Muthoot Microfin Limited
ListedMainboardIndustrial & Financial Services · NSE / BSE
Incorporated in April 1992, Muthoot Microfin Limited is a microfinance institution that provides small loans mainly to women in rural areas to support income generating activities. As of December 31, 2022, it is the fourth largest NBFC-MFI in India by gross loan portfolio, the largest in Kerala and the third largest in South India. The company also has a strong presence in Tamil Nadu with around 16% market share. As of March 31, 2023, Muthoot Microfin serves 2.77 million customers through 1,172 branches in 321 districts across 18 states and union territories, supported by a workforce of 10,227 employees.
Price Band
₹277 – ₹291
Issue Size
₹960 Cr
Lot Size
51 shares
GMP
₹27
+9.3%
Est. Listing
₹318
at current GMP
Subscribed
12.10x
overall
Open
18 Dec 2023
Close
20 Dec 2023
Allotment
21 Dec 2023
Refund
22 Dec 2023
Demat Credit
23 Dec 2023
Listing
26 Dec 2023
Last updated 12 days ago
Live Grey Market Premium
Muthoot Microfin Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹27+9.3%
Issue Price (Upper)
₹291
Band: ₹277 – ₹291
Estimated Listing Price
₹318
Upper price + GMP
Lot Size
51 shares
Min investment ₹14,841
Estimated Profit / Lot
₹1,377
51 × ₹27
Muthoot Microfin Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹27
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹27 | 9.3% | ₹318 |
| 30 Oct 2026 | +₹27 | 9.3% | ₹318 |
| 29 Oct 2026 | +₹24 | 8.3% | ₹315 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Muthoot Microfin Limited Public Issue & Market Profile
Muthoot Microfin Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹960 Crores. The shares are offered at a price band of ₹277 to ₹291 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 51 shares (approx. ₹14,841 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-23, while un-allotted funds or UPI block mandates will be released on 2023-12-22.
Frequently Asked Questions
What is Muthoot Microfin Limited IPO GMP today?
The latest grey market premium for Muthoot Microfin Limited IPO is ₹27, which indicates an expected listing price of ₹318.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.