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| Issue Open | Oct 6, 2017 |
| Issue Close | Oct 10, 2017 |
| IPO Price | ₹459 |
| Face Value | ₹10 |
| IPO Size | ₹460.04 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 32 |
MAS Financial IPO subscribed 128.39 times. The public issue subscribed 15.97 times in the retail category, 148.33 times in QIB, and 378.53 times in the NII category by Oct 10, 2017.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 148.33 |
| Non-Institutional Buyers | 378.53 |
| Retail Investors | 15.97 |
| Employees | 2.41 |
| Others | [.] |
| Total | 128.39 |
| Date | QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
Day 1 | 1.78 | 0.22 | 1.02 | 0.71 | 1.06 |
Day 2 | 5.74 | 0.47 | 6.29 | 1.84 | 4.81 |
Day 3 | 148.33 | 378.53 | 15.97 | 2.41 | 128.39 |
MAS Financial IPO is a public issue of 7,124,910 equity shares. The issue offers 3,477,296 shares to retail investors, 1,987,028 shares to qualified institutional buyers, and 1,490,270 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1,987,028 | 27.89% |
| NII | 1,490,270 | 20.92% |
| Retail | 3,477,296 | 48.80% |
| Employee | 170,316 | 2.39% |
| Total | 7,124,910 | 100% |
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The MAS Financial IPO is subscribed 128.39 by Oct 10, 2017.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 148.33 |
| Non Institutional | 378.53 |
| Retail Individual | 15.97 |
| Employee Reservations | 2.41 |
| Others | [.] |
| Total Subscription | 128.39 |
An investor can apply in MAS Financial IPO online via bank (using ASBA) or the broker (using UPI). The MAS Financial IPO shares are offered online only.
The MAS Financial IPO is subscribed 128.39 by Oct 10, 2017.
The MAS Financial IPO allotment status is expected on or around Oct 13, 2017. Visit MAS Financial IPO allotment status to check.
Visit MAS Financial IPO subscription status page for real-time bidding information about MAS Financial IPO.
| IPO Opens On | Oct 6, 2017 |
| IPO Closes On | Oct 10, 2017 |
| Finalisation of Basis of Allotment | Oct 13, 2017 |
| Initiation of Refunds | Oct 16, 2017 |
| Credit of Shares to Demat Account | Oct 17, 2017 |
| IPO Listing Date | Oct 18, 2017 |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
