Mason Infratech IPO
IPO Listing Details
- Listing Date
01 Jul 2024
- Listing Price
₹ 88.00
- Listing Change
37.50%
- Last Traded Price
₹ 124.00
IPO Details
- Open Date
24 Jun 2024
- Close Date
26 Jun 2024
- IPO Price Range
₹ 62 to ₹ 64
- IPO Size
₹ 30.46 Cr
- Listing Exchange
NSE SME
- Listing Date
01 Jul 2024
IPO Timeline
Mason Infratech IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
24-Jun-24 | 0.00 | 0.63 | 1.58 | 0.93 |
25-Jun-24 | 0.00 | 2.26 | 7.31 | 4.14 |
26-Jun-24 | 13.40 | 50.20 | 36.59 | 32.89 |
Last Updated: 05 July 2024 10:32 AM by 5Paisa
Last Updated: 26th June, 2024 by 5paisa
Mason Infratech IPO is all set to open from 24th June to 26th June 2024. It is a real estate construction company. The IPO includes a fresh issue of 4,760,000 shares worth ₹30.46 cr. The share allotment date is 27th June 2024, and the IPO will be listed on 1st July 2024 on the stock exchanges. The price band is ₹62 to ₹64 and the lot size is 2000 shares.
Expert Global Consultants Private Limited is the book-running lead manager for this IPO, while Kfin Technologies Limited is the registrar.
Objectives of Mason Infratech IPO
Mason Infratech Limited plans to utilize the raised capital from the IPO to:
● To fund the working capital requirement.
● General corporate purposes.
Mason Infratech IPO Size
Types | Size (₹Cr) |
---|---|
Total IPO size | 30.46 |
Offer for sale | 30.46 |
Fresh issue | - |
Mason Infratech IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 2000 | ₹128,000 |
Retail (Max) | 1 | 2000 | ₹128,000 |
HNI (Min) | 2 | 4000 | ₹256,000 |
Mason Infratech IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.) |
---|---|---|---|---|
QIB | 13.40 | 9,04,000 | 1,21,14,000 | 77.53 |
NII (HNI) | 50.20 | 6,80,000 | 3,41,36,000 | 218.47 |
Retail | 36.59 | 15,84,000 | 5,79,58,000 | 370.93 |
Total | 32.89 | 31,68,000 | 10,42,08,000 | 666.93 |
Mason Infratech IPO Anchor Allocation
Anchor Bid Date | 21 June, 2024 |
Total no. of shares offered | 1,352,000 |
Portion Size for Anchor Investors | 8.65 Cr. |
Lock in Period for 50% shares (30 days) | 27 July, 2024 |
Lock in Period for rest of shares (90 days) | 25 September, 2024 |
Mason Infratech manufactures is a real estate construction company. It has specialization in civil contracts. It offers Residential and Commercial buildings for new as well as redevelopment projects. Additionally, it also offers services related to lifestyle projects and high-value standalone buildings.
The company’s operations are mainly focused in the Mumbai Metropolitan Region (MMR).
Peer Comparison
● Capacit'e Infraproject Limited
● Atal Realtech Limited
For More Information
Webstory on Mason Infratech IPO
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 63.80 | 30.09 | 3.48 |
EBITDA | 6.04 | 2.76 | 0.27 |
PAT | 3.37 | 1.52 | 0.07 |
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Total Assets | 42.06 | 30.18 | 6.27 |
Share Capital | 8.00 | 5.12 | -0.0017 |
Total Borrowings | 34.05 | 25.05 | 6.28 |
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Net cash generated from / (used in) operating activities | 2.13 | -2.72 | -0.36 |
Net cash from / (used in) investing activities | -4.12 | -4.32 | -3.27 |
Net cash flow from / (used in) financing activities | 2.06 | 7.28 | 3.25 |
Net increase (decrease) in cash and cash equivalents | 0.07 | 0.23 | -0.37 |
Strengths
1. The company has a Customer-Centric Approach.
2. Its construction capabilities involve the use of various technologies, which is one of its advantages.
3. The company focuses on Optimal Utilization of Resources.
4. Experienced promoters and management team.
Risks
1. The major source of revenue is generated from Mumbai Metropolitan Region (MMR).
2. It is subject to strict quality requirements.
3. The business is subject to seasonal weather.
4. It has significant working capital requirements.
5. It has reported negative cash flow in the past.
in 3easy steps
Using 5paisa App or
Website
to block Payment
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
FAQs
Mason Infratech IPO opens from 24th June to 26th June 2024.
The size of Mason Infratech IPO is ₹30.46 cr.
To apply for Mason Infratech IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for Mason Infratech IPO.
● 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.
The price band of Mason Infratech IPO is fixed at ₹62 to ₹64 per share.
The minimum lot size of Mason Infratech IPO is 2000 shares and the investment required is ₹1,24,000.
The share allotment date of Mason Infratech IPO is 27th June 2024.
The Mason Infratech IPO will be listed on 1st July 2024.
Expert Global Consultants Private Limited is the book-running lead manager for Mason Infratech IPO.
Mason Infratech plans to utilize the raised capital from the IPO to:
● To fund the working capital requirement.
● General corporate purposes.
Contact Information
Mason Infratech
Mason Infratech Limited
Flat No. 103, Imperia, Mahavir Millenium
Vasant Vihar, Pokhran Road, No. 2
Thane - 400610
Phone: +91 88288 24599
Email: info@masoninfra.com
Website: https://www.masoninfra.com/
Mason Infratech IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: masoninfra.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Mason Infratech IPO Lead Manager
Expert Global Consultants Private Limited
What you must know Mason Infrate...
19 Jun 2024
Mason Infratech IPO Allotment St...
26 Jun 2024
Mason Infratech IPO Subscription...
24 Jun 2024
Mason Infratech IPO Lists at 37....
01 Jul 2024