✓
Open
5 Sep 2024
✓
Close
9 Sep 2024
3
Allotment
—
✓
Listing
Thu, Sep 12, 2024
Price Band
₹104 to ₹110
Issue Size
30,24,000 shares (agg. up to ₹33 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Sep 12, 2024
Latest GMP
₹36
Est. Gain
32.73%
✦ AI Insight
GMP Trend
12-09-2024₹36Est. ₹146+32.73%
11-09-2024₹36Est. ₹146+32.73%
10-09-2024₹41Est. ₹151+37.27%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 75.91x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 30.28 | 14.85 | 9.40 |
| Total Income | 71.14 | 53.56 | 28.46 |
| Profit After Tax | 8.36 | 3.47 | 0.47 |
| NET Worth | 16.80 | 8.44 | 4.38 |
| Reserves and Surplus | 16.79 | 8.43 | 4.37 |
| Total Borrowing | 9.64 | 3.71 | 3.41 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| RNFI Services Ltd. | SME | ₹70.81 Cr | ₹105 | 19.19 | ₹189.55 | +80.52% | ₹255.95 (+4.32%) |
| Akiko Global Services Ltd. | SME | ₹23.11 Cr | ₹77 | 13.2 | ₹93.35 | +21.23% | ₹304.85 (+4.38%) |
| Beacon Trusteeship Ltd. | SME | ₹32.52 Cr | ₹60 | 16.49 | ₹94.50 | +57.50% | ₹96.00 (+1.05%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of a portion of certain borrowing availed by the Company | 6.25 |
| 2 | Investment in technology development and digital infrastructure | 6.00 |
| 3 | To meet Working Capital requirements | 7.00 |
| 4 | General Corporate Purpose | 8.12 |
About My Mudra IPO
My Mudra Fincorp Limited was incorporated in 2013 and acts as a Channel Partner (DSA) for major banks and NBFCs in India. The company specializes in the distribution and sale of a wide range of financial products. As a channel partner, the company offers secured loans such as home and property loans, unsecured loans such as business and personal loans, professional loans as well as credit cards to the referred customers. The company has also expanded its services to include the sale of insurance products. The company's customers include private individuals, businesses and professionals such as chartered accountants (CAs) and company secretaries (CSs). As of May 31, 2024, My Mudra Fincorp had 143 employees, including 10 employees from the IT and CRM development team.+ Read More
Contact Details
My Mudra Fincorp Ltd. Address17A/45, 2nd Floorw.e.a.Karol Bagh, Central DelhiNew Delhi, New Delhi, 110005011-47010500info@mymudra.comVisit Website