Exchanges
BSE, NSE
Issue
Book building

MAS Financial Services IPO

₹654.40

+42.57% on listing

Listing-day close · NSE · 18 Oct 2017 · issue price ₹459

MAS Financial Services’ ₹460 crore IPO was priced at ₹459 a share. It listed on the NSE on 18 Oct 2017 and closed its first day at ₹654.40, up 42.57% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹460 Cr
Fresh issue
₹233 Cr
Offer for sale
₹227 Cr
Lot size
32 shares
Minimum investment
₹14,688
Face value
₹10
Registrar
MUFG Intime India

Subscription

MAS Financial Services IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—91.00×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,509 Cr
Promoter holding
80.69% → 73.17%

From the offer documents.

Listing

Listing date
18 Oct 2017
Issue price
₹459
Open
₹660.00
High
₹681.50
Low
₹625.00
Close
₹654.40

Listing day on the NSE. The close was +42.57% on the issue price.

MASFIN share price today

FAQs

When did the MAS Financial Services IPO open and close?

It opened on 6 Oct 2017 and closed on 10 Oct 2017.

What was the MAS Financial Services IPO price?

The price band was ₹456–459 a share. The final issue price was ₹459.

What is the lot size and minimum investment?

One lot is 32 shares, ₹14,688 at ₹459 a share. Retail investors apply in whole lots.

How much did MAS Financial Services raise?

₹460 crore: ₹233 crore of new shares and ₹227 crore offered by existing shareholders.

How many times was the MAS Financial Services IPO subscribed?

91.00 times overall.

How did MAS Financial Services list?

It listed on the NSE on 18 Oct 2017 at ₹660.00 and closed the day at ₹654.40, up 42.57% on the ₹459 issue price.

Who is the registrar of the MAS Financial Services IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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