Mason Infratech Limited SME IPO

Issue Size (Net)
up to ₹ 30.46 Cr

Price Band
₹ 62 to ₹ 64 per share

Issue Opens
Jun 24, 2024

Issue Closes
June 26, 2024

1. Company Information


Incorporated in 2020, Mason Infratech Limited is a real estate construction company that provides construction services for both residential and commercial buildings, including new and redevelopment projects. The company offers comprehensive construction services for residential, corporate, and commercial buildings.
The company mainly operates in the Mumbai Metropolitan Area.
The company was honoured with a Corporate Excellence Award in 2022 for being the Fastest Growing Construction Company (Integrated and Collaborative Working) by Brand Connect Network Private Limited.
The company focuses on residential and commercial buildings, with revenue increasing from ₹ 348.92 lakhs in fiscal 2020 to ₹ 6380.93 lakhs in fiscal 2023.

2. Objects of the Issue

To Meet Working Capital Requirement
General Corporate Purpose
To Meet the Offer Expenses

Mason Infratech Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets6,166.014,206.313,018.60627.93
Revenue5,690.566,405.513,010.72349.61
Profit After Tax509.01337.01152.117.85
Net Worth1,541.18800.44512.91-0.17
Reserves and Surplus541.18
Total Borrowing1,445.17931.43556.16112.32
Amount in ₹ Lakhs

Mason Infratech Limited Day-wise IPO GMP Trend

GMP DateIPO PriceGMP MovementEstimated Listing PriceLast Updated
01-07-2024 Listing64.00₹10 – No Change₹74 (15.62%)1-Jul-2024 9:23
30-06-202464.00₹10 – No Change₹74 (15.62%)30-Jun-2024 23:30
29-06-202464.00₹10 – Down₹74 (15.62%)29-Jun-2024 23:28
28-06-202464.00₹15 – No Change₹79 (23.44%)28-Jun-2024 11:53
27-06-2024 Allotment64.00₹15 – No Change₹79 (23.44%)27-Jun-2024 12:23
26-06-2024 Close64.00₹15 – No Change₹79 (23.44%)26-Jun-2024 13:53
25-06-202464.00₹15 – No Change₹79 (23.44%)25-Jun-2024 11:55
24-06-2024 Open64.00₹15 – Up₹79 (23.44%)24-Jun-2024 9:59
23-06-202464.00₹0 – No Change₹64 (0%)24-Jun-2024 0:28
22-06-202464.00₹0 – No Change₹64 (0%)23-Jun-2024 0:27
21-06-202464.00₹0 – No Change₹64 (0%)22-Jun-2024 0:30
20-06-202464.00₹0 – No Change₹64 (0%)21-Jun-2024 0:32
19-06-202464.00₹0 – No Change₹64 (0%)20-Jun-2024 0:29
 

Mason Infratech Limited SME IPO Details

SME IPO Issue Opening Date:June 24, 2024
SME IPO Issue Closing Date:June 26, 2024
SME IPO Issue Price:Rs.62 to Rs.64 per share
Face Value₹10 Per Equity Share
Lot Size2000 Shares
Issue Size4,760,000 shares(aggregating up to Rs.30.46 Cr)
Fresh Issue4,760,000 shares(aggregating up to Rs.30.46 Cr)
Issue TypeBook Built Issue IPO
IPO Listing At:NSE SME

Mason Infratech Limited SME IPO Timeline (Tentative Schedule)

EventTentative Date
Opening DateMonday, June 24, 2024
Closing DateWednesday, June 26, 2024
Basis of AllotmentThursday, June 27, 2024
Initiation of RefundsFriday, June 28, 2024
Credit of Shares to DematFriday, June 28, 2024
Listing DateMonday, July 1, 2024
Cut-off time for UPI mandate confirmation5 PM on June 26, 2024

Prospectus File

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