Open Date

18 Dec 23

20 Dec 23


₹ 960 Cr

Lot Size

IPO Size

Listing At


Listing Date

Price Range

₹ 277 to ₹ 291

Close Date

Allotment Date

21 Dec 23

26 Dec 23

IPO Details 

Established in 1991, Muthoot Microfin Limited is in the business of offering micro-loans to women to generate income. The company focuses on rural India and is a part of the Muthoot Pappachan Group. As of December 2022, Muthoot Microfin ranked fourth in terms of the largest NBFC-MFI for gross loan portfolio. It was also the third largest NBFC-MFI in South India for gross loan portfolio and the first largest in Kerala for MFI market share for the same period. In Tamil Nadu, the company had a market share of around 16% for the stated period. Its total gross loan portfolio stood at ₹92,082.96 million as of March 2023. 

About Muthoot Microfin 

●   To fund capital requirements. ●    General corporate purpose.   

Objective of Muthoot Microfin IPO

The book-running lead managers to the offer are: ICICI Securities Limited,  Axis Capital Limited,  JM Financial Limit,  SBI Capital Markets Limited

Book Runners

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