My Mudra Fincorp Limited

My Mudra Fincorp IPO is open for subscription from Thursday, September 5, 2024, and closes on Monday, September 9, 2024. The price band for this IPO is set at Rs 104 – Rs 110 per share. My Mudra Fincorp IPO is offering entirely a fresh issue of 30.24 lakh of equity shares worth up to Rs 33.26 crore equity shares. The allotment for this new IPO is expected to be finalised on Tuesday, September 10, 2024. The listing of this IPO will be done on Thursday, September 12, 2024, at the NSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 1200 shares. For retail investors, the minimum and maximum investment amount required is Rs 132,000. However, for the HNI category, the minimum lot size is 2 lots, i.e., 2400 shares amounting to Rs 264,000. The IPO is managed by Hem Securities Limited, which is the book-running lead manager of this public issue. The company has appointed Skyline Financial Services Private Limited as the registrar for the issue.