Mason Infratech Limited IPO
- IPO Date24 Jun, 2024 to 26 Jun, 2024
- Listing Date01 Jul, 2024
- Face Value₹10 per share
- Issue Price₹62 to ₹64 per share
- Lot Size2000 Shares
- Minimum Investment₹1,28,000
- Listing AtNSE SME
- Total Issue Size47,60,000 Shares
(aggregating up to ₹30.46 Cr) - Fresh Issue47,60,000 Shares
(aggregating up to ₹30.46 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,28,12,500
- Shareholding post issue1,75,72,500
IPO Dates
Closing Date
26 Jun, 2024
Initiation of Refunds
28 Jun, 2024
Listing Date
01 Jul, 2024
24 Jun, 2024
Opening Date
27 Jun, 2024
Basis of Allotment
28 Jun, 2024
Credit of Shares
Mason Infratech Limited Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Max) | - | - | - |
| S-HNI (Min) | 2 | 4000 | ₹2,56,000 |
| Retail (Min) | 1 | 2000 | ₹1,28,000 |
| B-HNI (Min) | - | - | - |
| Retail (Max) | 1 | 2000 | ₹1,28,000 |
Mason Infratech Limited Promoter Holding
The promoters of the company are Asit Thakkar Dattani, Ashutosh Juthani and Smeet Thakkar Dattani.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 98.2% | 71.6% |
Mason Infratech Limited COMPANY INFORMATION
Mason Infratech IPO is a book built issue of Rs 30.46 crores. The issue is entirely a fresh issue of 47.6 lakh shares. 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 list on NSE SME with tentative listing date fixed as Monday, July 1, 2024. Mason Infratech IPO price band is set at ₹62 to ₹64 per share. The minimum lot size for an application is 2000 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. Expert Global Consultants Private Limited is the book running lead manager of the Mason Infratech IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Mason Infratech IPO is Globalworth Securities. Refer to Mason Infratech IPO RHP for detailed information.
Incorporated in 2020, Mason Infratech Limited is a real estate construction company that provides construction services for both residential and commercial buildings, including new and redevelopment projects.
The company offers comprehensive construction services for residential, corporate, and commercial buildings.
The company mainly operates in the Mumbai Metropolitan Area.
The company was honoured with a Corporate Excellence Award in 2022 for being the Fastest Growing Construction Company (Integrated and Collaborative Working) by Brand Connect Network Private Limited.
The company focuses on residential and commercial buildings, with revenue increasing from ₹ 348.92 lakhs in fiscal 2020 to ₹ 6380.93 lakhs in fiscal 2023.
As of December 31, 2023, the company had 141 skilled staff members and utilized various contract labourers to support its projects.
FAQs About Mason Infratech Limited Ipo
Mason Infratech Limited IPO will open on 24 Jun, 2024 and close on 26 Jun, 2024. Investors must apply within this period to participate.
The Mason Infratech Limited IPO price band is set between ₹62.00 and ₹64.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹128000.00.
The Mason Infratech Limited IPO shares are expected to be listed on 01 Jul, 2024, subject to regulatory approvals and final allotment.
You can track your Mason Infratech Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Mason Infratech Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.