Mayasheel Ventures

Mayasheel Ventures received a letter of acceptance from the Greater Noida Industrial Development Authority for construction of the main RCC drain with cover for 60-metre and 45-metre wide roads at Sector Kappa-2 in Greater Noida. The EPC contract was valued at about ₹38.23 crore excluding GST with a 12-month execution period, awarded through a tender as the lowest evaluated responsive bid at 1.2% below the cost estimate. The company had emerged as the lowest bidder for the same Kappa-2 drain work in September at the same value. It was the second NCR urban-infrastructure win in quick succession after a ₹20.83 crore Noida drain order in late September, alongside a ₹17.94 crore Jammu precast culvert subcontract. Mayasheel earned revenue of about ₹171 crore in the year to March, almost entirely from road and highway construction concentrated in Assam and Nagaland, and carried an order book of about ₹202 crore.

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Mayasheel Ventures received a letter of acceptance from the New Okhla Industrial Development Authority for construction of an RCC drain along the expressway from JP Flyover to the Sector-105 underpass in Noida. The contract was valued at Rs 20.83 crore excluding GST and carried a nine-month execution period on an engineering, procurement and construction basis after the company's bid was accepted as the lowest at 12.6% below tender rates. The award followed a Rs 17.94 crore precast box-culvert subcontract in Jammu disclosed on 24 September 2026 and a Rs 38.23 crore Greater Noida drain tender where the company was declared the lowest bidder on 22 September 2026. Jobs of this size sat within the company's recorded Rs 5 crore to Rs 40 crore band for subcontracts and urban infrastructure work. Mayasheel reported revenue of Rs 171 crore in the year to March 2025 with an order book of about Rs 201.6 crore concentrated in highway packages in Assam and Nagaland.

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Oct 1 (Reuters) - Mayasheel Ventures Ltd MAYS.NS:

• GETS LOA FOR ORDER WORTH 208.3 MILLION RUPEES

Source text: ID:nNSE3KxC5f

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Mayasheel Ventures received a Rs 1,793.60 lakh subcontract work order from A&T Infracon Private Limited for manufacture, supply, erection and delivery of precast RCC box culverts in the Jammu sector. The work related to a border fencing, bundh and road package and was to be executed within 12 months from the work order date. The company's revenue was Rs 17,100.81 lakh in the year to March 2025, with road and highway construction accounting for about 99% of the total. Its order book stood at Rs 20,160 lakh at the end of March 2025, concentrated in highway packages in Assam and Nagaland. A Rs 4,000 lakh subcontract from BP Construction was awarded in December 2025, and the company was declared the lowest bidder for a Rs 3,823.19 lakh Greater Noida drain project on 22 September 2026.

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Sept 24 (Reuters) - Mayasheel Ventures Ltd MAYS.NS:

• GOT WORK ORDER VALUED AT 179.4 MILLION RUPEES

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Mayasheel Ventures was declared the lowest (L1) bidder for a Greater Noida Industrial Development Authority contract to construct a main RCC drain with cover along 60-metre and 45-metre wide roads in Sector Kappa-2 (Multi Modal Logistics Park), Greater Noida. The bid value was ₹3823.19 lakhs and the award remained subject to issuance of a letter of acceptance or work order and execution of an agreement. Sub-contracts ranged around ₹500 lakhs to ₹4000 lakhs, with larger highway packages clustering between ₹2000 lakhs and ₹15000 lakhs. Revenue was ₹17100.81 lakhs in the year to March 2025, almost entirely from road and highway construction for government clients concentrated in Assam and Nagaland, and the order book stood at ₹20160 lakhs at the end of March 2025.

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Sept 1 (Reuters) - Mayasheel Ventures Ltd MAYS.NS:

• MAYASHEEL VENTURES LTD - ENTERS BUILDING CONSTRUCTION SEGMENT

• MAYASHEEL VENTURES LTD - SPG INFRA PROJECTS AWARDS 49% OF PROJECT TO CO FOR 571.4 MILLION RUPEES

Source text: ID:nNSE9bVLcz

Further company coverage: MAYS.NS

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