IPO

My Mudra Fincorp Limited IPO

NSE SME

Listed On: Sep 12, 2024 at ₹ 130.0

₹ 132000 /1200 Shares

Check Allotment

My Mudra Fincorp IPO Details

05 Sep, 2024

Open Date

09 Sep, 2024

Close Date

10 Sep, 2024

Allotment Date

12 Sep, 2024

Listing Date

Issue Price

₹104-110 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

130.0

Listing Date

2024-09-12

Market Lot

1200 Shares (₹132,000/-)

Lead Manager

Hem Securities Limited

Issue Size

3,024,000 shares(aggregating up to ₹33.26 Cr)

Retail Portion

35%

Subscription

102.55 times

IPO Docs

DRHP RHP

My Mudra Fincorp IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved574,800 / 430,8001,005,6002,011,200
Day 1 - 05-09-24 06:00 PM7.00 / 3.60 x6.04 x5.79 x
Day 2 - 06-09-24 06:00 PM8.58 / 11.30 x17.55 x13.65 x
Day 3 - 09-09-24 06:00 PM48.83 / 159.72 x108.77 x102.55 x
Total No. of Applications: 91,147 (Approx)

My Mudra Fincorp Valuations

EPS Pre IPO

₹9.98/-

EPS Post IPO

₹7.33/-

P/E Pre IPO

11.02

P/E Post IPO

15

RoNW

49.74%

My Mudra Fincorp Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets3,027.821,485.01939.6
Revenue7,114.365,355.82,846.18
Profit After Tax835.52346.7546.86

About The Company

My Mudra Fincorp Limited was incorporated in 2013 and acts as a Channel Partner (DSA) for major banks and NBFCs in India.

The company specializes in the distribution and sale of a wide range of financial products. As a channel partner, the company offers secured loans such as home and property loans, unsecured loans such as business and personal loans, professional loans as well as credit cards to the referred customers. The company has also expanded its services to include the sale of insurance products.

The company's customers include private individuals, businesses and professionals such as chartered accountants (CAs) and company secretaries (CSs).

As of May 31, 2024, My Mudra Fincorp had 143 employees, including 10 employees from the IT and CRM development team.

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My Mudra Fincorp - Promoter(s)

Pre Issue Share Holding: 78.74%

Post Issue Share Holding: 57.84%

Company Promoter(s)

  1. Vaibhav Kulshrestha
  2. Nisha Kulshrestha

My Mudra Fincorp IPO - Issue Objectives

  1. Repayment of a portion of certain borrowing availed by the Company
  2. Investment in technology development and digital infrastructure
  3. To meet Working Capital requirements
  4. General Corporate Purpose

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.