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Muthoot Microfin IPO allotment – How To Check Allotment, GMP, Listing Date And More

Muthoot Microfin IPO allotment – How To Check Allotment, GMP, Listing Date And More

Sakshi Batra
Sakshi Batra
  • New Delhi ,
  • Dec 21, 2023,
  • Updated Dec 21, 2023, 7:01 PM IST

 

Kochi-based Muthoot Microfin's initial public offering (IPO) attracted significant attention from investors during the 3-day bidding process from December 18 to December 20. The micro-loans provider, a subsidiary of the Muthoot Pappachan Group, is expected to be listed on the stock exchanges on December 26. The IPO, oversubscribed 12.30 times, witnessed strong participation from both qualified institutional buyers and non-institutional investors.

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