IPO

MAS Financial Services Limited IPO

Mainboard

Offer Date: Oct 6, 2017 - Oct 10, 2017

₹ 14688 /32 Shares

06 Oct, 2017

Open Date

10 Oct, 2017

Close Date

16 Oct, 2017

Allotment Date

18 Oct, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 456 - Rs 459 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price [ . ] Equity Shares of Rs 10 aggregating up to Rs 460.04 CrFresh Issue of [ . ] Equity Shares of Rs 10 aggregating up to Rs 233.00 CrOffer for Sale of [ . ] Equity Shares of Rs 10 aggregating up to Rs 227.04 Cr
  • Listing at BSE, NSE
  • Lead Manager Motilal Oswal Investments Advisors Pvt Ltd
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


The IPO of is priced at ₹456 - 459 per equity share, which has a face value of Rs 10 Per Equity Share  each, IPO bidding starts from Oct 6, 2017 and ends on Oct 10, 2017. The allotment for IPO will be finalized on Oct 16, 2017. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 18, 2017. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Motilal Oswal Investments Advisors Pvt Ltd.


The IPO sets its price band at 456 - 459 for each share. A single application for MAS Financial Services Limited IPO must contain at least 32 shares.

Read More
IPO Subscription Analysis And Details
Retail
14.99x
QIB
148.33x
NII
378.53x
Total
127.92x
As on QIB NII Retail Total
Shares Offered / Reserved 19,87,028 14,90,270 34,77,296 71,24,910
Day 1 06-10-17
1.79 x 0.22 1.01 x 1.06 x
Day 2 09-10-17
5.73 x 0.47 6.29 x 4.81 x
Day 3 10-10-17
148.33 x 378.53 14.99 x 127.92 x
Valuations
Earnings Per Share (EPS) Rs 12.72
P/E Ratio 36.08
RoNW 20.60%
Net Asset Value (NAV) Rs 66.25
IPO - Issue Objectives
1

Fresh IssueThe Company proposes to utilize the proceeds from the Fresh Issue towards augmenting its capital base to meet future capital requirements.

2

Fresh IssueThe Company proposes to utilize the proceeds from the Fresh Issue towards augmenting its capital base to meet future capital requirements.