My Mudra Fincorp's IPO offers 30.24 lakh shares worth ₹33.26 Cr, aiming to repay debt, invest in tech, meet working capital needs, and support general purposes.
Open Date : September 5, 2024 Close Date : September 9, 2024 Allotment Date: September 10, 2024 Listing Date: September 12, 2024
IPO Price: INR 104 -110 per share Lot Size: 1200 Shares Total Issue Size: INR 33.26 crores
My Mudra Fincorp IPO shows mixed performance: 1. Strong revenue growth, Profitability and EPS up. 2. Equity and liabilities increased. 3. Improved financial position and liquidity.
My Mudra Fincorp IPO Comparison: 1. My Mudra exceeds Akiko in revenue, EPS, and RoNW. 2. Both show strong profitability. 3. My Mudra leads in earnings and return on equity
Mach Conferences and Events IPO main Objective: 1. Repay borrowings. 2. Invest in technology and digital infrastructure. 3. Meet working capital requirements.
My Mudra Fincorp IPO Risks: 1. Reliance on bank and NBFC partnerships. 2. Potential RBI regulatory changes. 3. Exposure to technological and cybersecurity risks.