Muthoot Microfin Limited IPO

Muthoot Microfin Limited IPO is listed on BSE and NSE, priced at ₹277–₹291 per share. The stock debuted at ₹275.3. The IPO had a lot size of ₹51 shares and a minimum investment of ₹14,841.

Muthoot Microfin Limited IPO

Mainboard Listed
₹14,841 (51 Shares)
Minimum Investment
Check Allotment
IPO Dates
Dec 18, 2023 – Dec 20, 2023
Price band
₹277-291 per equity share
Minimum Investment
₹14,841
Issue size
32,989,690 shares (aggregating up to ₹960.00 Cr) #Fresh Issue: 26,116,838 shares (aggregating up to ₹760.00 Cr) #Offer for Sale: 6,872,852 shares of ₹10 (aggregating up to ₹200.00 Cr)
Lot size
51
Allotment Date
Dec 21, 2023
Listing
Dec 26, 2023
Listing At
BSE, NSE

IPO timeline

  1. Dec 18, 2023

    Open Date

    Completed

  2. Dec 20, 2023

    Close Date

    Completed

  3. Dec 21, 2023

    Allotment Date

    Completed

  4. Dec 26, 2023

    Listing Date

    Completed

Price Summary

Last closing
184.75 (-36.51%)
52 week high
217.99
52 week low
124.12
Last update

Muthoot Microfin Limited IPO Essentials

Muthoot Microfin Limited IPO Details

Muthoot Microfin Limited IPO is priced at ₹277-291 per share with a total issue size of 32,989,690 shares (aggregating up to ₹960.00 Cr) #Fresh Issue: 26,116,838 shares (aggregating up to ₹760.00 Cr) #Offer for Sale: 6,872,852 shares of ₹10 (aggregating up to ₹200.00 Cr). The IPO has a lot size of 51 shares and is listed on BSE and NSE.

Issue price
₹277-291 per equity share
Lot size
51 shares
Face value
₹10 Per Equity Share
Issue size
32,989,690 shares (aggregating up to ₹960.00 Cr)
#Fresh Issue: 26,116,838 shares (aggregating up to ₹760.00 Cr)
#Offer for Sale: 6,872,852 shares of ₹10 (aggregating up to ₹200.00 Cr)
Listing at
BSE, NSE
List price
275.3(NSE)
Listing date
Registrar
Kfin Technologies Limited
Lead manager
ICICI Securities Limited, Axis Capital Limited, Jm Financial Limited, SBI Capital Markets Limited

Muthoot Microfin Limited IPO Details

  • Retail Portion 35% (Number of Retail Applications: 2,23,922 Approx),
    (Number of S-HNI Applications : 2,285 Approx),
    (Number of B-HNI Applications : 4,570 Approx)

Muthoot Microfin Limited IPO Documents

Muthoot Microfin Limited IPO Analytics

Muthoot Microfin Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Muthoot Microfin Limited IPO Subscription Status

Muthoot Microfin Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 6,529,210
4,896,907
3,264,604
1,632,302
11,426,117 22,852,234
Day 1 18-12-23 05:00 PM
0.00 x
0.61x
0.44x
0.94x
1.38 x 0.83 x
Day 2 19-12-23 05:00 PM
0.46 x
3.12x
2.45x
4.45x
4.06 x 2.83 x
Day 3 20-12-23 05:00 PM
17.47 x
13.20x
12.34x
14.93x
7.61 x 11.52 x

Muthoot Microfin Limited Valuations

Earnings

EPS (Post IPO)
₹11.98/-
P/E Ratio
24.96

Returns

RoNW
10.08%

Data sourced from DRHP / RHP • For educational purposes only

Muthoot Microfin Limited Financials( In Crs.)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 8,529.20 5,591.46 4,183.85
Revenue 1,446.34 842.94 696.28
Profit After Tax 163.89 47.40 7.05

Muthoot Microfin Limited Company & Offer Insights

About Muthoot Microfin Limited

Muthoot Microfin Limited is a microfinance institution that specializes in providing micro-loans to female customers, primarily for income generation purposes, focusing on rural regions of India. As of December 31, 2022, the company is the fourth largest NBFC-MFI in India in terms of gross loan portfolio. It is also the largest MFI in Kerala in terms of market share and the third largest NBFC-MFI in South India in terms of gross loan portfolio. Additionally, the company is a key player in Tamil Nadu, with an almost 16% market share, as of December 31, 2022.

