Muthoot Microfin IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: Dec 22, 2023Muthoot Microfin is about to release its IPO on December 18, 2023. The issue is closing on December 20, 2023, and is currently having an active grey market. The Muthoot Microfin IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Muthoot Microfin IPO. The company intends to raise Rs 960.00 crore by the released issue.
Muthoot Microfin IPO GMP Rates, Kostak Rates & Subject to Sauda
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue.
You can check this table related to know the IPO size, and price band along with listing details and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 21 Dec 2023 | Rs 25 | NA | NA |
| 20 Dec 2023 | Rs 60 | NA | Rs 2000 |
| 19 Dec 2023 | Rs 60 | NA | Rs 2000 |
| 18 Dec 2023 | Rs 90 | NA | Rs 3500 |
| 17 Dec 2023 | Rs 90 | NA | Rs 3500 |
| 14 Dec 2023 | Rs 120 | NA | Rs 4500 |
| 13 Dec 2023 | Rs 160 | NA | NA |
| 12 Dec 2023 | Rs 145 | NA | NA |
| Dec 2023 | NA | NA | NA |
Check out Related IPO Links:
| Review Muthoot Microfin IPO |
| Muthoot Microfin IPO Allotment |
| LIVE Subscription – Muthoot Microfin IPO |
Open Free Demat Account Now!
Muthoot Microfin IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Open Date | December 18, 2023 |
| IPO Close Date | December 20, 2023 |
| Basis of Allotment Date | December 21, 2023 |
| Initiation of Refunds | December 22, 2023 |
| Credit of Shares to Demat Account | December 22, 2023 |
| IPO Listing Date | December 26, 2023 |
Muthoot Microfin IPO – Financial Performance
The below given table will give you the overall idea of the company’s financial performance. Check their net profit and loss statement about Muthoot Microfin IPO.
| Amount (in INR & Million) | |||||
| 30-Sep-23 | 30-Sep-22 | Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets |
1,00,312.99
|
70,190.86
|
85,291.99
|
55,914.58
|
41,838.48
|
| *Total Revenue |
10,423.27
|
6,047.42
|
14,287.64
|
8,325.06
|
6,841.67
|
| Total Expense |
7,726.27
|
5,981.97
|
12,334.74
|
7,782.20
|
6,872.26
|
| Profit After Tax |
2,052.57
|
124.66
|
1,638.89
|
473.98
|
70.54
|
Earnings per Equity Share (in Million)
| 30-Sep-23 | 30-Sep-22 | Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Basic & Diluted |
17.57
|
1.09
|
14.19
|
4.15
|
0.62
|
FAQs Related to Muthoot Microfin IPO GMP
Find out all relevant information related to Muthoot Microfin IPO Grey Market Premium –
What is the current Muthoot Microfin IPO GMP Price?
As on today, the Muthoot Microfin IPO GMP is Rs 25.
What is the current Muthoot Microfin IPO Kostak Rate?
The Kostak rate is Rs NA for Muthoot Microfin IPO.
What is today’s Muthoot Microfin IPO Subject to Sauda Rate?
As on today, the Muthoot Microfin IPO Subject to Sauda is Rs NA.
Where to Check Muthoot Microfin IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: https://top10stockbroker.com/ipo-allotment-status/
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded for in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically a trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change any time. Hence, it is an unofficial trading and hence, not “illegal”.
Disclaimer:
The Muthoot Microfin IPO GMP which is mentioned in the table here is only valid for specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing of the issue. They can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on IPO Grey market.
It is also requested that please do not subscribe for any IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the Fundamental of the companies.