The company recently shared details about its IPO. The cost of one share will be between Rs 277 and Rs 291.
Interested individuals can participate in this opportunity from December 18 to December 20. The company aims to collect Rs 960 crore through this IPO.
Gray Market News for Muthoot Microfin
According to a reliable source, the IPO is currently trading at a higher price of Rs 130 in the gray market.
If this trend continues until the listing, the company might enter the stock market at approximately Rs 421.
This could mean a potential profit of more than 44 percent for investors on the first day.
Lot Size Information
In one lot of Muthoot Microfin IPO, there are 51 shares. This means that investors need to invest a minimum of Rs 14,841.
Individual investors can place bets on a maximum of 13 lots. The IPO has set aside 35 percent for retail investors and 15 percent for non-institutional investors
