Mason Infratech IPO Details Today : Mason Infratech IPO Details Today is Open on 24 June 2024 and Close on 26 June 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).
Our Company 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.
Mason Infratech IPO Date & Price Band Details
| IPO Open Date | 24 June 2024 |
|---|---|
| IPO Close Date | 26 June 2024 |
| IPO Size | 4,760,000 shares (Approx ₹30.46 Cr) |
| Fresh Issue | 4,760,000 shares (Approx ₹30.46 Cr) |
| Lot Size | 2000 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹64 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Mason Infratech IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹128,000 |
| Retail Maximum | 1 | 2000 | ₹128,000 |
| S-HNI Minimum | 2 | 4000 | ₹256,000 |
Object of the Issue
- To meet the working capital requirements.
- General corporate purposes.
Mason Infratech IPO Allotment & Listings (Details)
| IPO Open Date | 24 June 2024 |
|---|---|
| IPO Close Date | 26 June 2024 |
| Basis of Allotment | 27 June 2024 |
| Refunds | 28 June 2024 |
| Credit to Demat Account | 28 June 2024 |
| IPO Listing Date | 1 July 2024 |
Mason Infratech Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| Dec 2023 | ₹42.02 | ₹37.66 | ₹3.16 |
| 2023 | ₹64.06 | ₹59.94 | ₹3.37 |
| 2022 | ₹30.11 | ₹28.45 | ₹1.52 |
| 2021 | ₹3.50 | ₹3.40 | ₹0.08 |
Our Company Promoters
- Asit Thakkar Dattani
- Ashutosh Juthani
- Smeet Thakkar
Qualitative Factors
- Experienced Promoters and access to skilled workforce.
- Customer-Centric Approach.
- Technology focused operations resulting in operational efficiency and enhancing customer experiences.
- Optimal Utilization of Resources.
Mason Infratech Comparison Listed Industry Peers Group
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| Mason Infratech Limited | 10.00 | 2.68 | [.] | 51.32% | 6.37 | 6380.93 |
| Peer Group | ||||||
| Capacit'e Infraprojects Limited | 10.00 | 14.04 | 68.06 | 9.35% | 151.21 | 1,79,858.70 |
| Atal Realtech Ltd | 10.00 | 1.47 | 9.59 | 6.30% | 24.03 | 4,063.00 |
Comparison of accounting ratios with listed industry peers
- Mason Infratech Limited.
- Capacit’e Infraprojects Limited.
- Atal Realtech Ltd.
Mason Infratech Company Contact Details
Flat No. 103, Imperia, Mahavir Millenium, Vasant Vihar, Pokhran Road,
No. 2, Thane – 400610, Maharashtra, India.
Tel No: 8828824599
Website: www.masoninfra.com
Email: info@masoninfra.com
Mason Infratech IPO Registrar
KFin Technologies Limited
Selenium Tower-B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500032,
Telangana, India
Telephone: +91 40 6716 2222
Email: masoninfra.ipo@kfintech.com
Investor grievance email:einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M Murali Krishna
