₹2,996.16 Crores | Listing at BSE, NSE | Thu, May 22, 2025 - Fri, Jun 6, 2025
Mahindra & Mahindra Financial Services Ltd. Rights Issue comprises 15.44 Cr equity shares aggregating to ₹2,996.16 Cr, offered at an issue price of ₹194 per share with a face value of ₹2 per share.
The record date for determining eligible shareholder is May 14, 2025, with the Rights Issue being offered in the entitlement ratio of 1 : 8.
The term of payment is defined as following : The Full amount of Issue Price of Re.194/- per Share is payable on Application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jun 9, 2025.
The Rights Issue opens on May 22, 2025, and closes on Jun 6, 2025, with renunciation of Rights Entitlements permitted up to Jun 3, 2025.
The deemed date of allotment is Jun 9, 2025, following which the equity shares are expected to be credited to demat accounts on Jun 10, 2025 and listed at the NSE and the BSE on Jun 11, 2025.
Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Mahindra & Mahindra Financial Services Ltd. Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, May 14, 2025
Entitlement Ratio
1 : 8
Open Date
Thu, May 22, 2025
Close Date
Fri, Jun 6, 2025
The Full amount of Issue Price of Re.194/- per Share is payable on Application.
Mahindra & Mahindra Financial Services Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 18% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 1,44,105.26 | 1,23,715.79 |
| Revenue | 18,530.46 | 15,970.32 |
| Profit After Tax | 2,369.51 | 2,006.72 |
| Net Worth | 21,529.46 | 19,933.25 |
| Reserves and Surplus | 21,282.48 | 19,686.37 |
| Total Borrowing | 0.00 | 0.00 |
| Amount in ₹ Crore | ||
Incorporated in 1991, Mahindra & Mahindra Financial Services Limited (MMFSL), commonly known as Mahindra Finance, is a leading non-banking financial company (NBFC) in India.
The company primarily serves rural and semi-urban markets, offering a range of financial products and services to over 9 million customers across the country.
Initially focused on financing Mahindra vehicles, MMFSL has since diversified its offerings to include financing for other leading original equipment manufacturers (OEMs), as well as products such as SME finance and mutual funds through its subsidiaries.
The company's product portfolio encompasses vehicle loans (including tractors, utility vehicles, cars, and commercial vehicles), SME loans, personal loans, home loans, loans against property, and insurance broking services.Additionally, MMFSL provides fixed deposit and mutual fund investment options to its clientele.
The company operates through a vast network of over 1,000 offices across India, employing over 19,000 individuals. MMFSL continues to play a pivotal role in empowering rural and semi-urban populations by providing accessible financial solutions tailored to their needs.
The Company intends to utilise the Net Proceeds from the Issue towards funding of the following objects:
[Dilip Davda] MMFSL is engaged in providing financial services and solutions across the client base. It posted growth in its earnings for the reported periods. The company has not given mandate to any merchant banker for this RI, which is surprising. The RI is at a discount of around 25+% based on its last traded price. Investors may park funds for medium to long term. Read detail review...
Mahindra & Mahindra Financial Rights Issue 2025 got oversubscribed by 1.67 times by the end of the bidding period with total bid quantity received by BSE and NSE of 25,75,10,072 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Jun 06 2025 17:00:00 | 22,00,41,575 | 3,74,68,497 | 25,75,10,072 | 1.67x |
Mahindra & Mahindra Financial Services Ltd.
Gateway Building,
Apollo Bunder,
Mumbai, 400001
Mumbai, Maharashtra, 400001
The Mahindra & Mahindra Financial Rights Issue 2025 opens on Thu, May 22, 2025, and closes on Fri, Jun 6, 2025.
Mahindra & Mahindra Financial Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Tue, Jun 10, 2025 |
| Last Date for renunciation of Rights Entitlements | Tue, Jun 3, 2025 |
| Issue Opening Date | Thu, May 22, 2025 |
| Issue Closing Date | Fri, Jun 6, 2025 |
| Date of Allotment (on or about) | Mon, Jun 9, 2025 |
| Date of Credit (on or about) | Tue, Jun 10, 2025 |
| Date of Listing (on or about) | Wed, Jun 11, 2025 |
You can apply for Mahindra & Mahindra Financial Rights Issue 2025 in two ways:
Steps to apply for Mahindra & Mahindra Financial Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Mahindra & Mahindra Financial Rights Issue 2025 using Registrar's website (R-WAP)
