The My Mudra Fincorp IPO minimum market lot is 1200 shares with ₹132,000 application amount. The My Mudra Fincorp IPO is a SME IPO, and it is to be listed on NSE.
In India, My Mudra Fincorp acts as a Channel Partner (DSA) for leading banks and non-banking financial corporations (NBFCs). The firm provides unsecured loans, secured loans, professional loans, credit cards, plus insurance products as well. It is also involved in the distribution and sale of numerous financial products. It gives customers the ability to research and compare a wide range of lending and insurance products which enhances choice and transparency. Through several business segments such as loan-related activities, credit card-related activities and insurance activities, the company generates revenue by way of commissions. They have their presence in eight states throughout India with nine branches alone; also it boasts over 140 franchise/channel partners and Sub DSAs.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
My Mudra Fincorp IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 7.00 | 8.58 | 48.83 |
| NII | 3.49 | 11.29 | 159.37 |
| RII | 5.49 | 17.46 | 108.77 |
| Total | 5.49 | 13.60 | 102.48 |
My Mudra Fincorp IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
My Mudra Fincorp IPO Review
- May Apply
My Mudra Fincorp IPO Form
How to apply for the My Mudra Fincorp IPO? You can apply for My Mudra Fincorp IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the My Mudra Fincorp IPO in the Invest section. The other option is you can apply for My Mudra Fincorp IPO via IPO forms downloaded online. Check out the My Mudra Fincorp forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
