Muthoot Microfin Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹277 - ₹291
- Lot size
- 51 shares
- Issue amount
- ₹960 cr
- Total subscription
- 12.1×
- Opens
- 18 Dec 2023
- Closes
- 20 Dec 2023
- Allotment
- 21 Dec 2023
- Listing
- 26 Dec 2023
Offer at a glance
Issue overview
- Issue size
- 3,29,89,690 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹14,127
- Fresh issue
- ₹760 cr
- Offer for sale
- ₹200 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,841
- Issue type
- Book Built Issue IPO
- Shares before issue
- 11,68,37,249
- Shares after issue
- 15,60,88,609
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 51 | ₹14,841 |
| sHNI | 14 | 714 | ₹2,07,774 |
| bHNI | 68 | 3,468 | ₹10,09,188 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 190 | 3,486.56 |
| RETAIL | 332.5 | 2,658.94 |
| NIB | 142.5 | 1,976.23 |
| HNIs 2+ | 47.5 | 745.07 |
| HNIs 10+ | 95 | 1,231.16 |
| EMPLOYEES | 10.53 | 54.78 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 11.98 |
| ROE | 11.06 |
| ROCE | 0 |
| RONW | 10.08 |
| PRE IPO(PE) | 24.96 |
| POST IPO(PE) | 25.38 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in April 1992, Muthoot Microfin Limited is a microfinance institution that provides small loans mainly to women in rural areas to support income generating activities. As of December 31, 2022, it is the fourth largest NBFC-MFI in India by gross loan portfolio, the largest in Kerala and the third largest in South India. The company also has a strong presence in Tamil Nadu with around 16% market share. As of March 31, 2023, Muthoot Microfin serves 2.77 million customers through 1,172 branches in 321 districts across 18 states and union territories, supported by a workforce of 10,227 employees.
Strengths
- Pan-India Presence & Market Leadership
- Strong Focus on Rural Communities with Social Impact
- High Brand Recall backed by Muthoot Pappachan Group
- Robust Risk Management ensures healthy portfolio quality
- Tech-Driven Efficient Operating Model for streamlined processes
Promoters
homas John Muthoot
Thomas Muthoot
Thomas George Muthoot
Preethi John Muthoot
Remmy Thomas
Nina George
Muthoot Fincorp Limited
Registrar & documents
Lead manager
ICICI Securities Limited, Axis Capital Limited, Jm Financial Limited, SBI Capital Markets Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
13th Floor, Parinee Crescenzo, Bandra Kurla Complex Bandra East, Mumbai 400 051,
+91 48 4427 7500
[email protected]Company website ↗Understanding MUTHOOTMF IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.