What we do Mayasheel Ventures Ltd specializes in road and highway construction and electrical infrastructure projects for government bodies. |
Founded in 2,008 |
Market share Active in key Indian states with ongoing projects; recognized government contractor in roads and electrical sectors. |
Problem solved Provides critical infrastructure development addressing transportation and power distribution needs in India. |
Top clients or who we serve Government departments including NHIDCL and state PWDs; B2G focus. |
Key management Amit Garg (MD, B. Com, 15+ years in road construction), Anil Kumar Garg (WTD, BE Civil, 35+ years government experience), Meenu Garg (Executive Director). |
Our journey and innovations Started as partnership in 2008, converted to public company in 2024, grew from road construction to electrical projects with multiple major government contracts. |
Where we operate Key Indian states including Uttar Pradesh, Assam, Arunachal Pradesh, Manipur, Nagaland. |
Top products or what we offer Roads, highways, flyovers, electrical power houses, streetlight installation, transmission lines. |
Top brands - |
Raw materials needed Construction raw materials like asphalt, cement, steel; electrical components. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is project-based and cyclical, tied to government infrastructure spending. |
Our industry position Established government contractor with expanding footprint in civil and electrical infrastructure sectors. |
Financial highlights Revenue of Rs. 171.01 Cr and Net Profit of Rs. 11.33 Cr for FY 2023-24. |
Geographical revenue split Major revenue from Assam (Rs. 92 Cr), Nagaland (Rs. 70 Cr), and other North-Eastern states and Uttar Pradesh. |
Order book - |
Whats driving growth Government investment in highways and electrical infrastructure drives growth. |
Our future plans Expanding project portfolio in roads and electrical sectors, capital raised through public equity issue in 2025. |
Our green promise - |
Our people and values Leadership team with extensive industry experience and strong promoter involvement. |
Key challenges ahead Dependence on timely government payments and project execution risks. |
Interesting facts Transitioned from a partnership to public listed entity within 17 years with strong promoter shareholding. |
Risks and strategy Mitigates project and cash flow risks via government contracts and diversified project locations. |
