Muthoot Microfin IPO allotment – How to check allotment, GMP, listing date and more

• Muthoot Microfin is expected to announce its share allotment status on Thursday, December 21.
• The shares of Muthoot Microfin were subscribed 11.50 times.
• The shares are expected to be listed on the stock exchanges on December 22.

Kochi-based Muthoot Microfin, which offers micro-loans to female customers, especially in rural areas is expected to announce the allotment status of its initial public offering (IPO) on Thursday, December 21.

The Muthoot Microfin IPO opened on December 18 and closed on December 20. The price band for the IPO was ₹277 to ₹291 per share.

Robust subscription

On its last day, the Muthoot Microfin IPO was subscribed 11.50 times, receiving bids for 28.04 crore equity shares against 2.44 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 17.47 times, the non-institutional investors portion was subscribed 13.20 times. The retail portion witnessed decent participation and was subscribed 7.57 times. The employee portion was subscribed 4.90 times.

Grey market premium

The shares of Muthoot Microfin are currently commanding a grey market premium (GMP) of ₹60 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the Muthoot Microfin IPO allotment status, visit the registrar’s website here.
• Click on ‘Company Selection’ and then select ‘Muthoot Microfin’.
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
• Click on ‘Search’.

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Muthoot Microfin IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

• Go to the BSE website.
• On the website, click on 'Equity' and then select ‘Muthoot Microfin’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Muthoot Microfin listing date

The shares of Muthoot Microfin will be listed on the stock exchanges on December 22.

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