Mahindra Lifespace Developers Ltd Right Issue

₹1,496.28 Cr BSE, NSE 2 Jun 2025 – 17 Jun 2025

Closed Ratio: 3 : 8 BSE, NSE
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Issue Price
₹257.00
Face Value
₹10.00
Issue Size (Shares)
58,220,901
Issue Size (₹ Cr.)
₹1,496.28
📅 Right Issue Timetable
Last Date to Buy SharesThu, May 22, 2025
Record DateFri, May 23, 2025
Credit of Rights EntitlementsMon, May 26, 2025
Bid/Offer Opens OnMon, Jun 2, 2025
Issue Open DateMon, Jun 2, 2025
Renunciation Last DateThu, Jun 12, 2025
Bid/Offer Closes OnTue, Jun 17, 2025
Issue Close DateTue, Jun 17, 2025
Deemed Date of AllotmentWed, Jun 18, 2025
Credit DateThu, Jun 19, 2025
Listing DateFri, Jun 20, 2025
📋 Right Issue Details
Issue Size (Shares)58,220,901
Issue Size (Amount)₹1,496.28 Cr.
Issue Price₹257.00 per share
Face Value₹10.00 per share
Entitlement Ratio3 : 8
Listing AtBSE, NSE
Terms of PaymentThe full amount will be payable at the time of application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income18,463.1015,796.85
EBITDA
Net Worth21,529.4619,933.25
Reserves & Surplus0.000.00

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Repayment and/or prepayment, in full or part, of all or a portion of certain borrowings availed by the Company.
2Funding acquisitions of unidentified future real estate projects, land parcels, land development rights (including FSI premia) as a part of regular business and general corporate purposes.
🏢 About the Company
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.
📞 Company Contact
CompanyMahindra Lifespace Developers Ltd
Address5 th Floor,
Mahindra Towers, Road No. 13,
Worli, Mumbai, - 400 018
Mumbai, Maharashtra, 400018
Phone912267478600
Emailinvestor.mldl@mahindra.com
WebsiteVisit ↗
📝 Registrar
NameKfin Technologies Ltd
Phone040-79615565
Emailmahindralifespace.rights@kfintech.com
WebsiteVisit ↗