How it has done since the IPO
Closing prices since listing: 14 Oct ₹56.55, 15 Oct ₹57.00, 21 Oct ₹54.15, 22 Oct ₹54.00, 23 Oct ₹51.30, 26 Oct ₹48.85, 27 Oct ₹51.25, 28 Oct ₹53.80, 2 Nov ₹56.45, 4 Nov ₹58.00.
| Listing day | 20 Aug 2025 |
| Open / high / low / close | ₹68.00 / ₹68.00 / ₹64.60 / ₹64.60 |
| Shares traded on NSE | 2,49,600 |
| Market value at the listing-day close | ₹143 cr |
Mahendra Realtors & Infrastructure share price, live chart and technicals →
The IPO's journey
Anchor11 Aug
Opens12 Aug
Closes14 Aug
Allotment15 Aug
In demat18 Aug
Listing20 Aug
Subscription
Shares offered and bid, by group
| Investor category | Shares bid for |
|---|
| Institutions (QIB) | 24,40,000 |
| HNI / NII | 7,34,46,400 |
| HNI, above ₹10 lakh | 5,52,59,200 |
| HNI, ₹2–10 lakh | 1,81,87,200 |
| Total | 7,58,86,400 |
NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 14 Aug 2025 19:00.
Who the issue was for
Bids by price
Top price ₹85 99.74%Lower prices 0.3%
Applications from individual investors
22,103 applications in the individual investors' category (bidding for the minimum 2 lots).
NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.
Lot size by investor type
| Application | Lots | Shares | Amount |
|---|
| Individual investor (minimum) | 2 | 3,200 | ₹2,72,000 |
| HNI (minimum) | 3 | 4,800 | ₹4,08,000 |
At ₹85 a share. In SME IPOs individuals must bid for at least 2 lots.
Financials and valuation
| At issue price | Now |
|---|
| Market value | ₹188 cr | ₹128 cr |
| P/E (last 12 months' profit) | 10.3 | 7.0 |
| Revenue, last 12 months | ₹143 cr |
| Profit, last 12 months | ₹18 cr |
| Return on equity | – |
| Debt to equity | – |
From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.
Other recent IPOs: Civil Construction