Mason Infratech Ltd IPO: Review, Valuation, Opening Date & GMP

Mason Infratech Limited IPO-Complete Overview

Mason Infratech Limited, founded in 2020, is a real estate construction firm that offers residential and commercial structures services, including new and renovation projects. The company provides extensive construction services for residential, business, and industrial buildings. The organization mostly operates in the Mumbai metropolitan area.

Brand Connect Network Private Limited awarded the company the Corporate Excellence Award in 2022 for being the Fastest Growing Construction Company (Integrated and Collaborative Working).

With a concentration on residential and commercial buildings, the company's income increased from Rs.348.92 lacs in the 2020 Fiscal Year to Rs. 6380.93 lacs in the 2023 Fiscal Year.

As of the end of 2023, the company had 141 skilled employees and acquired numerous contract laborers to assist its projects.

Dear readers, we are pleased to provide details about the approaching IPO. The company plans to launch its IPO on June 24, 2024.

Let's take a closer look at the IPO's offerings below.

Mason Infratech Limited IPO Overview

Mason Infratech Limited IPO is an SME book-built issue of Rs.30.46 crore with a whole Fresh Issue of 47.6 lacs shares (amounting to Rs.30.46 crore). The IPO will be available to investors on June 24, 2024, and conclude on June 26, 2024. The anticipated listing date for the IPO is Monday, July 1, 2024, and it will be held on the NSE and SME. 

The price band of the share is Rs.62 to Rs.64.

If You want to apply for this IPO, Click Here to Open a Demat Account.

 

Company Financial

Below is the synopsis of the company's financial data for the financial year that concluded on 30 November 2023.

• The company’s total revenue for the period ended on 30 November 2023 is Rs. 4202.02 lacs.

• The total expenses of the company are Rs 3765.91 lacs.

• The company's EBITDA is Rs.627.72 lacs.

• The total assets of the company for the FY 2023-2024 is Rs.5102.67 lacs.

(Amount in lacs)

 

Revenue Bifurcation

Below is the revenue breakdown for various activities.

(Amount in lacs)

 

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its goals:

• To fulfill the operational capital needs.

• Fundamental business goals.

 

Peers of Mason Infratech Limited 

 

Evaluation

The price of this IPO is Rs.62 to Rs.64 for each share.

 

Evaluation of P/E Ratio

The P/E Ratio of Mason Infratech Limited IPO is 24.33.

 

Comparative Analysis with Listed Peers

The average P/E Ratio of the industry is 14.34.

 

 

IPO's Strengths 

• Knowledgeable promoters and availability of competent workers.

• Centered around customers' approach.

• Administration of modern framework and other key assets.

• Maximum utilization of available resources.

IPO’s Weaknesses 

• Failure to finish its ongoing projects on time or at all could negatively impact its business, operations, and finances.

• The company relies heavily on a reliable workforce from sub-contractors at project locations. Strikes, work stoppages, increased pay demands, or changes in contractual labor restrictions can negatively influence its cash flows and operations.

• The lack of long-term partnerships with raw material suppliers limits its capacity to obtain the necessary quality and quantity.

• Its primary operational focus is on the Mumbai Metropolitan Region (MMR).

• They adhere to high-quality norms, and any failure on their part to comply with the requirements may result in order cancellations and loss of pre-qualification status for future projects.

• Seasonal weather and other changes can impact its business's cash flow and operations.

• Hazards on property sites might negatively impact its business, financial position, and operations, including employees, customers, and third parties.

IPO GMP Today

The Latest GMP of Mason Infratech Limited IPO is Rs.15

Mason Infratech Limited IPO timetable (Tentative)

The IPO is scheduled from June 24 to June 26, 2024, with allotment on June 27, refund initiation on June 28, and listing on July 1, 2024.

 

Mason Infratech Limited IPO Details 

The IPO with a face value of Rs.10 per share is set to start on June 24, close on 26 June, and offer a total issue size aggregating up to Rs.30.46 Cr a whole fresh issue.

 

Mason Infratech Limited IPO Lot Details 

The IPO allows retail investors to invest in a minimum and maximum of 1 lot (2000 shares) amounting to Rs.128000, while for HNI investors, the minimum lot is 2 (4000 shares) amounting to Rs.256000.

 

Mason Infratech Limited IPO Reservation

 

 

Promoters and Management of Mason Infratech Limited IPO

• Asit Thakkar Dattani.

• Ashutosh Juthani.

• Smeet Thakkar Dattani.

 

Mason Infratech Limited IPO Lead Managers:

Expert Global Consultants Private Limited

 

 

Dividend Policy

The company has not paid any Dividends in the last two Fiscals.

Conclusion

The company has noticed a fall in its total revenue and an increase in total assets in the previous Financial Year(s). To fulfill its objectives, the company is currently conducting an initial public offering (IPO) for the general public.

We believe the information offered in this blog helps you learn about the company's financial performance.

We feel this blog will be very useful to you if you are looking for information about the approaching IPO since it will give you reliable information about the company's, insights, financials, and past performance. If this informative article piques your interest, you may be interested in reading our other related and useful posts on our website.

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Disclaimer: This IPO analysis is only for informational purposes and should not be considered as investment advice. Always do your research and consult with a financial advisor.

 

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