My Mudra Fincorp Limited
ListedSMEFinancial Services · NSE
My Mudra Fincorp Limited, established in 2013, operates as a Channel Partner (DSA) for leading banks and NBFCs across India, offering a wide range of financial products including secured loans such as home and property loans, unsecured loans like business and personal loans, professional loans, and credit cards, along with insurance services. The company serves a diverse customer base comprising individuals, businesses, and professionals including chartered accountants and company secretaries. Supported by a team of 143 employees as of May 31, 2024—including 10 dedicated to IT and CRM development—My Mudra Fincorp continues to strengthen its distribution network and digital capabilities to deliver efficient and accessible financial solutions.
Price Band
₹104 – ₹110
Issue Size
₹33.26 Cr
Lot Size
1200 shares
GMP
₹36
+32.7%
Est. Listing
₹146
at current GMP
Subscribed
102.55x
overall
Open
5 Sep 2024
Close
9 Sep 2024
Allotment
10 Sep 2024
Refund
11 Sep 2024
Demat Credit
12 Sep 2024
Listing
12 Sep 2024
Last updated 12 days ago
Overall Subscription
102.55x
Total Demand
QIB Multiplier
48.83x
Institutions & Funds
NII / HNI
159.72x
High Net-Worth
Retail (RII)
108.77x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 574,800 | 28,068,000 | 48.83x |
| NIB | 430,800 | 68,809,200 | 159.72x |
| RETAIL | 1,005,600 | 109,376,400 | 108.77x |
| Total | 2,011,200 | 206,253,600 | 102.55x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 882 | 95,935 | 108.77x |
| HNIs (10L +) | 6 | 958 | 159.72x |
| HNIs (2-10L) | 27 | 4,312 | 159.72x |
| Total Applications | 915 | 101,205 | 110.61x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About My Mudra Fincorp Limited Public Issue & Market Profile
My Mudra Fincorp Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹33.26 Crores. The shares are offered at a price band of ₹104 to ₹110 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,32,000 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.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-12, while un-allotted funds or UPI block mandates will be released on 2024-09-11.
Frequently Asked Questions
What is My Mudra Fincorp Limited IPO GMP today?
The latest Grey Market Premium (GMP) for My Mudra Fincorp Limited IPO is ₹36 per equity share. Based on the upper price band of ₹104 to ₹110 per equity share, the estimated listing price is ₹146 (+32.7% expected listing gain).
What is the expected profit per lot for My Mudra Fincorp Limited IPO?
With a lot size of 1200 shares and current GMP of ₹36, the expected profit per application lot is approx ₹43,200 (+32.7% gain). Minimum application cost is approx ₹1,32,000.
What is the issue size and price band for My Mudra Fincorp Limited IPO?
The My Mudra Fincorp Limited IPO aggregate issue size is ₹33.26 Crores with an equity price band set at ₹104 to ₹110 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,32,000.
How can I check My Mudra Fincorp Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 102.55x (Retail: 108.77x, QIB: 48.83x, NII: 159.72x). You can track live multiples directly on our dedicated subscription page.
Where and when will My Mudra Fincorp Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-09-10. Investors can verify status using PAN card or application number.
When is the listing date for My Mudra Fincorp Limited IPO?
My Mudra Fincorp Limited shares are scheduled to list on NSE on 2024-09-12.