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My Mudra Fincorp IPO Overview
- IPO Open Date: September 05, 2024
- IPO Close Date: September 09, 2024
- Price Band: ₹104 to ₹110 per equity share
- Issue Size: ₹33.26 Crores
- Listing Date: September 12, 2024
- Lot Size: 1200 Shares
My Mudra Fincorp IPO GMP Live Rates
Dates | IPO GMP |
---|---|
September 11, 2024 | ₹36 (33%) |
September 10, 2024 | ₹41 (37%) |
September 09, 2024 | ₹41 (37%) |
September 08, 2024 | ₹40 (36%) |
September 07, 2024 | ₹40 (36%) |
September 06, 2024 | ₹40 (36%) |
September 05, 2024 | ₹40 (36%) |
September 04, 2024 | ₹- |
September 03, 2024 | ₹- |
September 02, 2024 | ₹- |
September 01, 2024 | ₹- |
August 31, 2024 | ₹- |
August 30, 2024 | ₹- |
August 29, 2024 | ₹- |
IPO Timeline
Events | Date |
---|---|
IPO Open Date | September 5, 2024 |
IPO Close Date | September 9, 2024 |
Basis of Allotment | September 10, 2024 |
Refunds | September 11, 2024 |
Credit to Demat Account | September 11, 2024 |
IPO Listing Date | September 12, 2024 |
About My Mudra Fincorp
Incorporated in 2013, My Mudra Fincorp Limited serves as a Channel Partner (DSA) for leading banks and NBFCs in India, specializing in the distribution of diverse financial products. The company provides secured loans, including home and property loans, as well as unsecured options like business, personal, and professional loans, alongside credit cards.
Additionally, My Mudra Fincorp has expanded into offering insurance products and their customer base includes individuals, businesses, and professionals such as chartered accountants (CAs) and company secretaries (CSs). Furthermore, As of May 31, 2024, the company employed 143 people, including 10 dedicated to IT and CRM development. In India, My Mudra Fincorp serves as a channel partner (DSA) for major banks and non-banking financial corporations (NBFCs). Specifically, the company offers a range of financial products, including unsecured loans, secured loans, professional loans, credit cards, and insurance products. Additionally, it specializes in the distribution and sale of these financial offerings.
Furthermore, My Mudra Fincorp provides customers with the ability to research and compare a broad spectrum of lending and insurance options, thereby enhancing choice and transparency. As a result, the company generates revenue through commissions from its various business segments, which include loan-related activities, credit card services, and insurance offerings. Moreover, with a presence in eight states across India, My Mudra Fincorp operates nine branches and collaborates with over 140 franchise/channel partners and Sub DSAs.
Disclaimer
- The Grey Market Premium (GMP) mentioned for (My Mudra Fincorp IPO GMP) is applicable only for the specific date provided.
- We do not engage in the buying or selling of IPO forms on the grey market.
- Please do not base your IPO subscription decision solely on the premium price, as it may fluctuate. Always consider the company’s fundamentals before investing.
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