MAS Financial IPO Status Declared
What is MAS Financial IPO allotment status? You know MAS financial is Ahmadabad based Finance company. In this article we discuss about MAS financial services IPO allotment status, price band, when it is listed, refund date, how to check allotment status of MAS finance IPO, etc.
How to Check MAS Financial IPO Allotment Status
If you don”t know how to check MAS financial ipo allotment status online then follow below steps:
- First of all visit here
- After that click on “MAS Financial Services IPO”
- Then enter your application number & PAN card number
- So finally you “Got mas financial ipo allotment status”
Check Also: Indian energy ipo allotment status
Know About MAS Financial IPO
Investments in equity and equity-related securities involve a degree of risk and investors should not invest any funds in this Offer unless they can afford to take the risk of losing their entire investment. Investors are advised to read the risk factors carefully before taking an investment decision in this Offer. For taking an investment decision, investors must rely on their own examination of the Issuer and this Offer, including the risks involved. Also you can check MAS financial IPO allotment status in this article. The Equity Shares have not been recommended or approved by the Securities and Exchange Board of India (“SEBI”), nor does SEBI guarantee the accuracy or adequacy of the contents of this Draft.
MAS Financial IPO Details
MAS Financial IPO Start Date: 6th October, 2017
MAS Financial IPO Close Date: 10th October, 2017
Price Band: Rs. 256 to 259
Market Lot: 32 share
Total IPO Size: Rs. 460 crore
Face Value: Rs. 10 per share
MAS Financial IPO Subscription: 128.4 times
About MAS Financial Company
“CRISIL Research, a division of CRISIL Limited (CRISIL) has taken due care and caution in preparing this report
(Report) based on the Information obtained by CRISIL from sources which it considers reliable (Data). However,
CRISIL does not guarantee the accuracy, adequacy or completeness of the Data / Report and is not responsible for any errors or omissions or for the results obtained from the use of Data / Report. This Report is not a recommendation to invest / disinvest in any entity covered in the Report and no part of this Report should be construed as an expert advice or investment advice or any form of investment banking within the meaning of any law or regulation.
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.
CRISIL especially states that it has no liability whatsoever to the subscribers / users / transmitters/ distributors of this Report. Without limiting the generality of the foregoing, nothing in the Report is to be construed as CRISIL providing or intending to provide any services in jurisdictions where CRISIL does not have the necessary permission and/or registration to carry out its business activities in this regard. MAS Financial Services Limited will be responsible for ensuring compliance and consequences of non-compliance for use of the Report or part thereof outside India. CRISIL Research operates independently of, and does not have access to information obtained by CRISIL’s Ratings Division / CRISIL Risk and Infrastructure Solutions Ltd (CRIS), which may, in their regular operations, obtain information of a confidential nature.
The views expressed in this Report are that of CRISIL Research and not of CRISIL’s Ratings Division / CRIS. No part of this Report may be published/reproduced in any form without CRISIL’s prior written approval.”
The information has not been independently verified by us, the BRLM, or any of our or their respective affiliates or
advisers. The information may not be consistent with other information compiled by third parties within or outside India.
The data may have been re-classified by us for the purposes of presentation. Industry sources and publications generally state that the information contained therein has been obtained from sources generally believed to be reliable, but that their accuracy, completeness and underlying assumptions are not guaranteed and their reliability cannot be assured.
Industry sources and publications are also prepared based on information as of specific dates and may no longer be
current or reflect current trends. Industry sources and publications that have been relied upon may alter their
assumptions and may change their forecasts. We or the BRLM may not be able to update or alter such data immediately or at all. Industry sources and publications may also base their information on estimates, projections, forecasts and assumptions that may prove to be incorrect or may not be consistent across sources. Accordingly, investors should not place undue reliance on, or base their investment decision on this information.
The Indian Economy
The Indian economy is one of the largest economies in the world, with a gross domestic product (“GDP”) on purchasing power parity basis of an estimated US$7.99 trillion in calendar year 2015. Per capita GDP in India has grown from an estimated US$5,500.00 in calendar year 2013 to an estimated US$6,200.00 in calendar year 2015. (Source: World Factbook, available on https://www.cia.gov/library/publications/the-world-factbook/geos/print_in.html). The RBI has stated that India’s GDP was 7.60% in Fiscal 2016 against 7.20% in Fiscal 2015. (Source: Reserve Bank of India Monetary Policy Report – October 2016).
Financial Inclusion in India Given the sheer size of the Indian population and considering that a large section still lacks access to formal banking services, driving financial inclusion has always been a key priority for the government. The banking system and ‘priority sector’ lending have been the most explored channels to bring majority of the population under the ambit of formal credit institutions. India is on the threshold of a high-growth trajectory, hence financial inclusion is imperative for sustaining equitable growth. In India, the major reasons for financial exclusion are poverty, low income, financial illiteracy, high transaction cost, and lack of infrastructure, primarily IT infrastructure. Consequently, a significant proportion of the population still does not have access to formal banking facilities. The global average of adult population with an account (at a bank, financial institution or with mobile money providers) is about 62%. India is far behind at about 53%.
However, its average is above that of South Asia, which is relatively low at about 46% due to poor financial inclusion,
especially certain of its neighboring countries.
MAS Financial Company Performance
Lat three year MAS financial company performance is shared here.
|MAS Company||FY 15||FY 16||FY 17|
|Profit After Tax||40.80||54.75||69.32|
|Profit Before TAX||61.68||83.74||105.99|
Conclusion of MAS Financial IPO Allotment Status
At our website tawp.in, we shared all the information on the MAS financial IPO allotment status, how to check status of MAS finance IPO, price band, face value, minimum amount, ipo size, when listing, allotment date, etc.