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 business lines:
Company Strengths:
- Robust credit assessment and risk management framework
- Over 2 decade in business. Track record of consistent growth with quality loan portfolio
- Diversified product offerings
- Access to diversified sources of capital and cost-effective funding
- Developed an extensive operational network in Gujarat and Maharashtra
Company Promoters:
- Kamlesh Chimanlal Gandhi
- Mukesh Chimanlal Gandhi
- Shweta Kamlesh Gandhi
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Issue Detail:
- Issue Open: Oct 06 2017
- Issue Closes on: Oct 10 2017
- Issue Type: Book Built Issue IPO
- Issue Size: [.] Equity Shares of Rs 10 aggregating up to Rs 460.04 Cr
- Face Value: Rs 10 Per Equity Share
- Issue Price:456 - 459 Per Equity Share
- Market Lot: 32 Shares
- Minimum Order Quantity: 32 Shares
- Listing At: BSE,NSE
Tentative timetable in respect of the Offer:
- Bid/Offer Opens On: Oct 06 2017
- Bid/Offer Closes On: Oct 10 2017
- Finalisation of Basis of Allotment: On or about Oct 13 2017
- Initiation of refunds: On or about Oct 16 2017
- Credit of Equity Shares to demat accounts:On or about Oct 17 2017
- Commencement of trading of the Equity Shares on the Stock Exchanges: On or about Oct 18 2017
