Chittorgarh.com
Free Trading + Demat Account

MAS Financial Services Ltd IPO (MAS Financial IPO) Detail

Oct 6, 2017 - Oct 10, 2017

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 loans
2. SME loans
3. Two-wheeler loans
4. Commercial Vehicle loans
5. Housing loans

Company 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 Strengths
1. Over 2 decade in business. Track record of consistent growth with quality loan portfolio
2. Diversified product offerings
3. Access to diversified sources of capital and cost-effective funding
4. Developed an extensive operational network in Gujarat and Maharashtra
5. Robust credit assessment and risk management framework

Company Promoters:

The promoters of the company are:

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

Company Financials:

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

Objects of the Issue:

The Offer consists of the Fresh Issue and the Offer for Sale.

1. Fresh Issue
The Company proposes to utilise the proceeds from the Fresh Issue towards augmenting its capital base to meet future capital requirements.

2. Offer for Sale
The Selling Shareholders will be entitled to the proceeds of the Offer for Sale.

Issue Detail:

  »»  Issue Open: Oct 6, 2017 - Oct 10, 2017
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: [.] Equity Shares of Rs 10 aggregating up to Rs 460.04 Cr
    ›  Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs 233.00 Cr
    ›  Offer for Sale of [.] Equity Shares of Rs 10 aggregating up to Rs 227.04 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 456 - Rs 459 Per Equity Share
  »»  Market Lot: 32 Shares
  »»  Minimum Order Quantity: 32 Shares
  »»  Listing At: BSE, NSE

MAS Financial IPO Reviews / Recommendations:

Dilip Davda - Subscribe
Dilip Davda - Subscribe

 

MAS Financial IPO Subscription Status / Live Bidding Status

This section is moved. Please click 'Subscription (Live)' tab on top of the page.

 

MAS Financial IPO Prospectus

MAS Financial IPO Rating

1433
4.2
Rating:Rated 4.2 stars

Vote Here ...

MAS Financial IPO Listing Date

  •   ›  Listing Date: Wednesday, October 18, 2017
  •   ›  BSE Script Code: 540749
  •   ›  NSE Symbol: MASFIN
  •   ›  Listing In: B
  •   ›  ISIN: INE348L01012
  •   ›  Issue Price: Rs 459 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE
Rs 459.00
Rs 660.00
Rs 625.00
Rs 680.95
Rs 654.75
2,852,089
NSE
Rs 459.00
Rs 660.00
Rs 625.00
Rs 681.50
Rs 654.40
17,942,727

MAS Financial IPO News Alerts

  1. Wednesday, October 18, 2017 12:00:00 AM
    MAS Financial Services Ltd IPO - Listing
  2. Tuesday, October 10, 2017 12:00:00 AM
    MAS Financial Services Ltd IPO - Close
  3. Friday, October 6, 2017 12:00:00 AM
    MAS Financial Services Ltd IPO - Open

Company Contact Information

MAS Financial Services Ltd
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: http://www.mas.co.in/

MAS Financial IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd,
   C-13 Pannalal Silk Mills Compound,
   LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: mas.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

MAS Financial IPO Lead Manager(s)

Guaranteed Save 60% to 90% Brokerage + Taxes

Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

@

MAS Financial IPO Review / Comments

avatar
986. P M  Nov 10, 2017 7:37:22 PM I Like It. | Report Abuse
IPO Guru IPO Guru (1000+ Posts, 900+ Likes)
Again makes new life time low 575.00
avatar
986.1. KARANJAGDISHWALA  Nov 12, 2017 8:36:22 AM I Like It. | Report Abuse
Company is giving dividend still the shares are falling drastically. hold or sell??
avatar
986.2. P M  Nov 12, 2017 1:14:57 PM I Like It. | Report Abuse
IPO Guru IPO Guru (1000+ Posts, 900+ Likes)
Hold with stoploss around 550
avatar
985. KARANJAGDISHWALA  Nov 12, 2017 8:35:37 AM I Like It. 1 | Report Abuse
Can someone tell what do to with MAS?? Sell or Hold? It is just falling and falling
avatar
984. SANJAY G  Nov 9, 2017 5:14:37 PM I Like It. | Report Abuse
Does Q2 results are not as per expectation for MAS ? which came out yesterday I think.
avatar
983. P M  Nov 9, 2017 7:46:16 AM I Like It. | Report Abuse
IPO Guru IPO Guru (1000+ Posts, 900+ Likes)
Hits new low today @590.60 on NSE
avatar
983.1. P M  Nov 9, 2017 9:28:37 AM I Like It. | Report Abuse
IPO Guru IPO Guru (1000+ Posts, 900+ Likes)
correction: new low on 08 Nov 2017
avatar
982. Vihaan  Oct 31, 2017 12:32:18 PM I Like It. 1 | Report Abuse
Bought MASFIN @669
Now it is going down
Pls suggest to hold or sell
Also tell Stop loos
avatar
982.1. Ayush  Nov 12, 2017 5:28:40 PM I Like It. | Report Abuse
Buy at Current level and average your holding and sell it in the first up move on the stcok at...i am not seeing this stock to move beyong 625 in any case...
avatar
981. Ashutosh Sharma Kanpur Dehat  Oct 27, 2017 4:26:21 PM I Like It. 1 | Report Abuse
Maine ye mail GIC walon ko likhi hai...awaiting their response

