Muthoot Microfin IPO: Issue fully booked on day 2, retail portion subscribed over 2 times; GMP steady

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₹277 to ₹291 per equity share of the face value of ₹10. Muthoot Microfin Limited raised ₹284.99 crore from anchor investors on Friday, December 15. Muthoot IPO lot size is 51 equity shares and in multiples of 51 equity shares thereafter.

Muthoot Microfin Limited IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. A discount of ₹14 per equity share is being offered to the eligible employees bidding in the employee reservation portion. On day 2, Muthoot Microfin IPO's retail investors portion was subscribed 1.98 times, NII portion was subscribed 81%, and QIB portion is yet to be booked.

Employee portion has been booked 1.76 times. Muthoot IPO has received bids for 2,85,57,807 shares against 2,43,87,447 shares on offer, according to data from the BSE. Muthoot Microfin IPO retail investors' portion received bids for 2,37,15,816 shares against 1,20,03,610 shares on offer for this segment.

Muthoot IPO's non-institutional investors' portion received bids for 41,62,620 shares against 51,44,404 on offer for this segment. Muthoot Microfin IPO 's QIBs portion received bids for 9,792 shares against 68,59,205 shares on offer for this segment. Muthoot IPO's employee portion received bids for 6,69,579 shares against 3,80,228 shares on offer for this segment.