The company has established a price band from RS 75 to RS 85 per share, with much size of 1,600 shares. Retail investors can request at least two parties (3,200 shares). According to market observers, the Gray Market Premium (GMP) is currently around 7% for the issue
The provisional basis for the allocation will be completed on August 18, with repayments and credit of shares in Demat accounts expected on August 19. List on NSE SMEs is scheduled for August 20.
Fast Track Finnec is the Book-Running Lead Manager and MUFG Intime India (Link Intime) is the registrar of the issue.
Mahendra Realtors specializes in structural repairs, rehabilitation, adjustment, waterproofing, business interiors, bone projects and recovery of infrastructure.
The company has executed high-profile projects such as repairs for CIDCO’s Vashi and Belapur railway stations, retrofitting at Ghatkopar with IIT Bombay certification, and interiors for institutions like IIT Bombay, Airport Authority of India, VVIP Circuit House in Pune, and SVP Hospital in Ahmedabad.With over 200 projects completed for more than 50 clients, the company operates across multiple states, including Maharashtra, Gujarat, Goa, Andhra Pradesh, Tamil Nadu en Delhi.financieel, Mahendra Realtors rapporteerde een toename van 22% in de omzet tot Rs 128,69 crore in FY25, met winst After the load from 28% to RS 14.87 Crore.
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