Hello Sir,

Mene Khet bech ke aap ke IPO me paisa lagaya..2 lakh rupaye...aapka stock market me fail ho gaya..mera paisa wapis de do ....ab mai nahi lagaunga market me promise.
tax kaat ke wapis de do
avatar
980. IPO LEADER  Oct 26, 2017 10:26:06 PM I Like It. | Report Abuse
Hold 1000 by diwali
avatar
979. gamble  Oct 18, 2017 10:09:40 AM I Like It. 6 | Report Abuse
IPO Guru IPO Guru (1600+ Posts, 3800+ Likes)
Do not scared of 40-50 rs movement kip strict sl 599 and hold for 700+....

Disc : alloted 32,sold half 16 @660
avatar
979.16. gamble  Nov 14, 2017 1:55:45 PM I Like It. | Report Abuse
IPO Guru IPO Guru (1600+ Posts, 3800+ Likes)
Check high dear chem cho 700+.
avatar
979.17. Chem cho  Nov 15, 2017 1:21:07 PM I Like It. | Report Abuse
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
MAS NOW RS 585
avatar
978. IPO LEADER  Oct 23, 2017 11:33:50 PM I Like It. | Report Abuse
Hold For the target of 900 within 6 months
avatar
977. gamble  Oct 23, 2017 10:58:30 AM I Like It. | Report Abuse
IPO Guru IPO Guru (1600+ Posts, 3800+ Likes)
MAS hold on, AU part 2, hold for a month, sl 620,at alltime high again @680
avatar
977.1. gala  Oct 23, 2017 7:24:28 PM I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Gamble Bhai any view on schand ?
Holding shares at an avg of 500 ... Need to know about it
avatar
977.2. gamble  Oct 23, 2017 9:02:10 PM I Like It. 2 | Report Abuse
IPO Guru IPO Guru (1600+ Posts, 3800+ Likes)
Hold on,

Delivery basesd buying going on, today hugh vol on both exchange with 97% deliverables, some MF, hni interested at this range may b!!

Looking at valuation also much comfortable level of 20-21PE,PB 3x, mcap/sales 2.3
Vs
Navneet 25PE,PB 5x, m.cap/sales 3.4,

So limited(Negligible) downside frm this(455) lvls, 15-20% upside pending imo.
avatar
976. Arjun Patel  Oct 18, 2017 4:39:42 PM I Like It. 12 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 1100+ Likes)
Mas Book Profit at 670~700/- Range is Good to sell.

It''s a High Proceed issue.
Better Buy Godreg Agrovet.

Rel Nippon Apply For Listing Gain
Mahindra Apply for Listing Gain Opening 31st


Upcoming IPO
Khadim 2nd November

New India & Shalby to Follow

Enjoy IPO Buzz

Arjun@Rajkot Brokers Association
Happy Diwali
avatar
976.3. Apatel  Oct 19, 2017 11:01:41 AM I Like It. | Report Abuse
i have mas 670@1000 keep or sell
avatar
976.4. Smiter  Oct 23, 2017 12:56:37 PM I Like It. | Report Abuse
Any idea when Future Supply CHain SOlutions would list? Its holding company Future ENterprises Ltd (FEL) will also start to run up , as it intends to pay off debt with those proceeds & other investments. FEL is a good deep value investment.
avatar
975. Chem cho  Oct 18, 2017 3:16:32 PM I Like It. 2 | Report Abuse
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
PRICE GOWING DOWN GOOD BUY AT RS 650
avatar
975.3. Chem cho  Oct 23, 2017 12:35:44 PM I Like It. | Report Abuse
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
Those who brought on listing at end of day@rs 650 are happy today
avatar
975.4. Chem cho  Oct 23, 2017 12:40:30 PM I Like It. | Report Abuse
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
Heavy selling pressure at Rs 680 again if it crosses rs 682 then rs 690
stop loss rs 658
for those who brought at rs 650
Ipo holders stop loss may be Rs 635 but you have to decide
avatar
974. Manishsahar  Oct 20, 2017 3:16:06 PM I Like It. 1 | Report Abuse
I did not got allotment in MAS ipo but still my money was blocked in my sbi account.what to do.?is same happened with any other?
avatar
974.2. iRFAN kHAN  Oct 21, 2017 10:48:04 AM I Like It. | Report Abuse
yes!! same bank SBI.... amount still blocked
avatar
974.3. iRFAN kHAN  Oct 21, 2017 10:49:55 AM I Like It. | Report Abuse
@unisal How to complain online.. please guide or give email ID for complaint, thanks
avatar
973. iRFAN kHAN  Oct 21, 2017 10:46:06 AM I Like It. | Report Abuse
My amount is still unblocked from the bank, please suggest what to do now!!!!!!
avatar
972. dracula  Oct 20, 2017 11:43:33 PM I Like It. | Report Abuse
Next week I crucial now !!
Coz of we can see selling pressure & red everywhere !! Better sell mass & wait for it to come down !!
avatar
971. PavanM  Oct 19, 2017 6:07:48 PM I Like It. 2 | Report Abuse
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Dear All,
First of all Wish you all a very Safe, Happy and Healthy Diwali..
Please go through this article once.

