Mason Infratech Builds Solid Gains with 37.5% Premium on NSE SME Debut

Mason Infratech's NSE SME debut on July 1 saw shares listed at Rs 88, a 37.5% premium over the Rs 64 issue price. The Rs 30.4 crore IPO will fund the company's real estate construction operations in Mumbai.
Mason Infratech Builds Solid Gains with 37.5% Premium on NSE SME Debut

Mason Infratech made a strong debut on NSE SME on July 1, with shares listing at Rs 88, a 37.5% premium over the Rs 64 issue price. The Rs 30.4 crore IPO funds will support the real estate construction company’s operations in the Mumbai Metropolitan Area.

The IPO, open from June 24 to 26 with a price band of Rs 62 to 64, saw robust investor interest, being oversubscribed 32.89 times. Non-institutional investors and retail participants led the demand. The minimum investment for retail investors was Rs 1,28,000 for 2,000 shares.

Mason Infratech Limited provides comprehensive construction services for residential and commercial buildings in the Mumbai Metropolitan Region. Specializing in civil contracts, MEP, and finishing works, they employ innovative technologies and industry best practices. Despite being a young company, their experienced management has successfully executed 3.8 million sq. ft. of projects, earning recognition for rapid growth and construction efficiency.

Mason Infratech’s IPO aims to fund working capital needs with ₹16.30 crore, addressing anticipated increases in receivables, inventory, and payables. The remaining funds will support general corporate purposes, including business development, salaries, and operational expenses.

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