The Mason Infratech Limited date has been confirmed from June 25, 2024 and closes on June 27, 2024. Read the post to learn about The Mason Infratech Limited IPO GMP.
Mason Infratech IPO is a book-built issue of Rs 30.46 crore. The issue is entirely a fresh issue of 47.6 lakh shares. The minimum amount of investment required by retail investors is ₹128,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹256,000.
Start your investing journey today. Find the latest information on SME IPOs.
Key Details Of The Mason Infratech Limited IPO
Bidding Dates
June 24-26
Price Range
₹62 to ₹64 per share
Face Value
₹10 per share
GMP
₹[]
Mason Infratech Limited IPO GMP
The Mason Infratech Limited IPO GMP is ₹[].
IPO Overview
Mason Infratech IPO opens for subscription on June 24, 2024, and closes on June 26, 2024. The allotment for the Mason Infratech IPO is expected to be finalized on Thursday, June 27, 2024. Mason Infratech IPO will be listed on NSE SME with a tentative listing date fixed as Monday, July 1, 2024. Mason Infratech’s IPO price band is set at ₹62 to ₹64 per share. The minimum lot size for an application is 2000 shares.
Mason Infratech Limited IPO Details
| IPO Date | June 24, 2024 to June 26, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹62 to ₹64 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 4,760,000 shares (aggregating up to ₹30.46 Cr) |
| Fresh Issue | 4,760,000 shares (aggregating up to ₹30.46 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,812,500 |
| Share holding post issue | 17,572,500 |
Mason Infratech Limited Financial Information
| Period Ended | 30 Nov 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 5,307.31 | 4,206.31 | 3,018.60 | 627.93 |
| Revenue | 4,202.02 | 6,405.51 | 3,010.72 | 349.61 |
| Profit After Tax | 316.22 | 337.01 | 152.11 | 7.85 |
| Net Worth | 1,329.68 | 800.44 | 512.91 | -0.17 |
| Reserves and Surplus | 329.68 | |||
| Total Borrowing | 1,212.60 | 931.43 | 556.16 | 112.32 |
| Amount in ₹ Lakhs | ||||
Mason Infratech Limited IPO Timeline
| IPO Open Date | Monday, June 24, 2024 |
| IPO Close Date | Wednesday, June 26, 2024 |
| Basis of Allotment | Thursday, June 27, 2024 |
| Initiation of Refunds | Friday, June 28, 2024 |
| Credit of Shares to Demat | Friday, June 28, 2024 |
| Listing Date | Monday, July 1, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 26, 2024 |
Company Profile
Mason Infrastructure, founded in February 2020 as a partnership firm, rebranded to Mason Infratech in April 2023, establishing itself as a top engineering, procurement, and construction (EPC) company in India. Specializing in civil contracting, Mason Infratech embodies youthful energy and experienced partners overseeing major infrastructure projects nationwide.
Transitioning into a limited company, Mason Infratech has become a leader in the industry, focusing on residential and commercial ventures. Our experienced leaders ensure projects
are completed on time with a dedication to high-quality construction. We operate with a strong moral and ethical code, promoting equality and fairness.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | kosmic.kfintech.com |
Contact Details
| Name | The Mason Infratech Limited |
| Phone number | +91 88288 24599 |
| Email ID | [email protected] |
| Website | masoninfra.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Mason Infratech Limited IPO FAQs
When Mason Infratech IPO will open?
The 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 ₹128,000.
When is Mason Infratech IPO listing date?
The Mason Infratech IPO listing date is not yet announced. The tentative date of Mason Infratech IPO listing is Monday, July 1, 2024.
