MAS Financial IPO Subscription Details

Bookbuilding IPO | ₹460 Cr | Listed at BSE, NSE | Fri, Oct 6, 2017 - Tue, Oct 10, 2017

Basis of Allotment - MAS Financial IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)19,74,03929,61,05749,35,09614,80,53034,54,5691,69,0821,00,39,277
Allotment price (Rs.)459459459459459414458
No.of applications134211551,32514,18,74468114,20,905
No.of shares applied29,47,12,03234,86,24029,81,98,27256,28,96,6085,22,74,9762,39,80891,36,09,664
Amount collected (Rs.cr.)13,527.28 160.02 13,687.30 25,836.95 2,399.42 9.93 41,865.44
No.of times subscribed149.291.1860.42380.2015.131.4291.00
No.of shares allotted19,74,03929,61,05749,35,09614,80,53034,54,5691,69,0821,00,39,277
Amount (Rs.cr.)90.61 135.91 226.52 67.96 158.56 7.00 460.04
No.of allottees1342115501,07,9556681,08,778

IPO Shares Offered

MAS Financial IPO is a public issue of 1.00 Cr equity shares. The issue offers 0.35 Cr shares to retail investors, 0.49 Cr shares to qualified institutional buyers, and 0.15 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 49,35,096226.52 49.16%
    Anchor 29,61,057 135.91 29.49%
    QIB (Ex Anchor) 19,74,039 90.61 19.66%
NII 14,80,53067.96 14.75%
Retail34,54,569158.56 34.41%
Employee1,69,0827.76 1.68%
Total1,00,39,277460.80 100%

MAS Financial IPO Anchor Investor Allocation

A total of 29,61,057 shares at a price of Rs 459 per share will be allotted to the anchor investors.

Anchor investors bid opening dateOct 05, 2017
Anchor investor price₹459.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days14,80,529
No. of shares locked-in for 90 days14,80,529
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NOMURA TRUST & BANKING CO.LTD.,THE AS TRUSTEE OF NITM ASIA OPEN NITM 1,96,079 9.00 6.62 1.95
2 HDFC EQUITY SAVINGS FUND HDFC MUTUAL FUND 1,96,079 9.00 6.62 1.95
3 ICICI PRUDENTIAL EQUITY SAVINGS FUND ICICI PRUDENTIAL MUTUAL FUND 1,96,079 9.00 6.62 1.95
4 SBI CONSERVATIVE HYBRID FUND SBI MUTUAL FUND 87,140 4.00 2.94 0.87
5 SBI LONG TERM ADVANTAGE FUND-SERIES I SBI MUTUAL FUND 43,570 2.00 1.47 0.43
6 SBI BANKING & FINANCIAL SERVICES FUND SBI MUTUAL FUND 43,570 2.00 1.47 0.43
7 SBI RESURGENT INDIA OPPORTUNITIES FUND SBI 21,799 1.00 0.74 0.22
8 JP MORGAN ASIAN SMALLER COMPANIES FUND JP MORGAN 1,47,059 6.75 4.97 1.46
9 WASATCH EMERGING INDIA FUND WASATCH 1,47,059 6.75 4.97 1.46
10 ADITYA BIRLA SUN LIFE BANKING & FINANCIAL SERVICES FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,96,079 9.00 6.62 1.95
11 DSP AGGRESSIVE HYBRID FUND DSP MUTUAL FUND 1,39,703 6.41 4.72 1.39
12 DSP AGGRESSIVE HYBRID FUND DSP MUTUAL FUND 56,376 2.59 1.90 0.56
13 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 1,96,079 9.00 6.62 1.95
14 UTI BANKING & FINANCIAL SERVICES FUND UTI MUTUAL FUND 1,96,079 9.00 6.62 1.95
15 AXIS FOCUSED FUND AXIS MUTUAL FUND 1,96,079 9.00 6.62 1.95
16 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 1,96,079 9.00 6.62 1.95
17 CREDIT SUISSE (SINGAPORE) LTD. CREDIT SUISSE 4,12,031 18.91 13.92 4.10
18 SUNDARAM AGGRESSIVE HYBRID FUND SUNDARAM MUTUAL FUND 1,12,201 5.15 3.79 1.12
19 SUNDARAM FINANCIAL SERVICES OPPORTUNITIES FUND SUNDARAM MUTUAL FUND 34,858 1.60 1.18 0.35
20 BANDHAN BALANCED ADVANTAGE FUND BANDHAN MUTUAL FUND 73,529 3.37 2.48 0.73
21 BANDHAN LARGE CAP FUND BANDHAN MUTUAL FUND 73,530 3.38 2.48 0.73
29,61,057135.9110029.49

IPO Subscription FAQs

The MAS Financial IPO is subscribed 128.39 times by Oct 10, 2017 23:15.

MAS Financial IPO Subscription

Investor Category Subscription (times)
Qualified Institutional148.33
Non Institutional378.53
Retail Individual15.97
Employee Reservations2.41
Total Subscription128.39

Retail category of MAS Financial IPO subscribed 15.97 times as of date Oct 10, 2017 23:15. The public issue closes on Tue, Oct 10, 2017 for bidding.

An investor can apply in MAS Financial IPO online via bank (using ASBA) or the broker (using UPI). The MAS Financial IPO shares are offered online only.

The MAS Financial IPO is subscribed 128.39 times by Oct 10, 2017 23:15.

The MAS Financial IPO allotment status is expected on or around Friday, October 13, 2017. Visit MAS Financial IPO allotment status to check.

The MAS Financial IPO listing date is October 18, 2017. The equity share of MAS Financial IPO will list on BSE, NSE.

Visit MAS Financial IPO subscription status page for real-time bidding information about MAS Financial IPO.

MAS Financial IPO Timetable

IPO opens OnFriday, October 6, 2017
IPO Closes OnTuesday, October 10, 2017
Finalisation of Basis of AllotmentFriday, October 13, 2017
Initiation of RefundsMonday, October 16, 2017
Credit of Shares to Demat AccountTuesday, October 17, 2017
IPO Listing DateWednesday, October 18, 2017
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