Mason Infratech IPO Allotment Status Online

Mason Infratech IPO Allotment Status Online

Mason Infratech IPO Allotment Status Online : Mason Infratech IPO is Open on June 24, 2024 and Close on June 26, 2024. Mason Infratech IPO to Raise 4,760,000 shares (Approx ₹30.46 Cr) via IPO. The Fresh Issue of 4,760,000 shares (Approx ₹30.46 Cr). 

  • The Retail Quota Is 35%
  • QIB Is 50%
  • HNI Is 15%.

Mason Infratech IPO Basis of Allotment Status on 27 June, 2024. Mason Infratech IPO Refund Date is 28 June 2024 and Mason Infratech IPO Credit to Demat on 28 June 2024.

Also Read: Mason Infratech IPO Details Today, Date, Price, GMP, Review

Mason Infratech IPO Allotment Link Online

About –

Mason Infratech Incorporated in 2020 We are real estate construction Company providing construction services for Residential as well as Commercial buildings of new and redevelopment projects. We specialize in executing civil contracts. We are also working on lifestyle projects and high-value standalone buildings. Our team is well-versed in the latest industry practices, ensuring that we remain up to date with the technological advancements in construction.

We understand the unique requirements of each project and tailor our services accordingly. Our comprehensive suite of offerings covers the entire project lifecycle, includingplanning, designing, procurement, construction, and post-construction services. We provide end-to-end construction services for residential buildings (“Residential”), corporate officebuildings and buildings for commercial purposes (collectively, “Commercial”). Our capabilitiesinclude constructing concrete building structures as well as composite steel structures.

We also provide mechanical, electrical, and plumbing (“MEP”) and finishing works. Our Company is young, but the management carry several years of experience in the infrastructure business throughout India. They have extensive expertise in the field of building Residential and Commercial Projects. 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.

We believe 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 us to have timely access to key equipment required for our business. We use specialised formwork technologies, including vertical composite panel system forcolumns, horizontal composite panel system for slabs, crane enabled composite table formwork, aluminium composite panel formwork and automatic climbing system formwork.

Our Company is focused on Residential and Commercial buildings, with growth in revenue of operations from ₹ 348.92 lakhs for fiscal 2020 to ₹ 6380.93 lakhs for Fiscal 2023.

Type of Projects Allocated

1. Reinforced Cement Concrete (RCC) : Our Scope of work includes R.C.C. work, rubble stone, light weight block Masonry and external plastering etc. work including all types of material, labour, and other tools. All work under the projects is carried out as per the applicable industry norms. Reinforcement steel and ready-mix concrete is excluded from the contract. It shall be provided by the developer, however unloading, and stacking of steel including labour charges for the same shall be in the scope of the company.

2. Lock & Key: In such type of project our scope of work includes entire Civil & Finishing work, electrical, plumbing, drainage and sanitation, firefighting, carpentry works, STP (Civil Works), Windows, elevators but excluding excavation, shore piling works and major equipments i.e., substation, DG, Solar, MGL Gas line, OWC, STP electromechanical Equipments as specifically excluded from scope. All materials to be provided and fixed by the company and all samples shall
be submitted to the developer for approval before the start of work.

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