My Mudra Fincorp IPO Details
| IPO Open Date: | September 5, 2024 |
| IPO Close Date: | September 9, 2024 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹104 to ā¹110 Per Share |
| Issue Size: | Approx ā¹33.26 Crores |
| Fresh Issue: | Approx ā¹33.26 Crores |
| Offer for Sale: | NA |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
My Mudra Fincorp IPO Market Lot
The My Mudra Fincorp IPO minimum market lot is 1200 shares with ā¹132,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ā¹132,000 |
| Retail Maximum | 1 | 1200 | ā¹132,000 |
| HNI Minimum | 2 | 2400 | ā¹264,000 |
My Mudra Fincorp IPO Dates
The My Mudra Fincorp IPO date is September 5 and the close date is September 9. The My Mudra Fincorp IPO allotment will be finalized on September 10 and the IPO listing on September 12.
| IPO Open Date: | September 5, 2024 |
| IPO Close Date: | September 9, 2024 |
| Basis of Allotment: | September 10, 2024 |
| Refunds: | September 11, 2024 |
| Credit to Demat Account: | September 11, 2024 |
| IPO Listing Date: | September 12, 2024 |
Promoters of My Mudra Fincorp
The promoters of the company are Vaibhav Kulshrestha And Nisha Kulshrestha.
About My Mudra Fincorp
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.
My Mudra Fincorp Company Financial Report
The company reported revenue of ā¹71.14 crores in 2024 against ā¹53.56 crores in 2023. The company reported a profit of ā¹8.36 crores in 2024 against a loss of ā¹3.47 crores in 2023.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹28.46 | ā¹27.76 | ā¹0.47 | ā¹9.40 |
| 2023 | ā¹53.56 | ā¹48.70 | ā¹3.47 | ā¹14.85 |
| 2024 | ā¹71.14 | ā¹59.95 | ā¹8.36 | ā¹30.28 |
My Mudra Fincorp IPO Valuation – FY2024
Check My Mudra Fincorp IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 66.20% |
| ROCE: | 45.98% |
| EBITDA Margin: | 17.82% |
| PAT Margin: | 11.76% |
| Debt to equity ratio: | 0.57 |
| Earning Per Share (EPS): | ā¹10.09 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 49.74% |
| Net Asset Value (NAV): | ā¹20.29 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| My Mudra Fincorp | 10.09 | NA | 49.74 | 20.29 | 71.07 Cr. |
| Akiko Global Services Limited | 4.21 | 16.15 | 78.36 | 16.10 | 39.58 Cr. |
Objects of the Issue
- Repayment of a portion of certain borrowing availed by the Company
- Investment in technology development and digital infrastructure
- To meet Working Capital requirements
- General Corporate Purpose
My Mudra Fincorp IPO Review
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My Mudra Fincorp IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
E-mail: [email protected]
Website: https://www.skylinerta.com/ipo.php
IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
My Mudra Fincorp Limited
17A/45, 2nd Floor,
w.e.a. Karol Bagh, Central Delhi,
New Delhi, Delhi – 110005
Phone: 011-47010500
Email: [email protected]
Website: https://www.mymudra.com/
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Note: The My Mudra Fincorp IPO price band and date are officially announced. The (My Mudra Fincorp IPO grey market premium) will be added to the IPO GMP page as it will start).
