{"id":5426,"date":"2023-12-13T13:50:11","date_gmt":"2023-12-13T08:20:11","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5426"},"modified":"2023-12-14T11:48:35","modified_gmt":"2023-12-14T06:18:35","slug":"muthoot-microfin-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/muthoot-microfin-ipo-details\/","title":{"rendered":"Muthoot Microfin IPO Details - Complete Overview of Muthoot Microfin Limited IPO"},"content":{"rendered":"\n<p><strong>Muthoot Microfin IPO Price: <\/strong>\u20b9277 - \u20b9291<strong><br>IPO Date Range:<\/strong> Dec 18, 2023 - Dec 20, 2023<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"464\" height=\"290\" src=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/12\/Muthoot-Microfin-logo.png\" alt=\"Muthoot Microfin IPO\" class=\"wp-image-5427\" style=\"width:291px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/12\/Muthoot-Microfin-logo.png 464w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/12\/Muthoot-Microfin-logo-150x94.png 150w\" sizes=\"(max-width: 464px) 100vw, 464px\" \/><\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\"> Foundation &amp; Business Essence:<\/h2>\n\n\n\n<p>Established in April 1992, Muthoot Microfin Limited operates as a specialized microfinance institution. Its primary focus lies in providing microloans to female clients, aiming to generate income specifically in rural areas across India.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Network and Presence<\/h2>\n\n\n\n<p>As of March 31, 2023, the company boasted a gross loan portfolio totaling \u20b992,082.96 million. It operates under the joint liability group model of microfinance, a strategy tailored exclusively for women in low-income households. This model hinges on the belief that providing credit access empowers these individuals to uncover new opportunities, enhancing their existing income.<\/p>\n\n\n\n<p>By March 31, 2023, the company had a workforce of 8,236 branch managers, credit managers, and relationship managers. Additionally, Muthoot Microfin extended its services to 2.77 million customers across 1,172 branches situated in 321 districts across 18 Indian states and union territories. This extensive network was supported by a dedicated team of 10,227 employees.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Strengths:<\/h2>\n\n\n\n<p>The company excels in various domains:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Extensive nationwide presence.<\/li>\n\n\n\n<li>Dedication to serving rural communities, prioritizing the health and social welfare of its clientele.<\/li>\n\n\n\n<li>Strong brand recognition and synergies within the Muthoot Pappachan Group.<\/li>\n\n\n\n<li>Vigorous risk management ensuring a high-quality portfolio.<\/li>\n\n\n\n<li>An operating model geared for efficiency, leveraging technology optimally.<\/li>\n\n\n\n<li>Commitment to streamlined and effective operations through extensive technological integration.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n\n<div class=\"wp-block-uagb-countdown uagb-block-3d225132\"><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-days\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-days\">-<\/div><div class=\"wp-block-uagb-countdown__label\">DAYS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-hours\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-hours\">-<\/div><div class=\"wp-block-uagb-countdown__label\">HOURS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-minutes\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-minutes\">-<\/div><div class=\"wp-block-uagb-countdown__label\">MINUTES<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-seconds\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-seconds\">-<\/div><div class=\"wp-block-uagb-countdown__label\">SECONDS<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-marketing-button uagb-marketing-btn__align-center uagb-marketing-btn__align-text-center uagb-marketing-btn__icon-after uagb-block-5217ab29 wp-block-button\"><a href=\"https:\/\/lakshmishree.com\/ipo\/\" class=\"uagb-marketing-btn__link wp-block-button__link\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"uagb-marketing-btn__title\">APPLY NOW<\/span><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M384 320c-17.67 0-32 14.33-32 32v96H64V160h96c17.67 0 32-14.32 32-32s-14.33-32-32-32L64 96c-35.35 0-64 28.65-64 64V448c0 35.34 28.65 64 64 64h288c35.35 0 64-28.66 64-64v-96C416 334.3 401.7 320 384 320zM488 0H352c-12.94 0-24.62 7.797-29.56 19.75c-4.969 11.97-2.219 25.72 6.938 34.88L370.8 96L169.4 297.4c-12.5 12.5-12.5 32.75 0 45.25C175.6 348.9 183.8 352 192 352s16.38-3.125 22.62-9.375L416 141.3l41.38 41.38c9.156 9.141 22.88 11.84 34.88 6.938C504.2 184.6 512 172.9 512 160V24C512 10.74 501.3 0 488 0z\"><\/path><\/svg><p class=\"uagb-marketing-btn__prefix\">Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Muthoot Microfin IPO Specifics:<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>December 18, 2023 to December 20, 2023<\/td><\/tr><tr><td>Listing Date<\/td><td>Tuesday, December 26, 2023<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9277 to \u20b9291 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>51 shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>32,989,690 shares<br>(aggregating up to \u20b9960.00 Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>26,116,838 shares<br>(aggregating up to \u20b9760.00 Cr)<\/td><\/tr><tr><td>Offer For Sale<\/td><td>6,872,852 shares <br>(aggregating up to \u20b9200.00 Cr)<\/td><\/tr><tr><td>Employee Discount<\/td><td>Rs 14 per share<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>116,837,249<\/td><\/tr><tr><td>Share holding post issue<\/td><td>142,954,087<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Muthoot Microfin IPO Lot Size<\/h2>\n\n\n\n<p>Investors can bid for at least 51 shares and then add more in multiples of 51. The table below shows the smallest and largest amounts retail investors and high net-worth individuals (HNI) can invest, both in shares and money.