As of March 31, 2023, Muthoot Microfin serves 2.77 million customers through 1,172 branches in 321 districts across 18 Indian states and union territories with the help of 10,227 employees.

The core strength of the company lies in the following:-
-The company is a market leader with a widespread presence throughout India.
- Muthoot Microfin focuses on serving rural communities and is committed to promoting its customers' health and social welfare.
- Brand recall and synergies with the Muthoot Pappachan Group
- A robust risk management framework results in a healthy portfolio quality.
- The company's operating model is designed to be efficient and optimize the use of technology. The company strives to leverage technology to the maximum extent possible to ensure our operations are streamlined and effective.

Muthoot Microfin Limited Promoter(s)

homas John Muthoot, Thomas Muthoot, Thomas George Muthoot, Preethi John Muthoot, Remmy Thomas, Nina George, Muthoot Fincorp Limited are the company's promoters of Muthoot Microfin Limited.

Muthoot Microfin Limited IPO Issue Objectives

To undertake our existing business activities
To undertake the activities proposed to be funded from the Net Proceeds. Further, 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 Limited IPO - Anchor Investors

Muthoot Microfin IPO: Institutional investors buy Rs 285 cr shares via anchor book.More than 20 institutional investors participated in the anchor book of the company, including marquee names like WCM International, JNL Multi-Manager International, North Carolina Supplemental Retirement Plans, Clearwater International Fund, Florida Retirement System, Morgan Stanley, Integrated Core Strategies, Copthall Mauritius Investment and Societe Generale.

Several insurance companies, including ICICI Prudential Life Insurance, HDFC Life Insurance, Bajaj Allianz Life Insurance, Kotak Mahindra Life Insurance, SBI General Insurance, ICICI Lombard General Insurance, Cholamandalam MS General Insurance and Pramerica Life Insurance also invested in the UK-based private equity investor Greater Pacific Capital-backed company via anchor book.

Contact Information

Frequently Asked Questions

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Muthoot Microfin Limited IPO is a book-built IPO worth ₹32,989,690 shares (aggregating up to ₹960.00 Cr) #Fresh Issue: 26,116,838 shares (aggregating up to ₹760.00 Cr) #Offer for Sale: 6,872,852 shares of ₹10 (aggregating up to ₹200.00 Cr). The price band is ₹277–₹291 per share. The IPO opens on Dec 18, 2023 and closes on Dec 20, 2023. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The price band of Muthoot Microfin Limited IPO is ₹277 to ₹291 per share.

The lot size of Muthoot Microfin Limited IPO is 51 shares.

The minimum investment for Muthoot Microfin Limited IPO is approximately ₹14,841 based on the upper price band .

Muthoot Microfin Limited IPO opens on Dec 18, 2023 and closes on Dec 20, 2023.

The allotment date of Muthoot Microfin Limited IPO is Dec 21, 2023.

Muthoot Microfin Limited IPO is expected to be listed on Dec 26, 2023, on BSE and NSE .

Muthoot Microfin Limited IPO listed on Dec 26, 2023. It was issued at ₹275.3(NSE) and is currently around ₹184.75 as on 14-May-2026 3:30 PM, which is approximately -36.5% versus issue price. The 52-week high is ₹217.99.

Based on listing and post-listing performance, Muthoot Microfin Limited IPO delivered around -36.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Muthoot Microfin Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Muthoot Microfin Limited IPO valuation snapshot: P/E 24.96, EPS ₹11.98/-, P/B N/A, RoNW 10.08%, and market cap N/A.

To apply for Muthoot Microfin Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Muthoot Microfin Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Muthoot Microfin Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Muthoot Microfin Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Muthoot Microfin Limited IPO allotment status on IPO Ji for quick and easy access.