Muthoot Microfin IPO Subscription Status and How to Check Allotment

The Muthoot Microfin IPO has received a good response from investors, with the issue being subscribed by 1.33 times on the first day of the bidding process.

The IPO has been priced at Rs 145 per share, with the issue size being Rs 2,300 crore.

To check the allotment status, you can visit the BSE website and enter your application number and PAN number.

The IPO is expected to be listed on the BSE and NSE on August 25, 2023.

The Muthoot Microfin IPO subscription status is a crucial aspect to consider before investing in the issue. The public issue garnered bids for 28,10,02,758 shares, surpassing the 2,43,87,447 shares on offer, as per provisional exchange data.

The subscription status of the Muthoot Microfin IPO was as follows: the overall subscription was 11.52 times, while the retail portion was subscribed 7.61 times. The NII portion was subscribed 13.2 times, and the QIB portion was subscribed 17.47 times.

If this caught your attention, see: Cancel Facetune 2 Subscription

The Muthoot Microfin IPO received bids for a large number of shares, indicating strong interest from investors. The public issue was subscribed 0.45 times by 2:09 PM on day one of bidding, with the retail portion being subscribed 0.77 times.

Here's a breakdown of the subscription status of the Muthoot Microfin IPO:

The strong subscription status of the Muthoot Microfin IPO indicates that the issue is likely to be oversubscribed.

To check the allotment status of your Muthoot Microfin IPO application, you can visit the official BSE website at bseindia.com/investors/appli_check.aspx.

Select 'Equity' under 'Issue Type' to proceed with the check. You can either enter your application number or provide your PAN details to view the status.

The Muthoot Microfin IPO garnered bids for 28,10,02,758 shares, surpassing the 2,43,87,447 shares on offer.

To check the status on BSE, select 'Equity' under 'Issue Type' and choose 'Issue Name'. Then, enter your application number or PAN details and click 'Submit' to view the status.

Muthoot Microfin IPO shares are set to be listed on NSE & BSE tentatively on December 26.

To check the status on Kfin Technologies, log in at the direct Muthoot Microfin IPO website — kprism.kfintech.com/ipostatus and select 'Muthoot Microfin IPO'.

For your interest: Nfcu Loan Application Status