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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.

Mason Infratech Ltd IPO Details

Total Shares Offered

₹ 47,60,000

Offer to Public

TBA

Retail Max (Shares)

₹ 15,84,000

Pre Issue Promoters Holding

₹ 1,07,64,251

Exchange

NSE

Issue size

₹ 30.46 Cr

IPO Open Date

Jun 24, 2024

Close Date

Jun 26, 2024

Lot Size

2000

Min Investment

₹ 1,24,000

Issue Type

Book Building - SME

Listing Date

Jul 1, 2024

Mason Infratech Ltd IPO Dates

Jun 24, 2024

Opening date

Jun 26, 2024

Closing date

Jun 27, 2024

Basis of Allotment

Jun 28, 2024

Initiation of Refunds

Jun 28, 2024

Credit of Shares

Jul 1, 2024

Listing date

Details

Sector	Type
Sector	Construction
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	2256000
NII	0x	680000
Retail	0x	1584000
Employee	0x	0
Total	0x	4760000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

2256000

680000

1584000

4760000

Mason Infratech Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	112.10	93.79	5.88
EBITDA	27.97	19.99	7.40
PAT	17.09	11.65	3.16
Total Assets	91.07	51.94	39.20
Share Capital	17.57	12.81	10.00
Total Borrowings	47.53	17.94	14.82
Operating Activities (Net Cash)	19.67	13.59	4.68
Investing Activities (Net Cash)	25.86	3.96	0.00
Financing Activities (Net Cash)	47.53	17.94	14.82
Net Cashflow	1.43	1.27	0.17

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 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.

How To Apply for Mason Infratech Ltd IPO Online?

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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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Mason Infratech Ltd IPO?

Mason Infratech Ltd's IPO offers shares for up to 30.46 It begins on Jun 24, 2024 and ends on Jun 26, 2024.

What is the price of the Mason Infratech Ltd IPO?

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

What are the open and close dates for the Mason Infratech Ltd IPO?

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

When will the Mason Infratech Ltd IPO be allotted?

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.

What is the minimum lot size required for Mason Infratech Ltd IPO?

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

What is the GMP of Mason Infratech Ltd IPO?

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

How do you check the allotment status of Mason Infratech Ltd IPO?

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.'

Where is the Mason Infratech Ltd IPO getting listed?

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.

How do you apply for the Mason Infratech Ltd IPO?

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.