My Mudra Fincorp IPO Allotment Status

Summary

Mudra Fincorp IPO has garnered an exceptional response from investors, closing with a remarkable subscription of 102.48 times by 9th September 2024 at 5:29:04 PM (Day 3). The public issue witnessed substantial demand across various investor categories, with the Non-Institutional Investors (NII) category leading the charge. The NII segment was subscribed 159.37 times, reflecting significant interest from wealthy individual investors and smaller institutions.
The Retail Investors category also demonstrated strong engagement, subscribing 108.77 times, indicating robust interest from individual investors. The Qualified Institutional Buyers (QIB) category showed solid confidence, subscribing 48.83 times. This extraordinary response across all categories underscores the strong market enthusiasm for My Mudra Fincorp's offering and suggests positive investor sentiment towards the company's growth prospects.

How to Check My Mudra Fincorp IPO Allotment Status:

How do you Check My Mudra Fincorp IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web gateway of Skyline Financial Services Private Ltd.  (https://www.skylinerta.com/ipo.php)

Step 2: From the selection menu, choose My Mudra Fincorp IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check My Mudra Fincorp IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the My Mudra Fincorp IPO can monitor the allotment status:

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "My Mudra Fincorp Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status that indicates the available shares for allocation should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account?

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the " IPO " section or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

My Mudra Fincorp IPO Timeline:

My Mudra Fincorp IPO Subscription Status

The My Mudra Fincorp IPO received 102.48 subscriptions. By 9th September 2024 at 5:29:04 PM (Day 3), the public issue had been subscribed 108.77 times in the retail category, 48.83 times in the QIB category, and 159.37 times in the NII category.

Subscription Day 3 (as of 5:29:04 PM)
Total Subscription: 102.48 times.
QIBs: 48.83 times.
Non-institutional investors: 159.37 times.
Retail investors: 108.77 times.

Subscription Day 2
Total Subscription: 13.65 times.
QIBs: 8.58 times.
Non-institutional investors: 11.30 times.
Retail investors: 17.55 times.

Subscription Day 1
Total Subscription: 5.79 times.
QIBs: 7.00 times.
Non-institutional investors: 3.60 times.
Retail investors: 6.04 times.

My Mudra Fincorp IPO Details

My Mudra Fincorp's initial public offering (IPO) is a book-built issue amounting to ₹33.26 crores. This offering consists entirely of a fresh issue of 30.24 lakh shares.

The bidding process for the My Mudra Fincorp IPO commenced on 5th September 2024 and concluded on 9th September 2024. The allotment results for this IPO are anticipated to be finalised on 10th September 2024. Furthermore, the shares of My Mudra Fincorp are set to be listed on the NSE SME, with a provisional listing date scheduled for 12th September 2024.

The price range for the My Mudra Fincorp IPO has been established between ₹104 and ₹110 per share. Investors must apply for a minimum lot size of 1200 shares, which requires a minimum investment of ₹132,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (2,400 shares), totalling ₹264,000.
Hem Securities Limited serves as the book-running lead manager for the My Mudra Fincorp IPO. Skyline Financial Services Private Ltd is designated as the registrar for this offering.
 

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