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Muthoot Microfin Limited IPO Review & Recommendations

 

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Muthoot Microfin Limited IPO

December 18, 2023 - December 20, 2023 Closed

Muthoot Microfin Limited IPO Review

Muthoot Microfin Limited IPO was engaged in They've strategically expanded their branch network to focus on rural areas with untapped growth opportunities, ensuring convenient access for their customers. Their branches, situated in easily reachable commercial spaces, are seamlessly connected to Their IT networks. Muthoot Pappachan Group is a big family involved in various areas like finance, cars, hotels, property, tech, precious metals, and green energy. The Muthoot Pappachan Group has been in the finance game for more than 50 years. Among all the companies in the group, they are the second biggest based on the Assets Under Management (AUM) for the Financial Year 2023.

Their Strengths are Market leadership with a pan-India presence, Rural focused operations, with a commitment towards health and social care of their customers, Brand recall and synergies with the Muthoot Pappachan Group, Robust risk management framework leading to healthy portfolio quality, Streamlined operating model with effective use of technology.

Muthoot Microfin Limited Products and Services

They offer a variety of loans designed to meet the needs of rural households throughout their life stages. Their focus is on providing loans to women in rural areas for income-generating purposes. muthoot fincorp limited ipo loan options include group loans for livelihood, individual loans, and special loans for things like mobile phones, solar lighting, household appliances, and improving sanitation. They also offer secured loans in the form of gold loans and support small and growing businesses through Their Muthoot Small & Growing Business initiative.

muthoot finance limited ipo key factor is giving top-notch customer service, making their operations run smoothly, and giving them an edge over the competition. To get better at deciding who they can lend to, they teamed up with Equifax to create a special credit scorecard. This card helps them figure out how creditworthy each customer is by giving them individual credit scores. Their Strategies are to Expand Their geographical footprint and sourcing platform across India, Continue to Enhance Information Technology with a Focus on Customer Service, Leverage Their existing branch network to expand Their customer base and gross loan portfolio and diversify Their Sources of Funds.

Financial Overview

 

muthoot microfinance ipo in the business of providing small loans, especially focusing on rural areas and supporting Joint Liability Groups. Their performance has been consistently growing, and they've managed to keep bad loans in check. Looking at the earnings for the year ending in 2024, it seems like Their stock is reasonably priced. If you're thinking of investing, it could be a good idea for medium to long-term gains.

 

Frequently Asked Question

Market lot size of the Muthoot Microfin Limited IPO is 51 shares.
muthoot microfin ipo will get listed on December 26, 2023.
Post-issue shareholdings of Muthoot Microfin Limited IPO promoters are 55.47%.
Yes, Muthoot Microfin Limited IPO Broker has a user-friendly mobile app, allowing you to manage your finances and execute transactions conveniently on the go. The app is available for download on both iOS and Android platforms.
Muthoot Microfin Limited IPO shares will get listed at NSE, BSE.
Muthoot Microfin Limited IPO is going to open on 18 December 2023.
Muthoot Microfin Limited IPO Broker is a financial platform that facilitates seamless transactions and currency exchanges. It's designed to provide users with a secure and efficient way to manage their money across different currencies.
Pre-issue shareholdings of Muthoot Microfin Limited IPO promoters are 69.08%
Muthoot Microfin Limited IPO will be closed on 20 December 2023.
Face value of equity shares of muthoot fincorp limited ipo is ₹10.
Muthoot Microfin Limited IPO supports a wide range of currencies, allowing users to trade and exchange among major global currencies. The platform is continually expanding its currency offerings to meet user demands.
You will receive the allotted shares in your Demat account on December 21, 2023.
The meaning of "Muthoot Microfin Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Muthoot Microfin Limited IPO on the current day.
You can apply for an IPO from any place via the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stockbroker. You can invest in Muthoot Microfin Limited IPO by using any one of these methods at your convenience.
If you do not get the allotment of Muthoot Microfin Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Kfin Technologies Limited the registrar of Muthoot Microfin Limited IPO.
Price of 1 share of Muthoot Microfin Limited IPO is ₹277 to ₹291.
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