Mason Infratech IPO Details ( Mason Infratech Limited IPO Review )
(24 June 2024 – 26 June 2024)
Founded in 2020, Mason Infratech Limited specializes in building homes and commercial spaces, including both new constructions and redevelopment projects.
The company provides a full range of construction services for residential, corporate, and commercial buildings, primarily in the Mumbai Metropolitan Area.
In 2022, Mason Infratech Limited received the Corporate Excellence Award for being the Fastest Growing Construction Company (Integrated and Collaborative Working) from Brand Connect Network Private Limited.
Focused on both residential and commercial buildings, the company’s revenue grew from ₹348.92 lakhs in 2020 to ₹6380.93 lakhs in 2023.
As of December 31, 2023, Mason Infratech Limited employed 141 skilled staff members and utilized various contract laborers to support its projects.
Mason Infratech Limited IPO Competitive Strength
- Experienced Promoters and access to skilled workforce
- Customer-Centric Approach
- Ownership of modern system formworks and other Core Assets
- Optimal Utilization of Resources
Mason Infratech IPO Financials Performance ( Results )
Mason Infratech Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 627.93 | 349.61 | 7.85 | -0.17 | 112.32 | |
| 31-Mar-22 | 3,018.60 | 3,010.72 | 152.11 | 512.91 | 556.16 | |
| 31-Mar-23 | 4,206.31 | 6,405.51 | 337.01 | 800.44 | 931.43 | |
| 31-Dec-23 | 6,166.01 | 5,690.56 | 509.01 | 1,541.18 | 541.18 | 1,445.17 |
Objective of Mason Infratech IPO Issue
- To meet the working capital requirements.
- General corporate purposes
Mason Infratech IPO Basic Details
| IPO Date | June 24, 2024 to June 26, 2024 |
| Listing Date | Monday, July 1, 2024 |
| Face Value | ₹10 per share |
| Price | ₹62 to ₹64 per share |
| Lot Size | 2000 shares |
| Issue Size | 4,760,000 shares (aggregating up to ₹30.46 Cr) |
| Fresh Issue | 4,760,000 shares (aggregating up to ₹30.46 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,812,500 |
| Share holding post issue | 17,572,500 |
| Company Promoters | Asit Thakkar Dattani, Ashutosh Juthani and Smeet Thakkar Dattani |
Mason Infratech IPO Reservation
| Anchor Investor Shares Offered | 28.40% of the Net Issue |
| Market Maker Shares Offered | 5.04% of the Net Issue |
| QIB Shares Offered | 18.99% of the Net Issue |
| NII (HNI) Shares Offered | 14.29% of the Net Issue |
| Retail Shares Offered | 33.28% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
Mason IPO Timetable
Mason IPO will open on June 24, 2024 and close on June 26, 2024. You can join Mason IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 24 June 2024 (Monday) |
| Closing Date | 26 June 2024 (Wednesday) |
| Basis of Allotment | 27 June 2024 (Thursday) |
| Initiation of Refunds | 28 June 2024 (Friday) |
| Credit of Shares to Demat | 28 June 2024 (Friday) |
| Listing Date | 1 July 2024 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 26 June 2024 |
Mason IPO Lot Size
For retail investors in Mason IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹128,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹128,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹128,000 |
| Retail (Max) | 1 | 2000 | ₹128,000 |
| S-HNI (Min) | 2 | 4000 | ₹256,000 |
Mason Infratech IPO Promoter Holding
The company’s promoters include Asit Thakkar Dattani, Ashutosh Juthani and Smeet Thakkar Dattani.
| Pre Issue Share Holding | 98.20% |
| Post Issue Share Holding | 71.60% |
Mason Infratech Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 112.46 |
| Earning Per Share (EPS) | ₹2.68 per Equity Share |
| Net Asset Value (NAV) | ₹6.37 per Equity Share |
| P/E Ratio (P/E) (x) | 24.33 |
| Post P/E Ratio (P/E) (x) | 16.57 |
| Return on Net Worth (RoNW) (%) | 43.47 |
| Return on equity (ROE) (%) | 43.47 |
| Return on Capital Employed (ROCE) (%) | 30.98 |
| Debt/Equity Ratio | 0.94 |
| Price/Book Value Ratio | 10.05 |
Mason Infratech IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹10 | – | – |
| 30 June 2024 | ₹10 | – | – |
Mason Infratech IPO Detail Video:
link
Mason Infratech IPO Subscription Status (Bidding Detail)
The Mason Infratech IPO on June 26, 2024 at 7:02:00 PM was subscribed 32.89 times, with the retail category being subscribed 36.59 times, the NII (Non-Institutional Investor) category being subscribed 50.20 times, QIB (Qualified-Institutional Buyers) category being subscribed 13.40 times.
