My Mudra Fincorp IPO
My Mudra Fincorp is an NSE SME IPO listed on the NSE SME platform, priced at ₹104–₹110 per share. The stock debuted at ₹130, delivering a listing gain of 18.2%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,32,000.
My Mudra Fincorp Limited IPO
- IPO Dates
- Sep 5, 2024 – Sep 9, 2024
- Price band
- ₹104-110 per equity share
- Minimum Investment
- ₹1,32,000
- Issue size
- ₹33.26 Cr
- Lot size
- 1200
- Allotment Date
- Sep 10, 2024
- Listing
- Sep 12, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 5, 2024
Open Date
Completed
-
Sep 9, 2024
Close Date
Completed
-
Sep 10, 2024
Allotment Date
Completed
-
Sep 12, 2024
Listing Date
Completed
My Mudra Fincorp IPO Essentials
My Mudra Fincorp IPO Details
My Mudra Fincorp IPO is priced at ₹104-110 per share with a total issue size of 33.26 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹104-110 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,024,000 shares(aggregating up to ₹33.26 Cr)
- Total issue size
- 30,24,000 shares
(aggregating up to ₹33.26 crore) - Fresh issue
- 30,24,000 shares
(aggregating up to ₹33.26 crore) - Listing at
- NSE SME
- List price
- 130.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Hem Securities Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,32,000 |
| Retail(max) | 1 | 1200 | ₹1,32,000 |
| NII (min) | 2 | 2400 | ₹2,64,000 |
My Mudra Fincorp IPO Reservation
My Mudra Fincorp IPO reservation details show category-wise allocation of shares. Out of the total 30,24,000 shares, approximately 19.01% are reserved for QIB, 14.25% for NII, 33.25% for retail investors, 5.08% for market maker, and 28.41% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 8,59,200 (28.41%) | |
| Market Maker Shares Offered | 1,53,600 (5.08%) | |
| QIB Shares Offered | 5,74,800 (19.01%) | |
| NII (HNI) Shares Offered | 4,30,800 (14.25%) | |
| Retail Shares Offered | 10,05,600 (33.25%) | |
| Total Shares Offered | 30,24,000 (100%) |
My Mudra Fincorp IPO Analytics
My Mudra Fincorp IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
My Mudra Fincorp IPO Subscription Status
My Mudra Fincorp 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 | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 574,800 / 430,800 | 1,005,600 | 2,011,200 |
|
Day 1
05-09-24 06:00 PM
|
(7.00 / 3.60) x | 6.04 x | 5.79 x |
|
Day 2
06-09-24 06:00 PM
|
(8.58 / 11.30) x | 17.55 x | 13.65 x |
|
Day 3
09-09-24 06:00 PM
|
(48.83 / 159.72) x | 108.77 x | 102.55 x |
My Mudra Fincorp Valuations
Earnings
- EPS Pre IPO
- ₹9.98/-
- EPS Post IPO
- ₹7.33/-
- P/E Pre IPO
- 11.02
- P/E Post IPO
- 15
Returns
- ROE
- 66.20%
- ROCE
- 45.98%
- RoNW
- 49.74%
- PAT Margin
- 11.76
My Mudra Fincorp Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 3,027.82 | 1,485.01 | 939.6 |
| Revenue | 7,114.36 | 5,355.8 | 2,846.18 |
| Profit After Tax | 835.52 | 346.75 | 46.86 |
| Net Worth | 1,679.79 | 844.27 | 437.88 |
| Reserves & Surplus | 1,678.61 | 843.08 | 436.81 |
| Total Borrowing | 964.41 | 371.1 | 341.2 |
My Mudra Fincorp Company & Offer Insights
About My Mudra Fincorp
My Mudra Fincorp Limited was incorporated in the year 2013 and is acting as a Channel Partner (DSA) for all major banks and NBFCs in India.
A full-service financial-products distributor and sale company. Because the company was a channel partner, it delivered various secured loans-for example, to the home market and property to the referred clients-and unsecured loans-for instance, business to the referred customer and personal-to the referred clients. The credit card and professional loan were also a part of those services. For the insurance aspect, the services have been made available for a possible sale.
These range from private customers to businesses and professionals like the CAs, CSs.
As of 31 May, 2024 My Mudra Fincorp had an employee strength of 143 workers. Of those, 10 were part of the IT/CRM development team.
My Mudra Fincorp Promoter(s)
Vaibhav Kulshrestha, Nisha Kulshrestha are the company's promoters of My Mudra Fincorp.
My Mudra Fincorp IPO Issue Objectives
- •
- Repayment of a portion of certain borrowing availed by the Company
- •
- Investment in technology development and digital infrastructure
- •
- To meet Working Capital requirements
- •
- General Corporate Purpose
My Mudra Fincorp IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| My Mudra Fincorp Limited | 10.09 | 10.09 | N/A | N/A | 49.74 | N/A | Restated Financial Statement FY 2023-24 |
| Akiko Global Services Limited | 4.21 | 4.21 | N/A | 16.15 | 78.36 | N/A | Standalone (March 31, 2023) |
Notes:
- Akiko Global Services Limited was listed on July 02, 2024. The provided details are from March 31, 2023.
- For My Mudra Fincorp Limited, the issue price of equity shares is taken as the current market price.
- P/E Ratio is based on the current market price of the respective script.
- The EPS and RoNW of My Mudra Fincorp Limited are taken as per the Restated Financial Statement for the Financial Year 2023-24.
- NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as on March 31, 2024 (March 31, 2023 for industry peer).
- RoNW is computed as net profit after tax divided by closing net worth. Net worth has been computed as specified in Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.
Contact Information
Contact Details
My Mudra Fincorp
011-47010500
17A/45, 2nd Floor, w.e.a. Karol Bagh, Central Delhi, New Delhi, Delhi - 110005
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
My Mudra Fincorp IPO is a book-built IPO worth ₹33.26 crore. The price band is ₹104–₹110 per share. The IPO opens on Sep 5, 2024 and closes on Sep 9, 2024. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The price band of My Mudra Fincorp IPO is ₹104 to ₹110 per share.
The lot size of My Mudra Fincorp IPO is 1200 shares.
The minimum investment for My Mudra Fincorp IPO is approximately ₹1,32,000 based on the upper price band .
My Mudra Fincorp IPO opens on Sep 5, 2024 and closes on Sep 9, 2024.
The allotment date of My Mudra Fincorp IPO is Sep 10, 2024.
My Mudra Fincorp IPO is expected to be listed on Sep 12, 2024, on NSE SME Platform.
My Mudra Fincorp IPO valuation snapshot: P/E 15, EPS ₹7.33/-, P/B N/A, RoNW 49.74%, and market cap N/A.
To apply for My Mudra Fincorp 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 My Mudra Fincorp 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 My Mudra Fincorp IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check My Mudra Fincorp IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the My Mudra Fincorp IPO allotment status on IPO Ji for quick and easy access.