the two-decade-antique NBFC's public issue accommodates a sparkling difficulty of stocks well worth up to Rs 233 crore and a proposal for sale of as much as Rs 227 crore by using present shareholders. It has constant a fee band of Rs 456-459 according to share for its preliminary proportion sale offering.
On Thursday, the organization allocated over 2.961 million equity shares to fifteen anchor traders at Rs 459 apiece (higher end of the rate band), elevating approximately Rs 136 crore.
right here's what main brokerages and studies houses suggest:
Prabhudas Lilladher
MAS monetary services focuses on lending to middle and coffee-profits consumer segments, specifically which are lesser banked. The organisation had Rs three,450 crore of consolidated Asset underneath control (AUM) as of June quarter of FY18. It operates in the main in MSE (fifty eight% of AUM), SME (24% of AUM), two Wheeler (9% of AUM), commercial vehicles (three.5% of AUM) and Housing (5.2% of AUM) segments, and has its operations primarily based in six states & Delhi NCR.
GET LIVE UPDATES ON MARKET
No comments:
Post a Comment