Issue Price
₹459
Per Share
GMP
NIL
Grey Market
Est. Listing
₹459
Expected Price
Min. Application
₹29,376
2 lots × 32 shares
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 offer product and services under 5 categories:1. Micro-enterprise loans2. SME loans3. Two-wheeler loans4. Commercial Vehicle loans5. Housing loansCompany also have commission based direct sales agents and revenue sharing arrangements with various dealers and distributors where part of loan default is guaranteed by such sourcing partners.Company Strengths1. Over 2 decade in business. Track record of consistent growth with quality loan portfolio2. Diversified product offerings3. Access to diversified sources of capital and cost-effective funding4. Developed an extensive operational network in Gujarat and Maharashtra5. Robust credit assessment and risk management framework
MAS Financial Services Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 10,039,277 | 100.00% | ₹460.80 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 32 | ₹14,688 |
| Retail (Max) | 13 | 416 | ₹190,944 |
| sNII (Min) | 14 | 448 | ₹205,632 |
| bNII (Min) | 69 | 2,208 | ₹1,013,472 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 341.52 | 288.70 | 226.53 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 67.42 | 50.01 | 38.82 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 2024.48 | 1812.65 | 1487.79 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |