MAS Financial IPO fully subscribed on first day

by | Oct 6, 2017 | Going Public | 0 comments

MAS Financial IPO fully subscribed on first day
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Author: Livemint / Source: http://www.livemint.com/

MAS Financial plans to raise Rs2,275 crore through the share sale with a price band of Rs456-459 per share. Photo: Bloomberg
MAS Financial plans to raise Rs2,275 crore through the share sale with a price band of Rs456-459 per share. Photo: Bloomberg

New Delhi: The initial public offering (IPO) of MAS Financial Services Ltd was subscribed 1.05 times on Friday, the first day of the shares sale.

As of 6.15pm, the IPO received bids for 7,531,808 shares against the total issue size of…

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