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Open
24 Jun 2024
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Close
26 Jun 2024
3
Allotment
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Listing
Mon, Jul 1, 2024
Price Band
₹62 to ₹64
Issue Size
47,60,000 shares (agg. up to ₹30 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Jul 1, 2024
Latest GMP
₹10
Est. Gain
15.62%
✦ AI Insight
GMP Trend
01-07-2024₹10Est. ₹74+15.62%
30-06-2024₹10Est. ₹74+15.62%
29-06-2024₹10Est. ₹74+15.62%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 23.11x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 61.66 | 42.06 | 30.19 | 6.28 |
| Total Income | 56.91 | 64.06 | 30.11 | 3.50 |
| Profit After Tax | 5.09 | 3.37 | 1.52 | 0.08 |
| NET Worth | 15.41 | 8.00 | 5.13 | -0.00 |
| Reserves and Surplus | 5.41 | |||
| Total Borrowing | 14.45 | 9.31 | 5.56 | 1.12 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| V R Infraspace Ltd. | SME | ₹20.40 Cr | ₹85 | 20.99 | ₹87.40 | +2.82% | ₹102.90 (+5.00%) |
| Suraj Estate Developers Ltd. | Mainboard | ₹400.00 Cr | ₹360 | 35.64 | ₹334.50 | -7.08% | ₹199.18 (-0.03%) |
| Signatureglobal (India) Ltd. | Mainboard | ₹730.00 Cr | ₹385 | null | ₹458.55 | +19.10% | ₹809.70 (+1.88%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 19.00 |
| 2 | General Corporate Purpose | 7.43 |
About Mason Infratech IPO
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.+ Read More
Contact Details
Mason Infratech Ltd. AddressFlat No.103, Imperia, Mahavir MilleniumVasant Vihar, Pokhran Road, No.2Thane, Maharashtra, 400610+91 88288 24599info@masoninfra.comVisit Website