Non-banking financial company MAS Financial Services will make stock market debut on Wednesday
after having concluded its initial share sale offer last week.
The Rs 460-crore initial public offer (IPO) was oversubscribed 128 times from October 6-10.
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MAS Financial is a Gujarat-headquartered NBFC with more than two decades of business operations.
Net proceeds from the fresh issue will be utilised towards augmenting its capital base to meet future requirements.
Motilal Oswal Investment Advisors managed the company's IPO.
The shares are proposed to be listed on National Stock Exchange and BSE.