MAS Financial Services Limited IPO

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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 offer product and services under 5 categories
1. Micro-enterprise loans
2. SME loans
3. Two-wheeler loans
4. Commercial Vehicle loans
5. Housing loans.
As of September 30, 2016 Company had more than 530,000 active loan accounts and 3,200 Customers.
The Company operated across six States and in Delhi through 119 branches. It also has commission-based direct sales agents (DSA) and has revenue sharing arrangements with some of the dealers and distributors where part of loan default is guaranteed by such sourcing dealers.
The company has been in this business over 2 decade .It has track record of consistent growth with quality loan portfolio.The company has developed an extensive operational network in Gujarat and Maharashtra. Another important aspect of this company is Robust credit assessment and risk management framework

MAS Financial Services Limited IPO Stock Quote & Charts

550.00

-0.76%

  • Open: 554.60
  • High - Low: 557.00 - 544.00
  • Previous Close: 554.20
  • Total Traded Volume: 104382
  • Updated On: 19-Jul-2018

Objects of the MAS Financial Services Limited IPO:

Offer for Sale

MAS Financial Services Limited IPO Details:

Open Date: Oct 06 2017
Close Date: Oct 10 2017
Total Shares: [.]
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 460.04 Cr.
Lot Size: 32 Shares
Issue Price: ₹ 456-459 Per Equity Share
Listing At: NSE,BSE
Listing Date: Oct 18 2017

Promoters And Management:

1. Kamlesh Chimanlal Gandhi 2. Mukesh Chimanlal Gandhi 3. Shweta Kamlesh Gandhi

Financials of MAS Financial Services Limited IPO as per DRHP:

Summary of financial Information (Consolidated)
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

Lead Manager of MAS Financial Services Limited IPO:

  1. Motilal Oswal Investments Advisors Private Limited

Registrar of MAS Financial Services Limited IPO:

  1. Link Intime India Private Limited

Company Address:

MAS Financial Services Limited 6, Narayan Chambers, Ground Floor Behind Patang Hotel, Ashram Road Ahmedabad 380 009 Phone: +91 79 3001 6500 Fax: +91 79 3001 6597 Email: secretarial@mas.co.in Website: www.mas.co.in

Discussion on MAS Financial Services Limited IPO: