Mason Infratech Limited (NSE SME)
Jun 24, 2024 - Jun 26, 2024
| Price | ₹62 - ₹64 |
| Premium | ₹10 |
|---|---|
| Lot size | 2000 |
| Allotment | Jun 27, 2024 |
| Listing | Jul 1, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 128000 | 792 |
| HNI | 2 | 4000 | 256000 | 340 |
Last updated on 26-Jun-2024 17:01:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 904000 | 12114000 | 13.4 |
| NIB | 680000 | 34376000 | 50.55 |
| RETAIL | 1584000 | 57958000 | 36.59 |
| Total | 3168000 | 104448000 | 32.97 |
| Retail Apps | 28979 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹4.34 | @8% ₹4.96 | @9% ₹5.58 | @10% ₹6.2 | @11% ₹6.82 | @12% ₹7.45 |
Mason Infratech IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.28% | 1584000 |
| NII (HNI) | 14.29% | 680000 |
| Anchor | 28.40% | 1352000 |
| QIB | 18.99% | 904000 |
| Market Maker | 5.04% | 240000 |
| Total | 100.00% | 4760000 |
Mason Infratech IPO Details
| Issue Size | 4,760,000 shares (aggregating up to ₹30.46 Cr) |
| Fresh Issue | 4,760,000 shares (aggregating up to ₹30.46 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,812,500 |
| Share holding post issue | 17,572,500 |
| Market maker's Portion | 240,000 Globalworth Securities |
Key Performance Indicator
| KPI | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 43.47% | 51.32% | 59.33% |
| ROCE | 30.98% | 35.73% | 37.28% |
| RONW | 43.47% | 51.32% | 59.33% |
| D/E | 0.94 | 1.16 | 1.08 |
| EPS (basic) | 4.05 | 2.68 | 1.21 |
| P/E Pre IPO | 24.33 | ||
| P/E Post IPO | 16.57 |
Company Financials
Mason Infratech Limited Financial Information (Restated)
Mason Infratech Limited's revenue increased by 112.76% and profit after tax (PAT) rose by 121.56% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|
| Assets | 6,166.01 | 4,206.31 | 3,018.60 | 627.93 |
| Revenue | 5,690.56 | 6,405.51 | 3,010.72 | 349.61 |
| Profit | 509.01 | 337.01 | 152.11 | 7.85 |
| Net Worth | 1,541.18 | 800.44 | 512.91 | -0.17 |
| Reserves | 541.18 | |||
| Borrowing | 1,445.17 | 931.43 | 556.16 | 112.32 |
| Amount in ₹ Lakhs | ||||
About Company
Mason Infratech Limited, incorporated in 2020, is a dynamic real estate construction company specializing in both residential and commercial buildings, including new and redevelopment projects. The company offers a comprehensive range of construction services tailored for residential, corporate, and commercial buildings, primarily operating within the Mumbai Metropolitan Area. Demonstrating remarkable growth, Mason Infratech's revenue surged from ₹348.92 lakhs in fiscal 2020 to ₹6380.93 lakhs in fiscal 2023. In recognition of its rapid expansion and innovative approach to integrated and collaborative working, the company received the Corporate Excellence Award in 2022 from Brand Connect Network Private Limited. As of December 31, 2023, Mason Infratech employed 141 skilled staff members and relied on various contract labourers to support its extensive project portfolio.
Strength Factor
Experienced Promoters and Skilled Workforce: Mason Infratech Limited benefits from the expertise of its experienced promoters and a skilled workforce, ensuring high-quality construction and efficient project management.
Customer-Centric Approach: The company places a strong emphasis on customer satisfaction, tailoring its services to meet the specific needs and preferences of its clients.
Technology-Focused Operations: By leveraging advanced technology, Mason Infratech enhances operational efficiency and customer experiences, positioning itself at the forefront of modern construction practices.
Risk Factor
Client Concentration: As of March 31, 2024, 80.60% of Mason Infratech's Order Book is derived from its top five clients, making the company significantly reliant on a small number of customers.
Project Completion Risks: Failure to complete ongoing projects on time or at all could negatively impact the company's business, financial results, and overall condition.
Labour Dependency: The company's operations are heavily dependent on the availability of labourers from sub-contractors. Any labour shortages, strikes, increased wage demands, or regulatory changes could adversely affect cash flows and operational results.
Mason Infratech IPO Lead Manager(s)
- Expert Global Consultants Private Limited
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: masoninfra.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/