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Mason Infratech Limited IPO GMP, Date, Price Band & Review

Mason Infratech Limited IPO: ₹30.46 crore SME IPO with a fresh issue of 4,760,000 shares. Subscription dates: June 24–26, 2024; price band: ₹62–₹64 per share; lot size: 2,000 shares.

IPO Details
Mason Infratech Limited IPO

Mason Infratech Limited IPO

Mason Infratech Limited IPO Details

DetailDescription
IPO DateJune 24, 2024 to June 26, 2024
Listing Date-
Face Value₹ 10 per share
Price Band₹ 62 to ₹ 64 per share
Lot Size2,000 Shares
Total Issue Size47,60,000 shares (aggregating up to ₹ 30.46 Cr)
Fresh Issue47,60,000 shares (aggregating up to ₹ 30.46 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Shareholding pre issue1,28,12,500
Shareholding post issue1,75,72,500
Market Maker portion2,40,000 shares Global worth Securities

About Mason Infratech Limited IPO

Mason Infratech is a real estate construction Company providing construction services for Residential and Commercial buildings of new and redevelopment projects. They specialize in executing civil contracts. They are also working on lifestyle projects and high-value standalone buildings. Their team is well-versed in the latest industry practices, ensuring that they remain up to date with the technological advancements in construction. They understand the unique requirements of each project and tailor their services accordingly. Mason Infratech IPO is a book-built issue of Rs 30.46 crores.

The issue is entirely a fresh issue of 47.6 lakh shares. Mason Infratech IPO opens for subscription on June 24, 2024, and closes on June 26, 2024. The allotment for the Mason Infratech IPO is expected to be finalized on Thursday, June 27, 2024. Mason Infratech's IPO price band is set at ₹62 to ₹64 per share. The minimum lot size for an application is 2000 Shares. Expert Global Consultants Private Limited is the book-running lead manager of the Mason Infratech IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Mason Infratech IPO is Globalworth Securities.

Objectives of Mason Infratech IPO

The company intends to utilize the proceeds of the issue to meet the following objectives:

  • 1. To meet the working capital requirements.
  • 2. General corporate purposes
Mason Infratech IPO Review

The company is engaged in real estate construction and providing related services. It is operating in a highly competitive and fragmented segment. It has ongoing projects worth Rs. 190+ cr. as of March 31, 2024. Based on FY24 annualized super earnings, the issue appears fully priced. Well-informed investors may park moderate funds for the medium term.

Mason Infratech Limited IPO Financial Information

Latest Revenue

5,690.56

₹ Crore

Profit After Tax

509.01

₹ Crore

Net Worth

1,541.18

₹ Crore

Total Borrowing

1,445.17

₹ Crore

Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthTotal Borrowing
31 Dec 20236,166.015,690.56509.011,541.181,445.17
31 Mar 20234,206.316,405.51337.01800.44931.43
31 Mar 20223,018.603,010.72152.11512.91556.16
31 Mar 2021627.93349.617.85-0.17112.32
Amount in ₹ Crore

Mason Infratech Limited Key Performance Indicator

KPIValues
ROE43.47%
ROCE30.98%
Debt/Equity0.94
RoNW43.47%
P/BV10.05
Pre IPOPost IPO
EPS (Rs)2.633.86
P/E (x)24.3316.57

Frequently Asked Questions

Mason Infratech IPO is an NSE SME IPO. They are going to raise ₹30.46 Crores via IPO. The issue is priced at ₹62 to ₹64 per equity share. The IPO is to be listed on NSE.
The IPO is to open on June 24, 2024, for QIB, NII, and Retail Investors.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Mason Infratech's IPO size is ₹30.46 crores.
Mason Infratech IPO Price Band is ₹62 to ₹64 per equity share.
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Competitive Strengths

1

Official Documents

Download regulatory filings

Mason Infratech Limited IPO Timeline

IPO Open DateMonday, June 24, 2024
IPO Close DateWednesday, June 26, 2024
Basis of AllotmentThursday, June 27, 2024
Initiation of RefundsFriday, June 28, 2024
Credit of Shares to DematFriday, June 28, 2024
Listing DateMonday, July 1, 2024
Cut-off time for UPI mandate confirmation5 PM on June 26, 2024

IPO Lot Size

InvestorsNo.of lotsShares OfferedMax Bid Amount
Retail (Min)12000₹128,000
Retail (Max)12000₹128,000
HNI (Min)24,000₹256,000