My Mudra Fincorp Limited IPO Details

My Mudra Fincorp IPO opens for subscription on 05 Sep 2024 and closes on 09 Sep 2024. The IPO will be listed on NSE with the tentative listing date set for 12 Sep 2024.

My Mudra Fincorp IPO price band has been fixed at ₹104 – ₹110 per share.The face value is ₹10 per share with a lot size of 1200.

My Mudra Fincorp IPO total issue size comprises 30,24,000 shares (aggregating up to ₹33.26 Cr). This includes a fresh issue of 30,24,000 shares (aggregating up to ₹33.26 Cr). Pre-issue shareholding stands at 83,67,800, which will increase to 1,13,91,883 post-issue.

My Mudra Fincorp IPO carries a ₹36 (32.7%) GMP, reflecting investor sentiment.

My Mudra Fincorp IPO Lot Size : Retain Minimum is 1 lot (1,200 shares) amounting to ₹132,000. Retain Maximum is 1 lot (1,200 shares) amounting to ₹132,000. SHNI Minimum is 2 lots (2,400 shares) amounting to ₹264,000.

The Lead Managers for My Mudra Fincorp IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Hem Securities Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Hem Finlease. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the My Mudra Fincorp Limited RHP.