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MAS as an organisation commenced its journey in 1988. We are a specialized financial service provider, registered with RBI as an NBFC since 1995, and listed on NSE & BSE in 2017. We offer financial services for Two Wheeler Loans, Business Loans, MEL, Personal Loans, Commercial Vehicle Loan, Working Capital Loans – Auto Loans, Agri Loans, Tractor Loans, Consumer Durable, SME (Machinery & Industrial Shed) Loans, Loan against Property, Home Loans etc. to satisfy the varied needs of our clients. The focus remains on the vast lower income and middle income groups of the society, spread across urban, semi urban and rural areas, and including formal and informal sector. We are very proud to be associated with this class of customers since 2 decades. Our business model, vision, vast experience and distribution network places us uniquely in the industry. We have our presence across Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Tamil Nadu, Karnataka & Delhi with 110+ branches covering 4,000+ locations. We have created the expertise in the distribution of credit and a base of more than 15,00,000 customers.
Overview
Location
India, Gujarat, Ahmedabad
Employees
1001-5000
Phone
+91 79 4913 7777
Total raised
$10M
Founded date
1995
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 25
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| Dec 12, 2024 | Snapmint raises $18 mn from Prudent Investment's Prashasta Seth, others | Snapmint founders Nalin Agrawal, Anil Gelra and Abhineet Sawa No-cost EMI platform Snapmint Thursday said it raised $18 million (over Rs 150 crore) in a mix of debt and equity in a funding round led by Prashasta Seth, founder of Prudent Inv... |
| Oct 23, 2024 | MAS Financial Services Ltd. Q2FY25 PAT Jumps 25.31% to Rs. 77.62 Crores | Ahmedabad, Gujarat, India The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, announced today the unaudited financial results for the quarter ended 30th Septemb... |
| Jul 25, 2024 | Education finance firm Auxilo raised additional $12 M debt funding | The non-banking financial corporation (NBFC) Auxilo, which focuses on education, has raised debt financing totalling Rs 100 crore, or about $12 million. In order to raise Rs 100 crore ($12 million), the board of Auxilo issued non-convertibl... |
| Jul 24, 2024 | MAS Financial Reports 24% Growth in AUM & 26% in PAT in Q1FY25; Consolidated AUM Crosses Rs. 11,000 Crores | Ahmedabad, Gujarat, India The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, announced today the unaudited financial results for the quarter ended 30th June 20... |
| Jul 23, 2024 | Exclusive: Education finance firm Auxilo raises $12 Mn more in debt | Education-focused non-banking financial corporation (NBFC) Auxilo has secured Rs 100 crore (approximately $12 million) in a debt financing round. The board at Auxilo has issued non-convertible debentures (NCDs) at an issue price of Rs 1,00,... |
| May 16, 2024 | Finmin discusses NBFC-related issues and concerns with chief executives of top companies | Finance Ministry on Thursday held wide-ranging consultations with the chief executives of top Non-Banking Finance Companies (NBFCs) on the issues and challenges before the sector and their implication for the financial system including bank... |
| Apr 24, 2024 | MAS Financial Services Limited Reports PAT of more than Rs 250 Crores for the FY 2023-24, While the Consolidated AUM Crosses Rs 10,700 Crores | Ahmedabad, Gujarat, India A strong growth of 26.05% in AUM & 23.41% in PAT Rating upgraded to CARE AA- The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, a... |
| Jan 24, 2024 | MAS Financial Reports a Strong Growth in Q3FY24 with 27.63% Jump in AUM & 24.15% in PAT; Consolidated AUM Crosses Rs. 10,000 Crore During the Quarter | Ahmedabad, Gujarat, India The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, announced today the unaudited financial results for the quarter ended 31st Decembe... |
| Jan 18, 2024 | MAS Financial Services Recommends Issuance of Bonus Shares in the Proportion of 2:1; Plans to Raise upto Rs. 700 Crores Via QIP Route | Ahmedabad, Gujarat, India The meeting of Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, held today have inter-alia considered and approved the following matter... |
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FAQ about MAS Financial Services Limited
When was MAS Financial Services Limited founded?
MAS Financial Services Limited was founded in 1995.
How much funding has MAS Financial Services Limited raised?
MAS Financial Services Limited has raised $10M in total across 1 funding round.
What has the press written about MAS Financial Services Limited?
Parsers VC has collected 25 articles mentioning MAS Financial Services Limited, among them “Snapmint raises $18 mn from Prudent Investment's Prashasta Seth, others” (Dec 12, 2024) and “MAS Financial Services Ltd. Q2FY25 PAT Jumps 25.31% to Rs. 77.62 Crores” (Oct 23, 2024).
Is MAS Financial Services Limited still active?
Yes, MAS Financial Services Limited is active; its latest activity on Parsers VC dates from Dec 12, 2024.