Mayasheel Ventures Limited, established in 2008 as a partnership firm under the name Mayasheel Construction, transitioned into a Public Limited Company effective May 30, 2024. The company specializes in infrastructure development, focusing on road and highway construction for government bodies such as NHIDCL (National Highways & Infrastructure Development Corporation Ltd.). Its core services include the construction, alteration, design, and improvement of expressways, national highways, flyovers, and bridges, alongside extensive electrical works like power house construction, streetlight installation, and transmission line development.
The company has a track record of delivering high-value and technically complex projects, predominantly for local, state, and central government departments. Over the years, Mayasheel Ventures Limited has successfully completed numerous projects, including civil and electrical works, with project values steadily increasing, peaking at Rs. 185.91 Cr in 2023. Geographically, its activities extend to key regions like Uttar Pradesh, Himachal Pradesh, and Arunachal Pradesh. These projects underscore its capability to handle diverse government contracts and position the company as a prominent player in India's infrastructure and construction sector.
To drive future growth and expand operations, Mayasheel Ventures Limited plans a public fund-raising initiative. The company will issue 58,05,000 equity shares with a face value of Rs. 10 each through a fresh issue, offering potential investors an opportunity to participate in its growth trajectory. This move signals confidence in its business model and the demand for its services in the government-backed infrastructure space.
Mayasheel Ventures Limited's focus on public infrastructure development and consistent project execution makes it a compelling option for traders and investors interested in the infrastructure sector.
