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Muthoot Microfin Limited Logo

Muthoot Microfin Limited

Dec 18, 2023 – Dec 20, 2023
Listed Price:
₹275.30
(-5.40%)
Price Band₹277 - ₹291
Lot Size51 Shares
Allotment DateDec 21, 2023
Listing DateDec 26, 2023
Subscription12.1 Times
Issue Size₹960.00 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹27
(9.28%)

Premium (ELP)

The Initial Public Offering of Muthoot Microfin Limited's culminated in its successful listing on Dec 26, 2023 at the NSE, BSE trading platform. The company secured 3,29,89,690 Shares through this capital market exercise, with 2,61,16,838 Shares allocated to new capital formation and ₹200.00 Cr to existing shareholder liquidity.

Investors participated within the price parameters of ₹277 to ₹291, with minimum investment requirements of 51 shares. The subscription period from Dec 18, 2023 to Dec 20, 2023 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on Dec 21, 2023. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Muthoot Microfin IPO Details
IPO Date
:
Dec 18, 2023 to Dec 20, 2023
Allotment Date
:
Dec 21, 2023
List Date
:
Dec 26, 2023
Lot Size
:
51 share
Issue Price
:
₹277 - ₹291
Issue Size
:
3,29,89,690 (aggregating up to 960.00 Cr)
Fresh Issue
:
2,61,16,838 (aggregating up to 760.00 Cr)
Offer For Sale
:
68,72,852 (aggregating up to 200.00 Cr)
Listing At
:
NSE, BSE
Share Holding Pre-Issue
:
11,68,37,249
Share Holding Post-Issue
:
15,60,88,609
Market Marker Portion
:
-
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares3,30,07,054
QIB
49.45%(1,63,23,021)
NII(HNI)
14.84%(48,96,907)
RETAIL
34.62%(1,14,26,116)
Employee
1.09%(3,61,010)
Total
100.00%(3,30,07,054)
Muthoot Microfin IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials ( In Crores)
Muthoot Microfin IPO About Company

Incorporated in April 1992, Muthoot Microfin Limited is a microfinance institution that provides small loans mainly to women in rural areas to support income generating activities. As of December 31, 2022, it is the fourth largest NBFC-MFI in India by gross loan portfolio, the largest in Kerala and the third largest in South India. The company also has a strong presence in Tamil Nadu with around 16% market share. As of March 31, 2023, Muthoot Microfin serves 2.77 million customers through 1,172 branches in 321 districts across 18 states and union territories, supported by a workforce of 10,227 employees.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Muthoot Microfin IPO Strength Factors
  1. Pan-India Presence & Market Leadership
  2. Strong Focus on Rural Communities with Social Impact
  3. High Brand Recall backed by Muthoot Pappachan Group
  4. Robust Risk Management ensures healthy portfolio quality
  5. Tech-Driven Efficient Operating Model for streamlined processes
⚠️Muthoot Microfin IPO Risk Factors

NA

🏦Muthoot Microfin IPO Lead Manager(s)
ICICI Securities LimitedAxis Capital LimitedJm Financial LimitedSBI Capital Markets Limited
👤Muthoot Microfin IPO Promoter(s)
  1. homas John Muthoot
  2. Thomas Muthoot
  3. Thomas George Muthoot
  4. Preethi John Muthoot
  5. Remmy Thomas
  6. Nina George
  7. Muthoot Fincorp Limited
🏢Muthoot Microfin IPO Company Details

Muthoot Microfin Limited

Phone:+91 48 4427 7500
address:13th Floor, Parinee Crescenzo, Bandra Kurla Complex Bandra East, Mumbai 400 051,
📋Muthoot Microfin IPO Registrar

Kfin Technologies Limited

Name:Kfin Technologies Limited
Phone:04067162222
❓Muthoot Microfin IPO FAQs
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