MAS Financial Services Limited
06 Oct 2017 – 10 Oct 2017
LISTED
Offer Price
₹456–459
Bid lot
32
Min Application
₹14,688
Issue Size
₹460 Cr
Key dates
Open date
06 Oct 2017
Done
Close date
10 Oct 2017
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
18 Oct 2017
Today
Issue reservation
₹460 CrQIB 50%Retail 35%5%
QIB
50.1 L sh · ₹230.00 Cr
Retail
35.1 L sh · ₹161.00 Cr
Employee
5.0 L sh · ₹23.00 Cr
BRLM: Motilal Oswal Investment Advisors Limited
Lot ladder — how much to bid
1 lot = 32 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
32 sh · ₹14,688
Max · 13 lots
416 sh · ₹1,90,944
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
448 sh · ₹2,05,632
Max · 68 lots
2,176 sh · ₹9,98,784
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
2,208 sh · ₹10,13,472
Entry point
₹10,13,472 onward
Issue details
Lead managersMotilal Oswal Investment Advisors Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
88.75×
0×1×2×3×+
Oversubscribed
Book₹414.00 Cr
Subscribed₹36,742 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 50,10,893₹230.00 Cr | 74,32,65,759₹34,116 Cr | 148.33× |
| HNI | 15,03,268₹69.00 Cr | 56,90,31,998₹26,119 Cr | 378.53× |
| Retail | 35,07,625₹161.00 Cr | 5,60,16,773₹2,571 Cr | 15.97× |
| Employee | 5,01,089₹23.00 Cr | 12,07,625₹55.43 Cr | 2.41× |
| Total | 90,19,607₹414.00 Cr | 80,04,90,157₹36,742 Cr | 88.75× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 34,115.90 |
| HNI | 26,118.57 |
| Retail | 2,571.17 |
| Employee | 55.43 |
| Total | 36,742.50 |
Amounts at the upper band (₹459). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the MAS Financial Services Limited IPO?
One lot of 32 shares — ₹14,688 at the upper price band of ₹459.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2017-10-18 on NSE.