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Muthoot Microfin Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

960.00 cr

Price Range (₹)

291

Lot Size

51

Min Investment (₹)

14,841.00

Listing Exchange

MumbaiNSE

Open Date

18-Dec-2023

Close Date

20-Dec-2023

Listing Date

26-Dec-2023

Latest IPO News

    The Shares of Muthoot Microfin Ltd have now been listed.

    Muthoot Microfin Ltd IPO Details

    Initial public offer of 33,007,054* equity shares of face value of Rs. 10 each (Equity Shares) of Muthoot Microfin Limited (Company) for cash at a price of Rs. 291^ per equity share (including a share premium of Rs. 281 per equity share) (Offer Price) aggregating to Rs. 960.00 crores* comprising a fresh issue of 26,134,205* equity shares of face value of Rs. 10 each aggregating to Rs. 760.00 crores* by the company (Fresh Issue) and an offer for sale of 6,872,849* equity shares of face value of Rs. 10 each aggregating to Rs. 200.00 crores* (Offered Shares) by the selling shareholders, consisting 562,302* equity shares of face value of Rs. 10 each aggregating to Rs. 16.36 crores* by Thomas John Muthoot, 563,024* equity shares of face value of Rs. 10 each aggregating to Rs. 16.38 crores* by Thomas Muthoot, 562,233* equity shares of face value of Rs. 10 each aggregating to Rs. 16.36 crores* by Thomas George Muthoot, 1,159,415* equity shares of face value of Rs. 10 each aggregating to Rs. 33.74 crores* by Preethi John Muthoot, 1,147,319* equity shares of face value of Rs. 10 each aggregating to Rs. 33.39 crores* by Remmy Thomas and 1,160,343* equity shares of face value of Rs. 10 each aggregating to Rs. 33.77 crores* by Nina George (collectively, the Promoter Selling Shareholders) and 1,718,213* equity shares of face value of Rs. 10 each aggregating to Rs. 50.00 crores* by Greater Pacific Capital wiv Ltd (the Investor Selling Shareholder and collectively with the promoter selling shareholders referred to as the Selling Shareholders) and such equity shares offered by the selling shareholders (Offer for Sale, and together with the fresh issue, the Offer)The offer included a reservation of 361,010* equity shares of face value of Rs. 10 each, aggregating to Rs. 10.00^^ crores (constituting 0.21% of the post-offer paid-up equity share capital), for subscription by eligible employees (Employee Reservation Portion). The company, acting through its ipo committee in consultation with the brlms, in accordance with the sebi icdr regulations, has offered a discount of 4.81% of the offer price (equivalent of Rs. 14 per equity share) to eligible employees bidding in the employee reservation portion (Employee Discount). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer constitute 19.36% and 19.15%, respectively, of the post-offer paid-up equity share capital of the company.The face value of equity shares is Rs. 10 each. The offer price is 29.10 times the face value of the equity shares.^A discount of Rs. 14 per equity share was offered to eligible employees bidding in the employee reservation portion*Subject to finalisation of the basis of allotment^^After employee discount

    Objective of issue

    Listing of the shares on the stock exchanges.

    Muthoot Microfin Ltd Contact Details

    Muthoot Microfin Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - info@muthootmicrofin.com

    Website - www.muthootmicrofin.com