My Mudra Fincorp Limited IPO has a ₹0 Grey Market Premium as of September 4, 2024, with a price range from ₹104 to ₹110 per share. Offering lots of 1200 shares, the subscription window is open from September 5 to September 9, 2024.
My Mudra Fincorp Limited IPO GMP Today
The Grey Market Premium (GMP) for My Mudra Fincorp Limited is ₹0 as of September 4, 2024. This assessment coincides with a price of ₹104 to ₹110 per share for the IPO.
My Mudra Fincorp Limited IPO Review
My Mudra Fincorp Limited’s financial overview shows rising revenue, from ₹5,355.8 lakhs in March 2023 to ₹7,114.36 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.
Profitability has improved significantly, with PAT jumping from ₹346.75 lakhs in March 2023 to ₹835.52 lakhs by March 2024. The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 49.74% highlights enhanced shareholder value generation.
To get a full IPO review, click here My Mudra Fincorp Limited IPO
My Mudra Fincorp Limited IPO Date
My Mudra Fincorp Limited will start accepting subscriptions from September 5, 2024, to September 9, 2024.
My Mudra Fincorp Limited IPO Price
My Mudra Fincorp Limited’s price range is from ₹104 to ₹110 per share with a face value of ₹10 each.
My Mudra Fincorp Limited
Established in 2013, My Mudra Fincorp Limited is a leading Channel Partner for major Indian Banks and NBFCs, offering loans, credit cards, and insurance products via tele-calling and digital channels. They simplify the comparison of financial products, enabling informed choices, faster approvals, and competitive rates. As a trusted DSA, they provide tailored financing solutions nationwide, with a franchise model offering extensive reach and support.
How To Apply For My Mudra Fincorp Limited IPO?
To apply for the My Mudra Fincorp Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for My Mudra Fincorp Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the My Mudra Fincorp Limited IPO at Alice Blue in just a few clicks!