Allotment of 250 Crore Non-Convertible Debentures on Private Placement

Fund Raising View source PDF Explain this filing

MASFIN · price

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Price reactionminutes from the announcement price · days from the prior close

+1.3%Reaction day

₹313.95

prior close

₹315.70

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.9%-0.7% vs market

Non Banking Financial Company (NBFC) peers, median of 218sector+0.2%+1.1% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 1.1 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.1

15m

+0.4

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3+1.9-0.7+0.2+1.1

Next day

+3.0+3.3-0.3+1.1+1.9

+6.1+3.5+2.6+1.2+4.8

+2.0+2.4-0.4+0.3+1.7

+3.0+3.1-0.1+0.0+3.0

+0.7+2.6-1.9+0.6+0.1

+1.9+2.1-0.2+0.6+1.3

15d

+1.0+0.9+0.1-0.6+1.5

-4.5+5.5-10.0-0.1-4.4

-7.7+8.1-15.8+0.1-7.8

-15.1+3.5-18.6-2.8-12.3

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 218Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

MAS Financial Services has allotted 25,000 rated, listed, senior, secured, redeemable NCDs of face value INR 1 lakh each, aggregating to INR 250 crore on private placement basis. Rated CARE AA-/Stable by CARE Ratings. Tenure of about 1 year 11 months, maturing June 12, 2028. Coupon is floating at 3-month T-bill plus 374 bps spread, paid annually. Secured by first charge on receivables at 1.10x cover. To be listed on BSE Wholesale Debt Market segment.

Likely market impact

Raises 250 crore via secured NCD private placement. CARE AA-/Stable rating reflects good credit quality. No equity dilution as these are debt instruments.