MAS Financial Services today filed draft papers with capital markets regulator Sebi to raise an estimated Rs 550 crore through initial public offering.
The company is a Gujarat-headquartered non-banking financial company (NBFC) with more than two decades of business operations and having presence across six states and the NCT of Delhi.
The initial public offer (IPO) comprises fresh issue of shares worth up to Rs 307.4 crore and an offer for sale of up to Rs 242.6 crore by…