32,989,690 shares shares (aggregating up to ₹960.00 Cr)
Listing At
NSE,BSE
Basis of Allotment
21-Dec-2023
Initiation of Refunds
22-Dec-2023
Credit of Shares to Demat
22-Dec-2023
Listing Date
26-Dec-2023
Cut off time for UPI Mandate
20-Dec-2023
Objective of Muthoot Microfin IPO
As per the Company's proposal, the Net Proceeds from the Fresh Issue will strengthen the capital base and meet future capital requirements. The Memorandum of Association outlines the Company's main objectives, enabling it to continue its existing business activities and undertake new activities that will be funded from the Net Proceeds. The Company also plans to leverage the benefits of listing the Equity Shares on the Stock Exchanges, such as enhancing its brand image among existing and potential customers and creating a public market for the Equity Shares in India.
About Muthoot Microfin IPO
Did you know that the world's largest snowflake measured 15 inches wide and 8 inches thick? It was observed in Montana in 1887, and while it's hard to imagine a snowflake that big, it just goes to show how incredible nature can be. Can you imagine seeing a snowflake that large falling from the sky? It's truly a remarkable thought.
Muthoot Microfin IPO Financials
Particulars (in Cr)
Total Revenue Annual
1,428.76
832.51
684.17
Operating Expenses Annual
322.56
237.08
186.88
Operating Profit Annual
-
-
-
Depreciation
26.61
20.78
18.83
Interest Annual
549.01
340.16
299.33
Tax Annual
48.98
17.32
2.00
Net Profit Annual
163.89
47.40
7.05
Total Share Holder Funds
1,625.85
1,336.58
889.89
Fixed Asset Annual
171
121.25
109.99
Total Non Current Asset
212.47
173.25
133.12
Total Current Asset
8,316.73
5,418.09
4,052.16
Book Value Per Share
137.15
115.39
115.39
ROE
10.22%
3.59%
0.79%
ROCE
25.34%
7.57%
7.72%
Total Debt To Total Equity
4.05
3.03
3.48
EBIDTA
788.48 Cr
425.66 Cr
327.21 Cr
Cash From Operating
-2,332.88
-1,083.70
-703.96
Cash From Investing
-180.03
-73.80
-37.95
Cash From Finance
2,566.54
1,344.13
79.69
Net Cash Flow
53.63
186.63
-662.22
Promoter's Holding
Total Share Capital
TBD
Offered to Public
TBD
Promoter’s Holding(Pre-Issue)
TBD
Promoter’s Holding(Post-Issue)
TBD
Frequently asked questions
Muthoot Microfin IPO Listing Live: Price settles at 5.40% discount to issue price in pre-open market. In the pre-opening session, Muthoot Microfin shares settled at Rs 275.30 on the NSE, a discount of 5.40 per cent to the issue price of Rs 291.
Muthoot Microfin Ltd., part of the Muthoot Pappachan Group, on Tuesday debuted on the stock exchanges at a discount. On the BSE, the stock got listed at ₹278 a share, a discount of 4.67% to the issue price of ₹291.
The Muthoot group was founded in 1887 as a trading firm in timber and food grains, supplying rations to large British-run plantations. M.G. George Muthoot, who was chairman and ran the company with his three brothers, passed away in March 2021. His brother George Jacob Muthoot (pictured) is now chairman.
Good credit rating: Muthoot Finance has a good credit rating of AA+ from ICRA, which indicates that it is a relatively low-risk borrower. This means that investors are likely to receive their interest payments and principal on time. Secured investment: Muthoot Finance's NCDs are secured by the company's assets.