Mason Infratech IPO
Mason Infratech Ltd
₹1,24,000 /2000 sharesMinimum Investment
Mason Infratech IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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24 Jun ‘24 - 26 Jun ‘24 | ₹1,24,000 | 2,000 | ₹62 - ₹64 |
Mason Infratech is a real estate construction company specialising in executing civil contracts. Its activities span residential and commercial buildings in new and redevelopment projects. As an engineering, procurement, and construction service provider (EPC player), its offerings cover the entire project lifecycle, including planning, designing, procurement, construction, and post-construction services.
The company’s capabilities include constructing concrete building structures and composite steel structures. It also provides mechanical, electrical, and plumbing (MEP) services and finishing works. As per the IPO filing, the company has an active order book of 3.8 million square feet of space under works.;
Managing director
Mr. Asit Thakkar Dattani
Parent organisation
Mason Infratech Ltd
Strengths & Financials of Mason Infratech
Mason Infratech has experienced significant financial growth over the past three years. Total income increased from Rs 3.49 crore in FY21 to Rs 30.09 crore in FY22 to Rs 63.81 crore in FY23. Net profit, too, rose from Rs 0.08 crore in FY21 to Rs 1.52 crore in FY22 and Rs 3.37 crore in FY23.
The company utilises advanced construction technologies, such as temperature-controlled concrete for large pours, self-compacting concrete for complex structures, and specialised concrete for vertical pumping in high-rise buildings.
The company adheres to quality control measures and uses the latest construction technologies and materials to ensure that every project meets or exceeds client expectations.
Projects from the top five clients account for 96.68% of Mason Infratech's order book. Losing any of these clients could significantly impact the company’s business.
Mason Infratech relies heavily on a large workforce supplied by subcontractors at their project sites. Any shortage of labour, strikes, work stoppages, increased wage demands, or changes in labour laws could negatively affect the company’s cash flow and operations.
As of November 30, 2023, the company had secured long-term vehicle and term loans worth ₹5.00 crore and a secured short-term cash credit of ₹2.078 crore. Any inability to service or repay these loans could negatively impact the company.
The company’s primary operational focus lies within the Mumbai Metropolitan Region (MMR). Thus, the performance and stability of its business depend heavily on the economic conditions within the MMR. Any disruption of the business environment in this region could adversely impact the company.
The company has experienced negative cash flows in earlier periods. Any negative cash flows in the future could adversely affect the company’s financial condition.
Mason Infratech Financials
*All values are in Rs. Cr
Application Details of Mason Infratech IPO
Apply as | Price band | Apply Range |
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Regular | ₹62 - 64 | ₹2 - 5 Lakh |
High Networth Individual | ₹62 - 64 | ₹2 - 5 Lakh |
For Mason Infratech IPO, eligible investors can apply as Regular.