MAS Financial IPO Dates, Price Band, Market Lot Details

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 Services Limited

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

Financial Results (Rs. in Crore)

      Financial Results (Rs. in Crore)
2017 2016 2015 2014 2013
Assets 2024 1813 1488 1078 772
Revenue 342 289 227 178 139
PAT 67 50 39 32 27

MAS 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.

Company Promoters:
Kamlesh Chimanlal Gandhi
Mukesh Chimanlal Gandhi
Shweta Kamlesh Gandhi
Prarthna Marketing Private Limited

MAS Financial IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]

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]

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