4 1.14 1.27 1.39
Net Sales Growth(%) 58.54 -19.59 14.41 31.44 87.48 18.17 -40.48 36.73 -31.99 61.04 22.94
EBIT Growth(%) 36.33 -2.64 18.01 43.15 100.74 20.86 1.71 4.76 -27.29 90.9 29.47
PAT Growth(%) 26.26 18.73 -19.06 135.64 118.75 31.18 -10.74 3.13 -45.27 186.51 28.4
EPS Growth(%) 26.26 18.73 -19.06 135.64 118.75 31.18 -10.74 3.12 -45.27 186.52 28.4
Debt/Equity(x) 0.71 1.42 1.04 0.43 0.55 0.89 0.53 0.85 0.73 0.09 0.22
Current Ratio(x) 1.55 1.46 1.56 1.58 1.39 1.33 1.59 1.82 1.34 1.27 1.32
Quick Ratio(x) 1.54 1.26 1.34 1.33 1.27 1.24 1.4 1.59 1.28 1.11 1.14
Interest Cover(x) 3.79 4.03 5.17 7.47 10.12 11.43 6.19 5.33 3.38 13.36 18.29
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 24% 10% 2% 11%
Operating Profit CAGR 29% 19% 13% 22%
PAT CAGR 25% 29% 13% 31%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 23% 19% 20% 24%
ROCE Average 29% 22% 22% 24%

Company Contact Information

Mahendra Realtors & Infrastructure Ltd.

Niharika Kothari

91 9082850343

info@mripl.net

603 , Quantum Tower Ram Baug, Opp Dal Mill Off S V Road, Malad (West)

IPO Lead Manager(s)

Mahendra Realtors & Infrastructure Ltd.

Fast Track Finsec Pvt Ltd.

Registrar Info

Mahendra Realtors & Infrastructure Ltd.

MUFG Intime India Pvt Ltd.

C 101, 247 Park, LBS Marg, Vikhroli (W), Mumbai (Old Address:) C-13 Pannalal Silk Compound, L B S Marg, Bhandup Mumbai Maharashtra

+91 810 811 8484

91-022-49186060

rnt.helpdesk@in.mpms.mufg.com

https://in.mpms.mufg.com/

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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