Muthoot Microfin Ltd
Price Range
₹277 - ₹291
Min. Quantity
51
Closes on
20 December 2023
Min. investment
₹14,841/663 Shares
Muthoot Microfin Ltd IPO Timeline
Muthoot Microfin Limited was formerly incorporated as 'Panchratna Stock and Investment Consultancy Services Private Limited' on April 06, 1992 at Mumbai, Maharashtra. The Company was converted into a Public Limited Company on April 30, 1994 and name was changed to 'Panchratna Stock and Investment Consultancy Services Limited' on June 09, 1994. Thereafter, name changed to 'Panchratna Securities Limited' on June 22, 1994. Consequently, the name was converted to 'Muthoot Microfin Limited' vide a fresh Certificate of Incorporation on November 06, 2012.
| Event | Date |
|---|---|
| Muthoot Microfin Ltd IPO Opening Date | 18 December 2023 |
| Muthoot Microfin Ltd IPO Closing Date | 20 December 2023 |
| Basis of Allotment | 21 December 2023 |
| Initiation of Refunds | 22 December 2023 |
| Credit of Shares to Demat | 22 December 2023 |
| Muthoot Microfin Ltd IPO Listing Date | 26 December 2023 |
Muthoot Microfin Ltd IPO Details
| Muthoot Microfin Ltd IPO Date | 18 December 2023 to 20 December 2023 |
| Muthoot Microfin Ltd IPO Face Value | ₹10 per share |
| Muthoot Microfin Ltd IPO Price | ₹277 to ₹291 per share |
| Muthoot Microfin Ltd IPO Lot Size | 51 |
| Issue Size | Shares of ₹10 (aggregating up to ₹960 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹760 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹200 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 68,59,205 of the Net Offer |
| Retail Shares Offered | Not less than 1,20,03,610 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 51,44,404 of the Net Offer |
| Company Promoters | Thomas John Muthoot, Thomas Muthoot, Thomas George Muthoot |
Muthoot Microfin Ltd IPO Lot Size
The Muthoot Microfin Ltd IPO lot size is 51 shares. A retail-individual investor can apply for up to 13 lots (663 shares or ₹1,92,933).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 51 | ₹14,841 |
| Maximum | 13 | 663 | ₹1,92,933 |
- Strengths
- Risks
- Opportunities
- Market leadership with a pan-India presence.
- Rural focused operations, with a commitment towards health and social welfare of our customers.
- Brand recall and synergies with the Muthoot Pappachan Group.
- Robust risk management framework leading to healthy portfolio quality.
- Streamlined operating model with effective use of technology.
- Access to diversified sources of capital and effective cost of funds.
- Experienced and Professional Management, with Strong Corporate Governance and support from Promoters and Investors.
Company Financials
Muthoot Microfin Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 11,590.23 | 2,285.49 | 449.58 |
| 03-2023 | 8,529.2 | 1,446.34 | 163.89 |
| 03-2022 | 5,591.46 | 842.94 | 47.40 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Listing of the shares on the stock exchanges
Muthoot Microfin Ltd IPO Promoter Holding
| Pre Issue Share Holding | 2.46% |
| Post Issue Share Holding | 1.75% |
Muthoot Microfin Ltd IPO Subscription Status (Bidding Detail)
The Muthoot Microfin Ltd IPO is subscribed 11.52 times on 20 December 2023 05:00:00 PM. The public issue subscribed 7.61 times in the retail category, 17.47 times in the QIB category, and 13.2 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 17.47 | 13.2 | 7.61 | 4.95 | 11.52 |
Muthoot Microfin Ltd IPO Prospectus
Muthoot Microfin Ltd IPO Listing Date
| Listing Date | 26 December 2023 |
| BSE Script | 544055 |
| NSE Symbol | MUTHOOTMF |
| Listing In | BSE, NSE |
| ISIN | INE046W01019 |
| IPO Price | ₹291 |
| Face Value | ₹10 |
Company Contact Information
13th Floor Parinee CrescenzoBandra Kurla Cmpx Bandra East,Mumbai-400051
Phone: +91 48 4427 7500
Email: info@muthootmicrofin.com
Website: www.muthootmicrofin.com
Muthoot Microfin Ltd IPO Registrar
Muthoot Microfin Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- Axis Capital Ltd
- JM Financial Ltd
- SBI Capital Markets Ltd
FAQ
What is the issue size of Muthoot Microfin Ltd IPO?
I have pre-applied for Muthoot Microfin Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.