Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Mason Infratech IPO
Price Band
₹62.0–64.0
Issue Size
₹30.46 Cr
Lot Size
2,000 shares
Min Investment
₹128,000
GMP
+₹10.0 (15.62%)
Issue Price
₹64.0
Subject to Sauda
₹15200
Paid only if allotted
Mason Infratech IPO AI Summary
- Mason Infratech IPO is listed on NSE SME in the Residential, Commercial Projects sector.
- Price band: ₹62.0–₹64.0 per share, lot size 2,000 shares (min. investment ₹128,000).
- Subscription window: 24 Jun–26 Jun 2024, listing on 01 Jul 2024.
- Current GMP is +₹10.0 (15.62%), an estimated listing price of ₹74 — unofficial and can change daily.
Mason Infratech Limited is a rapidly growing construction company focusing on residential and commercial projects in the Mumbai Metropolitan Area. With a strong revenue growth trajectory and a robust workforce, the company is set to enter the public market with its IPO, offering potential opportunities for investors.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Mason Infratech IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 26 Jun 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Mason Infratech IPO Grey Market Premium (GMP) Today
GMP
+₹10.0
GMP %
+15.62%
Est. Listing
₹74.0
Updated: 25 Jul 2026 14:05
About the Company
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.
Company Financials (₹ Cr)
As of 2023-12-31
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 61.66 | 42.06 | 30.19 | 6.28 |
| Total Income | 56.91 | 64.06 | 30.11 | 3.50 |
| Profit After Tax | 5.09 | 3.37 | 1.52 | 0.08 |
| NET Worth | 15.41 | 8.00 | 5.13 | -0.00 |
| Reserves and Surplus | 5.41 | |||
| Total Borrowing | 14.45 | 9.31 | 5.56 | 1.12 |
Key Ratios
EPS
₹2.63
NAV
₹6.37
ROE
43.47%
ROCE
30.98%
RoNW
43.47%
P/B Value
10.05
P/E Ratio
24.33
Market Cap
₹112.46 Cr
PAT Margin
5.28%
Debt/Equity
0.94
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Atal Realtech Limited | 24.03 | 6.3% | 4.9 | 1.47 | 1.47 |
| Capacit'e Infraproject Limited | 151.21 | 9.35% | 22.13 | 14.04 | 14.04 |
| Mason Infratech Limited This IPO | 6.37 | 51.32% | — | 2.68 | 2.68 |
Promoters
Asit Thakkar Dattani, Ashutosh Juthani and Smeet Thakkar Dattani
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 To meet the working capital requirements 19.00 2 General Corporate Purpose 7.43
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Revenue increased significantly from ₹3.50 Cr in the period ending 31 Mar 2021 to ₹30.11 Cr by 31 Mar 2022, and further rose to ₹64.06 Cr by 31 Mar 2023. However, in the most recent period ending 31 Dec 2023, revenue was ₹56.91 Cr, which is lower than the previous year's full fiscal figure, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax grew from ₹0.08 Cr in the period ending 31 Mar 2021 to ₹1.52 Cr by 31 Mar 2022, and then increased to ₹3.37 Cr by 31 Mar 2023. In the latest period ending 31 Dec 2023, profit was ₹5.09 Cr, indicating a positive trend in profitability.
Valuation
Priced at a P/E ratio of 24.33 at the issue price, Mason Infratech's implied P/E is higher than its peer Atal Realtech Limited, which has a P/E of 4.9, but lower than Capacit'e Infraproject Limited, which has a P/E of 22.13.
Key Risks
Investors should consider the company's high debt levels and the volatility of the real estate market, which can be influenced by economic conditions. Additionally, the company's recent revenue decline compared to the previous full fiscal year could pose a risk.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of the expected listing price of an IPO. It reflects the demand and supply dynamics for the shares before they are officially listed. A positive GMP suggests strong demand, while a negative GMP indicates weaker interest.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's growth prospects and market conditions.
Who May Want to Wait
Investors who prefer stable and less volatile investments may want to avoid this IPO, especially given the company's high debt levels and recent revenue fluctuations.
IPO Timeline, Explained
The IPO opens for subscription on June 24, 2024, and closes on June 26, 2024. Allotment of shares will be done on June 27, 2024, with the listing expected on July 1, 2024.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs may see a surge in price due to initial demand, others may decline. Investors should be prepared for potential volatility on the listing day.
This evaluation is generated from Mason Infratech's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Mason Infratech IPO GMP today?
Mason Infratech IPO GMP today is +₹10.0 (15.62%), indicating an estimated listing price of ₹74. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Mason Infratech IPO?
The price band of Mason Infratech IPO is ₹62.0–₹64.0 per share.
When does Mason Infratech IPO open and close?
Mason Infratech IPO opens on 24 June 2024 and closes on 26 June 2024.
When does Mason Infratech IPO list on the stock exchange?
Mason Infratech IPO listed on 01 July 2024 at ₹74.0.
What is the lot size for Mason Infratech IPO?
The lot size for Mason Infratech IPO is 2000 shares, requiring a minimum investment of ₹128,000.
What is the price band for Mason Infratech's IPO?
The price band for the IPO is ₹62.0 to ₹64.0.
What is the minimum investment required?
The minimum investment required is ₹128,000, which corresponds to a lot size of 2000 shares.
When does the IPO open and close?
The IPO opens on June 24, 2024, and closes on June 26, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on unofficial trading.
When is the listing date for Mason Infratech?
The listing date for Mason Infratech is July 1, 2024.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
24 Jun 2024
Close
26 Jun 2024
Allotment
27 Jun 2024
Listing
01 Jul 2024
Similar IPOs in Residential, Commercial Projects
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Mason Infratech?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.