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( As on 08/08/2025 21:30)

Mahendra Realtors announces launch of initial public offering

Mahendra Realtors & Infrastructure Ltd. has announced public offering of 5817600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 75.00 per share. The gross proceeds of the issue are expected to be Rs 4,944.96 lakhs.

The company's initial public offer (IPO) will open on 12 August 2025 and is expected to close on 14 August 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 75.00-85.00 per share.

The IPO includes a fresh Issue of 5817600 Equity Shares of the Company at an price of Rs 85.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 800 shares with bids in multiples of 800.

Mahendra Realtors & Infrastructure Ltd. anticipates using the proceeds of the issue for .

Fast Track Finsec Pvt. Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.