My Mudra Fincorp Limited IPO (My Mudra Fincorp IPO)

My Mudra Fincorp Limited IPO
Upcoming My Mudra Fincorp IPO | New My Mudra Fincorp IPO

My Mudra Fincorp Limited acts as a Channel Partner (DSA) for major banks and NBFCs in India.

The company specializes in the distribution and sale of a wide range of financial products. As a channel partner, the company offers secured loans such as home and property loans, unsecured loans such as business and personal loans, professional loans as well as credit cards to the referred customers. The company has also expanded its services to include the sale of insurance products.

The company’s customers include private individuals, businesses and professionals such as chartered accountants (CAs) and company secretaries (CSs).

As of May 31, 2024, My Mudra Fincorp had 143 employees, including 10 employees from the IT and CRM development team.

My Mudra Fincorp IPO

My Mudra Fincorp IPO – Details

IPO Opening Date05 September 2024
IPO Closing Date09 September 2024
Issue TypeBook Built Issue IPO
Issue SizeTotal Issue Size: 30,24,000 Shares Worth ₹33.26 Crore
Fresh Issue: 30,24,000 Shares Worth ₹33.26 Crore
Face Value₹10 per equity share
IPO Price₹104 – ₹110
Market Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterSkyline Financial Services Private Ltd
QIB Shares Offered50%
Retail Shares Offered35%
NII (HNI) Shares Offered15%

My Mudra Fincorp IPO – Date Schedule

IPO Open Date05 September 2024
IPO Close Date09 September 2024
Basis of Allotment10 September 2024
Initiation of Refund11 September 2024
Credit of Shares to Demat Account11 September 2024
IPO Listing Date12 September 2024
Cut-off time for UPI mandate confirmation5 PM on September 09, 2024

My Mudra Fincorp IPO – Lots Size & Price

ApplicationLotsSharesAmount
Retail (Min)11200₹1,32,000
Retail (Max)11200₹1,32,000
HNI (Min)22400₹2,64,000

Competitive Strengths

  • Strong portfolio and diverse range of Loan products across consumer preferences.
  • Diversified revenue from multiple locations and geographies of India.
  • Capital efficient model with low operating costs.
  • Strategic Partnerships with Banks and NBFCs.
  • Experienced Leadership and Management.

Company Promoters

  • Vaibhav Kulshrestha
  • Nisha Kulshrestha

Company Financials

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202128.4627.760.463.41
31 March 202253.5548.703.463.71
31 March 202371.1459.948.359.64
Amount in ₹ Crore

Key Performance Indicator

KPIValues
ROE66.20%
ROCE45.98%
RoNW49.74%
PAT Margin (%)11.76
Pre IPOPost IPO
EPS (Rs)9.987.33
P/E (x)11.0215.00

Object 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
Object of the Issues

My Mudra Fincorp IPO Promoter Holding

Pre Issue Share Holding78.74%
Post Issue Share Holding57.84%

My Mudra Fincorp IPO Prospectus

Company Contact Information

My Mudra Fincorp Limited

17A/45, 2nd Floor,
w.e.a. Karol Bagh, Central Delhi,
New Delhi, Delhi – 110005

Phone: 011-47010500
Email: info@mymudra.com
Websitehttps://www.mymudra.com/

My Mudra Fincorp IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Websitehttps://www.skylinerta.com/ipo.php

My Mudra Fincorp IPO Lead Manager(s)

1. Hem Securities Limited

My Mudra Fincorp IPO FAQs

My Mudra Fincorp IPO FAQs
What is My Mudra Fincorp IPO?

My Mudra Fincorp IPO is a SME IPO. The issue is priced at ₹104 and ₹110 per equity share. The IPO is to be listed on NSE SME.
When My Mudra Fincorp IPO will open?

The IPO is to open on 05 September 2024 for QIB, NII, and Retail Investors.
What is My Mudra Fincorp IPO Investors Portion?

The investors’ portion for QIB- 50%Retail – 35%NII – 15%.
How to Apply the My Mudra Fincorp IPO?

You can apply My Mudra Fincorp IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the My Mudra Fincorp IPO through Angle One?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “My Mudra Fincorp IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One.
How to Apply the My Mudra Fincorp IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “My Mudra Fincorp IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the My Mudra Fincorp IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “My Mudra Fincorp IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
How to Apply the My Mudra Fincorp IPO through IIFL?

Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “My Mudra Fincorp IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL.
What is My Mudra Fincorp IPO Size?

My Mudra Fincorp IPO size is ₹33.26 Crore.
What is My Mudra Fincorp IPO Price Band?

My Mudra Fincorp IPO Price Band is ₹104 – ₹110.
What is My Mudra Fincorp IPO Minimum and Maximum Lot Size for retail?

The minimum bid is 1200 Shares with ₹1,32,000 amount while the maximum bid is 1200 Shares with ₹1,32,000.
What is the My Mudra Fincorp IPO Allotment Date?

My Mudra Fincorp IPO allotment date is 10 September 2024.
What is the My Mudra Fincorp IPO Listing Date?

My Mudra Fincorp IPO listing date is  12 September 2024. The IPO is to be listed on NSE SME.
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