News Details

( As on 13/06/2025 07:01)

Mayasheel Ventures announces launch of initial public offering

Mayasheel Ventures Ltd. has announced public offering of 5805000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 37.00 per share. The gross proceeds of the issue are expected to be Rs 2,728.35 lakhs.

The company's initial public offer (IPO) will open on 20 June 2025 and is expected to close on 24 June 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 44.00-47.00 per share.

The IPO includes a fresh Issue of 5805000 Equity Shares of the Company at an price of Rs 47.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.

Mayasheel Ventures Ltd. anticipates using the proceeds of the issue for .

Narnolia Financial Services Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.