Issue Price
₹64
Per Share
GMP
NIL
Grey Market
Est. Listing
₹64
Expected Price
Min. Application
₹256,000
2 lots × 2000 shares
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.
Mason Infratech Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 240,000 | — | ₹1.54 Cr | — |
| TOTAL | 4,760,000 | 100.00% | ₹30.46 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹128,000 |
| Retail (Max) | 13 | 26,000 | ₹1,664,000 |
| sNII (Min) | 14 | 28,000 | ₹1,792,000 |
| bNII (Min) | 68 | 136,000 | ₹8,704,000 |
| Particulars | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 5690.56 | 6405.51 | 3010.72 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 509.01 | 337.01 | 152.11 |
| Net Worth | 1541.18 | 800.44 | 512.91 |
| Total Assets | 6166.01 | 4206.31 | 3018.60 |
| Reserves & Surplus | 541.18 | N/A | N/A |
| Total Borrowings | 1445.17 | 931.43 | 556.16 |