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Open
18 Dec 2023
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Close
20 Dec 2023
3
Allotment
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Listing
Tue, Dec 26, 2023
Price Band
₹277 to ₹291
Issue Size
3,30,07,054 shares (agg. up to ₹960 Cr)
Lot Size
51 Shares
Listing Date
Tue, Dec 26, 2023
Latest GMP
₹27
Est. Gain
9.28%
✦ AI Insight
GMP Trend
26-12-2023₹27Est. ₹318+9.28%
25-12-2023₹27Est. ₹318+9.28%
24-12-2023₹31Est. ₹322+10.65%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.68x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 8,529.20 | 5,591.46 | 4,183.85 |
| Total Income | 1,446.34 | 842.94 | 696.28 |
| Profit After Tax | 163.89 | 47.40 | 7.05 |
| NET Worth | 1,625.85 | 1,336.58 | 889.89 |
| Reserves and Surplus | 1,282.15 | 1,040.10 | 642.84 |
| Total Borrowing | 6,493.18 | 3,996.61 | 3,015.66 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To undertake our existing business activities; and To undertake the activities proposed to be funded from the Net Proceeds. | 760.00 |
About Muthoot Microfin IPO
Founded in April 1992, Muthoot Microfin Limited, a subsidiary of Muthoot Pappachan Group, provides micro-loans to female customers with a focus on rural regions in India. The company provides: Group loans for livelihood solutions such as income-generating loans, Pragathi loans (bridging loans to existing customers for working capital and income-generating activities) and individual loans Life betterment solutions including loans for cell phones, solar lights and household appliances Health and hygiene loans such as loans to improve sanitary facilities Secured loans in the form of gold loans and our Muthoot Small & Growing Business ("MSGB") loans. In 2021, the company launched the "Mahila Mitra" mobile application, which enables digital payment methods such as QR codes, websites, SMS-based links and voice-based payment methods. As of March 31, 2023, 1.18 million customers have downloaded the Mahila Mitra application and 1.70 million customers have made digital transactions. As of March 31, 2023, the company has 2.77 million active customers, 1,172 branches in 321 districts in 18 states and union territories in India, and employs 10,227 people.+ Read More
Contact Details
Muthoot Microfin Ltd. Address13th Floor, Parinee CrescenzoBandra Kurla ComplexBandra EastMumbai, Maharashtra, 400051+91 48 4427 7500info@muthootmicrofin.comVisit Website