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Mason Infratech Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Mason Infratech Ltd IPO

Registered Office: Flat No 103 Imperial Mahavir-,Millenium V.Vihar Pokhran Rd 2 , Thane - 400610 , Maharashtra , India.
Phone : +91 88288 24599   Fax:
Email :  info@masoninfra.com  
Website :  www.masoninfra.com
Initial public issue of 47,60,000** equity shares of face value of (Rs)10/- each ("Equity Shares") of Mason Infratech Limited ("Company") for cash at a price of (Rs)64/- per equity share (including a share premium of (Rs)54/- per equity share) ("Issue Price") aggregating up to (Rs)30.46** crores of which up to 2,40,000** equity shares of face value of (Rs)10/- each for cash at a price of (Rs)64/- per equity share including a share premium of (Rs)54/- per equity share aggregating to (Rs)1.54** crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 45,20,000** equity shares of face value of (Rs)10/- each at a price of (Rs)64/- per equity share aggregating to (Rs)28.93** crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.09% and 25.72% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is (Rs)10/- each. the issue price is 6.4 times the face value of the equity shares. **Subject to finalization of the basis of allotment.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Jun-24 26-Jun-24 (Rs)64.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 26.43
Expert Global Consultants Pvt Ltd
Project Financed through Current Offer 30.46  
Post Issue Equity Share Capital 17.57  
Issue Price (Rs)64.00  
 
Projects
To meet the working capital requirementsGeneral corporate purposes
Promoted By
Asit Thakkar Dattani  
Ashutosh Juthani  
Smeet Thakkar Dattani  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd