The share price of Mason Infratech had a robust start on the stock market on Monday as it was listed on NSE SME at ₹88.00 per share, which was ₹24 higher or 37.5% higher than the issue price of ₹64 per share.
The Mason Infratech IPO listing surpassed market predictions. Mason Infratech shares were trading up by ₹10 on the unlisted market. This indicated that Mason Infratech GMP today’s grey market premium was 15.6% of the issue price.
Mason Infratech Ltd., a real estate construction company, issued its initial public offering (IPO) on June 24. On June 26, the subscription period ended.
Mason Infratech’s IPO allotment was finalized on June 27, and the IPO debuted on NSE SME today, July 1.
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