Muthoot Microfin IPO, Review, IPO Performance by IPOPlatform India

About Muthoot Microfin

Company Information

Muthoot Microfin Limited is a microfinance institution providing micro-loans to women customers, primarily for income generation purposes, with a focus on rural regions of India. It is the fourth largest NBFC-MFI in India in terms of gross loan portfolio as of December 31, 2022 (Source: CRISIL Report). The company is also the third largest amongst NBFC-MFIs in South India in terms of gross loan portfolio, the largest in Kerala in terms of MFI market share, and a key player in Tamil Nadu with almost a 16% market share, as of December 31, 2022 (Source: CRISIL Report). As of March 31, 2023, its gross loan portfolio amounted to '92,082.96 million. The company believes that its business model helps in driving financial inclusion, serving customers from

Object of Issue

To undertake their existing business activities
to undertake the activities proposed to be funded from the Net ProceedsFurther, the Company expects to receive the benefits of listing the Equity Shares on the Stock Exchanges, including enhancing the brand image among existing and potential customers and creating a public market for the Equity Shares in India

Muthoot Microfin MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Dec, 2023

IPO Size :

960.00 Cr.

Market Cap :

4960.82 Cr.

IPO Subscription :

12.30 X

PE Multiple :

0.00

Merchant Banker :
Axis Capital Limited

IPO Registrar:
Kfin Technologies Limited

FAQs

1. What is Muthoot Microfin IPO?

Muthoot Microfin operates in Banking And Finance and Muthoot Group Micro Finance Arm. The Issue is listed on MainBoard in Dec, 2023. Muthoot Microfin IPO size was 960.00 Cr. with Issue price of 291.00 .

2. Who is the merchant banker of Muthoot Microfin IPO?

Merchant Banker(s) of Muthoot Microfin IPO: Axis Capital Limited , ICICI Securities Limited , Jm Financial Limited , SBI Capital Markets Limited

3. How many times Muthoot Microfin IPO was subscribed?

Muthoot Microfin IPO subscription was 12.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Muthoot Microfin IPO?

Muthoot Microfin IPO listed at a listing price of 266.20 against the offer price of 291.00.

5. What is the current market price of Muthoot Microfin IPO?

The current market price of Muthoot Microfin is 170.09.