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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹33.26 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹33.26 Cr |
| Fresh Issue | ₹31.57 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹104.00-110.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | MYMUDRA |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Hem Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
| 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 | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 66.20% |
| ROCE | 45.98% |
| RoNW | 49.74% |
| PAT Margin | 11.76% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 9.98 | 7.33 |
| P/E (x) | 11.02 | 15 |
| Promoter Holding | 78.74% | 57.84% |
| Market Cap | ₹125.31 Cr. | |
