Muthoot Microfin IPO opens today. GMP, subscription status, price, other details. Buy or not?
Muthoot Microfin IPO: The initial public offering (IPO) of Muthoot Microfin Limited has opened today and it will remain open till 20th December 2023 i.e. till Wednesday this week. This means, Muthoot Microfin IPO date of subscription will remain open from Monday to Wednesday this week.
The microfinance company has fixed Muthoot Microfin IPO price band at ₹277 to ₹291 per equity share. It aims to raise ₹960 crore from its initial offer. Meanwhile, shares of Muthoot Microfin Limited are availagble for trade in grey market.
According to stock marketobservers, shares of Muthoot Microfin Limited are available at a premium of ₹82 in grey market today. Here we list out important Muthoot Microfin IPO details: 1] Muthoot Microfin IPO GMP: Shares of the company are available at a premium of ₹82 in grey market today, say market observers. 2] Muthoot Microfin IPO price: The microfinance company has fixed Muthoot Microfin IPO price band at ₹277 to ₹291 per equity share.
Also Read: Suraj Estate IPO opens today: GMP, date, review, other details. Apply or not? 3] Muthoot Microfin IPO date: The public offer has opened today and it will remain open till 20th December 2023 i.e. till Wednesday this week.
4] Muthoot Microfin IPO size: The company aims to raise ₹960 crore from this public issue out of which ₹760 crore is aimed via fresh issue while ₹200 croer is reserved for OFS (offer for sale). 5] Muthoot Microfin IPO lot size: A bidder will be able to apply in lots and one lot of the IPO comprises 51 company shares. Also Read: Motisons Jewellers IPO opens today.
GMP, price, other details. Should you apply? 6] Muthoot Microfin IPO allotment date: In the wake of T+3 listing rule, most likely date for share allocation is 21st December 2023. 7
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