My Mudra Fincorp Ltd
Price Range
₹104 - ₹110
-
Min. Quantity
1,200
Closes on
9 September 2024
-
Min. investment
₹1,32,000/1,200 Shares
My Mudra Fincorp Ltd IPO Timeline
My Mudra Fincorp Limited was originally incorporated as a Private Limited Company under the name 'My Mudra Fincorp Private Limited' pursuant to a Certificate of Incorporation dated September 11, 2013 issued by Registrar of Companies, National Capital Territory of Delhi and Haryana. Subsequently, Company was converted into a Public Limited Company and the name of Company was changed from 'My Mudra Fincorp Private Limited' to 'My Mudra Fincorp Limited' vide a fresh Certificate of Incorporation dated October 19, 2023, issued by the Registrar of Companies, Delhi.
| Event | Date |
|---|---|
| My Mudra Fincorp Ltd IPO Opening Date | 5 September 2024 |
| My Mudra Fincorp Ltd IPO Closing Date | 9 September 2024 |
| Basis of Allotment | 10 September 2024 |
| Initiation of Refunds | 11 September 2024 |
| Credit of Shares to Demat | 11 September 2024 |
| My Mudra Fincorp Ltd IPO Listing Date | 12 September 2024 |
My Mudra Fincorp Ltd IPO Details
| My Mudra Fincorp Ltd IPO Date | 5 September 2024 to 9 September 2024 |
| My Mudra Fincorp Ltd IPO Face Value | ₹10 per share |
| My Mudra Fincorp Ltd IPO Price | ₹104 to ₹110 per share |
| My Mudra Fincorp Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹33.26 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹33.26 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Vaibhav Kulshrestha, Nisha Kulshrestha |
My Mudra Fincorp Ltd IPO Lot Size
The My Mudra Fincorp Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,32,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,32,000 |
| Maximum | 1 | 1,200 | ₹1,32,000 |
- Strengths
- Risks
- Opportunities
- Strong portfolio and diverse range of Loan products across consumer preferences.
- Diversified revenue from multiple locations and geographies of India.
- Capital efficient model with low operating costs.
- Strategic Partnerships with Banks and NBFCs.
- Experienced Leadership and Management.
Company Financials
My Mudra Fincorp Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 30.28 | 71.14 | 8.36 |
| 03-2023 | 14.85 | 53.56 | 3.47 |
| 03-2022 | 9.4 | 28.46 | 0.47 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment of a portion of certain borrowings availed by the company
- Investment in technology development and digital infrastructure
- To meet working capital requirements
- General corporate purposes
My Mudra Fincorp Ltd IPO Promoter Holding
| Pre Issue Share Holding | 21.75% |
| Post Issue Share Holding | 15.98% |
My Mudra Fincorp Ltd IPO Subscription Status (Bidding Detail)
The My Mudra Fincorp Ltd IPO is subscribed 95.2761 times on 9 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 95.2761 |
My Mudra Fincorp Ltd IPO Prospectus
My Mudra Fincorp Ltd IPO Listing Date
| BSE Script | 93289 |
| NSE Symbol | MYMUDRA |
| Listing In | NSE - SME |
| ISIN | INE0RVQ01016 |
| IPO Price | ₹110 |
| Face Value | ₹10 |
Company Contact Information
17A/45 2nd, Flr w.e.a,Karol Bagh, Central Delhi,New Delhi-110005
Phone: 011-4701 0500
Email: info@mymudra.com
Website: www.mymudra.com
My Mudra Fincorp Ltd IPO Registrar
My Mudra Fincorp Ltd IPO Lead Manager(s)
- Hem Securities Ltd
FAQ
What is the issue size of My Mudra Fincorp Ltd IPO?
I have pre-applied for My Mudra Fincorp 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.