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>51<\/td><td>\u20b914,841<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>663<\/td><td>\u20b9192,933<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>714<\/td><td>\u20b9207,774<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>67<\/td><td>3,417<\/td><td>\u20b9994,347<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>68<\/td><td>3,468<\/td><td>\u20b91,009,188<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Muthoot Microfin IPO Reservation<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net Issue<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Net Issue<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Muthoot Microfin IPO Timetable (Important Dates)<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Monday, December 18, 2023<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Wednesday, December 20, 2023<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Thursday, December 21, 2023<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Friday, December 22, 2023<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Friday, December 22, 2023<\/td><\/tr><tr><td>Listing Date<\/td><td>Tuesday, December 26, 2023<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on December 20, 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-b994fb1e\"><h2 class=\"uagb-heading-text\">Don't Miss Out!<\/h2><div class=\"uagb-separator\"><\/div><p class=\"uagb-desc-text\">Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 is-style-fill\"><a class=\"wp-block-button__link has-vivid-red-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" target=\"_blank\" rel=\"noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Muthoot Microfin Limited IPO Financial Information<\/h2>\n\n\n\n<p>Between March 31, 2022, and March 31, 2023, Muthoot Microfin Limited saw a significant surge in revenue by 71.58%, accompanied by a remarkable 245.77% increase in profit after tax (PAT).<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2021<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>4183.85<\/td><td>5591.46<\/td><td>8529.20<\/td><\/tr><tr><td>Revenue<\/td><td>696.28<\/td><td>842.94<\/td><td>1446.34<\/td><\/tr><tr><td>Profit After Tax<\/td><td>7.05<\/td><td>47.40<\/td><td>163.89<\/td><\/tr><tr><td>Net Worth<\/td><td>889.89<\/td><td>1336.58<\/td><td>1625.85<\/td><\/tr><tr><td>Reserves &amp; Surplus<\/td><td>642.84<\/td><td>1040.10<\/td><td>1282.15<\/td><\/tr><tr><td>Total Borrowings<\/td><td>3015.66<\/td><td>3996.61<\/td><td>6493.18<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator - Muthoot Microfin IPO<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>P\/E (x)<\/td><td>20.75<\/td><\/tr><tr><td>Post P\/E (x)<\/td><td>25.38<\/td><\/tr><tr><td>Market Cap (\u20b9 Cr.)<\/td><td>4960.82<\/td><\/tr><tr><td>ROE<\/td><td>11.06%<\/td><\/tr><tr><td>Debt\/ Equity<\/td><td>3.99<\/td><\/tr><tr><td>EPS (Rs)<\/td><td>11.98<\/td><\/tr><tr><td>RoNW<\/td><td>10.08%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The company aims to utilize the Net Proceeds from the Fresh Issue to bolster its capital base, catering to future financial needs. The primary and ancillary objectives outlined in the Memorandum of Association empower the company to:<br>(i) sustain our current business operations, and<br>(ii) facilitate the activities intended to be financed through the Net Proceeds. <\/p>\n\n\n\n<p>Additionally, listing the Equity Shares on the Stock Exchanges is anticipated to yield various advantages for the Company, such as bolstering the brand's image among current and prospective customers and establishing a public market for the Equity Shares in India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/jul-2023\/muthoot-microfin-limited-drhp_73421.html\" target=\"_blank\" rel=\"noopener\">Muthoot Microfin IPO DRHP<\/a> and <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/dec-2023\/muthoot-microfin-limited-rhp_79860.html\" target=\"_blank\" rel=\"noopener\">Muthoot Microfin RHP<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-e0c8c4f4\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1693390748634\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390791940\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Why do companies go public with an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390691805\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the price range for the \"Muthoot Microfin Limited\" IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The price range for the\"Muthoot Microfin Limited\" IPO is \u20b9277 to \u20b9291 per share.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390728061\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">When will the \"Muthoot Microfin Limited\" IPO be listed on the stock exchange?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The \"Muthoot Microfin Limited\" IPO is expected to be listed on Tuesday, 26 December 2023.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390318021\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How to apply for an IPO with Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To apply for an IPO with Lakshmishree:<br \/>Go to www.lakshmishree.com\/ipo<br \/>Select the desired IPO and fill in the required details.<br \/>Confirm your application and make the payment.<br \/>Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390631857\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Muthoot Microfin IPO Price: \u20b9277 - \u20b9291IPO Date Range: Dec 18, 2023 - Dec 20, 2023 Foundation &amp; Business Essence: Established in April 1992, Muthoot Microfin Limited operates as a specialized microfinance institution. Its primary focus lies in providing microloans to female clients, aiming to generate income specifically in rural areas across India. Network and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5429,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5426"}],"version-history":[{"count":4,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5426\/revisions"}],"predecessor-version":[{"id":5467,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5426\/revisions\/5467"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5429"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}