MAS Financial Services Ltd IPO
Introduction: MAS Financial Services is a gujarat operated NBFC firm having presence in 6 states & delhi through around 120 branches. The loan book of MAS financial has around 530,000 accounts in it.
Date of Establishment: Company was formed in the year 1995.
Product & Service Offering: MAS Financial provides :
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Micro-enterprise loans
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SME loans
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Two-wheeler loans
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Commercial Vehicle loans
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Housing loans
Customer Segment: The company has 3,200 Customers in the list availing different types of loans. The customers can avail loans for Business,Vehicle & Housing.
Promoters of MAS Financial Services Ltd:
The promoters of the company are:
1. Kamlesh Chimanlal Gandhi
2. Mukesh Chimanlal Gandhi
3. Shweta Kamlesh Gandhi
Objects of the Issue: The Offer consists of the Fresh Issue and the Offer for Sale. The Net Proceeds would be utilized for :
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Meeting working capital requirements to augment its capital base so as to improve the loan book.
Company Financials:
| Particulars | For the year/period ended (in Rs. million) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 20,244.79 | 18,126.51 | 14,877.85 | 10,776.32 | 7,715.68 | |
| Total Revenue | 3,415.17 | 2,887.04 | 2,265.28 | 1,776.78 | 1,388.47 | |
| Profit After Tax | 674.17 | 500.08 | 388.20 | 316.76 | 268.39 | |
Issue Detail
- Issue Open: Oct 06, 2017
- Issue Close: Oct 10, 2017
- Issue Type: Book Built Issue IPO
- Face Value: Rs 10 Per Equity Share
- Price Band: Rs 456 - Rs 459 Per Equity Share
- Bid Lot:32 Shares
- Minimum Order Quantity:32 Shares
- Listing At: BSE, NSE
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Issue Size:
Rs 460.04 Cr
Current Bidding Status
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