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My Mudra Fincorp Limited IPO

My Mudra Fincorp Limited IPO

COMPANY INFORMATION

My Mudra Fincorp IPO is a book built issue of Rs 33.26 crores. The issue is entirely a fresh issue of 30.24 lakh shares. My Mudra Fincorp IPO opens for subscription on September 5, 2024 and closes on September 9, 2024. The allotment for the My Mudra Fincorp IPO is expected to be finalized on Tuesday, September 10, 2024. My Mudra Fincorp IPO will list on NSE SME with tentative listing date fixed as Thursday, September 12, 2024. My Mudra Fincorp IPO price band is set at ₹104 to ₹110 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹264,000. Hem Securities Limited is the book running lead manager of the My Mudra Fincorp IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for My Mudra Fincorp IPO is Hem Finlease. Refer to My Mudra Fincorp IPO RHP for detailed information.

My Mudra Fincorp Limited was incorporated in 2013 and acts as a Channel Partner (DSA) for major banks and NBFCs in India.

The company specializes in the distribution and sale of a wide range of financial products. As a channel partner, the company offers secured loans such as home and property loans, unsecured loans such as business and personal loans, professional loans as well as credit cards to the referred customers. The company has also expanded its services to include the sale of insurance products.

The company's customers include private individuals, businesses and professionals such as chartered accountants (CAs) and company secretaries (CSs).

As of May 31, 2024, My Mudra Fincorp had 143 employees, including 10 employees from the IT and CRM development team.

FAQs About IPO Dashboard

My Mudra Fincorp Limited IPO will open on 05 Sep, 2024 and close on 09 Sep, 2024. Investors must apply within this period to participate.

The My Mudra Fincorp Limited IPO price band is set between ₹104.00 and ₹110.00 per share. The minimum lot size is 1200, requiring an investment of at least ₹132000.00.

The My Mudra Fincorp Limited IPO shares are expected to be listed on 12 Sep, 2024, subject to regulatory approvals and final allotment.

You can track your My Mudra Fincorp Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID

The My Mudra Fincorp Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.