MAS Financial Services Ltd, the Ahmedabad-based non-banking financial company (NBFC), is planning to enter the primary market via a initial public offering (IPO).
The issue will open on October 6 and will close on October 10 with a price band of Rs. 450 – 460 per Equity Share of Face Value Rs. 10.
MAS Financial Services has a presence in various segments of lending — home loans, vehicle loans, agricultural loans and small and medium enterprises (SMEs).
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I am sure if you are thinking to apply in this Public Issue then you might be searching about Grey Market Premium (GMP) for this issue which can give you some basic idea about what could be the listing price of this issue.
MAS Financials IPO Grey Market Premium :
According to current market report, the Grey Market Premium of MAS Financials is somewhere around Rs. 95 to Rs. 100.
This information is obtained from various sources from various cities across India.
Grey Market Premium of MAS Financials may increase a bit to around Rs. 110 – 125 if market rebounds from here and it may fall to around Rs. 60 – 65 if markets correct further.
MAS Financials IPO Kostak Price (Minimum Application) – Rs. 400 – 500 per application.
MAS Financials IPO Subject to Sauda – Rs. 2500 per Lot.