Business Standard

My Mudra Fincorp Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

33.26 cr

Price Range (₹)

110

Lot Size

1200

Min Investment (₹)

1,32,000.00

Listing Exchange

NSE - SME

Open Date

05-Sept-2024

Close Date

09-Sept-2024

Listing Date

12-Sept-2024

My Mudra Fincorp Ltd News

    The Shares of My Mudra Fincorp Ltd have now been listed.

    My Mudra Fincorp Ltd IPO Details

    Initial public offer of upto 30,24,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of My Mudra Fincorp Limited (The Company or The Issuer) at an issue price of Rs. 110/- per equity share (including share premium of Rs .100/- per equity share) for cash, aggregating up to Rs. 33.26 crores (Public Issue) out of which 1,53,600 equity shares of face value of Rs. 10 each, at an issue price of Rs. 110/- per equity share for cash, aggregating Rs. 1.69 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 28,70,400 equity shares of face value of Rs. 10 each, at an issue price of Rs. 110/- per equity share for cash, aggregating upto Rs. 31.57 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.55% and 25.20 % respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment

    Objective of issue

    Repayment of a portion of certain borrowings availed by the company. Investment in technology development and digital infrastructure. To meet working capital requirements. General corporate purposes.

    My Mudra Fincorp Ltd Contact Details

    My Mudra Fincorp Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - info@mymudra.com

    Website - www.mymudra.com