Muthoot Microfin Limited IPO
Muthoot Microfin Limited was a mainboard IPO, offered at ₹277–₹291 per share to raise ₹960 crore. The issue was subscribed 11.52× overall (QIBs 17.47×, NIIs 13.2×, retail 7.61×). It listed on 26 Dec 2023 at ₹275 and closed its first day at ₹266, a listing loss of -8.5% versus the ₹291 issue price. It now trades around ₹135 (-53.6% versus the issue price).
Frequently asked questions
- How many times was the Muthoot Microfin Limited IPO subscribed?
- The Muthoot Microfin Limited IPO was subscribed 11.52× overall — 17.47× in the QIB category, 13.2× among non-institutional investors, 7.61× in retail.
- What were the Muthoot Microfin Limited IPO listing gains?
- Muthoot Microfin Limited listed on 26 Dec 2023 at ₹275, closing its first day at ₹266 — a listing loss of -8.5% versus the ₹291 issue price.
- What were the retail allotment odds for the Muthoot Microfin Limited IPO?
- Retail was subscribed 7.61×, so a single-lot application had roughly a 13.1% chance of allotment (about 1 in 8), and allotment was finalised on 22 Dec 2023.
- What was the price band and lot size of the Muthoot Microfin Limited IPO?
- The price band was ₹277–₹291 per share.