Muthoot Microfin IPO Subscription Status LIVE UPDATE – Subscribe or Avoid?
Last Updated Date: Dec 20, 2023We have positioned this article to fetch our readers, the live information of Muthoot Microfin IPO Subscription. So, we keep all the records of the IPO from the day 1st is open for subscription.
We manifest details of subscriptions received by the company on a per-day basis, how you can apply for the Muthoot Microfin IPO, and more.
Muthoot Microfin IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – 18th Dec | 0.00x | 0.65x | 1.58x | 0.95x |
| 2nd Day – 19th Dec | 0.48x | 3.28x | 4.31x | 3.05x |
| 3rd Day – 20th Dec | 0.49x | 4.35x | 4.88x | 3.57x |
| Shares Offered or Net Issue | 6,529,210 | 4,896,907 | 11,426,117 | 22,852,234 |
The shares subscribed by the public will be updated herein on a daily basis.
Check Muthoot Microfin IPO LIVE Subscription
- Muthoot Microfin IPO LIVE Bid details on BSE
- Muthoot Microfin IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Check out Related IPO Links:
| Review Muthoot Microfin IPO |
| Muthoot Microfin IPO GMP |
| Allotment – Muthoot Microfin IPO |
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FAQs on Muthoot Microfin IPO Subscription
Check out FAQs on Muthoot Microfin IPO Subscription here –
What is the Muthoot Microfin IPO Subscription start date?
The day from when Muthoot Microfin IPO will be open for subscription is December 18, 2023. Along the course of releasing its IPO, the Muthoot Microfin IPO subscription will stay open for 3 days, which would be from December 18, 2023 to December 20, 2023.
How many times Muthoot Microfin IPO got subscribed?
Precisely, we have the evaluation on a per-day basis for all the days this IPO was open. For the first day, the IPO was subscribed 0.95x times. The following stats are –3.05x times for day 2, 3.57x times for day 3.
The table has the category-wise subscription details; you can check the stats vividly.
How to subscribe to Muthoot Microfin IPO?
There are two feasible ways in which you can subscribe for the IPO – ASBA, and UPI. ASBA IPO is the process of application through the net banking portal, of your respective bank account.
Contrarily, you can adopt UPI to apply for an IPO via a stockbroker. You can use any online platform, i.e. app or website of your bank or broker, and apply for the Muthoot Microfin IPO via the IPO section.
Selecting the IPO and placing a bid is just so easy.
Where can I check LIVE Muthoot Microfin IPO Subscription Numbers?
This website contains all such live details. This page is itself your destination or stop, which will give you access to all the numbers.
In the table briefly presented to you, categorization is done on the basis of the class of investors, and total subscription received.
What is the Minimum Lot Size of the Muthoot Microfin IPO?
Statistics relating to the Minimum lot size releases. In order to subscribe to the Muthoot Microfin IPO, retailed investors have to apply for 51 shares. 51 shares is the market lot size for Muthoot Microfin IPO.
What is the maximum Lot Size of the Muthoot Microfin IPO?
If you wish to make a higher bid for this IPO, you permit to subscribe for up to 663 shares. On the same note, the maximum amount you will be paying for the bid shall be around Rs. 192,933.
How much is the retail portion (%) in Muthoot Microfin IPO?
As per the structure of this IPO, the share QUOTA for retail investors is around 35%. For the stats on per-day subscriptions received from the retails investors, you can refer to the subscription table from the article.
How much is the QIB portion (%) in Muthoot Microfin IPO?
Taking a look at the QIB portion, the company has structured the same around 50%. Furthermore, you can check the subscription details of this category investors in the subscription tables provided.
How much is the NII portion (%) in Muthoot Microfin IPO?
As for the NII portion or the Non-Institutional Investors category, the company has structured it to be 15%. We also have the subscription details of NIIs, which have been put into the subscription table, in a per-day format.
How to apply for the Muthoot Microfin IPO?
As an investor, you need to apply for the IPO online, via any of the UPI-supported applications or ASBA. You must prefix the right UPI ID and make the payment at the time of the IPO application.
You must then submit the application to the broker, who will send the request to block the said amount. Also, you need to enter the UPI ID again to approve the block mandate.
Now, the funds shall be blocked from your account, following which debit or credit shall be done on the basis of the share allotment.
How to invest in Muthoot Microfin IPO using Zerodha app?
The process to invest via the Zerodha App is as simple as it can get.
- Login to Zerodha Kite console
- Go to IPO section in Portfolio
- Choose the IPO you want to apply for, from the list
- Enter the UPI ID, bid details like price and quantity
- Now hit submit