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Muthoot Microfin Limited IPO

Muthoot Microfin Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 275.30 (-5.40%)

The Initial Public Offering of Muthoot Microfin Limited's culminated in its successful listing on 26-12-2023 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 18-12-2023 to 20-12-2023 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 21-12-2023. 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
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
Muthoot Microfin IPO Key Performance Indicator
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 Limited
  • Axis Capital Limited
  • Jm Financial Limited
  • SBI 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:
address:

Muthoot Microfin IPO Registrar

Kfin Technologies Limited
Name:
Phone:

Muthoot Microfin IPO FAQs