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IPO Snapshot    
MAS Financial Services Ltd.
Issue Open Date 06-Oct-17  
Issue Closing Date 10-Oct-17  
Application Money 100  
Allotment Money  
Price Band 456 - 459  
Minimium Application No. 32  
Issue Size (Shares) 7124910  
Market Lot 1.00  
Objective
Objects of the Fresh Issue and requirement of funds
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   1490270   564117088   378.53  
Qualified Institutional Buyers   1987028   294737952   148.33  
Retail Individual Investors   3477296   55532512   15.97  
Business Description
We are a Gujarat-headquartered NBFC with more than two decades of business operations and as of September 30, 2016, we operated across six States and the NCT of Delhi. Our business and financing products are primarily focused on middle and low income customer
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Promoter's Holding
Total Share Capital   39996975  
Offered to Public   5092829  
Promoter's Holding (Pre-Issue)   80.69  
Promoter's Holding (Post-Issue)   73.32  
Address
6
Ground Floor
Narayan Chambers
Behind Patang Hotel
Ashram Road
Ahmedabad ,
Gujarat ,
380009
Phone: 079 4110 6500 / 3001 6500
Email: mfsl@mas.co.in
Website: www.mas.co.in
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Motilal Oswal Investment Advisors Pvt Ltd
Promoters
Kamlesh Chimanlal Gandhi
Mukesh Chimanlal Gandhi
Prarthna Marketing Pvt Ltd.
Shweta Kamlesh Gandhi
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  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
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