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MAS Financial Services IPO To Open On October 6, Price Band Rs 456-459

MAS is looking to raise up to Rs 233 crore by selling new shares, while selling shareholders are offering shares up to Rs 227 crore.
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MAS Financial Services IPO To Open On October 6, Price Band Rs 456-459

Non-banking financial company MAS Financial Services Ltd's initial public offering of shares to raise up to Rs 460 crore will run from October 6 to October 10, according to a public notice issued on Thursday.

The company has set a price range of Rs 456 to Rs 459 a share for the sale, the notice showed.

MAS is looking to raise up to Rs 233 crore by selling new shares, while selling shareholders are offering shares up to Rs 227 crore.



Motilal Oswal is the sole banker managing the sale.

 

© Thomson Reuters 2017



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