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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the My Mudra Fincorp Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹110
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,32,000
Issue Size
₹33.26 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
78.74%
Promoter Holding (Post-Issue)
57.84%
Issue Type
Book Building - SME
ISIN
INE0RVQ01016
Established in 2013, the company operates as a Channel Partner (DSA) for major Banks and NBFCs in India. The Company integrates tele-calling, advertising, direct marketing, referrals, networking, and a combined physical and digital (physital) approach to acquire customers. It specializes in distributing secured loans (home loans, loans against property), unsecured loans (business loans, personal loans, professional loans), and credit cards. Recently, the company expanded to include insurance products. Its platform allows customers to research and compare a wide range of financial products, enhancing choice and transparency.
The Indian financial services sector is thriving, driven by rising incomes and financial inclusion, with the insurance market projected to reach US$ 1 trillion by 2025. The fintech space is expanding rapidly, with over 2,100 companies, and the mobile wallet industry is expected to grow at a CAGR of 148% to US$ 4.4 billion by 2022. Government policies, including increasing the FDI limit in insurance to 74%, support this growth. Digital transactions are set to rise to US$ 1 trillion by 2023, with UPI transactions reaching 11.23 billion worth US$ 208.51 billion in November 2023. The banking sector is also growing, with digital payments projected to constitute 65% of all transactions by 2026.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of upto 30,24,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of My Mudra Fincorp Limited ("The Company" or "The Issuer") at an issue price of Rs. 110/- per equity share (including share premium of Rs .100/- per equity share) for cash, aggregating up to Rs. 33.26 crores ("Public Issue") out of which 1,53,600 equity shares of face value of Rs. 10 each, at an issue price of Rs. 110/- per equity share for cash, aggregating Rs. 1.69 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 28,70,400 equity shares of face value of Rs. 10 each, at an issue price of Rs. 110/- per equity share for cash, aggregating upto Rs. 31.57 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.55% and 25.20 % respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
My Mudra Fincorp Limited was originally incorporated as "My Mudra Fincorp Private Limited" on September 11, 2013 vide Registration Certificate No. 257611 under the provisions of the Companies Act, 1956 with the Registrar of Companies, National Capital Territory of Delhi and Haryana (RoC). Further, pursuant to special resolution passed by the shareholders at the extra ordinary general meeting, held on August 11, 2023 the Company was converted into a Public Limited Company and the name of the Company was changed from "My Mudra Fincorp Private Limited" to "My Mudra Fincorp Limited" vide a fresh certificate of incorporation dated October 19, 2023, CIN: U65191DL2013PLC257611 issued by the Registrar of Companies, Delhi (RoC).
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.