Muthoot Microfin IPO : Price, Detail, GMP, Opening Date, Financial Report and More

Muthoot Microfin Limited started in April 1992, is a company that helps women in rural parts of India by giving them small loans. It is part of Muthoot Pappachan Group. These loans are for different things:

  1. Group Loans: These are for helping people make money, like starting a small business or getting things they need to earn a living.
  2. Life Betterment Loans: These loans are for making life better, like buying a cell phone, getting solar lights, or getting things for the home.
  3. Health and Hygiene Loans: This kind of loan helps improve things related to health and cleanliness, like making better bathrooms.
  4. Secured Loans: These loans are safer for the company because they are backed by something valuable, like gold or a growing business.

Muthoot Microfin Limited wants to support women in rural areas, making their lives better by providing different kinds of loans.

Key Points Regarding Muthoot Microfin IPO

IPO Date18 December, 2023 to 20 December, 2023
Price BandRs 277 to Rs 291 per share
Face ValueRs 10 per share
Lot Size51 Shares
Total Issue Size32,989,690 shares (aggregating up to ₹960.00 Cr)
Listing Date26 December 2023, Tuesday as per the schedule
Listing AtBSE, NSE

Muthoot Microfin IPO Overview

  • Book built issue valued at Rs 960.00 crores.
  • Combination of a fresh issue (2.61 crore shares, Rs 760.00 crores) and offer for sale (0.69 crore shares, Rs 200.00 crores).

Subscription Details:

  • Opens for subscription on December 18, 2023, closing on December 20, 2023.
  • Allotment expected on Thursday, December 21, 2023.

Listing Information:

  • Tentative listing date set for Tuesday, December 26, 2023, on BSE and NSE.

IPO Price Band:

  • Price band: ₹277 to ₹291 per share.

Lot Size and Investment:

  • Minimum lot size for an application: 51 shares.
  • Retail investors require a minimum investment of ₹14,841.

Investment Requirements for Qualified Investors:

  • sNII (Non-Institutional Investors): 14 lots (714 shares), totaling ₹207,774.
  • bNII (Non-Institutional Investors): 68 lots (3,468 shares), totaling ₹1,009,188.

Muthoot Microfin Financials

Here’s a quick look at Muthoot Microfin financial breakdown in terms of money (in  crores )

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Profit After Tax163.8947.407.05
Net Worth1,625.851,336.58889.89
Reserves and Surplus1,282.151,040.10642.84
Total Borrowing6,493.183,996.613,015.66

Company Address

Registered Office

Muthoot Microfin Limited
13th Floor, Parinee Crescenzo, Bandra Kurla Complex Bandra East, Mumbai, Maharashtra – 400051
Phone: +91 484 4277500
Email: [email protected]

You May Like

Top 10 Pharmaceutical companies of India

Suraj Estate Developers IPO : Price, Detail, GMP, Opening Date, Financial Report and More

Who is the CEO of Muthoot Microfin?

Sadaf Sayeed is the Chief Executive Officer at Muthoot Microfin.

Who is the CFO of Muthoot Microfin?

Praveen T. is the Chief Financial Officer of our Company.

Who owns Muthoot Microfin?

Muthoot Microfin is predominantly owned by Muthoot Fincorp and the Muthoot family.

Leave a Comment