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Muthoot Microfin Limited IPO

Muthoot Microfin Limited IPO was engaged in Muthoot Pappachan Group a big company involved in various businesses like finance, automotive, hospitality, real estate, IT infrastructure, precious metals, and alternative energy. They have been around for more than 50 years in the financial services industry. They offer a variety of loans that are designed to meet the different needs of families in rural areas throughout their lives. Their focus is on providing loans to women in rural areas for activities that generate income. Their loan options include group loans for livelihood solutions, like loans for making money and Pragathi loans (temporary loans for existing customers to support their business activities and working capital), as well as individual loans.

Company Promoters:

·  Thomas John Muthoot
·  Thomas Muthoot
·  Thomas George Muthoot
·  Preethi John Muthoot
·  Remmy Thomas
·  Nina George
·  Muthoot Fincorp Limited

Objects of this Issue:

·  To undertake their existing business activities.
·  To undertake the activities proposed to be funded from the Net Proceeds.

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2023	As on 31 Mar 2022	As on 31 Mar 2021
Total Assets	85,291.99	55,914.58	41,838.48
Total Liabilities	69,033.5	42,548.79	32,939.58
Net Profit	1,638.89	473.98	70.54

Muthoot Microfin Limited IPO Schedule

1.     Bid or Offer Opens on: 18 December 2023
2.     Bid or Offer Closes on: 20 December 2023
3.     Finalization of BoA: 21 December 2023
4.     Initiation of Refunds: 22 December 2023
5.     Credit of share to Demat account: 22 December 2023
6.     Listing Date: 26 December 2023

Muthoot Microfin Limited IPO Lot Size

Market lot size of the MUTHOOT MICROFIN LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Company Contact Details:

Muthoot Microfin Limited IPO

13th Floor, Parinee

Crescenzo, Bandra

Kurla Complex,

Bandra East, Mumbai

400 051, Maharashtra,

India

Phone:  +91 48 4427 7500

Email: info@muthootmicrofin.com  

Website: www.muthootmicrofin.com

Muthoot Microfin Limited IPO Registrar Details:

KFin Technologies Limited

Selenium, Tower-B, Plot 31 & 32, Financial District

Nanakramguda, Serilingampally, Hyderabad

Rangareddy 500 032, Telangana, India

Phone: +91 40 6716 2222
Email:   inox.ipo@kfintech.com

Website:  www.kfintech.com