Check MAS Financial IPO Status
Hello Guys you know MAS Financial IPO was closed? So now MAS Financial services IPO allotment status will be declared and you can check allotment status of MAS Financial, price band, refund date, subscription, etc. As per investors view MAS Financial IPO is another hit IPO and you can check MAS IPO status via Application number or PAN card number.
MAS Financial IPO Information
Now, here we shared all the information related to MAS Financial IPO Allotment status, price band, and refund date.
|MAS Financial IPO||IPO Details|
|MAS Financial IPO Open Date||06/10/2017|
|IPO Close Date||10/10/2017|
|MAS Financial IPO Allotment Status Date||14/10/2017 (Approx)|
|Price Band||Rs. 456 to 459|
|Face Value||Rs.10 per share|
|Share Lot||32 share per 1 lot|
|IPO Size Total||Rs. 550 crore (Approx)|
|Listing||Both NSE &BSE|
About MAS Financial Company
Having incepted back in 1995, when times were quite different, MAS delivered financing solutions to those who needed it the most. The company is registered as non-banking financial company with the Reserve Bank of India. With a plethora of retail finance options in its arsenal, MAS is focused on fulfilling the requirements of lower income and middle-income groups of the society.
Company offer Financial Services for Micro Enterprises Loans, SME Loans, Home Loans, Two Wheeler Loans, Used Car Loans, and Commercial Vehicle Loans to satisfy their varied needs. The focus remains on the vast lower income and middle income groups of the society, spread across urban, semi urban and rural areas, and including formal and informal sector.
Company aim to acquire a significant market share in financial services distribution with assessment performed from various perspectives of creditability in absence of proper and systematic credit documents, including credit worthiness through other channels.
MAS Financial Company also leveraging on the distribution network of partner MFI-NBFCS/NBFCS/HFCs/franchisees, thus extending financial services to the underpenetrated states and the BOP segment. In our quest to provide first class services, right at the doorstep of masses, have opened several branches. Company network of 72 branches in major cities of Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Tamil Nadu & Karnataka, through which over 3200 centers are catered is destined to grow so that we attend to the needs of our valued customers efficiently, in every nook and corner. As financial solution specialists, company always at your beck and call. Contact us today to get the right solution for your financial needs.
MAS Financial IPO General Information
RISKS IN RELATION TO FIRST OFFER
This being the first public issue by the Issuer, there has been no formal market for the Equity Shares. The face value of the Equity Shares is ` 10 each and the Floor Price is times of the face value and the Cap Price is times of the face value of our Equity Shares. The Offer Price, as determined and justified by our Company and the Selling Shareholders in consultation with the Book Running Lead Manager in accordance with the SEBI ICDR Regulations and as stated in “Basis for Offer Price” on page 110, should not be taken to be indicative of the market price of the Equity Shares after such Equity Shares are listed. No assurance can be given regarding an active and/or sustained trading in the Equity Shares nor regarding the price at which the Equity Shares will be traded after listing.
Investments in equity and equity-related securities involve a degree of risk and investors should not invest any funds in this Offer unless they can afford to take the risk of losing their entire investment. Investors are advised to read the risk factors carefully before taking an investment decision in this Offer. For taking an investment decision, investors must rely on their own examination of the Issuer and this Offer, including the risks involved. Also you can check MAS financial IPO allotment status in this article. The Equity Shares have not been recommended or approved by the Securities and Exchange Board of India (“SEBI”), nor does SEBI guarantee the accuracy or adequacy of the contents of this Draft.
MAS Financial Services Registered Address
MAS Financial Services Ltd
6 Narayan Chambers Ground Floor,
Behind Patang Hotel Ashram Road
Financial Sheet of MAS Financial Services
You can check financial performance of MAS Financial IPO Company for the investment purpose before take part in MAS IPO first check below sheets. (All figure in Rs crore)
|MAS Company||FY 15||FY 16<%2|