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MAS Financial IPO Dates, Price Band, Market Lot Details

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MAS Financial is coming up with 550 crore ipo.MAS Financial Services is a non banking financial company based in Gujarat. They are operating from six states. They are incorporated in 1995. The ipo size is Rs.550 crore in which Fresh issue of Rs.307 crore and 242 crore of offer to sale. They are providing micro enterprise loans, SME loans, two wheeler, commercial and housing loans. They have good network in Delhi with 119 branches. They have good customer base as well.

MAS Financial IPO Review:

  • Apply for Listing Gain & Long Term Gain

MAS Financial IPO Dates & Price Band: (Approx)

  • IPO Open: 06-October-2017
  • IPO Close: 10-October-2017
  • IPO Size: Approx Rs. 550 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 456 to 459 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%

MAS Financial IPO Market Lot:

  • Shares: Apply for 32 Shares (Minimum Lot Size)
  • Amount: Rs.14688

MAS Financial IPO Allotment & Listing:

  • Basis of Allotment: 13-October
  • Refunds: 16-October
  • Credit to demat accounts: 17-October
  • Listing: 18-October

MAS Financial Financial:
Mas Financial’s PAT is been increasing yoy. It is 67 crore in 2017 which is 34% increase compared to 2016. They are almost 3 times in Assets, Revenues and PAT. The things are looking positive for the company. Good profit and PAT will give more faith to the investors.

      Financial Results (Rs. in Crore)

Company Promoters:

  • Kamlesh Chimanlal  Gandhi
  • Mukesh  Chimanlal Gandhi
  • Shweta Kamlesh Gandhi
  • Prarthna Marketing Private Limited

Quick Links:
DRHP Draft Prospectus

MAS Financial IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in
MAS Financial IPO Lead Managers:

  • Motilal Oswal Investments Advisors Pvt Ltd

Company Address:
MAS Financial Services Ltd
6, Narayan Chambers, Ground Floor,
Behind Patang Hotel, Ashram Road,
Ahmedabad 380 009
Phone: +91 79 3001 6500
Fax: +91 79 3001 6597
Email: [email protected]
Website: http://www.mas.co.in/

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0 Responses

  1. thank you sir, for your advice, can i asked u one more question, in IPO may b there is some quota above Retails, Employee and Direct, what is direct >? as i hv seen written Direct on ipo application form, instead of our DP / share broker name. (in right side above block )

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