Muthoot Microfin – Are you looking for Muthoot Microfin IPO GMP / Grey Market Premium and Kostak rate? You are at the right place, here you will get the latest Muthoot Microfin IPO GMP live.
The public issue of Muthoot Microfin will open on December 18, 2023 and remain open until December 20, 2023 for bidding. It has set the price band at approximately approximately ₹277 to ₹291 per equity share and expects to raise ₹960.00 crore.
Ahead of Muthoot Microfin opening date, grey market indicators are pointing to positive developments.
Muthoot Microfin IPO GMP
Muthoot Microfin Grey Market Premium (GMP) is currently at ₹27 , indicating the demand for the company's shares in the unofficial market.
Muthoot Microfin IPO price band
The price band for Muthoot Microfin initial public offering (IPO) has been set at ₹277 to ₹291 per equity share, offering potential investors a range within which they can place their bids.
Muthoot Microfin IPO date
Starting from December 18, 2023, the IPO will be open for bidders to participate, and it will remain open until December 20, 2023, providing a limited window for interested parties to take part in the offering.
Muthoot Microfin IPO size
With an ambitious goal of raising ₹960.00 Crores, Muthoot Microfin is poised to make a significant impact in the financial markets through its IPO.
Muthoot Microfin IPO lot size
Investors can apply for the IPO in lots, with each lot comprising 51 shares, allowing them to tailor their investment based on their financial capacity and strategic objectives.
Muthoot Microfin IPO application limit
The application limit for the IPO is set at a minimum of 1 lot for bidders, while retail investors have the opportunity to apply for up to 1 lots, offering flexibility in participation.
Muthoot Microfin IPO allotment date
The tentative schedule for the allotment of Muthoot Microfin IPO shares is December 21, 2023, providing a timeline for successful bidders to receive their allocated shares.
Muthoot Microfin IPO listing
Muthoot Microfin aims to list its shares on December 26, 2023, subject to market conditions, with plans to list on both the BSE and NSE, signaling a significant milestone for the company.
Muthoot Microfin IPO registrar
Kfin Technologies Limited has been entrusted with the crucial role of serving as the registrar for Muthoot Microfin, ensuring a smooth and efficient process for all stakeholders involved.
Investors and market analysts are closely monitoring the developments surrounding Muthoot Microfin IPO, as it presents an opportunity to gauge the market's response to the company's offering. The subscription data and final oversubscription figures will provide valuable insights into the demand for Muthoot Microfin‘s shares and the overall investor sentiment.
Muthoot Microfin IPO is generating considerable interest due to the company's strong presence in the engineering and design services sector, as well as its diverse client base spanning various industries. Additionally, the IPO's performance will be indicative of investor confidence in the broader economic outlook and the attractiveness of the Indian capital markets.
As the IPO progresses through its various stages, prospective investors will closely analyze factors such as the company's financial performance, growth prospects, and competitive positioning to make informed decisions about participating in the offering. This heightened interest is expected to contribute to robust trading activity following the listing of Muthoot Microfin shares.
The successful execution of Muthoot Microfin IPO is anticipated to further bolster the company's financial position and provide funds for strategic initiatives, expansion plans, and potential acquisitions. Moreover, it will offer an opportunity for retail investors, institutional investors, and other market participants to gain exposure to a prominent player in the engineering and design services sector.
Overall, Muthoot Microfin IPO is poised to make a significant impact on the Indian markets, and its outcome will be closely observed as a barometer of investor confidence and market dynamics.