My Mudra Fincorp IPO Subscription Status: My Mudra Fincorp IPO is Open on 5 September 2024 and Close on 9 September 2024. My Mudra Fincorp IPO to Raise 3,024,000 shares (Approx ₹33.26 Cr) via IPO. The Fresh Issue is 3,024,000 shares (Approx ₹33.26 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
The My Mudra Fincorp IPO is an SME IPO and Listed on NSE SME. My Mudra Fincorp IPO Price Band is Fixed at ₹110 Equity Share. My Mudra Fincorp IPO Lot Size is 1200 Shares.
Also Read: My Mudra Fincorp IPO Date, Review, GMP Price, Details
My Mudra Fincorp IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 574,800 | 2,80,68,000 | 48.83 |
| Non Institutional Buyers (NIIs) | 430,800 | 6,86,55,600 | 159.37 |
| Retail Individual Buyers (RIIs) | 1,005,600 | 10,93,76,400 | 108.77 |
| Total | 2,011,200 | 20,61,00,000 | 102.48 |
My Mudra Fincorp IPO Subscription Status day-by-day-
| Categories | 5 Sep | 6 Sep | 9 Sep |
|---|---|---|---|
| QIB | 7.00 | 8.58 | 48.83 |
| NII | 3.60 | 11.30 | 159.37 |
| RII | 6.04 | 17.55 | 108.77 |
| Total | 5.79 | 13.65 | 102.48 |
About IPO :
My Mudra Fincorp model integrates tele-calling, advertising, direct marketing, referrals, networking, and a combined physical and digital (physital) marketing approach to acquire customers for the banks and NBFC’s. Specializing in the distribution and sales of a diverse range of financial products as channel partner, we offer secured loans such as home loans and loans against property, unsecured loans like business loans and personal loans, professional loan as well as credit cards to the procured customers.
- PERSONAL LOANS
- BUSINESS LOANS
- PROFESSIONAL LOANS
- SECURED LOAN
- PROFESSIONAL LOANS
- SECURED LOAN
- CREDIT CARD
- INSURANCE
My Mudra Fincorp holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
My Mudra Fincorp Review From MoneyMintIdea –
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