MAS Financial Services has raised Rs 125 crore through allotment of 12,500 fully paid, senior, secured, listed, rated, taxable, redeemable, transferable, non-convertible debentures (NCDs) denominated in Indian Rupees, each having a face value of Rs 1,00,000. Further, these Debentures have been rated ‘A+; Positive’ (Single A Plus; Outlook: Positive) by CARE Ratings.
MAS Financial Services 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.