MAS Financial Services lists at Rs 660, 44% premium against issue price

MAS Financial Services hit a high of Rs 668 on the BSE so far

MAS Financial Services made a strong debut by listing at Rs 660, a 44% premium against its issue price of Rs 459 per share on the National Stock Exchange (NSE) and the BSE.

At 10:01 AM; the stock was trading at Rs 656 after hitting a high of Rs 668 on the BSE so far. A combined 2.3 million shares changed hands on the counter on the BSE and NSE.

The Rs 460-crore initial public offer (IPO) of the company was subscribed 128 times from 6-10 October. The company had fixed the price band at Rs 456-459 per