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Open
21 Feb 2006
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Close
24 Feb 2006
3
Allotment
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Listing
Fri, Mar 17, 2006
Price Band
₹170 to ₹200
Issue Size
2,00,00,000 shares (agg. up to ₹400 Cr)
Listing Date
Fri, Mar 17, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 26.89x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 4,305.28 | 3,057.97 | 2,014.10 | 1,430.86 |
| Total Income | 398.30 | 404.76 | 301.36 | 245.96 |
| Profit After Tax | 61.07 | 82.27 | 65.09 | 44.18 |
| NET Worth | 402.61 | 355.58 | 251.74 | 205.80 |
| Reserves and Surplus | 331.92 | 285.42 | 191.12 | 145.18 |
| Total Borrowing | 3,601.79 | 2,454.11 | 1,571.39 | 1,109.39 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| India Infoline Ltd. | Mainboard | ₹90.28 Cr | ₹76 | 30.5 | ₹78.05 | +2.70% | ₹567.10 (+4.31%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augment our capital base to meet our future capital requirements arising out of growth in our business 1878.0 and for other general corporate purposes | 187.80 |
| 2 | Estimated Issue expenses | 12.20 |
| Total | 200.00 |
About Mahindra & Mahindra Financial Services IPO
Mahindra & Mahindra Financial Services Ltd. is a leading non-banking finance company in India, focused on serving rural and semi-urban customers. The company provides financing for utility vehicles, tractors, and cars through a wide branch network across the country. As a subsidiary of Mahindra & Mahindra (M&M), it benefits from strong industry experience and expertise. The company's aim is to be the preferred retail finance provider in these regions by offering simple, flexible, and quick loan solutions. It serves as a bridge between traditional banks and local money lenders, making credit more accessible. Over the years, the company has also expanded its reach significantly, growing the branch network and customer base across multiple states and Union Territories.+ Read More
Contact Details
Mahindra & Mahindra Financial Services Ltd. AddressGateway BuildingApollo BunderMumbai, Maharashtra, 40000191 22 5652 6000ravi.v@mahindra.comVisit Website