
Mason Infratech Limited IPO
NSE SMEListed On: Jul 1, 2024 at ₹ 88.0
₹ 256000 /4000 Shares
*Min Investment
24 Jun, 2024
Open Date26 Jun, 2024
Close Date27 Jun, 2024
Allotment Date01 Jul, 2024
Listing DateMason Infratech Limited IPO Issue Details
- Issue Price ₹62-64 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 47,60,000 shares(aggregating up to ₹30.46 crore)
- Fresh Share 47,60,000 shares(aggregating up to ₹30.46 crore)
- Listing at NSE SME
- List Price 88.0
- Listing Date 2024-07-01
- Lead Manager Expert Global Consultants Private Limited
- Registrar Kfin Technologies Limited
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,28,000 |
| Retail(max) | 1 | 2000 | ₹1,28,000 |
| NII (min) | 2 | 4000 | ₹2,56,000 |
Mason Infratech Limited IPO Reservation
Mason Infratech Limited IPO offers total 4,760,000 shares. Out of which 904,000 (18.99%) allocated to QIB, 680,000 (14.29%) allocated to NII,1,584,000 (33.28%) allocated to RII, NA (NA%) allocated to employees and 1,352,000 (28.4%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,352,000 (28.4%) | |
| Market Maker Shares Offered | 240,000 (5.04%) | |
| QIB Shares Offered | 904,000 (18.99%) | |
| NII (HNI) Shares Offered | 680,000 (14.29%) | |
| Retail Shares Offered | 1,584,000 (33.28%) | |
| Total Shares Offered | 4,760,000 (100%) |
Mason Infratech Limited IPO Details
Mason Infratech Limited IPO is an SME IPO, priced at ₹62-64 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 47,60,000 equity shares, aggregating up to ₹30.46 crores..
The IPO bidding window is open from Jun 24, 2024 to Jun 26, 2024. The allotment is expected to be finalized on Jun 27, 2024, and the tentative listing date is Jul 1, 2024.
The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,28,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,56,000.
Expert Global Consultants Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Globalworth Securities Limited will act as the market maker for this issue.
Mason Infratech Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 904,000 / 680,000 | 1,584,000 | 3,168,000 |
Day 1 24-06-24 06:00 PM | 0.00 / 0.63 x | 1.61 x | 0.94 x |
Day 2 25-06-24 06:00 PM | 0.00 / 2.26 x | 7.36 x | 4.16 x |
Day 3 26-06-24 06:00 PM | 13.40 / 50.55 x | 36.59 x | 32.97 x |
Mason Infratech Limited Valuations
Mason Infratech Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 4,206.31 | 3,018.60 | 627.93 |
| Revenue | 6,405.51 | 3,010.72 | 349.61 |
| Profit After Tax | 337.01 | 152.11 | 7.85 |
About Mason Infratech Limited Company
Based out of 2020, Mason Infratech Limited provides construction services across residential and commercial buildings, either new or for redevelopment.
Its construction services of residential, corporate as well as on commercial buildings come under its bouquet service.
The area of operation, mainly in Mumbai metropolitan.
It won the Corporate Excellence Award in 2022 as the Fastest Growing Construction Company (Integrated and Collaborative Working) by Brand Connect Network Private Limited.
The company primarily deals with residential and commercial buildings. Revenue generated has increased 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 used various contract laborers to support its projects.
Mason Infratech Limited - Promoter(s)
Asit Thakkar Dattani
Ashutosh Juthani
Smeet Thakkar Dattani
Pre Issue Share Holding : 98.20%
Post Issue Share Holding : 71.20%
Mason Infratech Limited IPO - Issue Objectives
To meet the working capital requirements.
General corporate purposes
Mason Infratech Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Mason Infratech Limited | 2.68 | 2.68 | 6.37 | N/A | 51.32 | 10.05 | Standalone |
| Capacit'e Infraproject Limited | 14.04 | 14.04 | 151.21 | 22.13 | 9.35 | N/A | Standalone |
| Atal Realtech Limited | 1.47 | 1.47 | 24.03 | 4.9 | 6.3 | N/A | Standalone |
Notes:
- P/E Ratio has been computed based on the closing market price of equity shares on the BSE website on January 29, 2024, divided by the Diluted EPS.
- Net Profit after tax, as restated/Net worth, as restated at the end of the relevant period (Equity attributable to the company's owners, excluding non-controlling interest).
- NAV is computed as the closing net worth divided by the weighted outstanding number of equity shares.
Contact Details
Mason Infratech Limited
Flat No. 103, Imperia, Mahavir Millenium, Vasant Vihar, Pokhran Road, No. 2, Thane - 400610
+91 88288 24599
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Mason Infratech Limited IPO - FAQs
Ans. Mason Infratech Limited IPO is a SME IPO. The issue is priced at ₹62-64 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jun 24, 2024, and closes on Jun 26, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Mason Infratech Limited IPO opens on Jun 24, 2024 and closes on Jun 26, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Mason Infratech Limited IPO is 4,760,000 shares(aggregating up to ₹30.46 Cr).
Ans. The Mason Infratech Limited IPO price band is set between ₹62-64 per equity share.
Ans. To apply for Mason Infratech Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Mason Infratech Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Mason Infratech Limited IPO is Jun 27, 2024.
Ans. The Mason Infratech Limited IPO will be listed on Jul 1, 2024.
Ans. Follow the steps to check the Mason Infratech Limited IPO allotment status online.