₹1,496.28 Crores | Listing at BSE, NSE | Mon, Jun 2, 2025 - Tue, Jun 17, 2025
Mahindra Lifespace Developers Ltd. Rights Issue comprises 5.82 Cr equity shares aggregating to ₹1,496.28 Cr, offered at an issue price of ₹257 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is May 23, 2025, with the Rights Issue being offered in the entitlement ratio of 3 : 8.
The term of payment is defined as following : The full amount will be payable at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jun 18, 2025.
The Rights Issue opens on Jun 2, 2025, and closes on Jun 17, 2025, with renunciation of Rights Entitlements permitted up to Jun 12, 2025.
The deemed date of allotment is Jun 18, 2025, following which the equity shares are expected to be credited to demat accounts on Jun 19, 2025 and listed at the NSE and the BSE on Jun 20, 2025.
Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Mahindra Lifespace Developers Ltd. Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, May 23, 2025
Entitlement Ratio
3 : 8
Open Date
Mon, Jun 2, 2025
Close Date
Tue, Jun 17, 2025
The full amount will be payable at the time of application.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 0.00 | 0.00 |
| Revenue | 18,463.10 | 15,796.85 |
| Profit After Tax | 2,260.87 | 1,943.05 |
| Net Worth | 21,529.46 | 19,933.25 |
| Reserves and Surplus | 0.00 | 0.00 |
| Total Borrowing | 0.00 | 0.00 |
| Amount in ₹ Crore | ||
Incorporated in 1994, Mahindra Lifespace Developers Limited (MLDL) is a prominent Indian real estate and infrastructure development company.
As part of the Mahindra Group, MLDL embodies the group's 'Rise' philosophy, focusing on sustainable urban development across India.
Mahindra Lifespace Developers Limited (MLDL) operates through three strategic business verticals, each aligned with India’s evolving urban and industrial development needs. Mahindra Residences delivers well-planned residential projects across major cities like Mumbai, Pune, Bengaluru, Chennai, and Hyderabad, emphasizing comfort, sustainability, and thoughtful urban design.
Mahindra World City builds integrated business ecosystems in Chennai and Jaipur, blending industrial zones with housing, education, healthcare, and leisure. Origins by Mahindra caters to manufacturing and logistics sectors by developing specialized industrial clusters, supporting economic growth and job creation in emerging industrial corridors.
The Company intends to utilize the Net Proceeds from the Issue towards funding of the following objects:
[Dilip Davda] MLDL is a Mahindra Group company and is a pan-India real estate developer. It’s a dividend paying company and posted profits for the last two fiscals. It has many ongoing projects and is planning acquisitions in the segment to scale its operations. Based on financial performance, the issue appears fully priced. Investors may park funds for medium to long term. Read detail review...
Mahindra Lifespace Developers Rights Issue 2025 got oversubscribed by 1.46 times by the end of the bidding period with total bid quantity received by BSE and NSE of 8,48,61,229 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Jun 17 2025 17:00:00 | 6,89,96,447 | 1,58,64,782 | 8,48,61,229 | 1.46x |
Mahindra Lifespace Developers Ltd.
5 th Floor,
Mahindra Towers, Road No. 13,
Worli, Mumbai, - 400 018
Mumbai, Maharashtra, 400018
The Mahindra Lifespace Developers Rights Issue 2025 opens on Mon, Jun 2, 2025, and closes on Tue, Jun 17, 2025.
Mahindra Lifespace Developers Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Mon, May 26, 2025 |
| Last Date for renunciation of Rights Entitlements | Thu, Jun 12, 2025 |
| Issue Opening Date | Mon, Jun 2, 2025 |
| Issue Closing Date | Tue, Jun 17, 2025 |
| Date of Allotment (on or about) | Wed, Jun 18, 2025 |
| Date of Credit (on or about) | Thu, Jun 19, 2025 |
| Date of Listing (on or about) | Fri, Jun 20, 2025 |
You can apply for Mahindra Lifespace Developers Rights Issue 2025 in two ways:
Steps to apply for Mahindra Lifespace Developers Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Mahindra Lifespace Developers Rights Issue 2025 using Registrar's website (R-WAP)
