Mason Infratech Limited is a real estate construction company that provides construction services for both residential and commercial buildings, including new and redevelopment projects.
The company offers comprehensive construction services for residential, corporate, and commercial buildings. The company mainly operates in the Mumbai Metropolitan Area.
The company was honoured with a Corporate Excellence Award in 2022 for being the Fastest Growing Construction Company (Integrated and Collaborative Working) by Brand Connect Network Private Limited.
The company focuses on residential and commercial buildings, with revenue increasing from ₹ 348.92 lakhs in fiscal 2020 to ₹ 6380.93 lakhs in fiscal 2023.
As of December 31, 2023, the company had 141 skilled staff members and utilized various contract laborer’s to support its projects.
Mason Infratech IPO – Details
| IPO Opening Date | 24 June 2024 |
| IPO Closing Date | 26 June 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 47,60,000 Shares Worth ₹30.46 Crore Fresh Issue: 47,60,000 Shares Worth ₹30.46 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹62 – ₹64 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Mason Infratech IPO – Date Schedule
| IPO Open Date | 24 June 2024 |
| IPO Close Date | 26 June 2024 |
| Basis of Allotment | 27 June 2024 |
| Initiation of Refund | 28 June 2024 |
| Credit of Shares to Demat Account | 28 June 2024 |
| IPO Listing Date | 01 July 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 26, 2024 |
Mason Infratech IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | ₹1,28,000 |
| Retail (Maximum) | 1 | 2000 | ₹1,28,000 |
| HNI (Minimum) | 2 | 4000 | ₹2,56,000 |
Competitive Strengths
- Experienced Promoters and access to skilled workforce.
- Customer-Centric Approach.
- Technology focused operations resulting in operational efficiency and enhancing customer experiences.
- Optimal Utilization of Resources.
Company Promoters
- Asit Thakkar Dattani
- Ashutosh Juthani
- Smeet Thakkar Dattani
Object Of The Issue
- To meet the working capital requirements.
- General corporate purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 3.49 | 3.40 | 0.07 | 1.12 |
| 31 March 2022 | 30.10 | 28.44 | 1.52 | 5.56 |
| 31 March 2023 | 64.05 | 59.93 | 3.37 | 9.31 |
| 31 December 2023 | 56.90 | 50.06 | 5.09 | 14.45 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 43.47% |
| ROCE | 30.98% |
| Debt/Equity | 0.94 |
| RoNW | 43.47% |
| P/BV | 10.05 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.63 | 3.86 |
| P/E (x) | 24.33 | 16.57 |
Mason Infratech IPO Promoter Holding
| Pre Issue Share Holding | 98.20% |
| Post Issue Share Holding | 71.60% |
Mason Infratech IPO Prospectus
Company Contact Information
| 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 Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: masoninfra.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Mason Infratech IPO Lead Manager(s)
| 1. Expert Global Consultants Private Limited |
Mason Infratech IPO FAQs
| What is Mason Infratech IPO? Mason Infratech IPO is a SME IPO. The issue is priced at ₹62 – ₹64 per equity share. The IPO is to be listed on NSE SME. |
| When Mason Infratech IPO will open? The IPO is to open on 24 June 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to Mason Infratech IPO? You can apply for Mason Infratech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Mason Infratech IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Mason Infratech”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Mason Infratech IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Mason Infratech”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Mason Infratech IPO Size? Mason Infratech IPO size is ₹30.46 crores. |
| What is Mason Infratech IPO Price Band? Mason Infratech IPO Price Band is ₹62 – ₹64. |
| What is Mason Infratech IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,28,000 amount while the maximum bid is 2000 shares with ₹1,28,000. |
| What is the Mason Infratech IPO Allotment Date? Mason Infratech IPO allotment date is 27 June 2024. |
| What is the Mason Infratech IPO Listing Date? Mason Infratech IPO listing date is 01 July 2024. The IPO is to list on NSE SME. |
