Muthoot Microfin Ltd

Muthoot Microfin Ltd IPO

Muthoot Microfin Ltd IPO Price Range is ₹277 - ₹291, with a minimum investment of ₹14,841 for 51 shares per lot.

Minimum Investment

₹14,841

/ 51 shares

IPO Status

Closed

Price Band

₹277 - ₹291

Bidding Dates

Dec 18, 2023 - Dec 20, 2023

Issue Size

₹960.00 Cr

Lot Size

51 shares

Min Investment

₹14,841

Listing Exchange

NSE

Muthoot Microfin Ltd IPO Application Timeline

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Open Date18 Dec 2023
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Close Date20 Dec 2023
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Allotment Date21 Dec 2023
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Listing Date26 Dec 2023

How to Apply for Muthoot Microfin Ltd IPO on INDmoney

  1. Download the INDmoney app and complete your KYC.
  2. Go to INDstocks → IPO, or just search “IPO”.
  3. Tap on Muthoot Microfin Ltd IPO from the list of live IPOs.
  4. View key details like price band, lot size, and dates.
  5. Tap Apply Now and choose your number of lots.
  6. Use INDpay UPI for instant mandate tracking.
  7. Your funds will be blocked until the share allotment is finalized.

About Muthoot Microfin Ltd

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. Its loan products comprise, among others, (i) group loans for livelihood solutions such as income generating loans, Pragathi loans (which are interim loans made to existing customers for working capital and income generating activities) and individual loans; (ii) life betterment solutions including mobile phones loans; (iii) health and hygiene loans such as sanitation improvement loans; and (iv) secured loans in the form of gold loans and our Muthoot Small & Growing Business loans

Frequently Asked Questions of Muthoot Microfin Ltd IPO

What is the size of the Muthoot Microfin Ltd IPO?

The size of the Muthoot Microfin Ltd IPO is ₹960 Cr.

What is the allotment date of the Muthoot Microfin Ltd IPO?

Muthoot Microfin Ltd IPO allotment date is Dec 21, 2023 (tentative).

What are the open and close dates of the Muthoot Microfin Ltd IPO?

The Muthoot Microfin Ltd IPO will open on Dec 18, 2023 and close on Dec 20, 2023

What is the lot size of Muthoot Microfin Ltd IPO?

The lot size for the Muthoot Microfin Ltd IPO is 51.

When will my Muthoot Microfin Ltd IPO order be placed?

Your Muthoot Microfin Ltd IPO order will be placed on Dec 18, 2023

Can we invest in Muthoot Microfin Ltd IPO?

Yes, once Muthoot Microfin Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Muthoot Microfin Ltd IPO?

The potential listing gains on the Muthoot Microfin Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Muthoot Microfin Ltd IPO?

'Pre-apply' for Muthoot Microfin Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.