IPO Details, Price, Market Lot

My Mudra Fincorp SME IPO Details
IPO Open Date 5 September 2024
IPO Close Date 9 September 2024
IPO Issue Size 3,024,000 Shares (Aggregating up to ₹33.26 Cr)
Fresh Issue 3,024,000 Shares (Aggregating up to ₹33.26 Cr)
Offer for Sale NIL
Retail Portion Not less than 35% of the offer
NII Portion Not less than 15% of the offer
QIB Portion Not more than 50% of the offer
Listing At NSE SME
My Mudra Fincorp SME IPO Price
Face Value ₹10 Per Share
IPO Price Band ₹104 to ₹110 Per Share
Employee Discount
IPO Issue Type Book Built Issue
My Mudra Fincorp SME IPO Market Lot For Retail Investor
No. of Shares Per Lot 1200 Shares
Minimum Lot Size 1 Lot (1,200 Shares)
Minimum Amount (Cut-off price) 1,32,000
Maximum Lot Size 1 Lot (1,200 Shares)
Maximum Amount (Cut-off price) 1,32,000
My Mudra Fincorp SME IPO Market Lot For HNI
No. of Shares Per Lot 1,200 Shares
Minimum Lot Size 2 Lots (2,400 Shares)
Minimum Amount (Cut-off price) 2,64,000

IPO Date, Listing Date, Allotment Date

My Mudra Fincorp SME Time Table (Tentative)
IPO Open Date 5 September 2024
IPO Close Date 9 September 2024
Basis of Allotment Date 10 September 2024
Initiation of Refunds 11 September 2024
Credit of Share to Demat Account 11 September 2024
IPO Listing Date 12 September 2024

My Mudra Fincorp Financial Report

Period Ended Assets
(₹ in Lakh)
Revenue
(₹ in Lakh)
P A T
(₹ in Lakh)
Net Worth
(₹ in Lakh)
Borrowings
(₹ in Lakh)
31 March 2024 3,027.82 7,114.36 835.52 1,679.79 964.41
31 March 2023 1,485.01 5,355.80 346.75 844.27 371.10
31 March 2022 939.60 2,846.18 46.86 437.88 341.20
Period Ended 31 March 2024 31 March 2023 31 March 2022
Assets 3,027.82 1,485.01 939.60
Revenue 7,114.36 5,355.80 2,846.18
P A T 835.52 346.75 46.86
Net Worth 1,679.79 844.27 437.88
Borrowings 964.41 371.10 341.20
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Vaibhav Kulshrestha and Nisha Kulshrestha are the company’s promoters.

Pre Issue Promotor Holding 78.74%
Post Issue Promotor Holding 57.84%

Company Address

  • Corporate Office: 17A/45, 3rd Floor, w.e.a. Karol Bagh, Central Delhi, New Delhi, Delhi- 110005, India
  • Registered Office: 17A/45, 2nd Floor, w.e.a. Karol Bagh, Central Delhi, New Delhi, Delhi- 110005, India
  • Email: info@mymudra.com
  • Phone: 011-47010500
  • Website: www.mymudra.com

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
  • Skyline Financial Services Private Limited
IPO Lead Manager
  • HEM SECURITIES LIMITED

Objects of the Issue

The company intends to utilize the net Proceeds of the Issue to meet the following objects

  1. Repayment of a portion of certain borrowing availed by our Company.
  2. Investment in technology development and digital infrastructure.
  3. To meet Working Capital requirements.
  4. General Corporate Purpose.