The anchor investor bid/offer period shall be October 5, 2017, being one working day prior to the Offer opening date. The minimum Bid lot is 32 equity shares and in multiples of 32 equity shares thereafter
The IPO comprises of a fresh issue aggregating up to Rs 233 crore (the fresh issue) and an offer for sale aggregating up to Rs 227.042 crore by the selling shareholders.
The company has, in consultation with the BRLM, undertaken a private placement of 3,990,422 equity shares for cash consideration aggregating to Rs 135 crore (pre-IPO placement).
The company proposes to utilise the net proceeds of the fresh issue towards augmenting its capital base to meet future capital requirements.
Motilal Oswal Investment Advisors Limited is the Book Running Lead Manager (BRLM) to the offer. The Registrar to the offer is Link Intime India Private Limited.
The Equity Shares of MAS Financial Services Limited is proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.
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