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14 Nov 2024
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.
Mason Infratech IPO Overview
| Detail | Description |
|---|---|
| IPO Date | June 24, 2024 to June 26, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹62 to ₹64 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 4,760,000 shares (aggregating up to ₹30.46 Cr) |
| Fresh Issue | 4,760,000 shares (aggregating up to ₹30.46 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 12,812,500 |
| Shareholding post issue | 17,572,500 |
| Market Maker portion | 240,000 shares Global worth Securities |
Mason Infratech IPO Timeline (Tentative Schedule)
| Detail | Description |
|---|---|
| IPO Open Date | Monday, June 24, 2024 |
| IPO Close Date | Wednesday, June 26, 2024 |
| Basis of Allotment | Thursday, June 27, 2024 |
| Initiation of Refunds | Friday, June 28, 2024 |
| Credit of Shares to Demat | Friday, June 28, 2024 |
| Listing Date | Monday, July 1, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 26, 2024 |
Mason Infratech IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹128,000 |
| Retail (Max) | 1 | 2000 | ₹128,000 |
| HNI (Min) | 2 | 4,000 | ₹256,000 |
Mason Infratech IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Mason Infratech IPO Promoter Holding
| Share Holding Pre Issue | 98.20% |
| Share Holding Post Issue | 71.60% |
Mason Infratech IPO Anchor Investors Details
| Bid Date | June 21, 2024 |
| Shares Offered | 1,352,000 |
| Anchor Portion Size (In Cr.) | 8.65 |
| Anchor lock-in period end date for 50% shares (30 Days) | July 27, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | September 25, 2024 |
Company & Financials
Incorporated in 2020, Mason Infratech Limited is a real estate construction company that provides construction services for both residential and commercial buildings, including new and redevelopment projects. Their comprehensive suite of offerings covers the entire project lifecycle, including planning, designing, procurement, construction and post-construction services. The company offers comprehensive construction services for residential, corporate, and commercial buildings. The company mainly operates in the Mumbai Metropolitan Area. The company was honored with a Corporate Excellence Award in 2022 for being the Fastest Growing Construction Company (Integrated and Collaborative Working) by Brand Connect Network Private Limited.
Mason Infratech Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | ||||||||||||||||||||||||||||||||||||
| Assets | 6,166.01 | 4,206.31 | 3,018.60 | 627.93 | ||||||||||||||||||||||||||||||||||||
| Revenue | 5,690.56 | 6,405.51 | 3,010.72 | 349.61 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 509.01 | 337.01 | 152.11 | 7.85 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 1,541.18 | 800.44 | 512.91 | -0.17 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 541.18 | |||||||||||||||||||||||||||||||||||||||
| Total Borrowing | 1,445.17 | 931.43 | 556.16 | 112.32 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
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 |
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.
FAQs for Mason Infratech IPO
-
What is Mason Infratech IPO?
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.
-
When will Mason Infratech IPO open?
The IPO is to open on June 24, 2024, for QIB, NII, and Retail Investors.
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What is Mason Infratech IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
-
What is Mason Infratech's IPO Size?
Mason Infratech's IPO size is ₹30.46 crores.
-
What is Mason Infratech IPO Price Band?
Mason Infratech IPO Price Band is ₹62 to ₹64 per equity share.
-
What is Mason Infratech IPO Minimum and Maximum Lot Size?
The IPO bid is 2000 shares with ₹128,000.
-
What is Mason Infratech IPO Allotment Date?
Mason Infratech's IPO allotment date is June 27, 2024.
-
What is Mason Infratech's IPO Listing Date?
Mason Infratech's IPO listing date is July 1, 2024. The IPO to list on NSE SME.
DRHP:
DRHP of Mason Infratech Limited IPO
Anchor Investor Link:
Anchor Investor Link of Mason Infratech Limited IPO
-
What is Mason Infratech IPO?
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.
-
When will Mason Infratech IPO open?
The IPO is to open on June 24, 2024, for QIB, NII, and Retail Investors.
-
What is Mason Infratech IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
-
What is Mason Infratech's IPO Size?
Mason Infratech's IPO size is ₹30.46 crores.
-
What is Mason Infratech IPO Price Band?
Mason Infratech IPO Price Band is ₹62 to ₹64 per equity share.
-
What is Mason Infratech IPO Minimum and Maximum Lot Size?
The IPO bid is 2000 shares with ₹128,000.
-
What is Mason Infratech IPO Allotment Date?
Mason Infratech's IPO allotment date is June 27, 2024.
-
What is Mason Infratech's IPO Listing Date?
Mason Infratech's IPO listing date is July 1, 2024. The IPO to list on NSE SME.
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