Masonglory opens at $4.28, IPO priced at $4 per share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 08 2025
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Masonglory's Share Pricing: Masonglory, a Hong Kong subcontractor, has priced 1.5 million shares at $4.00 each, which is at the lower end of the expected range of $4.00-$6.00.
Management of Offering: D. Boral Capital is serving as the sole book running manager for this share offering.
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About MSGY
Masonglory Ltd is an investment holding company principally engaged in the wet trades business. The Company is mainly engaged in the provision of wet trades services and other wet trades related ancillary services. The Company is engaged in the provision of plastering on floors, ceilings, and walls, tile laying on internal and external walls and floors, brick laying, floor screeding, marble works as well as other wet trades works solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
