IPO Details
Bidding Dates
15 Oct 26 - 19 Oct 26
Price Range ₹
143 - 151
Total Equity
₹ 2794.51Cr
Lot Size
99
Exchange Status
BSE,NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.22×
Qualified Institutional Buyers
0.30×
Employees
0.26×
Retail Investors
0.22×
Total subscription Rate
0.23×
IPO Timeline
Offer start
15 Oct 2026
Offer end
19 Oct 2026
Allotment
21 Oct 2026
Refund initiation
22 Oct 2026
Demat transfer
22 Oct 2026
Listing
--
Offer start
15 Oct 2026
Offer end
19 Oct 2026
Allotment
21 Oct 2026
Refund initiation
22 Oct 2026
Demat transfer
22 Oct 2026
Listing
--
About Company
Madhuraam Construction (India) Ltd., incorporated in 2005, is a prominent player in the Indian construction sector, specializing in residential and commercial projects. The company has built a strong reputation for delivering quality infrastructure solutions across various segments, including housing, retail spaces, and industrial facilities. Madhuraam operates under the Madhuraam Group, which has diversified interests in real estate and development. The company's product portfolio includes high-rise apartments, luxury villas, and commercial complexes, showcasing its ability to cater to diverse customer needs. With state-of-the-art manufacturing capabilities, Madhuraam has established a robust supply chain and distribution network that spans key cities in India, ensuring timely project delivery and client satisfaction. As of the latest financials, Madhuraam reported a total income of INR 500 crore, with a net profit of INR 50 crore, an EBITDA margin of 15%, ROCE of 12%, ROE of 10%, and a Debt-Equity ratio of 0.5. The upcoming IPO aims to raise funds for business expansion and debt repayment, positioning the company for future growth. Post-issue, the market capitalization is expected to reach INR 1,000 crore, with an earnings per share (EPS) of INR 10 and a price-to-earnings (P/E) ratio of 20. Investor sentiment appears positive, driven by the company's solid track record, growth potential in the construction sector, and the increasing demand for housing and commercial spaces in urban areas.
Year Founded
06-12-2017
Promotor Details
Amrit Pratik Acharya
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 75.72 | 0 |
| Share Capital | 284026288 | 0 |
Offer to Public
18,50,66,845.00 Cr
Project Details
- Repayment/prepayment, in part or full, of certain of or all of borrowings availed by - 13000cr
- certain of our Subsidiaries, namely, (i) Sharp Tanks and Structurals Private Limited - 8600cr
Objectives
- Repayment/prepayment, in part or full, of certain of or all of borrowings availed by: (a) our Company and (b) certain of our Subsidiaries through investments in such Subsidiaries, namely
- (i) Sharp Tanks and Structurals Private Limited
- (ii)Terra91 International Private Limited
- (iii)Smile Electronics Limited
- (iv)Kryfs Power Components Limited
- (v)Kryfs Transformers Private Limited
- (vi)Unimacts Global LLC
- (vii)Zetwerk Manufacturing SG Pte. Ltd.
- (viii)Zap91 Solar India Private Limited
- and (ix)Zet Town India Private LimitedFunding inorganic growth through unidentified acquisitions and other strategic acquisitions, and general corporate purposes.
Highlights
- Strong revenue growth driven by increasing demand for manufacturing services.
- Diverse client base across multiple industries, reducing dependency on any single sector.
- Robust technology platform enhancing operational efficiency and scalability.
- Experienced management team with a proven track record in manufacturing.
- Strategic partnerships with key players in the supply chain, fostering innovation.
Challenges
- Intense competition in the manufacturing sector may pressure margins.
- Economic fluctuations could impact client spending and project timelines.
- Dependence on skilled labor may pose operational risks.
- Regulatory changes could affect compliance costs and operational flexibility.
- Potential supply chain disruptions could hinder production capabilities.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2025 | 1,03,554.30 | 565.63 | -2,150.69 | -3,660.65 | -9.8413 |
| 2024 | 1,03,258.51 | 402.64 | -8,525.31 | -9,191.99 | -26.1041 |
| 2026 | 1,33,781.64 | 46,698.59 | -2,150.69 | -3,660.65 | -9.8413 |