Mason Infratech Ltd IPO

Mason Infratech Limited is real estate construction Company providing construction services for Residential as well as Commercial buildings of new and redevelopment projects. The Company specializes in executing civil contracts. It is also working on lifestyle projects and high-value standalone buildings. Its team is well-versed in the latest industry practices, ensuring that it remains up to date with the technological advancements in construction. The Company understands the unique requirements of each project and tailor its services accordingly. its comprehensive suite of offerings covers the entire project lifecycle, including planning, designing, procurement, construction, and post-construction services.

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50years

Mason Infratech Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
47.6 LTBA15.84 L107.64 LNSE₹ 30.46 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
24 Jun, 2426 Jun, 242000 ₹ 1,24,000 Book Building - SME01 Jul, 24

Mason Infratech Ltd IPO Dates

  • 24 Jun 2024

    Opening date

  • 26 Jun 2024

    Closing date

  • 27 Jun 2024

    Basis of
    Allotment

  • 28 Jun 2024

    Initiation of
    Refunds

  • 28 Jun 2024

    Credit of
    Shares

  • 01 Jul 2024

    Listing date

Details

SectorType
SectorConstruction
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB5.37x225600012114000
NII50.56x68000034382000
Retail36.61x158400057996000
Employee0x00
Total21.95x4760000104492000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Mason Infratech Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations5.88TBATBA
EBITDA7.40TBATBA
PAT3.16TBATBA
Total Assets39.20TBATBA
Share Capital10.00TBATBA
Total Borrowings14.82TBATBA
Operating Activities (Net Cash)4.68TBATBA
Investing Activities (Net Cash)0.00TBATBA
Financing Activities (Net Cash)14.82TBATBA
Net Cashflow0.17TBATBA

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Mason Infratech Ltd

Mason Infratech Limited was originally formed as a partnership firm in the name and style of M/s. Mason Infrastructure through partnership deed dated February 06, 2020.The partnership firm was converted into Private Limited company under part I (Chapter XXI) of the Companies Act, 2013 and incorporated as ason Infratech Private Limited' on April 24, 2023, pursuant to Certificate of Incorporation issued by Registrar of Companies, Central Registration Centre. The Company was converted into a public limited company pursuant to shareholders resolution passed at the General Meeting of the Company held on September 20, 2023, and the name of the Company was changed to Mason Infratech Limited' and a Fresh Certificate of Incorporation dated November 16, 2023 was issued by RoC, Mumbai. The Corporate Identification Number of the Company is U43900MH2023PLC401571.

By 2040, real estate market will grow to Rs. 65,000 crore (US$ 9.30 billion) from Rs. 12,000 crore (US$ 1.72 billion) in 2019. Real estate sector in India is expected to reach US$ 1 trillion in market size by 2030, up from US$ 200 billion in 2021 and contribute 13% to the country's GDP by 2025. Retail, hospitality, and commercial real estate are also growing significantly, providing the much-needed infrastructure for India's growing needs. India's real estate sector is expected to expand to US$ 5.8 trillion by 2047, contributing 15.5% to the GDP from an existing share of 7.3%. In FY23, India's residential property market witnessed with the value of home sales reaching an all-time high of Rs. 3.47 lakh crore (US$ 42 billion), marking a robust 48% year-on-year increase. The volume of sales also exhibited a strong growth trajectory, with a 36% rise to 379,095 units sold. Indian real estate developers operating in the country's major urban centres are poised to achieve a significant feat in 2023, with the completion of approximately 558,000 homes.

Peer Comparison:

  • Capacit'e Infraprojects Ltd
  • Atal Realtech Ltd

Mason Infratech Ltd IPO Key Points

Strengths

  • 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.

Risk

  • Projects awarded from certain clients/customers contribute a significant portion of its Order Book. As of March 31, 2024, projects awarded by the company top five clients/customers, based on its Order Book represented 80.60% of the company's Order Book and further significant reliance on repeated key suppliers and clients/customers for operations.
  • An inability to complete its Ongoing Projects by their respective expected completion dates or at all could have a material adverse effect on its business, results of operations and financial condition.
  • Its business is manpower intensive, and the company is dependent on the supply and availability of a sufficient pool of labourers from sub-contractors at its project locations. Unavailability or shortage of such a pool of the labours or any strikes, work stoppages, increased wage demands by workmen or changes in regulations governing contractual labour may have an adverse impact on its cash flows and results of operations.

Strategy

  • Focus on Construction and Development of High-Rise & Sky Scrapper Buildings.
  • Market Penetration.
  • Focus on Redevelopment and Institutional Construction Projects.
  • Strategic Partnerships and Alliances.
  • 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.

How To Apply for Mason Infratech Ltd Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Mason Infratech Ltd's IPO offers shares for up to ₹ 0 L It begins on Jun 24, 2024 and ends on Jun 26, 2024.

The price of Mason Infratech Ltd IPO ranges between ₹62 to ₹64 per share.

The Mason Infratech Ltd IPO opens on Jun 24, 2024 and closes on Jun 26, 2024.

The allotment for the Mason Infratech Ltd IPO will be finalised on Jun 27, 2024. The shares will be listed on BSE and NSE on Jul 1, 2024.

The minimum lot size for Mason Infratech Ltd IPO is 2000 shares, priced between ₹62 to ₹64 per share.

The GMP (Grey Market Premium) of Mason Infratech Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Mason Infratech Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Mason Infratech Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 24, 2024, and closes on Jun 26, 2024. The allotment is finalised on Jun 27, 2024.

To apply for the Mason Infratech Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.