₹960 crores and is a combination of fresh issue of 2.61 crore shares aggregating to ₹760 crores and offer for sale of 0.69 crore shares aggregating to ₹200 crores. On day 1, Muthoot Microfin IPO's retail investors portion was subscribed 1.38 times, NII portion was subscribed 61%, and QIB portion is yet to be booked. Employee portion has been booked 1.24 times.
Also read: Muthoot Microfin IPO subscription status: Issue booked 83% on day 1 The company has fixed a price band at ₹277 to ₹291 per share. Among the sellers in the OFS are promoters such as Thomas John Muthoot, Thomas Muthoot, Thomas George Muthoot, Preethi John Muthoot, Remmy Thomas, and Nina George, collectively divesting ₹150 crore worth of shares. Additionally, investor Greater Pacific Capital WIV will be divesting ₹50 crore worth of shares in the OFS.
Company promoters, which include Muthoot Microfin, maintain a 69.08 percent ownership stake, while the remaining 28.53 percent is in the hands of public shareholders. Among these shareholders are Greater Pacific Capital WIV, holding a 19.06 percent stake, and investment management firm Creation Investments India LLC, with a 9.01 percent stake. Muthoot Microfin IPO date - The issue will open for subscription on December 18 and will close on December 20.
Muthoot Microfin IPO share price - The company has fixed a price band at ₹277 to ₹291 per share. Muthoot Microfin IPO size - The IPO comprises a fresh issue of ₹760 crore and an offer-for-sale (OFS) of ₹200 crore. Muthoot Microfin IPO reservation - About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.
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