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

The IPO of My Mudra Fincorp is priced at ₹104-110 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Skyline Financial Services Private Ltd is the registrar of the issue.

My Mudra Fincorp IPO bid opening date is from Sep 5, 2024 and the bid closing date was Sep 9, 2024.
My Mudra Fincorp IPO allotment result will be available on Sep 10, 2024. The tentative listing date for My Mudra Fincorp is Sep 12, 2024.

The total issue size is 3,024,000 shares(aggregating up to ₹33.26 Cr).

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

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

ROE

66.20%

ROCE

45.98%

RoNW

49.74%

PAT Margin

11.76

My 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%

Company Promoter(s)

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

Company Contact Details

My Mudra Fincorp

17A/45, 2nd Floor, w.e.a. Karol Bagh, Central Delhi, New Delhi, Delhi - 110005

Phone: 011-47010500

Email: info@mymudra.com

Website: https://www.mymudra.com/

Registrar Contact Details

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

Website: https://www.skylinerta.com/ipo.php

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.