My Mudra Fincorp Limited IPO

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.

Important Details

Open Date : September 5, 2024 Close Date : September 9, 2024 Allotment Date: September 10, 2024 Listing Date: September 12, 2024

Important Details

IPO Price: INR 104 -110 per share Lot Size: 1200 Shares Total Issue Size: INR 33.26 crores

Fundamental Analysis

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.

Peer Comparison

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

Objective

Mach Conferences and Events IPO main Objective: 1. Repay borrowings. 2. Invest in technology and digital infrastructure. 3. Meet working capital requirements.

Risks And Challenges

My Mudra Fincorp IPO Risks: 1. Reliance on bank and NBFC partnerships. 2. Potential RBI regulatory changes. 3. Exposure to technological and cybersecurity risks.