Mason Infratech IPO Details: Mason Infratech has announced the dates for its upcoming IPO, scheduled to open on June 24 and conclude on June 26. This IPO, listed on the NSE SME platform, aims to raise ₹30.46 crores. The price band for the Mason Infratech IPO has been set between ₹62 to ₹64 per share, with a market lot size of 2000 shares.
Specializing in both residential and commercial construction, Mason Infratech is renowned for its expertise in civil contracting, alongside a focus on lifestyle and high-value standalone projects. Their approach integrates the latest industry standards, ensuring they remain at the forefront of technological advancements in construction. They are known for their customized approach, tailoring services to meet the unique demands of each project. From initial planning through to post-construction services, they offer a comprehensive suite of solutions encompassing design, procurement, and execution.
Their portfolio includes residential buildings, corporate offices, and commercial structures, encompassing concrete and composite steel constructions, as well as MEP and finishing works. Operating primarily within the Mumbai Metropolitan Region (MMR), they emphasize long-term client relationships built on trust and exceptional performance. This commitment is underpinned by their skilled team’s ability to implement innovative solutions that effectively address project-specific challenges, ensuring sustained growth and client satisfaction.
Mason Infratech IPO Objectives:
The company intends to utilize the proceeds of the issue to meet the following objects:
- To meet the working capital requirements.
- General corporate purposes
Mason Infratech IPO Review (Apply or Not)
- Update Soon
Mason Infratech IPO Date & Price Band Details:
| IPO Open: | June 24, 2024 |
| IPO Close: | June 26, 2024 |
| IPO Size: | Approx ₹30.46 Crores, 4,760,000 Equity Shares |
| Fresh Issue: | Approx ₹30.46 Crores, 4,760,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹62 to ₹64 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Mason Infratech IPO Lot Size:
The minimum market lot for the Mason Infratech IPO consists of 2000 shares, requiring an application amount of ₹128,000. This structure ensures that investors participate in the offering with a specified minimum investment threshold.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹128,000 |
| Retail Maximum | 1 | 2000 | ₹128,000 |
| S-HNI Minimum | 2 | 4000 | ₹256,000 |
Mason Infratech IPO Timeline:
The Mason Infratech IPO is scheduled to open on June 24 and will close on June 26. The allotment of IPO shares is expected to take place on June 27, with the possibility of the IPO being listed on July 1.
| IPO Open Date: | June 24, 2024 |
| IPO Close Date: | June 26, 2024 |
| Basis of Allotment: | June 27, 2024 |
| Refunds: | June 28, 2024 |
| Credit to Demat Account: | June 28, 2024 |
| IPO Listing Date: | July 1, 2024 |
Mason Infratech IPO GMP Today:
The Grey Market Premium (GMP) for Mason Infratech SME IPO stands at ₹15. With the IPO’s price band set at ₹62 to ₹64, the estimated listing price is anticipated to be around ₹79 per share (₹64 (upper price band) + ₹15 (GMP)). This suggests a potential gain of approximately 23.44% per share upon listing.
Mason Infratech Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹3.50 | ₹3.40 | ₹0.08 |
| 2022 | ₹30.11 | ₹28.45 | ₹1.52 |
| 2023 | ₹64.06 | ₹59.94 | ₹3.37 |
| Dec 2023 | ₹42.02 | ₹37.66 | ₹3.16 |
Mason Infratech IPO Valuation – FY2023
Check Mason Infratech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.68 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 51.32% |
| Net Asset Value (NAV): | ₹6.37 per Equity Share |
Peer Group
- Capacit’e Infraprojects Limited
- Atal Realtech Ltd
Company Promoters
- Asit Thakkar Dattani
- Ashutosh Juthani
- Smeet Thakkar Dattani
Mason Infratech IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: masoninfra.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Mason Infratech IPO Allotment Status
Check Mason Infratech IPO allotment status on Kfin Technologies website URL. Click Here
Mason Infratech IPO Lead Managers aka Merchant Bankers
- Expert Global Consultants Private Limited
Company Address
Mason Infratech Limited
Flat No. 103, Imperia, Mahavir Millenium
Vasant Vihar, Pokhran Road, No. 2
Thane – 400610
Phone: +91 88288 24599
Email: info@masoninfra.com
Website: https://www.masoninfra.com/
Mason Infratech IPO FAQs
- What is the IPO date for Mason Infratech? The Mason Infratech IPO opens on June 24 and closes on June 26, 2024.
- What is the price band for Mason Infratech IPO? The price band for the Mason Infratech IPO is set at ₹62 to ₹64 per share.
- What is the minimum market lot size for the Mason Infratech IPO? The minimum market lot size for the Mason Infratech IPO is 2000 shares, requiring an application amount of ₹128,000.
- Where will Mason Infratech IPO shares be listed? Mason Infratech shares are expected to be listed on the stock exchanges, and trading is likely to commence around July 1, 2024, subject to allotment and market conditions.
- What is the Grey Market Premium (GMP) for Mason Infratech IPO? As of June 24, 2024, the Grey Market Premium (GMP) for Mason Infratech IPO is ₹15. This indicates the potential market expectation above the IPO price range.
- How can I check the allotment status of Mason Infratech IPO? The allotment status of Mason Infratech IPO can be checked on the registrar’s website or through the online portal of the stock exchanges where the IPO is listed.
- What are the business activities of Mason Infratech? Mason Infratech is engaged in real estate construction, specializing in residential and commercial buildings, including high-value standalone projects and civil contracts.
- What are the key strengths of Mason Infratech? Mason Infratech leverages its comprehensive suite of services covering project lifecycle stages such as planning, designing, procurement, construction, and post-construction services. They are known for their adherence to industry best practices and technological advancements in construction.
- How does Mason Infratech differentiate itself in the market? Mason Infratech stands out through its tailored approach to each project, understanding and meeting unique client requirements while maintaining a focus on quality, innovation, and sustainable growth.
- What are the risks associated with investing in Mason Infratech IPO? Potential risks include market volatility, regulatory changes affecting the construction sector, economic fluctuations impacting real estate demand, and execution risks related to project timelines and costs.
