Mason Infratech - AstroIPO

Mason Infratech


June 23, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Mason Infratech Ltd., a real estate construction company, is launching its initial public offering (IPO) on the National Stock Exchange (NSE) from June 24 to 26, 2024. The company aims to raise between Rs. 29.51 crore and Rs. 30.46 crore through this book-building issue.

The IPO offers 47.60 lakh shares with a price band of Rs. 62 to Rs. 64 per share. The minimum application size is 2000 shares, and retail subscriptions are capped at Rs. 5,00,000. Mason Infratech’s shares are expected to list on the NSE on July 1, 2024.

This IPO provides an opportunity to enter the real estate construction sector. Mason Infratech operates in an industry that often correlates with economic growth and urbanization trends.

The company’s focus on infrastructure technology, as suggested by its name, may indicate a modern approach to construction. This could be a differentiating factor in a competitive market.

India’s real estate sector has been evolving, driven by factors such as urban development and changing housing demands.

Mason Infratech Details

IPO Size 30.46
Price Range ₹62 - ₹64
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE
Minimum Quantity 2000
Investment (cut-off price) ₹128,000
Pre IPO Promotor Holding 98.20%
Post IPO Promotor Holding 71.60%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Mason Infratech Timelines

24/06/2024
Start Date
26/06/2024
End Date
27/06/2024
Allotment Date View Status
28/06/2024
Refund Initiation
28/06/2024
Credit of Shares to Demat Ac
01/07/2024
Listing Date

Mason Infratech Lot Size

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 Subscription Status

QIB NII Retail EMP Total
13.40 x 50.56 x 36.61 x -- 32.98 x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹88 ₹92.40 ₹92.40 ₹83.60

Mason Infratech Company Financials

Year Total Income Total Expense PAT
FY 2021 ₹3.50 ₹3.40 ₹0.08
FY 2022 ₹30.11 ₹28.45 ₹1.52
FY 2023 ₹64.06 ₹59.94 ₹3.37
FY 2024 (9M) ₹42.02 ₹37.66 ₹3.16

About Company

Mason Infratech is a real estate construction company specialising in executing civil contracts. Its activities span residential and commercial buildings in new and redevelopment projects. As an engineering, procurement, and construction service provider (EPC player), its offerings cover the entire project lifecycle, including planning, designing, procurement, construction, and post-construction services.

The company’s capabilities include constructing concrete building structures and composite steel structures. It also provides mechanical, electrical, and plumbing (MEP) services and finishing works. As per the IPO filing, the company has an active order book of 3.8 million square feet of space under works.

Incorporation Date Sector Managing Director
2020 Real Estate Asit Thakkar Dattani

Know Before Investing

Mason Infratech Strengths

  • The company has a Customer-Centric Approach.
  • Its construction capabilities involve the use of various technologies, which is one of its advantages.
  • The company focuses on Optimal Utilization of Resources.
  • Experienced promoters and management team.

Mason Infratech Risks

  • The major source of revenue is generated from Mumbai Metropolitan Region (MMR).
  • It is subject to strict quality requirements.
  • The business is subject to seasonal weather.
  • It has significant working capital requirements.
  • It has reported negative cash flow in the past.

Swot Analysis for Mason Infratech

Strengths

Weaknesses

Opportunities

Threats

Contact Details of IXIGO

Mason Infratech Limited Flat No. 103, Imperia, Mahavir Millenium Vasant Vihar, Pokhran Road, No. 2 Thane - 400610 Phone: +91 88288 24599 Email: [email protected] Websitehttps://www.masoninfra.com/

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: [email protected]

Website: https://kosmic.kfintech.com/ipostatus/

Company Details

Mason Infratech Limited

Flat No. 103, Imperia, Mahavir Millenium
Vasant Vihar, Pokhran Road, No. 2
Thane – 400610

Phone: +91 88288 24599

Email: [email protected]

Website: https://www.masoninfra.com/

IPO Registar Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: [email protected]

Website: https://kosmic.kfintech.com/ipostatus/

FAQs

The key objectives of Mason Infratech IPO are:

  •  To fund the working capital requirement.
  • General corporate purposes.

Expert Global Consultants Pvt. Ltd is the book-running lead managers for the Mason Infratech IPO.

Leave a Reply

Your email address will not be published. Required fields are marked *