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Mason Infratech Limited

SME

Issue Price

₹62- ₹64

per equity share

Issue Size

34.08 lakhs

equity share

Face Value

₹ 10

per equity share

Market Lot

2000

equity share

Please note

Listing at NSE

Mason Infratech Limited

Important Dates

IPO Open Date

24 Jun 2024

IPO Close Date

26 Jun 2024

Allotment Date

27 Jun 2024

Initiation of Refunds

28 Jun 2024

Credit of Shares to Demat Account

28 Jun 2024

IPO Listing Date

01 Jul 2024

UPI Mandate Expiry Date

26 Jun 2024

IPO Details

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.  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. 

Parent Organisation

-

Founded

2020

Managing Director

Asit Thakkar Dattani

IPO Objectives

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. 

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
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