Mahendra Realtors & Infrastructure IPO — Listing Performance

Mahendra Realtors & Infrastructure IPO facts & figures

Issue categorySME
Issue open date12 Aug 2025
Listing date20 Aug 2025
Overall subscription25.2x
Issue price₹85
Listing-day close₹64.60 (-24%)
Recent market price₹72.40 (-14.82% vs issue)
52-week range₹29.10 – ₹79.75
IdentifiersNSE: MRIL · ISIN: INE632Q01018

How the listing went

Mahendra Realtors & Infrastructure listed at a discount, closing its first day 24% below the issue price, on strong subscription of 25.2x.

Mahendra Realtors & Infrastructure against every other debut on record

  • Rank in 2025: 209 of 215 NSE debuts, on a -24% first-day close.
  • 3rd percentile of 116 SME debuts in 2025 (median 6.52%).
  • 31st of 31 debuts in August 2025.
  • Subscribed 25.2x: 63rd percentile of 165 SME issues with a figure; the 12 subscribed between 20 and 50 times closed day one a median 1.64%.
  • Opened 20% below issue, then gave up 4 points to the close.
  • Day-one range ₹64.60 to ₹68: a 4% swing on the issue price.
  • Last close ₹72.40 (11 Sep 2026): 14.82% below issue, against -24% on day one.
  • 85% up its 52-week range of ₹29.10 to ₹79.75.
  • Priced at the top of the ₹75 to ₹85 band.
  • Listed 6 calendar days after close.
  • All 601 SME debuts on record: median 14.22%, 79% closed above issue.

Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources

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