Mason Infratech Limited
Book Built Issue IPO · NSE
- Price band
- ₹62 - ₹64
- Lot size
- 2,000 shares
- Issue amount
- ₹30.46 cr
- Total subscription
- 32.97×
- Opens
- 24 Jun 2024
- Closes
- 26 Jun 2024
- Allotment
- 27 Jun 2024
- Listing
- 1 Jul 2024
Offer at a glance
Issue overview
- Issue size
- 47,60,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,24,000
- Fresh issue
- ₹30.46 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,28,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,28,12,500
- Shares after issue
- 1,75,72,500
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,28,000 |
| HNI | 2 | 4,000 | ₹2,56,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.79 | 77.53 |
| RETAIL | 10.14 | 370.93 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 4.05 | 2.68 | 1.21 |
| ROE | 43.47 | 51.32 | 59.33 |
| ROCE | 30.98 | 35.73 | 37.28 |
| RONW | 43.47 | 51.32 | 59.33 |
| PRE IPO(PE) | 24.33 | 0 | 0 |
| POST IPO(PE) | 16.57 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Mason Infratech Limited, founded in 2020, is a fast-growing real estate construction company specializing in residential and commercial projects, including new developments and redevelopments. Focused on delivering high-quality construction services, the company operates mainly in the Mumbai Metropolitan Area, catering to residential, corporate, and commercial spaces. Mason Infratech has seen impressive growth, with its revenue soaring from ₹348.92 lakhs in 2020 to ₹6380.93 lakhs in 2023. Recognized for its innovation and collaborative approach, the company won the Corporate Excellence Award in 2022 from Brand Connect Network Private Limited. As of December 31, 2023, Mason Infratech had a team of 141 skilled employees, supported by contract laborers to handle its expanding portfolio of projects.
Strengths
- Expert Leadership & Skilled Team: Mason Infratech Limited thrives under the guidance of experienced promoters and a highly skilled workforce, ensuring top-quality construction and efficient project execution.
- Customer-First Approach: The company prioritizes customer satisfaction by customizing its services to meet specific client needs.
- Tech-Driven Operations: By utilizing advanced technology, Mason Infratech boosts efficiency and enhances customer experiences, staying ahead in modern construction practices.
Risk factors
- Heavy Client Dependence: As of March 31, 2024, 80.60% of Mason Infratech’s Order Book comes from its top five clients. Losing any of them could significantly impact revenue.
- Project Delays Risk: Inability to complete projects on time or at all could harm the company’s financial performance and business stability.
- Labour Challenges: Dependence on subcontracted labour means shortages, strikes, wage hikes, or regulatory changes could disrupt operations and cash flow.
Promoters
Asit Thakkar Dattani
Ashutosh Juthani
Smeet Thakkar Dattani
Registrar & documents
Lead manager
Expert Global Consultants Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Flat No. 103, Imperia, Mahavir Millenium, Vasant Vihar, Pokhran Road, No. 2, Thane - 400610
+91 88288 24599
[email protected]Company website ↗Understanding MASON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.