Muthoot Microfin IPO Date, Price, GMP, Review and Best 3 IPOs to Invest

Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Muthoot Microfin IPO is going to open soon. So I will give you complete information about Muthoot Microfin IPO here on IPO India.

On this article I will inform you about Muthoot Microfin IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.

About Muthoot Microfin

Established in April 1992, Muthoot Microfin Limited is a microfinance institution specializing in providing microloans to women consumers, primarily for income purposes, with a focus on rural areas of India. As of December 31, 2022, the company is the fourth largest NBFC-MFI in India in terms of gross loan portfolio. It is the largest MFI in Kerala in terms of market share and the third largest NBFC-MFI in South India in terms of gross loan portfolio. Additionally, the company is a major player in Tamil Nadu, with a market share of around 16% as of December 31, 2022.

As of March 31, 2023, Muthoot Microfin serves 2.77 million customers through 1,172 branches in 321 districts across 18 Indian states and union territories with the help of 10,227 employees.

Muthoot Microfin IPO GMP

About Muthoot Microfin IPO

Here is some information about Muthoot Microfin IPO which will help you in making a decision to invest in Muthoot Microfin IPO. It appears to be a book-built offer with a total value of Rs ₹1,350.00 crores, including a combination of fresh issue of Rs 950.00 crores and an offer for sale of Rs 400.00 crores.

Summary of the key details

• Issue Size: ₹1,350.00 crores
• Offer for Sale: [_] shares
• Subscription Period: TBA
• Allotment Date: TBA
• Listing Date: TBA

Price Range of Muthoot Microfin IPO

• ₹[_] to ₹[_] per share

Lot Size of Muthoot Microfin IPO

• Minimum Lot: [_] Shares.
• Minimum Investment for Retail Investors: ₹[_]

Minimum Lot Size Investments for Muthoot Microfin IPO

• HNI: [_] lots ([_] shares), amounting to ₹[_].

This information provides potential investors with the details they need to participate in the Muthoot Microfin IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.

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Muthoot Microfin IPO

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Valuations of Muthoot Microfin IPO

Muthoot Microfin Financial Information

Promoter(s)

Company Promotor(s):-

1. Homes John Muthoot
2. Thomas Muthhot
3. Thomas George Muthoot
4. Preethi John Muthoot
5. Remmy Thomas
6. Nina George
7. Muthoot Fincorp Limited

If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.

Key Performance Indicator

Issue Objective(s)

• To undertake our existing business activities
• To undertake the activities proposed to be funded from the Net Proceeds. Further, the Company expects to receive the benefits of listing the Equity shares on the stock Exchanges, including enhancing the brand among existing and potential customers and creating a public market for the Equity Shares in India

Muthoot Microfin IPO Registrar

Muthoot Microfin IPO Review

As an investor evaluating a Muthoot Microfin IPO, several key factors stand out. Founded in 1992, the company has positioned itself as a significant player in the microfinance sector, focusing on providing micro-loans to women customers, particularly in rural areas. With a significant customer base of 2.77 million and a wide presence through 1,172 branches across 18 states and union territories, Muthoot Microfin has demonstrated its market reach.

Examining the financials, the company’s consistent growth is evident, with total assets increasing from ₹ 4,183.85 crore in March 2021 to ₹ 8,529.20 crore in March 2023. Net profit after tax has also seen a positive trend. However, potential investors should carefully consider other financial metrics such as earnings per share (EPS) of ₹11.98 and return on equity (ROE) of 11.06%.

The IPO details show a total issue size of ₹1,350.00 crore, which includes a fresh issue of ₹950.00 crore and an offer for sale of ₹400.00 crore. The subscription period, allotment date, and listing date are yet to be announced, emphasizing the need for investors to stay informed.

Promoters including Holmes John Muthoot and Muthoot Fincorp Ltd have a substantial pre-issue shareholding of 85.35%. The objectives of the issue include funding existing business activities and availing the benefits of listing on the stock exchange.

Conclusion

In conclusion, given the company’s strong presence in the microfinance sector and its consistent growth over the years, the Muthoot Microfin IPO appears to be an interesting investment opportunity. However, as with any investment, it is imperative that potential investors do thorough research, evaluate financial parameters, and consider market dynamics.

The IPO market is inherently unpredictable, and past performance is not always indicative of future results. As an investor, it is important to weigh the risks associated with an investment and align it with personal financial goals and risk tolerance.

For those planning to participate in the Muthut Microfin IPO, it is important to stay updated with the latest developments including subscription details, allotment dates, and market sentiments. Seeking advice from financial professionals can also provide valuable insights tailored to individual investment strategies.

Remember, successful investing requires a well-informed and thoughtful approach. As the IPO journey unfolds, your investment decisions should be guided by prudence and due diligence. Happy investing!

Muthoot Microfin IPO FAQs