MAS Financial Services IPO Details | Date | Allotment | GMP | Status

mas ipo Mas Financial Service Founded by Gandhi Family on 1995,.

The company is registered as non-banking financial company with the Reserve Bank of India.With a plethora of retail finance options in its arsenal,

Check :- Mas Financial Allotment Status
               Mas Financial Subscription Status

MAS is focused on fulfilling the requirements of lower income and middle-income groups of the society.

Company offer Financial Services for Micro Enterprises Loans, SME Loans, Home Loans, Two Wheeler Loans, Used Car Loans, and Commercial Vehicle Loans to satisfy their varied needs.

The focus remains on the vast lower income and middle income groups of the society, spread across urban, semi urban and rural areas, and including formal and informal sector.

Promoters of MAS Financial Services 

  •  Kamlesh Chimanlal Gandhi
  • Mukesh Chimanlal Gandhi
  • Shweta Kamlesh Gandhi
  • Prarthna Marketing Private Limited
MAS Financial Services IPO details
Subscription Dates 6 – 10 October 2017
Price Band INR450 – 460 per share
Fresh issue INR233 crore
Offer For Sale INR227.04 crore
Total IPO size INR460.04 crore
Minimum bid (lot size) To be updated
Face Value  INR10 per share
Retail Allocation 35%
Listing On NSE, BSE


MAS Financial Services’ financial performance (in INR crore)
FY2016 FY2017 Q1 FY2018
Total revenue 304.2 364.7 104.3
Total expenses 225.7 258.7 68.1
Profit after tax 50.8 68.6 23.4

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C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai – 400 083

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email[email protected]

MAS Financial Services Contact Details

6, Narayan Chambers, Ground Floor
Behind Patang Hotel, Ashram Road
Ahmedabad – 380 009

Phone: +91 79 3001 6500 
+91 79 3001 6597
 [email protected]


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