Muthoot Microfin’s IPO will hit the market on 18 December 2023 and close on 20 December 2023. The Muthoot Microfin IPO GMP Kostak rate and subject to sauda updated as of today. The Muthoot Microfin IPO Grey Market Premium has started with high premium rates at this time, we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check Muthoot Microfin IPO subscription status here.
Muthoot Microfin Limited is a microfinance institution providing micro-loans to women customers primarily for income generation purposes) with a focus on rural regions of India. The company is the fourth largest NBFC-MFI in India in terms of gross loan portfolio as of December 31, 2022. The company is also the third largest amongst NBFC-MFIs in South India in terms of gross loan portfolio, the largest in Kerala in terms of MFI market share, and a key player in Tamil Nadu with an almost 16% market share, as of December 31, 2022.
Muthoot Microfin IPO Issue size of ₹960.00 Crores, in which Fresh Issue of ₹760.00 Crores and Offer For Sale of ₹200.00 Crores and issue price band has been fixed at ₹277 to ₹291 Per Share. The Muthoot Microfin IPO is to be listed December 26, on NSE and BSE.
What is Muthoot Microfin IPO GMP Today?
■ The Muthoot Microfin IPO GMP Today Or Grey Market Premium is ₹26-₹27.
What is Muthoot Microfin IPO Kostak Rates Today?
■ The Muthoot Microfin IPO Kostak rate is ₹0.
What is Muthoot Microfin IPO Subject to Sauda Price Today?
■ The Muthoot Microfin IPO Subject to Sauda rates is ₹1000.
Muthoot Microfin IPO Approximately Returns?
■ The Muthoot Microfin IPO’s approximate return is 30%-32%, and it can also change according to the Market Sentiment.
Muthoot Microfin IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 26 Dec 2023 | Listed : ₹275.30 (-5.40) Loss | ₹0 | ₹1000 |
| 25 Dec 2023 | ₹26-₹27  | ₹0 | ₹1000 |
| 24 Dec 2023 | ₹30-₹31  | ₹0 | ₹1200 |
| 23 Dec 2023 | ₹29-₹30  | ₹0 | ₹1200 |
| 22 Dec 2023 | ₹29-₹30 | ₹0 | ₹1200 |
| 21 Dec 2023 | ₹24-₹25 | ₹0 | ₹1000 |
| 20 Dec 2023 | ₹21-₹22 | ₹0 | ₹900 |
| 19 Dec 2023 | ₹30-₹35 | ₹0 | ₹1400 |
| 18 Dec 2023 | ₹50-₹55 | ₹0 | ₹2100 |
| 17 Dec 2023 | ₹80-₹81 | ₹0 | ₹3100 |
| 16 Dec 2023 | ₹80-₹81 | ₹0 | ₹3100 |
| 15 Dec 2023 | ₹87-₹88 | ₹0 | ₹3400 |
| 14 Dec 2023 | ₹94-₹95 | ₹0 | ₹3700 |
| 13 Dec 2023 | ₹104-₹105 | ₹0 | ₹4100 |
| 12 Dec 2023 | ₹160-₹162 | ₹0 | ₹0 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your own research before investing in an IPO, regardless of the GMP.
Muthoot Microfin IPO GMP FAQs :
How much is Muthoot Microfin IPO GMP Today?
Muthoot Microfin IPO GMP Today is ₹50-₹51.
What is Muthoot Microfin IPO Kostak Rate?
Muthoot Microfin IPO Kostak Rate is ₹0.
What is Muthoot Microfin IPO Subject to Sauda?
Muthoot Microfin IPO Subject to Deals is ₹2100.
What are Muthoot Microfin IPO Approx Returns?
Muthoot Microfin IPO approx Returns is 30%-32%, and it can also change according to the Market Sentiment.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on a number of factors, including the overall market sentiment and the performance of the company in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the volatility of the stock market in general.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even decline in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
| Muthoot Microfin IPO Details: Click Here Muthoot Microfin IPO Subscription: Click Here Muthoot Microfin IPO Allotment: Click Here Muthoot Microfin IPO Listing: Click Here |
All Muthoot Microfin IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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