My Mudra Fincorp Limited IPO
NSE SMEListed On: Sep 12, 2024 at ₹ 130.0
₹ 132000 /1200 Shares
Check Allotment05 Sep, 2024
Open Date09 Sep, 2024
Close Date10 Sep, 2024
Allotment Date12 Sep, 2024
Listing DateIssue Price
₹104-110 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdList Price
130.0Listing Date
2024-09-12Market Lot
1200 Shares (₹132,000/-)Lead Manager
Hem Securities LimitedIssue Size
3,024,000 shares(aggregating up to ₹33.26 Cr)Retail Portion
35%Subscription
102.55 timesMy Mudra Fincorp IPO Details
My Mudra Fincorp Limited IPO is an SME IPO, priced at ₹104-110 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 30,24,000 equity shares, aggregating up to ₹33.26 crores..
The IPO bidding window is open from Sep 5, 2024 to Sep 9, 2024. The allotment is expected to be finalized on Sep 10, 2024, and the tentative listing date is Sep 12, 2024.
The minimum lot size for retail investors is 1200 shares, with a minimum investment of ₹1,32,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,64,000.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Hem Finlease Private Limited will act as the market maker for this issue.
My Mudra Fincorp IPO Subscription Details
| 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
EPS Pre IPO
₹9.98/-EPS Post IPO
₹7.33/-P/E Pre IPO
11.02P/E Post IPO
15ROE
66.20%ROCE
45.98%RoNW
49.74%PAT Margin
11.76My Mudra Fincorp Company Financials All values are in ₹ Lakh
| 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 |
About The Company
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)
Pre Issue Share Holding: 78.74%
Post Issue Share Holding: 57.84%
- Vaibhav Kulshrestha
- Nisha Kulshrestha
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
Other Details
My Mudra Fincorp
17A/45, 2nd Floor, w.e.a. Karol Bagh, Central Delhi, New Delhi, Delhi - 110005Skyline Financial Services Private Ltd
My Mudra Fincorp IPO - FAQs
Ans. My Mudra Fincorp Limited IPO is a SME IPO. The issue is priced at ₹104-110 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 5, 2024, and closes on Sep 9, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The My Mudra Fincorp Limited IPO opens on Sep 5, 2024 and closes on Sep 9, 2024.
Ans. The size of My Mudra Fincorp Limited IPO is 3,024,000 shares(aggregating up to ₹33.26 Cr).
Ans. The IPO price band is set between ₹104-110 per equity share.
Ans. To apply for My Mudra Fincorp Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find My Mudra Fincorp Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of My Mudra Fincorp Limited IPO is Sep 10, 2024.
Ans. The My Mudra Fincorp Limited IPO will be listed on Sep 12, 2024.
Ans. Follow the steps to check the allotment status for My Mudra Fincorp Limited IPO here.
