Recently Viewed
Clear AllBidding Date
05-Sep-2024 to
09-Sep-2024
Issue Size
₹33.26 Cr
Price Band
₹104 to ₹110
Allotment date
10-Sep-2024
Listing date
12-Sep-2024
Lot size
1200
No. of shares
30,24,000
Fresh issue/OFS
₹33.26 Cr /--
My Mudra Fincorp Limited, incorporated in 2013, has established itself as a prominent Channel Partner (Direct Selling Agent, or DSA) for major banks and Non-Banking Financial Companies (NBFCs) in India. Specializing in the distribution and sales of a diverse range of financial products, the company has built a robust business model that integrates tele-calling, advertising, direct marketing, referrals, and a combined physical and digital (phygital) marketing approach. The company operates across several key business segments, offering a wide range of financial products and services: Personal Loans, Business Loans, Professional Loans, Secured Loans, Credit Cards and Insurance. My Mudra Fincorp generates revenue primarily through commissions earned from its lending and insurance partners. The company operates nine branches and boasts a network of over 140 franchisees and channel partners, reflecting its expansive national reach.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
95.2x
The issue size of My Mudra Fincorp is ₹33.26 Cr.
My Mudra Fincorp falls into Non-banking Financial Services industry.
The My Mudra Fincorp IPO will be listed on BSE.
The open and close dates for the My Mudra Fincorp are 05-Sep-2024 & 09-Sep-2024.
The price band for the My Mudra Fincorp ipo is ₹104 to ₹110
The listing date of My Mudra Fincorp IPO is 12-Sep-2024.
The purpose of this IPO is to raise fresh capital.
My Mudra Fincorp total subscription ratio is 95.2X.
Key financial of the My Mudra Fincorp are:
| My Mudra Fincorp | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 71.07 | 53.46 | 28.38 |
| EBIT (₹ Cr) | 10.18 | 5.32 | 1.03 |
| Proft after Tax (₹ Cr) | 6.43 | 3.47 | 0.47 |
| Debt (₹ Cr) | 9.64 | 3.71 | 3.41 |
| Net Worth (₹ Cr) | 16.41 | 8.44 | 4.38 |
| RoE (%) | 39.16 | 41.07 | 10.7 |