Mason Infratech Ltd

Mason Infratech Ltd IPO

IPO Price Range: ₹62 - 64

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.

Min Investment

₹1,28,000

IPO Size

₹30 Cr

IPO Status

Closed

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Mason Infratech Ltd

Open Date24 Jun 2024
Close Date26 Jun 2024
Allotment Date27 Jun 2024
Listing Date1 Jul 2024

Key Statistics

Bid Opening DateBid Opening Date24 Jun 2024
Bid Closing DateBid Closing Date26 Jun 2024
Allotment DateAllotment Date27 Jun 2024
Issue SizeIssue Size₹30.46Cr
Quantity in 1 lotQuantity in 1 lot2000

Strength and risks

Strength

Strength

  • Experienced Promoters and access to skilled workforce.

  • Customer-Centric Approach.

  • Technology focused operations resulting in operational efficiency and enhancing customerexperiences.

  • Optimal Utilization of Resources.


Risk

Risk

  • Projects awarded from certain clients/customers contribute a significant portion of its OrderBook. As of March 31, 2024, projects awarded by the company top five clients/customers, based on its Order Book represented 80.60% of the companys 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 orat all could have a material adverse effect on its business, results of operations and financialcondition.

  • 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 companys 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).

  • The company issubject to strict quality requirements and any failure on its part to comply with quality standards may lead to cancellation of orders, loss of pre-qualification status for future projects.

  • Its business is subject to seasonal weather and other fluctuations that may affect the companys cash flows and business operations.

  • Its operations and the work force, customers and/ or third parties on property sites are exposedto various hazards, which could adversely affect its business, financial condition, and resultsof operations.

  • The company has incurred borrowings from a commercial bank and its inability to comply with repayment and other covenants in its financing agreements could adversely affect the companys business and financial condition.

  • Certain unsecured loans have been availed by it which may be recalled by lenders.

Promoters Holding

Investors Holdings %
Asit Thakkar Dattani16.06%
Ashutosh Juthani36.14%
Smeet Thakkar Dattani31.81%

About Mason Infratech Ltd

OrganisationMason Infratech Ltd
HeadquartersThane
IndustryRealty

Frequently Asked Questions

  • What is the size of the Mason Infratech Ltd IPO?

    The size of the Mason Infratech Ltd IPO is ₹30.46Cr .

  • What is 'pre-apply' for Mason Infratech Ltd IPO?

    'Pre-apply' for Mason Infratech Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Mason Infratech Ltd IPO order be placed?

    Your Mason Infratech Ltd IPO order will be placed on 24 Jun 2024.

  • What are the open and close dates of the Mason Infratech Ltd IPO?

    The open and close dates of the Mason Infratech Ltd IPO are 24 Jun 2024 to 26 Jun 2024.

  • What is the lot size and minimum order quantity of the Mason Infratech Ltd IPO?

    The lot size and minimum order quantity of the Mason Infratech Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the Mason Infratech Ltd IPO?

    The potential listing gains on the Mason Infratech Ltd IPO will depend on various market factors and cannot be predicted with certainty.