Mason Infratech IPO: All Important Things Discussed Here

Mason Infratech IPO is open for subscription starting Monday, June 24, 2024, and closing on Wednesday, June 26, 2024. The price is decided at Rs 62 to Rs 64 per share. The minimum lot size set for the retail category is 2000 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 4000 shares. The minimum investment required for retail category investors is Rs 1,28,000 ( 64 x 2000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,56,000 (64 x 4000 shares). Mason Infratech IPO is a book-built issue of Rs 30.46 crores. This upcoming IPO is entirely a fresh issue of 47.6 lakh equity shares. The allotment for this new IPO is expected to be finalised on Thursday, June 27, 2024. Mason Infratech IPO will be listed on NSE SME, and the listing date is fixed on Monday, June 1, 2024. The book-running lead manager of Mason Infratech IPO is Expert Global Consultants Private Limited. The registrar for this IPO is Kfin Technologies Private Limited. 

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About Mason Infratech Limited

Mason Infratech, incorporated in 2020, is a real estate construction company involved in commercial and residential construction, including new and redevelopment projects. Mason 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. Mason provides end-to-end construction services for residential buildings, corporate offices and buildings for commercial purposes. Their capabilities include constructing concrete building structures as well as composite steel structures. They also provide mechanical, electrical, plumbing and finishing works. The company mainly operates in Mumbai, Metropolitan area. As a construction company, they are committed to establishing long-term client partnerships. They understand that delivering exceptional results is crucial to building trust and sustaining growth. 

Objectives of Mason Infratech

The main objective of this initial public offer is to raise funds from the public, which will be allocated to fund the day-to-day capital needs for the company's smooth functioning. Additionally, general corporate purposes will also be fulfilled. 

Financials of Mason Infratech Limited (Amt in Rs Lakhs)

Mason Infratech posted revenue of Rs 5,690.56 lakhs and net profit of Rs 509.01 lakhs for the period ending on 31 Dec 2023. Mason revenue increased by 112.76% and PAT increased by 121.56% between the FY ending on 31 March 2023 and 31 March 2022. 

Other Important Details of Mason Infratech IPO

Time-Table of Mason Infratech IPO

IPO Reservation of Mason Infratech Limited

Performance Indicator of Mason Infratech Limited

The market capitalization of Mason Infratech is Rs 112.46 crore.

EPS and P/E Ratio Post IPO

Promoters of Mason Infratech Limited and Their Holdings

The promoters of Mason Infratech company are Asit Thakkar Dattani, Ashutosh Juthani and Smeet Thakkar Dattani.

Lead Manager(s) of Mason Infratech IPO

The lead manager for Mason Infratech IPO is Expert Global Consultants Private Limited.

How do you apply for the Mason Infratech IPO?

Wait for the public issue to open for subscription, then click here to apply for the Mason Infratech Limited IPO with Bigul.

How do you check the allotment status of Mason Infratech IPO?

Kfin Technologies Private Limited is the registrar for Mason Infratech IPO. To check your allotment status, please click here.

FAQs

1. What are the details of the Mason Infratech IPO?

Mason Infratech IPO is a book-built issue of Rs 30.46 crores. This upcoming IPO is entirely a fresh issue of 47.6 lakh equity shares. The allotment for this new IPO is expected to be finalised on Thursday, June 27, 2024. 

2. Who are the lead managers for the Mason Infratech Limited IPO?

Expert Global Consultants Private Limited is appointed as the lead manager for the IPO.

3. What is the role of Kfin Technologies Private Limited in this IPO?

Kfin Technologies Private Limited is the registrar for Mason Infratech Limited, handling the IPO's administrative aspects.

4. How can I apply for the Mason Infratech IPO?

The public subscription of this new IPO will open on June 24, 2024. Click here to initiate the application process.

5. How will the net proceeds from the IPO be utilised?

The main objective of this initial public offer is to raise funds from the public, which will be allocated to fund the day-to-day capital needs for the company's smooth functioning. Additionally, general corporate purposes will also be fulfilled. 

6. How can I check the allotment status of the IPO?

Investors who applied can check the allotment status of the Mason Infratech Limited IPO by visiting here. For further updates follow Bigul. 

7. What is the financial performance of Mason Infratech Limited?

Mason Infratech posted revenue of Rs 5,690.56 lakhs and net profit of Rs 509.01 lakhs for the period ending on 31 Dec 2023. Mason revenue increased by 112.76% and PAT increased by 121.56% between the FY ending on 31 March 2023 and 31 March 2022. 

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