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Open
6 Oct 2017
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Close
10 Oct 2017
3
Allotment
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Listing
Wed, Oct 18, 2017
Price Band
₹456 to ₹459
Issue Size
1,00,39,277 shares (agg. up to ₹460 Cr)
Lot Size
32 Shares
Listing Date
Wed, Oct 18, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 91.00x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 2,291.40 | 2,024.48 | 1,812.65 | 1,487.79 |
| Total Income | 97.82 | 341.52 | 288.70 | 226.53 |
| Profit After Tax | 23.04 | 67.42 | 50.01 | 38.82 |
| NET Worth | 383.60 | 327.23 | 179.33 | 157.12 |
| Reserves and Surplus | 292.14 | 236.81 | 119.85 | 97.65 |
| Total Borrowing | 1,145.57 | 970.94 | 1,045.13 | 857.27 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To augment capital base to meet future capital requirements | 202.72 |
| 2 | Offer related expenses | 30.28 |
| Total | 233.00 |
About MAS Financial IPO
Incorporated in 1995, MAS Financial Services is a Gujarat based NBFC (Non-Banking Financial Company). Company operated across six States and in Delhi through 119 branches. As of September 30, 2016 Company had more than 530,000 active loan accounts and 3,200 Customer.MAS Financial offer product and services under 5 categories:1. Micro-enterprise loans2. SME loans3. Two-wheeler loans4. Commercial Vehicle loans5. Housing loansCompany also have commission based direct sales agents and revenue sharing arrangements with various dealers and distributors where part of loan default is guaranteed by such sourcing partners.Company Strengths1. Over 2 decade in business. Track record of consistent growth with quality loan portfolio2. Diversified product offerings3. Access to diversified sources of capital and cost-effective funding4. Developed an extensive operational network in Gujarat and Maharashtra5. Robust credit assessment and risk management framework+ Read More
Contact Details
MAS Financial Services Ltd. Address6, Narayan Chambers, Ground FloorBehind Patang Hotel, Ashram RoadAhmedabad, Gujarat, 380009+91 79 3001 6500secretarial@mas.co.inVisit Website