Mahindra & Mahindra Financial Services Ltd Right Issue

₹2,996.16 Cr BSE, NSE 22 May 2025 – 6 Jun 2025

Closed Ratio: 1 : 8 BSE, NSE
HomeRight Issue › Mahindra & Mahindra Financial Services Ltd
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Issue Price
₹194.00
Face Value
₹2.00
Issue Size (Shares)
154,441,240
Issue Size (₹ Cr.)
₹2,996.16
📅 Right Issue Timetable
Last Date to Buy SharesTue, May 13, 2025
Record DateWed, May 14, 2025
Credit of Rights EntitlementsTue, Jun 10, 2025
Bid/Offer Opens OnThu, May 22, 2025
Issue Open DateThu, May 22, 2025
Renunciation Last DateTue, Jun 3, 2025
Bid/Offer Closes OnFri, Jun 6, 2025
Issue Close DateFri, Jun 6, 2025
Deemed Date of AllotmentMon, Jun 9, 2025
Credit DateTue, Jun 10, 2025
Listing DateWed, Jun 11, 2025
📋 Right Issue Details
Issue Size (Shares)154,441,240
Issue Size (Amount)₹2,996.16 Cr.
Issue Price₹194.00 per share
Face Value₹2.00 per share
Entitlement Ratio1 : 8
Listing AtBSE, NSE
Terms of PaymentThe Full amount of Issue Price of Re.194/- per Share is payable on Application.
📊 Company Financials (Restated)
Period Ended2025-03-312024-03-31FY I
Income18,530.4615,970.32
EBITDA
Net Worth21,529.4619,933.25
Reserves & Surplus21,282.4819,686.37

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Augmenting the long-term capital and resources for meeting funding requirements for the Company’s business activities
2General corporate purposes.
🏢 About the Company
Incorporated in 1991, Mahindra & Mahindra Financial Services Limited (MMFSL), commonly known as Mahindra Finance, is a leading non-banking financial company (NBFC) in India.

The company primarily serves rural and semi-urban markets, offering a range of financial products and services to over 9 million customers across the country.

Initially focused on financing Mahindra vehicles, MMFSL has since diversified its offerings to include financing for other leading original equipment manufacturers (OEMs), as well as products such as SME finance and mutual funds through its subsidiaries.

The company's product portfolio encompasses vehicle loans (including tractors, utility vehicles, cars, and commercial vehicles), SME loans, personal loans, home loans, loans against property, and insurance broking services.Additionally, MMFSL provides fixed deposit and mutual fund investment options to its clientele.

The company operates through a vast network of over 1,000 offices across India, employing over 19,000 individuals. MMFSL continues to play a pivotal role in empowering rural and semi-urban populations by providing accessible financial solutions tailored to their needs.
📞 Company Contact
CompanyMahindra & Mahindra Financial Services Ltd
AddressGateway Building,
Apollo Bunder,
Mumbai, 400001
Mumbai, Maharashtra, 400001
Phone9122665260
Emailcompany.secretary@mahindrafinance.com
WebsiteVisit ↗
📝 Registrar
NameKfin Technologies Ltd
Phone040-79615565
EmailMahindrafinance.rights@kfintech.com
WebsiteVisit ↗