Muthoot Microfin Limited

Company Profile
Company Name Muthoot Microfin Limited
Open Date 18-12-2023
Close Date 20-12-2023
Exchange BSE, NSE
Lot Size 51 Shares
Issue Price ₹277 to ₹291 per share
Issue Size 3,29,89,690 Equity Shares
Application Amount Min. Inv. - ₹ 14,841 (51 shares) Max. Inv. – ₹ 1,92,933 (663 shares)
Recommendation Apply

Muthoot Microfin Limited was incorporated in the year 1992 and has its registered office in Mumbai, Maharashtra, India. The company is a microfinance institution providing micro-loans to women customers (primarily for income generation purposes) with a focus on rural regions of India. The company is a part of the Muthoot Pappachan Group. The company is the fifth largest NBFC-MFI in India in terms of gross loan portfolio as of March 31, 2023.The company is also the third largest amongst NBFCMFIs in South India in terms of gross loan portfolio, the largest in Kerala in terms of MFI market share, and a key player in Tamil Nadu with an almost 16% market share, as of March 31, 2023. As of 30th September 2023, the Company had 12,297 full-time employees on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 4,183.85 5,591.46 8,529.20 10,031.3
Net Assets 889.89 1,336.58 1,625.85 1,842.10
Total Borrowings 3,015.66 3,996.61 6,493.18 7,746.11
Total Revenue 696.28 842.94 1,446.34 1,047.24
Profit After Tax 7.05 47.40 163.89 205.26

Tentative Timeline

Opening Date 18/12/2023
Closing Date 20-12-2023
Basis of Allotment 21-12-2023
Initiation of Refunds 22-12-2023
Credit of Shares to Demat 22-12-2023
Listing Date 26-12-2023

Objects of the Issue

To undertake the existing business activities
To undertake the activities proposed to be funded
To receive the benefits of listing the Equity Shares on Stock Exchange

Contact Information

Registered Office Muthoot Microfin Limited - 13th Floor, Parinee Crescenzo, Bandra Kurla Complex Bandra East, Mumbai 400 051,
Phone +91 48 4427 7500

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 69.08%
Share Holding Post Issue (Promoters) 55.47%

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