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MAS Financial Services Ltd.

MAS Financial Services Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹459
₹459
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹459
Based on GMP
Min. Investment
₹14,688
1 lot × 32 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
06 Oct 2017
Close Date
10 Oct 2017
Allotment
13 Oct 2017
Listing Date
18 Oct 2017
Exchange
NSE & BSE
Price Band
₹459
Listing Price
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Allotment Status
Check Now →
Price Band
₹459
Per share
Face Value
₹10 per share
 
Lot Size
32 Shares
per lot
Issue Size
1,00,39,277 shares (aggregating up to ₹460.04 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,688
1 lot
Pre-IPO Holding
4,95,69,214 shares
Promoters
Post-IPO Holding
5,46,62,043 shares
Promoters
UPI Deadline
2017-10-10
Mandate
Anchor AllotmentThu, 05 Oct 2017
Basis of AllotmentFri, 13 Oct 2017
Refund InitiationMon, 16 Oct 2017
Demat CreditTue, 17 Oct 2017
Listing DayWed, 18 Oct 2017
UPI Mandate Deadline2017-10-10
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares50,92,829 shares (aggregating up to ₹233.37 Cr)
Offer for Sale49,46,448 shares of ₹10 (aggregating up to ₹226.67 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
MAS Financial Services Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 10 Oct 2017.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
10,039,277
 100% ₹460.80
IPO Shares Offered
MAS Financial Services Ltd. IPO total issue size: ₹460.80 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 10,039,277 ₹460.80
100.00%
* Based on upper price band ₹459 per share
Lot Size & Investment
Lot Size
32
Shares per Lot
Issue Price
₹459.00
Upper Band
Min Investment
₹14,688
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)264₹29,376
Retail (Max — 13 Lots)13416₹190,944
S-HNI (Min — 14 Lots)14448₹205,632
B-HNI (Min — 69 Lots)692,208₹1,013,472
* Issue Price ₹459 × Lot Size 32 shares
IPO Schedule
Anchor
05 Oct 2017
✓ Done
IPO Open
06 Oct 2017
✓ Done
IPO Close
10 Oct 2017
✓ Done
Allotment
13 Oct 2017
✓ Done
Refunds
16 Oct 2017
✓ Done
Demat Credit
17 Oct 2017
✓ Done
Listing Day
18 Oct 2017
✓ Done
MAS Financial Services Ltd. — Live Price LIVE
₹459.00
INR · BSE
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Issue ₹459.00 Live Price
About MAS Financial Services Ltd.
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
Objects of the Issue
1
1 Gross proceeds of the Fresh Issue
MAS Financial Services Ltd. Financials (Amount in Crore)
Revenue from Operations
₹226.5
31-Mar-15
₹288.7
31-Mar-16
₹341.5
31-Mar-17
Profit After Tax (PAT)
₹38.8
31-Mar-15
₹50.0
31-Mar-16
₹67.4
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 341.52 288.70 226.53
EBITDA N/A N/A N/A
Profit After Tax (PAT) 67.42 50.01 38.82
Net Worth N/A N/A N/A
Total Assets 2024.48 1812.65 1487.79
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
Issue Structure & Shareholding
Total Shares Offered1,00,39,277 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding4,95,69,214 shares
Post-Issue Promoter Holding5,46,62,043 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Motilal Oswal Investment Advisors Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much MAS Financial Services Ltd. IPO subscribed? ▲

MAS Financial Services Ltd. IPO is subscribed 1.00 times by Oct 10, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is MAS Financial Services Ltd. IPO retail subscription status? ▼

The MAS Financial Services Ltd. IPO retail category is subscribed 1.00 times as of 10 Oct 2017. The retail portion is oversubscribed.

How to subscribe MAS Financial Services Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 06 Oct 2017 and closes 10 Oct 2017. Min investment: ₹14,688 (1 lot = 32 shares). UPI mandate: 2017-10-10.

How many times MAS Financial Services Ltd. IPO subscribed? ▼

The MAS Financial Services Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check MAS Financial Services Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 13 Oct 2017. Refunds: on 16 Oct 2017.

When MAS Financial Services Ltd. IPO will be listed? ▼

The MAS Financial Services Ltd. IPO listing date is 18 Oct 2017, Wednesday. Listed on: NSE & BSE. Issue price: ₹459. Estimated listing: ₹459. GMP: NIL.

When MAS Financial Services Ltd. IPO close? ▼

The MAS Financial Services Ltd. IPO closes on 10 Oct 2017, Tuesday. UPI mandate: 2017-10-10. Allotment: 13 Oct 2017. Listing: 18 Oct 2017.

Quick Actions
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Live Price LIVE
Last Price₹459.00
Change—
Issue Price₹459.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹459
Face Value₹10
Lot Size32 Sh
Min. Amount₹14,688
GMPNIL
Est. Listing₹459
Subscribed1.00x
Open Date06 Oct 2017
Close Date10 Oct 2017
Allotment13 Oct 2017
Listing Date18 Oct 2017
ExchangeNSE & BSE
UPI Deadline2017-10-10