MAS Financial Services Limited IPO
MAS Financial Services Limited is involved in the financial services sector.
MAS Financial Services Limited is a Non Banking Financial Corporation(NBFC). The company is headquartered in Gujarat and operates in six states and NCT of Delhi. Their business and financing products are primarily focused on middle and low income customer segments, and include five principal categories:
- Micro-enterprise loans:
MAS Financial Services Limited provides two categories of micro-enterprise loans: (i) loans up to ₹ 75,000, typically to self-employed individuals engaged in trading or manufacturing business; and (ii) loans ranging between ₹ 75,000 and ₹ 300,000, typically to sole proprietors and partnership firms.
- SME loans:
They provide loans up to ₹ 50 million to their SME customers, which category primarily includes small and medium sized manufacturers, dealers and service providers engaged in various industries. The SME loan segment includes working capital loans (up to ₹ 50 million), loans for machinery and facilities (up to ₹ 20 million) and includes loans against property (up to ₹ 20 million) and loans extended to housing finance companies.
- Two-wheeler loans:
MAS Financial Services Limited provides two-wheeler loans primarily to farmers, self-employed and salaried individuals as well as professionals.
- Commercial Vehicle loans (which include new and used commercial vehicle loans, used car loans and tractor loans):
They provide loans up to ₹ 700,000 for the purchase of new and used commercial vehicles, used cars as well as tractors. In this segment, their customers primarily include traders and manufacturers (for loading vehicles), travel businesses and small road transport operators.
- Housing loans:
MAS Financial Services Limited provides housing loans to customers for the purchase of new and old houses, construction of houses on owned plots, home improvement and for the purchase and construction of commercial property. Their customers in this segment typically include salaried and self-employed individuals. They also extend loans to developers for construction of affordable housing projects. The loan amount typically ranges between ₹ 50,000 and ₹ 5 million for residential property and between ₹ 50,000 and ₹ 10 million for commercial property. Their housing finance business is primarily operated through their Subsidiary, MRHMFL.
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Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra, India
Telephone: +91 22 4918 6200
Facsimile: +91 22 2569 4918 6195
Investor grievance E-mail: firstname.lastname@example.org
Contact person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Motilal Oswal Investment Advisors Private Limited
Motilal Oswal Tower, Rahimtullah Sayani Road
Opposite Parel ST Depot, Prabhadevi
Mumbai 400 025, Maharashtra, India
Telephone: + 91 22 3980 4200
Facsimile: +91 22 3980 4315
Investor grievance E-mail: email@example.com
Contact person: Subodh Mallya / Kristina Dias
SEBI Registration No.: INM000011005
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