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Mason Infratech Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Mason Infratech Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹64

Per Share

Lot Size

2000 Shares

Minimum Investment

₹1,28,000

Issue Size

₹30.46 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

35%

QIB Quota

50%

NII Quota

15%

IPO Timeline

Important dates for your applying strategy.

IPO Opens24 Jun
IPO Closes26 Jun
Basis of Allotment27 Jun
Refund Initiation28 Jun
Shares Credited28 Jun
Listing Date1 Jul
IPO Process Completed

Subscription Status

Live demand across investor categories.

Track real-time subscription levels:

*Real-time data subject to exchange updates

Qualified Institutional Buyers (QIB)0.00x
Non-Institutional Investors (NII)0.00x
Retail Individual Investors (RII)0.00x
Overall Subscription0.00x

Mason Infratech Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

84.01%

Promoter Holding (Post-Issue)

61.26%

Issue Type

Book Building - SME

ISIN

INE0SH001010

About the Company

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.

Industry Overview

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.

Company History

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.

Products & Services

  • The Company is real estate construction Company providing construction services for Residential as well as Commercial buildings of new and redevelopment projects.

Growth 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.

Customer Base

Wholesaler and Retailer

Financial Performance

Revenue, profit after tax and total assets across the last 2 reported financial years.

Consolidated figures
Financial Performance Categories

Revenue

+19.5%vs FY24

Amount in ₹ crore

93.8
112
FY24FY25

Profit After Tax (PAT)

+46.7%vs FY24

Amount in ₹ crore

11.7
17.1
FY24FY25

Total Assets

+101%vs FY24

Amount in ₹ crore

78.3
158
FY24FY25

Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY25.

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public issue of 47,60,000** equity shares of face value of Rs. 10/- each ("Equity Shares") of Mason Infratech Limited ("Company") for cash at a price of Rs. 64/- per equity share (including a share premium of Rs. 54/- per equity share) ("Issue Price") aggregating up to Rs. 30.46** crores of which up to 2,40,000** equity shares of face value of Rs. 10/- each for cash at a price of Rs. 64/- per equity share including a share premium of Rs. 54/- per equity share aggregating to Rs. 1.54** crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 45,20,000** equity shares of face value of Rs. 10/- each at a price of Rs. 64/- per equity share aggregating to Rs. 28.93** crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.09% and 25.72% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10/- each. the issue price is 6.4 times the face value of the equity shares. **Subject to finalization of the basis of allotment.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

Strengths and Risk 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.
  • 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.
  • The company does not have long-term agreements with its suppliers for raw materials, which poses a risk to the company's ability to procure the desired quality and quantity of raw materials in a timely manner and at reasonable costs, or at all. Additionally, its reliance on subcontractors and third parties for the supply of raw materials, non-Core Assets, and certain services in the construction of its projects may expose it to risks that could adversely affect its reputation, business, and financial condition. If the company subcontractors and third parties fail to adhere to regulatory requirements, its may also be subject to penalties.
  • Its primary operational focus lies within the Mumbai Metropolitan Region (MMR).

Frequently Asked Questions

01

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.
03

When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.
04

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.
05

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.