July 1, 2024
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Mason Infratech IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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Mason Infratech IPO Post Listing Review:
The scrip is listed at Rs. 88, premium of 37.50% over the issue price. The listing has been in line with the expectations of the grey market.
What was the last GMP of Mason Infratech IPO?
GMP Rs. 10
Subject to rates Rs. 15200
Subscription status of Mason Infratech IPO
Mason Infratech IPO Subscription ClosedPrice Rs. 64 Lot 2000 shares |
||||
| QIB x | NII x | RII x | Total x | Applications |
| 13.40 | 50.20 | 36.59 | 32.89 | 28,979 / 36.59 x |
What is the business of Mason Infratech?
Mason Infratech is real estate construction Company providing construction services for Residential as well as Commercial buildings of new and redevelopment projects. It specializes in executing civil contracts.
It is also working on lifestyle projects and high-value standalone buildings. Its team is well-versed
in the latest industry practices, ensuring that it remains up to date with the technological advancements
in construction. It understands the unique requirements of each project and tailor our services
accordingly. Its comprehensive suite of offerings covers the entire project lifecycle, including
planning, designing, procurement, construction, and post-construction services.
The company provides end-to-end construction services for residential buildings (“Residential”), corporate office buildings and buildings for commercial purposes (collectively, “Commercial”). Its capabilities
include constructing concrete building structures as well as composite steel structures. It also provides
mechanical, electrical, and plumbing (“MEP”) and finishing works.
Its primary operational focus lies within the Mumbai Metropolitan Region (MMR). With around 3.8 million sq. ft. of work in hand, the company’s focus is on timely execution of projects with premium quality of construction work.
It believes in own equipment’s such as formwork, tower cranes, passenger and material hoists, concrete
pumps, threading and forging machinery, cutting, and bending machines, rack and pinion lift external
(collectively, “Core Assets”) as this allows it to have timely access to key equipment required for its
business. It uses specialised formwork technologies, including vertical composite panel system for
columns,
The Company is focused on Residential and Commercial buildings, with growth in revenue of
operations from Rs. 348.92 lakhs for fiscal 2020 to Rs. 6,380.93 lakhs for Fiscal 2023. Its Order Book
stands at Rs. 19,182.03 lakhs as on March 31, 2024, comprising of eight on-going projects.
Get more information about the company @ https://www.masoninfra.com/
| Mason Infratech IPO Details | |
| IPO opens on | 24 June 2024 |
| IPO closes on | 26 June 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 4760000 Shares / Rs 30.46 Crore |
| * Fresh Issue | 4760000 Shares / Rs 30.46 Crore |
| * Offer for Sale | – Shares / Rs – Crore |
| Market Maker Portion | 150400 Shares |
| Net offer to Public | 4520000 Shares/ Rs.28.92 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs.62-64 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 2000 Shares |
| Listing will at | NSE SME |
| Shares offered in Mason Infratech IPO | ||
| Shares | Rs. (Crore) | |
| QIB (50%) | 2260000 | 14.46 |
| NII (15%) | 678000 | 4.34 |
| RII (35%) | 1582000 | 10.12 |
| Total Shares | 4520000 | 28.92 |
| Retail portion will be oversubscribed by | ? | |
| Forms | ||
| How much Shares to Apply in Mason Infratech IPO? | ||
| Min Retail Application | 2000 Shares | Rs. 128000 |
| Min HNI Application | 4000 Shares | Rs.256000 |
Who are the Promoters of Mason Infratech IPO?
The promoters of the company are Asit Thakkar Dattani, Ashutosh Juthani and Smeet Thakkar Dattani.
What are the Objects of Mason Infratech IPO?
The Offer comprises of a Fresh Issue of Equity shares & also offer for sale.
The company intends to utilize the proceeds of the issue to meet the following objects:
To meet the working capital requirements.
General corporate purposes
| Mason Infratech IPO Tentative timetable | |
| IPO opens on | 24 June 2024 |
| IPO Closes on | 26 June 2024 |
| IPO Allotment on | 27 June 2024 |
| Refund Initiation | 28 June 2024 |
| Credit of Shares | 28 June 2024 |
| Listing on | 1 July 2024 |
| Registered Office of the Company Mason Infratech Limited Flat No. 103, Imperia, Mahavir Millenium Vasant Vihar, Pokhran Road, No. 2 Thane – 400610 |
| Who is the Lead Manager of Mason Infratech IPO? Expert Global Consultants Private Limited |
| Who is the Registrar to IPO? Kfin Technologies Limited |
| Mason Infratech IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Crore | Rs. | % | |
| 2020-21 | 3.50 | 0.81 | 0.06 | – 6.29 |
| 2021-22 | 30.11 | 2.85 | 1.21 | 59.33 |
| 2022-23 | 64.06 | 6.41 | 2.68 | 51.32 |
| Book Value of the Share on | 31.03.2023 | Rs 16.20 | ||
| BV of the Share at cap price | after the IPO | Rs. | ||
| Offer Price/upper band | Rs. 64 | |||
| Mason Infratech IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 23.88 |
| Price/BV Ratio | ? |
| Upper price/BV after IPO | – |
How Mason Infratech IPO compares with the Peers?
| As on date of RHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Cr | |||
| Mason Infratech | 10 | 64 | 23.88 |
| Capacites Infra | 10 | 1799 | 22.13 |
| Atal Realtech | 10 | 41 | 4.90 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Mason Infratech IPO To the point Guidance
Mason Infratech is real estate construction Company providing construction services for Residential as well as Commercial buildings of new and redevelopment projects. It specializes in executing civil contracts.
Size: The net IPO size is 4520000 shares/ Rs. 28.92 crore. The retail portion is only Rs. 10.12 crore and HNI portion is only Rs. 4.34 crore. So getting one time subscription is not an issue. Considering investor fancy, the IPO can get huge oversubscription.
Financial Snapshot: The company has shown sharp rise in the topline and the bottom-line during last 3 years. However, being in the construction business, and possibility of more project completion, such rise in the net profit is not impossible. The shares are offered at reasonable valuation. There is small room for listing gains.
Quicklinks
Mason Infratech IPO GMP today details?
Mason Infratech IPO
Mason Infratech IPO FAQs
What is Mason Infratech IPO?
Mason Infratech is a SME IPO of 4760000 equity shares of the face value of Rs. 10 aggregating up to Rs.30.46 Crores. The issue is priced at Rs.62-64 per share. The minimum order quantity is 2000 Shares.
When will Mason Infratech IPO open?
Mason Infratech IPO opens on June 24, 2024, and closes on June 26, 2024.
What is the lot size of Mason Infratech IPO?
Mason Infratech IPO lot size is 2000 Shares, and the minimum amount required is Rs.128000.
How to apply for Mason Infratech IPO?
You can apply in Mason Infratech IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Mason Infratech IPO allotment?
The finalization of Basis of Allotment for Mason Infratech IPO will be done on 27 Junw, 2024, and the allotted shares will be credited to your demat account by June 28, 2024.
When is Mason Infratech IPO listing date?
Mason Infratech IPO listing date is July 1, 2024.
