IPO

Mason Infratech Ltd. IPO

Mason Infratech Ltd., established in 2023, operates in the Construction, Contracting & Engineering sector. The company's IPO opened on June 24, 2024 and closed on June 26, 2024, with an issue price of ... Read more

Min Investment
₹ 1,28,000 / 2000 shares
Price Range
₹62 - ₹ 64
Bidding Dates
24 Jun '24 - 26 Jun '24
Total Issue Value
30.46 Cr
Lot Size
2,000
Total Issue Size
30.46 Cr
Listing At
NSE SME
Subscription
22.27 times
NSE Price
134.70 (110.47%)

IPO Timeline

  • 24 Jun 2024
    Bidding Starts
  • 26 Jun 2024
    Bidding Ends
  • 27 Jun 2024
    Allotment Finalization
  • 1 Jul 2024
    Listing

About Mason Infratech Ltd.

We are real estate construction Company providing construction services for Residential as well as Commercial buildings of new and redevelopment projects. We specialize in executing civil contracts. We are also working on lifestyle projects and high-value standalone buildings. Our team is ... Read more

Parent organisation
Founded
Mason Infratech Ltd.
2023

Mason Infratech Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 13,52,000 (28.4%)
Market Makers 2,40,000 (5.04%)
Non Institutional Investors 6,80,000 (14.29%)
Qualified Institutional Buyers (QIBs) 9,04,000 (18.99%)
Retail Individual Investors (RIIs) 15,84,000 (33.28%)

Mason Infratech Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 93.98 Cr 11.65 Cr 9.54 Cr
31 Mar 2023 64.06 Cr 3.37 Cr 0
31 Mar 2022 30.11 Cr 1.52 Cr 0

Mason Infratech Ltd. Background

Major Events And Milestones
  • 2020
    Formation of Mason Infrastructure as Partnership Firm.
    Vinayak Developers awarded Mason the first RCC Contract for their residen Towers with Non-Tower Area for approximately 9,25,000 sq. ft.
  • 2021
    Mason got the second order for their Rehab Building; the contract consists 5,18,000 square feet Lock and Key contract.
    Achieving milestone of > 1.6 Lac sq. ft of construction work completion in sin year.
  • 2022
    Conversion of Partnership firm into Private Limited.
  • 2023
    Conversion from Private Limited into Public Limited.
    Reached to strength of 150+ working strength within group which is help Mason’s operations to expand
Mason Infratech Ltd. Object of Issues

1. To meet the working capital requirements
2. General corporate purposes

Mason Infratech Ltd. IPO Listing Details
Listing Date
1 Jul 2024
NSE Symbol
MASON
ISIN
INE0SH001010
Final Issue Price
₹ 64
Mason Infratech Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 64.00
Open - ₹ 88.00
Low - ₹ 83.60
High - ₹ 92.40
Last Trade - ₹ 92.40
Mason Infratech Ltd. Company Promoters

1. Asit Thakkar Dattani
2. Ashutosh Juthani
3. Smeet Thakkar Dattani

Industry Overview

By 2040, real estate market will grow to Rs. 65,000 crore (US$ 9.30 billion) from Rs. 12,000 crore (US$ 1.72 billion) in 2019. Real estate sector in India is expected to reach US$ 1 trillion in market size by 2030, up from US$ 200 billion in 2021 and contribute 13% to the country’s GDP by ... Read more

Mason Infratech Ltd. Contact Details
Address: Flat No. 103, Imperia, Mahavir Millenium, Vasant Vihar, Pokhran Road, No. 2, Thane Maharashtra - 400610
Phone no:8369699600
8369699600
|
Mason Infratech Ltd. IPO Registrar
KFin Technologies Ltd.
Selenium, Tower B, Plot 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad Telangana - 500032
67162222
Mason Infratech Ltd. IPO Lead Manager(s)
Expert Global Consultants Pvt. Ltd.
1511, RG Trade Tower Netaji Subhash Place, Pitampura, New Delhi Delhi - 110034
45098234

FAQs

When does Mason Infratech Ltd. IPO opens and closes?

Mason Infratech Ltd. IPO opens from 24th June to 26th June 2024.

What is the size of Mason Infratech Ltd. IPO?

The size of the Mason Infratech Ltd. IPO is ₹30.46 Cr.

What is the price range of Mason Infratech Ltd. IPO?

The price range of Mason Infratech Ltd. IPO is at ₹62 to ₹64 per share.

What is the minimum investment and lot size required for the Mason Infratech Ltd. IPO?

The minimum investment required is ₹1,28,000 and minimum lot size is 2000 shares.

When is Mason Infratech Ltd. IPO listing date?

The Mason Infratech Ltd. IPO will be listed on 1st July 2024.

What is the objective of Mason Infratech Ltd. IPO?

1. To meet the working capital requirements
2. General corporate purposes

Latest Updates

Mason Infratech IPO: Shares List At Rs 88/Share With Over 37% Premium Over Issue Price

Mason Infratech Limited will make its debut on the NSE SME on July 1, 2024. This company, involved in infrastructure development, aims to use the proceeds from its IPO to fund new projects and enhance its operational capabilities.

3 July 2024
Mason Infratech IPO: SME Public Issue Subscribed 2.55x On Day 1

As of 2:48 pm on day 1, the SME IPO has been subscribed 2.55 times with the retail portion leading with a subscription of 4.66 times. The retail portion was followed by the NII segment which got subscribed 1.01 times. The QIB portion remained steady and saw no bids.

25 June 2024

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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