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MAS Financial Services gains on raising Rs 65 crore via NCDs

31 Mar 2021 Evaluate

MAS Financial Services is currently trading at Rs. 856.35, up by 0.30 points or 0.04% from its previous closing of Rs. 856.05 on the BSE.

The scrip opened at Rs. 858.00 and has touched a high and low of Rs. 858.00 and Rs. 853.00 respectively. So far 45 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1107.65 on 18-Nov-2020 and a 52 week low of Rs. 505.95 on 03-Apr-2020.

Last one week high and low of the scrip stood at Rs. 879.00 and Rs. 845.55 respectively. The current market cap of the company is Rs. 4680.98 crore.

The promoters holding in the company stood at 73.60%, while Institutions and Non-Institutions held 12.53% and 13.87% respectively.

MAS Financial Services has raised Rs 65 crore and allotted 6,500 Rated, Senior, Listed, Transferable, Redeemable, Principal Protected Market Linked Non-Convertible Debentures (NCDs) each having a Face Value of Rs 1 lakh on Private Placement Basis. The Finance Committee of the Board of Directors of the company at its meeting held on March 30, 2021, has considered, approved and allotted the same.

MAS Financial Services is registered as a systematically important non deposit taking non-banking finance Company (NBFC) with Reserve Bank of India (RBI). The company is engaged in the business of providing Micro Enterprise loans (MEL), Small and Medium Enterprise loans (SME), Two Wheeler loans (TW), Commercial Vehicle loans (CV) and loans to NBFCs - to create the underlying assets of MEL, SME, TW and CV.

MAS Financial Serv Share Price

313.85 -1.50 (-0.48%)
21-Apr-2026 11:29 View Price Chart
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