| Category | Subscription |
| QIB | 13.40x |
| NII | 50.20x |
| Retail | 36.59x |
| Total | 32.89x |
Mason Infratech IPO Prospectus
| Mason Infratech IPO DRHP | Download |
| Mason Infratech IPO RHP | Download |
| Mason Infratech IPO Anchor Investors Details PDF | Download |
Mason Infratech IPO Rating
| Our Rating | 3.5/5.0 |
Mason Infratech Company Contact Information
Mason Infratech Limited
Registered office: Flat No. 103, Imperia, Mahavir Millenium, Vasant Vihar, Pokhran Road, No. 2, Thane- 400610, Maharashtra, India.
Tel: +91 8828824599
E-mail: info@masoninfra.com
Website: www.masoninfra.com
Contact Person: Ravi Tiwari, Company Secretary and Compliance Officer
Promoters of the Company: Asit Thakkar Dattani, Ashutosh Juthani and Smeet Thakkar Dattani
Mason Infratech IPO Registrar
Kfin Technologies Limited
Registered office: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad – 500032, Telangana, India.
Telephone: +91 40 6716 2222
Email: masoninfra.ipo@kfintech.com
Investor grievance email: einward.ris@kfintech.com
Contact Person: M Murali Krishna
Website: www.kfintech.com
SEBI Registration Number: INR000000221
CIN: L72400TG2017PLC117649
Mason Infratech IPO Lead Manager
Expert Global Consultants Private Limited
Registered office: 1511, RG Trade Tower Netaji Subhash Place, Pitampura, New Delhi – 110034, India
Telephone: +91 11 4509 8234
Email: ipo@expertglobal.in
Website: www.expertglobal.in
Investor Grievance Email: compliance@expertglobal.in
Contact Person: Gaurav Jain
SEBI registration number: INM000012874
CIN: U74110DL2010PTC205995
Mason Infratech IPO FAQs
What is the lot size of Mason Infratech IPO?
The total size of Mason Infratech IPO is ₹30.46 crores and this is a complete fresh Issue.
When will Mason Infratech IPO start?
Mason Infratech IPO will open from 24 June 2024 and IPO will close on 26 June 2024.
What is the open date of Mason Infratech IPO?
Mason Infratech IPO will open date from 24 June 2024.
What is the last date ( close date ) of Mason Infratech IPO?
Mason Infratech IPO will close from 26 June 2024.
What is the price band of Mason Infratech IPO?
Mason Infratech IPO price band is ₹62 to ₹64. ( Upper Price Band: ₹64, Lower Price Band: ₹62 )
What is the minimum amount required to apply for Mason Infratech IPO?
The minimum investment for retailers to apply for Mason Infratech IPO is ₹128,000 and the maximum investment is ₹128,000.
What is going on gray market premium of Mason Infratech IPO?
View gray market premium of Mason Infratech IPO by Clicking Here
How much is the GMP of Mason Infratech IPO?
Watch Mason Infratech IPO GMP Today: Click Here
What is the allotment date of Mason Infratech IPO?
The allotment date of Mason Infratech IPO is 27 June 2024.
How to check allotment status in Mason Infratech IPO?
To check the allotment status of Mason Infratech IPO, first of all go to the registrar website by clicking here, select your bad Mason Infratech IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Mason Infratech IPO?
The listing date of Mason Infratech IPO is 1 July 2024.
How much will be the listing gain in Mason Infratech IPO?
View listing gain of Mason Infratech IPO by Clicking Here
How much time Mason Infratech IPO is subscribed?
Total 32.89 times subscribed in Mason Infratech IPO out of which 36.59 times subscription was done in retail quota, 50.20 times subscription in NII quota and 13.40 times subscription in QIB quota.
How to apply for Mason Infratech IPO from Upstox?
Click Here to see how to apply for Mason Infratech IPO from Upstox. (step by step)
How to apply for Mason Infratech IPO from Zerodha?
Click Here to see how to apply for Mason Infratech IPO from Zerodha. (step by step)
How to apply for Mason Infratech IPO from Angle One?
Click Here to see how to apply for Mason Infratech IPO from Angle One. (step by step)
