The Muthoot Microfin IPO started on December 18, 2023, and ended on December 20, 2023. Shares were allocated on December 21, 2023, and refund processes began on December 22, 2023. On December 22, 2023, the shares were credited to investors demat accounts. Muthoot Microfin was officially listed on the stock exchange on December 26, 2023.
During the IPO, Muthoot Microfin offered shares at a price range of ₹277 to ₹291 per share, and the lot size was 51 shares. The total issue size was ₹960.00 crores, with ₹760.00 crores from new shares and ₹200.00 crores from shares for sale. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Muthoot Microfin IPO Subscription Update Video
Muthoot Microfin IPO Subscription Status
The Muthoot Microfin IPO on December 20, 2023 was subscribed 12.30 times, with the retail category being subscribed 8.00 times, the NII (Non-Institutional Investor) category being subscribed 13.87 times, the QIB (Qualified-Institutional Buyers) category being subscribed 18.35 times.
| Category | Subscription |
| QIB | 18.35x |
| NII | 13.87x |
| Retail | 8.00x |
| Total | 12.30x |
Muthoot Microfin IPO Basic Details
| Company Name | Muthoot Microfin Limited |
| Domain of Company | Finance Company |
| Muthoot Microfin IPO Open Date | December 18, 2023 |
| Muthoot Microfin IPO Close Date | December 20, 2023 |
| Muthoot Microfin IPO Allotment Date | December 21, 2023 |
| Muthoot Microfin IPO Listing Date | December 26, 2023 |
| Face Value | ₹10 per share |
| Price | ₹277 to ₹291 per share |
| Lot Size | 51 Shares |
| Issue Size | 32,989,690 shares of ₹10 (aggregating up to ₹960.00 Cr) |
| Fresh Issue | 26,116,838 shares of ₹10 (aggregating up to ₹760.00 Cr) |
| Offer for Sale | 6,872,852 shares of ₹10 (aggregating up to ₹200.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | Thomas John Muthoot, Thomas Muthoot, Thomas George Muthoot, Preethi John Muthoot, Remmy Thomas, Nina George and Muthoot Fincorp Limited |
About Muthoot Microfin Limited
Muthoot Microfin Limited, a part of the Muthoot Pappachan Group, started its journey in April 1992. We’re here to help women in rural areas of India by offering small loans.
Here’s what we do:
- Group Loans: We provide loans to support livelihoods, like income-generating loans, Pragathi loans (helping existing customers with working capital), and individual loans.
- Life Improvement Loans: Need a new phone, solar lights, or household appliances? We’ve got you covered.
- Health and Hygiene Loans: Improve your sanitary facilities with our special loans.
- Secured Loans: If you have gold or run a Small & Growing Business, we have loans tailored for you.
In 2021, we introduced the “Mahila Mitra” mobile app. It’s a game-changer, allowing digital payments through QR codes, websites, SMS links, and even voice-based methods. And guess what? Over 1.18 million customers have already downloaded it, making 1.70 million digital transactions by March 31, 2023.
Speaking of numbers, by the end of March 2023, we have 2.77 million active customers. Our presence spans 1,172 branches across 321 districts in 18 states and union territories in India. And all of this is made possible by our incredible team of 10,227 people. We’re more than just a company; we’re here to make a positive impact on lives.
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Muthoot Microfin IPO FAQs
What is the start and end date of Muthoot Microfin IPO Subscription?
The Muthoot Microfin IPO started on December 18, 2023, and ended on December 20, 2023.
When does Muthoot Microfin IPO Subscription open?
The Muthoot Microfin IPO open on December 18, 2023.
When does Muthoot Microfin IPO Subscription close?
The Muthoot Microfin IPO Close on December 20, 2023.
What is the allotment date of Muthoot Microfin IPO?
The allotment date for Muthoot Microfin IPO is December 21, 2023.
When is the initial refund date of Muthoot Microfin IPO?
The initial Refund date for Muthoot Microfin IPO is December 22, 2023.
When were the shares credited to investors demat accounts for the Muthoot Microfin IPO?
The shares for the Muthoot Microfin IPO were credited to investors demat accounts on December 22, 2023.
When will Muthoot Microfin IPO be listed on the stock market?
Muthoot Microfin IPO stock market will be listed on December 23, 2023 at 10 am.
What was the price range of the Muthoot Microfin IPO shares?
The Muthoot Microfin IPO shares were offered at a price range of ₹277 to ₹291 per share.
What was the lot size for the Muthoot Microfin IPO shares?
The lot size for the Muthoot Microfin IPO shares was 51 shares.
What was the total issue size of the Muthoot Microfin IPO?
The total issue size of the Muthoot Microfin IPO was ₹960.00 crores.
How were the shares allocated among different types of investors for the Muthoot Microfin IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Muthoot Microfin IPO listed?
The Muthoot Microfin IPO was listed on both the NSE and BSE.
What is the Muthoot Microfin IPO Subscription Status?
Muthoot Microfin IPO is subscribed 12.30 Times.
