06 Oct 2017 Mas Financial Services Ltd IPO

The IPO Mas Financial Services Ltd opens on 6th October and Closes on 10th October. The company is issuing shares in the price band of Rs 456 to Rs 459. The issue comprises of a fresh issue of 5.1 million shares aggregating to Rs 233 crores and OFS of 4.9 million shares aggregating to Rs 227 crores.

Issue details
IPO size: Rs 460 crores at the upper price band
Face value: Rs 10
Retail portion: 35%
Lot size: 32 shares and in multiples thereafter
Maximum subscription amount: Rs.2,00,000
Listing on: both NSE and BSE

IPO schedule
Basis of allotment October 13
Unblocking of funds October 16
Credit to demat accounts October 17
Listing on stock exchanges October 18

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Allotment details can be checked here: http://bit.ly/ipostatuscheck