Max Financial Services share news, announcements and annual reports
NSE: MFSLBSE: 500271InsuranceMid Cap
Max Financial Services Limited · Formerly Max India · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 1989 on BSE, May 2000 on NSE
Last close ₹1,200.00down ₹12.00 (0.99%)BSE ₹1,203.00
Share price at the NSE close on 30 Oct 2026. Previous close ₹1,212.00.
30 Oct: open ₹1,215.10, high ₹1,215.20, low ₹1,174.00
52-week range of traded prices to 30 Oct 2026
₹1,174.00Low, 30 Oct 2026₹1,892.50High, 23 Feb 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹41,414 Cr180th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 7.24
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 4.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.29
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 18,14,03159.6% delivered
Max Financial Services orders, deals and press releases
62 filed, newest first. Page 2 of 2.
Jan 2014
Dec 2012
14 Dec · Business
Board of Directors of the Company on December 12, 2012 granted 1,49,000 Stock Options to certain Non-Executive Directors of the Company under the Max Employee Stock Plan - 2003. The aforesaid Options entitle them one equity share of Rs. 2/- each at par for every one Option exercised and the said Options will be vested on completion of one year from the date of grant, i.e. on December 12, 2013.
Oct 2012
22 Oct · Business
Company approved the allotment of 49,450 equity shares of Rs.2/- each for cash at par to Mr. Rahul Khosla, Managing Director of the Company on October 19, 2012, arising from the exercise of Stock Options.
Sep 2012
11 Sep · Business
Company approved the allotment 72,625 equity shares of Rs.2/- each for cash at par to certain Stock Option holders on September 10, 2012, arising from the exercise of Stock Options.
Aug 2012
14 Aug · Business
Company approved the allotment 17,052 equity shares of Rs.2/- each for cash at par to certain Stock Option holders on August 13, 2012, arising from the exercise of Stock Options.
Jun 2012
14 Jun · Business
Company approved the allotment 8,12,052 equity shares of Rs. 2/- each for cash at par to certain Stock Option holders on June 13, 2012, arising from the exercise of stock options.
Sep 2011
20 Sep · Business
Company approved allotment 5,000 equity shares of Rs.2/- each for cash at par to Mr. K. Narasimha Murthy, a Non Executive Independent Director of the Company, arising from the exercise of Stock Options on September 15, 2011.
Aug 2011
4 Aug · Business
Dynavest India Private Limited, one of the promoter group companies of Max India Limited (Dynavest) had remitted in all, a sum of Rs. 1734 million being the full consideration for subscription to 2,000,000 Warrants of Rs. 867/- each. Each Warrant entitles Dynavest to subscribe to four equity shares of Rs. 2/- each at a premium of Rs. 214.75 per equity share. In this regard, the Board of Directors of the Company on August 04, 2011 allotted 8,000,000 (Eight million) equity shares of Rs. 2/- each at a premium of Rs. 214.75/- per equity share to Dynavest on conversion of 2,000,000 Warrants of Rs. 867/- each. With the aforesaid allotment, the paid up share capital of the Company stood increased to Rs. 52,91,28,220/-, effective August 04, 2011 and the promoters holding stood increased to 37.03% on the enhanced capital.
Jun 2011
13 Jun · Business
Board of Directors of the Company allotted 24,079,700 (Twenty Four million Seventy Nine thousand and Seven hundred) equity shares of Rs.2/- each at a premium of Rs. 214.75/- per equity share, on conversion of 6,019,925 Compulsorily Convertible Debentures of Rs.867/- each ("CCDs") to Xenok Limited, a wholly owned subsidiary of GS Capital Partners VI Fund, L.P., on June 10, 2011. With the aforesaid allotment the paid up share capital of the Company stood increased to Rs.51,31,28,220/-, effective June 10, 2011.
Sep 2010
17 Sep · Business
Company approved allotment of 109677 equity shares of Rs. 2/- each of the Company for cash at par arising from the exercise of Stock Options in the ratio of one equity Shares for every Option, to the Directors and Employees of the Company on September 15, 2010.
Jun 2010
3 Jun · Business
Remuneration Committee of the Company approved grant of 5000 Stock Options each to Mr. K. Narasimha Murthy and Dr. Omkar Goswami, Non Executive Directors of the Company effective June 1, 2010 under the Max Employee Stock Plan - 2003. The said options entitle them one equity share of Rs. 2/- each at par for every one Option and the said options will be vested on completion of one year from the date of grant, i.e., on June 1, 2011.
Mar 2010
30 Mar · Business
Vide its letter dated March 30, 2010 that "The Board of Directors of the Company in its meeting held today approved, in-principle, the proposal of Max New York Life Insurance Company Limited ('MNYL'), a 74:26 joint venture between the Company and New York Life International, LLC ('NYLI') to issue equity shares of approx. 4% of MNYL to Axis Bank, the terms of which are currently under finalization. Last week, the Board of Directors of MNYL approved the proposal for a proposed corporate agency tie-up between MNYL and Axis Bank for a term of ten years whereby Axis Bank would be distributing life Insurance products of MNYL pan India effective May 01, 2010. The aforesaid proposals for the corporate agency tie-up and issuance of shares of MNYL are subject to all regulatory approvals".