Mason Infratech Limited, a prominent player in the construction and infrastructure development sector, has officially launched its Initial Public Offering (IPO) today, June 24, 2024. The IPO, which is set to close on June 26, 2024, includes up to 47,60,000 equity shares with a face value of ?10 each, offered in a price band of ?62 to ?64 per equity share.
Mr. Asit Thakkar Dattani, Managing Director of Mason Infratech Limited, expressed his enthusiasm about the IPO launch, stating, "This IPO marks a pivotal moment for Mason Infratech as we continue our journey of growth and expansion in the infrastructure sector. The funds raised will primarily support our working capital requirements and contribute to our general corporate purposes, enabling us to further enhance our operational capabilities and execute projects with efficiency and excellence."
For more information on Mason Infratech Limited's IPO, prospective investors are encouraged to refer to the detailed prospectus available on the websites of the NSE Emerge and the lead manager, Expert Global Consultants Private Limited.
About Mason Infratech Limited:Mason Infratech Limited, originally established as M/s. Mason Infrastructure on February 6, 2020, transitioned from a partnership firm to a private limited company on April 24, 2023, and subsequently to a public limited company on November 16, 2023. Based in the Mumbai Metropolitan Region (MMR), we specialize in constructing residential and commercial buildings, including new projects and redevelopment. Our expertise extends to lifestyle projects and high-value standalone structures, utilizing advanced industry practices to stay abreast of technological advancements.
Our comprehensive suite of services spans the entire project lifecycle: planning, designing, procurement, construction, and post[1]construction services. We offer end-to-end construction services for residential buildings and commercial establishments, including corporate office buildings. Our capabilities encompass concrete and composite steel structures, along with mechanical, electrical, plumbing (MEP), and finishing works. We are recognized for using advanced formwork technologies, which enhance efficiency and reduce construction cycle times in high-rise buildings.
Mason Infratech Limited is committed to excellence and continuous improvement. Our team of seasoned professionals, with extensive experience in the infrastructure sector across India, employs innovative solutions to meet the unique challenges of each project. With approximately 3.8 million sq. ft. of ongoing work, our focus is on timely project execution and superior quality.
Our commitment to owning core assets, such as formwork, tower cranes, and concrete pumps, ensures timely access to essential equipment, facilitating efficient operations. This approach underpins our ability to deliver exceptional results, build long-term client partnerships, and sustain growth.
In recognition of our rapid growth, we received the Corporate Excellence Award in 2022 for the Fastest Growing Construction Company (Integrated and Collaborative Working) from Brand Connect Network Private Limited. Moving forward, we aim to exceed client expectations by embracing new technologies, upholding our high standards of workmanship, and maintaining a client-centric approach. Furthermore, our robust safety protocols and adherence to regulatory standards ensure that our projects are not only high-quality but also safe and compliant with industry regulations. |
