Muthoot Microfin Ltd IPO |
Registered Office:
13th Floor Parinee Crescenzo,Bandra Kurla Cmpx Bandra East
,
Mumbai
-
400051
,
Maharashtra
, India.
Phone :
+91 48 4427 7500 Fax:
Email : info@muthootmicrofin.com
Website : www.muthootmicrofin.com
|
| Initial public offer of 33,007,054* equity shares of face value of (Rs)10 each ("Equity Shares") of Muthoot Microfin Limited ("Company") for cash at a price of (Rs)291^ per equity share (including a share premium of (Rs)281 per equity share) ("Offer Price") aggregating to (Rs)960.00 crores* comprising a fresh issue of 26,134,205* equity shares of face value of (Rs)10 each aggregating to (Rs)760.00 crores* by the company ("Fresh Issue") and an offer for sale of 6,872,849* equity shares of face value of (Rs)10 each aggregating to (Rs)200.00 crores* ("Offered Shares") by the selling shareholders, consisting 562,302* equity shares of face value of (Rs)10 each aggregating to (Rs)16.36 crores* by Thomas John Muthoot, 563,024* equity shares of face value of (Rs)10 each aggregating to (Rs)16.38 crores* by Thomas Muthoot, 562,233* equity shares of face value of (Rs)10 each aggregating to (Rs)16.36 crores* by Thomas George Muthoot, 1,159,415* equity shares of face value of (Rs)10 each aggregating to (Rs)33.74 crores* by Preethi John Muthoot, 1,147,319* equity shares of face value of (Rs)10 each aggregating to (Rs)33.39 crores* by Remmy Thomas and 1,160,343* equity shares of face value of (Rs)10 each aggregating to (Rs)33.77 crores* by Nina George (collectively, the "Promoter Selling Shareholders") and 1,718,213* equity shares of face value of (Rs)10 each aggregating to (Rs)50.00 crores* by Greater Pacific Capital wiv Ltd (the "Investor Selling Shareholder" and collectively with the promoter selling shareholders referred to as the "Selling Shareholders") and such equity shares offered by the selling shareholders ("Offer for Sale", and together with the fresh issue, the "Offer")
The offer included a reservation of 361,010* equity shares of face value of (Rs)10 each, aggregating to (Rs)10.00^^ crores (constituting 0.21% of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The company, acting through its ipo committee in consultation with the brlms, in accordance with the sebi icdr regulations, has offered a discount of 4.81% of the offer price (equivalent of (Rs)14 per equity share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitute 19.36% and 19.15%, respectively, of the post-offer paid-up equity share capital of the company.
The face value of equity shares is (Rs)10 each. The offer price is 29.10 times the face value of the equity shares.
^A discount of (Rs)14 per equity share was offered to eligible employees bidding in the employee reservation portion
*Subject to finalisation of the basis of allotment
^^After employee discount
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 18-Dec-23 |
20-Dec-23 |
(Rs)291.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :51 Further Multiples of :51 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
|
| Project Financed through Current Offer |
960.00 |
|
| Post Issue Equity Share Capital |
170.49 |
|
| Issue Price |
(Rs)291.00 |
|
|