Mahamaya
Press Release

By Publisher Team

Press Release: Mahamaya Lifesciences Announces ₹70.44 Crore IPO; Opens November 11, 2025

Testing

Mahamaya Lifesciences Limited (“the Company”), a leading manufacturer and exporter of crop protection products and bioproducts, has announced the launch of its Initial Public Offering (IPO) to raise ₹70.44 crores through a Book Building issue.

IPO Price & Market Lot Structure

  • Fresh Issue: 53,29,200 shares (aggregating up to ₹60.75 Cr)
  • Offer-for-Sale: 5,40,000 shares of ₹10 (aggregating up to ₹6.16 Cr)
  • Price Band: ₹108 – ₹114 per share (Face value ₹10 each)
  • Lot Size: 1,200 shares
  • Minimum Retail Investment: ₹2,73,600 for 2 lots (2,400 shares)
  • Minimum S-HNI Investment: ₹4,10,400 for 3 lots (3,600 shares)
  • Anchor Investor Portion: Activated on November 10, 2025, raising ₹19.97 crores.

Issue Allocation Breakdown

Category

Shares Offered

% of Issue

QIB

29,28,000

47.39%

NII / HNI

8,82,000

14.27%

Retail Investors

20,59,200

33.33%

Market Maker

3,09,600

5.01%

Utilization of Net Proceeds

  • Equipment for Existing Formulation Plant: ₹3.75 Cr
  • New Technical Manufacturing Plant Capex: ₹29.42 Cr
  • Warehouse Construction & Machinery: ₹2.53 Cr
  • Working Capital: ₹18.00 Cr
  • General Corporate Purposes: Balance

About the Company & Global Reach

Incorporated in 2002, Mahamaya Lifesciences is engaged in manufacturing, registration, and export of pesticide formulations and branded bioproducts. The Company supplies bulk formulations to leading Indian agrochemical brands and multinational corporations, holding global product registrations in countries including Dominican Republic, Egypt, Ethiopia, Jordan, UAE & Turkey.

Key Products include Acetamiprid, Buprofezin, Emamectin Benzoate, Imidacloprid & Paraquat Dichloride in multiple technical & formulation variants.

Financial Performance (Restated Consolidated)

  • FY 2024–25 Revenue: ₹267.17 Cr (64% YoY growth) | PAT: ₹12.94 Cr (148% YoY growth)
  • EBITDA Margin: 9.22% | RoE: 34.94% | RoCE: 23.15%
  • FY 2023–24 Revenue: ₹162.83 Cr | PAT: ₹5.22 Cr

“This IPO strengthens our vision to enhance India’s food security through innovation in crop protection, while expanding our capacity to serve global agriculture.”

— Managing Director, Mahamaya Lifesciences Ltd.