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flagMayasheel Ventures Ltd

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BSE Code : 94129 | NSE Symbol : MAYASHEEL | ISIN : INE0ZTO01018 | Industry : Infrastructure Developers & Operators |


Company History

Mayasheel Ventures Limited was originally formed as a Partnership Firm in the name and style of 'Mayasheel Construction' pursuant to Deed of Partnership dated May 01, 2008. Mayasheel Construction was thereafter converted from Partnership Firm to a Public Limited Company with the name and style of 'Mayasheel Ventures Limited' and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Centre dated May 30, 2024.

The main focus during the period 2008, was centred on filing and construction of Roads. Further in 2010, Company expanded the operations into a new division, government electrical projects, and it got the first project for 11KV lines at various places in different sectors in Noida, also, it got first projects in infrastructure for resurfacing of Road (P/L BM & BC on kondly road crossing of Sector-57 & 54 to MP-2 Road) Noida.

At present, Company is involved in the business of construction of Roads and Highways for NHIDCL (National Highways & Infrastructure Development Corporation Ltd.) and other Government Departments. It transacts the business to construct, build, alter, convert, improve, design, develop, dismantle, reconstruct all types of constructions works such as technically complex and high value projects like Express ways, National Highways, Flyovers, Bridges. Further, Company is involved in various electrical works, including the construction of electrical power houses, installation of streetlights, and development of transmission lines.

Currently, Company has three project in hand with respect to the Electricals work projects. Since it started the business, it has constructed various roads and national highways such as construction of road over bridge, construction and widening of culvert, construction of drains, improvements and rebuilding of highways, construction of retaining walls on government roads and flyovers.

In 2011, the Company completed project Rs. 31.11 Cr in Civil (Rs. 24.11 Cr.) and Electrical (Rs. 6.99 Cr.) Projects in Local bodies departments. (Noida/Gr. Noida/GDA); completed the project Rs. 51.30 Cr in Civil (Rs. 43.82 Cr.) and Electrical (Rs. 7.48 Cr.) Projects in Local bodies departments. (Noida/GDA in 2014; completed project Rs. 29.76 Cr in Civil (Rs. 27.10 Cr.) and Electrical (Rs. 2.66 Cr.) Projects in Local bodies and State Govt. departments. (HPDA/Gr. Noida/GDA/Irrigation UK) in 2015; completed the project Rs. 57.79 Cr in Civil (Rs. 4.71 Cr.) and Electrical (Rs. 53.08 Cr.) Projects in Local bodies and State Govt./Central Govt. departments in 2016; completed 100.65 Cr in Civil (Rs. 87.72 Cr.) and Electrical (Rs. 12.93 Cr.) Projects in Local bodies and State Govt./Central Govt. departments in 2019; completed Rs.34.69 Cr in Civil (Rs.34.69 Cr.) in State Govt in 2020; completed project Rs. 43.38 Cr in Civil (Rs. 43.38 Cr.) in State Govt./Central Govt. departments. (UP PWD) in 2021; completed he project Rs. 21.32 Cr in Civil (Rs. 21.32 Cr.) in Central Govt. departments. (NH PWD, Arunachal Pradesh) in 2022; completed the project Rs. 185.91 Cr in Civil (Rs. 185.91 Cr.) in 2023.

The Company has come up with a public issue of 58,05,000 Equity Shares having a face value of Rs 10 by raising funds aggregating to Rs 27.28 Crore through fresh issue in June, 2025.

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