The Mahendra Realtors IPO introduces investors to a Mumbai-based company specializing in structural repairs, rehabilitation, waterproofing, corporate interiors, BOT projects, maintenance, construction, and infrastructure restoration. Founded in 2007, the company has a solid track record executing projects for government entities like CIDCO and railway stations, and notable ventures such as the BOT project Sharad Pawar Bhavan. The Mahendra Realtors IPO, opening on August 12, 2025, aims to raise approximately ₹49.45 crore through a fresh issue and offer for sale, with a price band of ₹75 to ₹85 per share.
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Expert Opinions
The Mahendra Realtors IPO is garnering positive market sentiment within India’s robust infrastructure sector, fueled by government initiatives and sustained demand for construction and infrastructure services. The company’s strengths lie in its established Mumbai presence, specialization in structural repairs, rehabilitation, waterproofing, and BOT projects, backed by a strong order book and proven execution capability.
For FY 2025, Mahendra Realtors reported solid financial metrics with a Return on Equity (ROE) of 23.05%, Return on Capital Employed (ROCE) of 29.87%, and a Net Asset Value (NAV) of ₹40.79, indicating robust profitability and asset strength. Risks include competitive bidding pressures, reliance on government contracts, and regulatory uncertainties within the infrastructure sector. From a long-term investment perspective, the Mahendra Realtors IPO offers investors a chance to participate in India’s infrastructure growth story, making it suitable for those seeking steady growth aligned with sector expansion while bearing typical project execution risks.
Investor Considerations
The Mahendra Realtors IPO highlights a company with strong fundamentals and consistent performance, reporting FY 2025 revenues of ₹124.77 crore and a PAT margin of 11.41%. Financially, it is robust with a low debt-to-equity ratio of 0.09 and a Price to Book Value of 2.64, demonstrating prudent capital management and moderate valuation relative to peers. The infrastructure sector in India is promising, driven by heavy government investment and a surge in demand for construction and rehabilitation services.
Mahendra Realtors’ growth is supported by its established execution track record, government clientele, and ongoing projects. However, key risks include intense competition, dependency on large government contracts, and regulatory uncertainties that could impact future cash flows. For investors, long-term prospects are compelling due to India’s infrastructure growth plans, while short-term investors should weigh sector volatility and the company’s project-based revenue model before investing in the Mahendra Realtors IPO.
| Date | GMP | Trend |
|---|---|---|
| 19 Aug 2025 10.51 | ₹00 | --- |
| 18 Aug 2025 10.55 | ₹00 | --- |
| 17 Aug 2025 12.32 | ₹00 | --- |
| 15 Aug 2025 11.37 | ₹00 | --- |
| 14 Aug 2025 15.38 | ₹00 | Down |
| 13 Aug 2025 10.48 | ₹8 | Up |
| 12 Aug 2025 10.42 | ₹5 | --- |
| 11 Aug 2025 10.58 | ₹5 | --- |
| 10 Aug 2025 14.50 | ₹5 | --- |
| 09 Aug 2025 12.24 | ₹5 | --- |
| 08 Aug 2025 19.42 | ₹5 | Up |
| 07 Aug 2025 12.35 | ₹00 | --- |
| 06 Aug 2025 18.12 | ₹00 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting Mahendra Realtors IPO’s listing performance. With a final GMP of ₹0, it projected no listing gain over the issue price of ₹85. The stock listed at ₹68, delivering a loss of 20%. This resulted in a moderate prediction error of 20%, where the GMP correctly signaled a negative listing but underestimated the actual loss, reflecting fair reliability in this case.
Mahendra Realtors IPO Current GMP is ₹00.
Mahendra Realtors IPO Expected Returns is 0.00%.
Mahendra Realtors IPO estimated listing price is ₹85.