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Suraj Estate Developers Limited

Incorporated in April 1992, Muthoot Microfin Limited is a microfinance institution that provides small loans mainly to women in rural areas to support income generating activities. As of December 31, 2022, it is the fourth largest NBFC-MFI in India by gross loan portfolio, the largest in Kerala and the third largest in South India. The company also has a strong presence in Tamil Nadu with around 16% market share. As of March 31, 2023, Muthoot Microfin serves 2.77 million customers through 1,172 branches in 321 districts across 18 states and union territories, supported by a workforce of 10,227 employees.

₹340 - ₹36016.57x sub
Listed Price340.00
Listing Gain-5.56%
TimelineBook Built Issue IPO
Open18 Dec 2023
Close20 Dec 2023
Allotment22 Dec 2023
Listing26 Dec 2023

Quota Reservation Portions

RetailPortion: 38,88,889 shares
35%
Nii(hni)Portion: 16,66,667 shares
15%
QIBPortion: 55,55,555 shares
50%

Minimum Application Bracket Matrix

Retail1 lots / 41 shares
₹14,760
sHNI14 lots / 574 shares
₹2,06,640
bHNI68 lots / 2,788 shares
₹10,03,680

About the Company

Incorporated in April 1992, Muthoot Microfin Limited is a microfinance institution that provides small loans mainly to women in rural areas to support income generating activities. As of December 31, 2022, it is the fourth largest NBFC-MFI in India by gross loan portfolio, the largest in Kerala and the third largest in South India. The company also has a strong presence in Tamil Nadu with around 16% market share. As of March 31, 2023, Muthoot Microfin serves 2.77 million customers through 1,172 branches in 321 districts across 18 states and union territories, supported by a workforce of 10,227 employees.

Company Promoters

Mr. Rajan Meenathakonil Thomas