http://www.cseindia.org/content/already-worsening-pollution-levels-will-spike-during-diwali-due-firecrackers
http://www.thehindu.com/news/cities/Delhi/firecrackers-experts-welcome-sc-ban/article19832348.ece

Here is an excerpt from one of above article on pollution caused by Fire crackers.
What is at stake – our health

Crackers are a mix of deadly chemicals. Crackers not only emit more of particulate matter, nitrogen oxides, sulphur dioxide but also spew cancer causing toxins. It’s a myth that silent crackers and sparklers are safer. In fact, their coloured flames include deadly toxic metals -- strontium for red, barium for green, copper for blue, iron for gold, copper and strontium for purple. For glitter they use antimony sulphide that causes lung cancer and skin conditions. Copper compounds for blue trigger cancer, skin conditions and hormonal imbalances. Percholate is responsible for lung cancer and thyroid complications.

Pollutants settle invisibly all around us – on soil, vegetation, crop and water and through our food chain, come back to us.

Doctors are warning against breathlessness, cough, asthma, pulmonary disease, rhinitis, and lower respiratory tract infection. Those suffering from Broncho constriction, wheezing and chronic obstruction pulmonary disease need precaution. High exposures to metal particles are known to be associated with lung cancer, pneumoconiosis, emphysema and high toxic effect on cells in the long run. Though the exposure during Diwali is only short term it intensifies the already high exposure in the city.

Moreover, children are more vulnerable as they have poor defense mechanisms. Their ability to metabolise and detoxify environmental agents is different. Given their hyper level of physical activity, they inhale more volume of air than adults and therefore breathe more pollution. Joint studies of Central Pollution Control Board and Chittaranjan National Cancer Research Institute have already demonstrated that every third child in Delhi has impaired lungs.
avatar
971.1. mDelhi  Oct 20, 2017 5:13:33 PM I Like It. | Report Abuse
Agree with you but considering the environment crackers should be totally banned, along with those company whose industrial waste is contaminate the ground water, BS-III vehicles,Paperless IPOs etc.
avatar
970. CA Pratik  Oct 19, 2017 7:38:56 PM I Like It. 2 | Report Abuse
Looking Todays 1 Hour MUHARATA Session There will be Profit Booking In Next Week For Sure.

Both Main Index Fell Really Badly Thanks To Bank NIFTY. I have Never Seen This Much Profit Booking in Muharata Session.
avatar
969. KING VINOD  Oct 19, 2017 7:36:12 PM I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 1600+ Likes)
Happy Diwali to One and all in the Chittorgarh Forum
Happy investing
May you all stay Invested in Love, Happiness, Wealth, Prosperity today, tomorrow and forever.

Regards,
Vinod.
avatar
968. Arunblr  Oct 19, 2017 6:56:36 PM I Like It. | Report Abuse
MOIL ROCKING......HAPPY DIWALI
avatar
967. Rajkumar Bhuj  Oct 19, 2017 5:31:35 PM I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Will it cross 700 today?
  • Special Offers
    by Popular Stock Brokers
  • Sharekhan
    Get Free Trading + Demat Account (Rs 1150 waived on account opening) for limited time. Request a Callback.
  • Angel Broking
    Get free lifetime AMC on Demat & Trading account with Angel when you pay ₹1500 (payable in 2nd year). Get the offer
  • India Infoline (IIFL)
    Open a FREE Demat & Trading Account + Get Rs 2000 Brokerage Credit. Get the offer
  • Ventura
    Zero account opening fees for limited time. Request a Callback
  • Motilal Oswal
    Get Free Trading + Demat Account (₹500 waived on account opening) for limited time. Get the offer
  • Religare
    Get Free Trading + Demat Account for limited time. Get the offer
  • Zerodha
    Free equity delivery trading (truly no brokerage), flat ₹20 intraday and F&O trade brokerage. Get all your brokerage refunded if are profitable at the end of 60 trading days. Get the offer
  • ProStocks
    Get Free Trading + Demat Account for limited time. Request a Callback
  • 5paisa
    Get 5 free trades on new account opening + Maintain a margin of Rs 25000 and get full refund of your account opening and DP AMC. Get the offer
  • SAMCO
    Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App
  • Fyers
    Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage). Get the offer
  • Beeline
    Open a Lifetime free AMC Demat Account at just ₹176 + 15 days trading free. Use coupon code CHT176 for this special offer.


More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: