MAS Financial Services Limited IPO
MAS Financial Services Limited was a mainboard IPO in the Non Banking Financial Company (NBFC) sector, offered at ₹152–₹153 per share to raise ₹460 crore. The issue was subscribed 128.39× overall (QIBs 148.33×, NIIs 378.53×, retail 15.97×). It listed on 18 Oct 2017 at ₹220 and closed its first day at ₹218, a listing gain of +42.6% versus the ₹153 issue price. It now trades around ₹245 (+59.9% versus the issue price).
Frequently asked questions
- How many times was the MAS Financial Services Limited IPO subscribed?
- The MAS Financial Services Limited IPO was subscribed 128.39× overall — 148.33× in the QIB category, 378.53× among non-institutional investors, 15.97× in retail.
- What were the MAS Financial Services Limited IPO listing gains?
- MAS Financial Services Limited listed on 18 Oct 2017 at ₹220, closing its first day at ₹218 — a listing gain of +42.6% versus the ₹153 issue price.
- What were the retail allotment odds for the MAS Financial Services Limited IPO?
- Retail was subscribed 15.97×, so a single-lot application had roughly a 6.3% chance of allotment (about 1 in 16), and allotment was finalised on 12 Oct 2017.
- What was the price band and lot size of the MAS Financial Services Limited IPO?
- The price band was ₹152–₹153 per share, with a minimum lot of 32 shares (₹4,896 at the upper band).
- Who were the registrar and lead manager for the MAS Financial Services Limited IPO?
- Link Intime India Private Limited was the registrar, and Motilal Oswal was the book-running lead manager.