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15 Days Price Change

Muthoot Microfin IPO

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Issue Size --
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Price Range 277  to  291 per share
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Min Investment ₹291
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Lot Size 1
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Face Value ₹10
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Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Muthoot Microfin Ltd is a leading microfinance institution committed to empowering underserved communities in India. Established as a subsidiary of the Muthoot Pappachan Group, the company focuses on providing financial inclusion to rural and semi-urban areas, offering microloans to individuals and small businesses. With a mission to alleviate poverty and foster economic independence, Muthoot Microfin emphasizes responsible lending practices and customer-centric services. Leveraging a robust network and innovative financial solutions, the company strives to uplift the socio-economic status of its clients, enabling them to build sustainable livelihoods. Muthoot Microfin's dedication to financial inclusivity aligns with its parent group's legacy of trust and integrity in the Indian financial landscape. Read More

Basic Info

Face Value 10 per share

Price 277  to  291 per share

P/E (x) -21.9

Sales( Cr.) 2562

PAT( Cr.) -223

EPS -13.3

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Thomas John Muthoot Thomas Muthoot Thomas George Muthoot Preethi John Muthoot

Pre Issue Share Holding 48.7%

Post Issue Share Holding 24.15%

Listing Details:

Listing Price: 278

Listing Gain: -4.68%

Current Price: 180

Gain On Issue: 180 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 18, 2023
Closing Date Dec 20, 2023
Allotment Dec 21, 2023
Refund Dec 22, 2023
Delivery of Shares Dec 22, 2023
Listing Date Dec 25, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 51 14,841
Retail (Max) 13 663 192,933
S-HNI (Min) 14 714 207,774
S-HNI (Max) 67 3417 994,347
B-HNI (Min) 68 3468 1,009,188

Objective of the Issue

The Company proposes to utilise the Net Proceeds from the Fresh Issue towards augmenting the capital base to meet future capital requirements. The main objects and objects incidental and ancillary to the main objects set out in the Memorandum of Association enable the company: (i) to undertake our existing business activities, (ii) to undertake the activities proposed to be funded from the Net Proceeds. Further, the Company expects to receive the benefits of listing the Equity Shares on the Stock Exchanges, including enhancing the brand image among existing and potential customers and creating a public market for the Equity Shares in India.

Issue

Category Nos Bid Bid (x)
QIB 9896907 181608243 18.3x
NII 6597938 91513400 13.9x
Retail 16494845 131958760 8x
EMP 0 0 0x
Total 32989690 405773187 12.3x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Muthoot Microfin Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Operating Revenue 0 52 244 503 714 860 684 833 1429 2249 2562
Other Income 0 0 0 8 36 7 12 10 18 16 15
Total Income 0 52 244 511 750 867 696 843 1446 2265 2577
Total Expenditure 1 16 104 285 243 543 369 417 658 781 1893
Operating Profit -0 36 140 226 507 324 327 426 788 1483 684
Interest Expense 0 21 82 189 234 291 299 340 549 866 930
Depreciation 0 0 1 2 3 14 19 21 27 35 43
Profit Before Tax -0 15 57 35 271 20 9 65 213 582 -289
Provision for Tax -0 5 20 50 69 1 2 17 49 132 -66
Profit After Tax -0 9 37 -14 201 18 7 47 164 450 -223
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 9 37 -14 201 18 7 47 164 450 -223
Adjusted Earnings Per Share 0 1.6 4.4 -1.4 17.6 1.6 0.6 4.2 14 26.9 -13.3

Muthoot Microfin Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5 69 189 403 886 907 890 1337 1626 2804 2632
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 224 749 2013 2451 2921 3016 3997 6493 3300 3366
Current Liability 0 231 522 113 146 171 274 253 407 5334 4697
Other Liabilities & Provisions -0 2 2 26 47 111 -5 0 -2 297 115
Total Liabilities 5 526 1462 2555 3530 4110 4174 5587 8523 11736 10810
Loans 0 432 992 1854 2699 2564 3293 4398 7027 9286 8740
Investments 0 0 0 0 0 0 0 0 63 47 354
Fixed Assets 0 2 7 13 21 109 110 121 172 215 223
Other Loans 0 1 3 1 0 7 4 8 15 159 127
Other Non Current Assets 0 17 57 2 7 1 1 2 0 256 132
Current Assets 5 75 402 685 803 1429 766 1058 1246 1774 1234
Total Assets 5 526 1462 2555 3530 4110 4174 5587 8523 11736 10810

Muthoot Microfin Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 5 5 48 316 571 670 1181 519 706 754 928
Cash Flow from Operating Activities -0 -396 -469 -699 -602 114 -704 -1084 -2333 -1272 1382
Cash Flow from Investing Activities 0 -29 -66 -12 -6 -65 -38 -74 -180 -225 -128
Cash Flow from Financing Activities 0 467 801 966 707 463 80 1344 2567 1671 -1485
Net Cash Inflow / Outflow -0 43 267 255 99 511 -662 187 54 174 -230
Closing Cash & Cash Equivalent 5 48 315 571 670 1181 519 706 759 928 697

Muthoot Microfin Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 1.57 4.42 -1.4 17.62 1.59 0.62 4.15 14.03 26.88 -13.28
CEPS(Rs) -0.28 1.57 4.53 -1.22 17.88 2.8 2.27 5.97 16.3 29 -10.72
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0 11.53 22.03 39.11 77.5 79.34 77.86 115.28 136.69 166.77 155.99
Net Profit Margin -41.67 18.04 15.19 -2.87 28.17 2.12 1.03 5.69 11.47 19.99 -8.69
Operating Margin -60.31 68.38 57.01 44.61 70.61 36.08 45.07 48.63 53.32 64.38 25.03
PBT Margin -60.31 28 23.47 7 37.87 2.29 1.32 7.77 14.9 25.87 -11.28
ROA(%) -3.06 3.54 3.73 -0.72 6.61 0.48 0.17 0.97 2.32 4.44 -1.97
ROE(%) -3.01 25.28 29.18 -4.91 31.27 2.03 0.79 4.3 11.25 20.5 -8.24
ROCE(%) -4.35 14.64 15.42 12.01 17.53 8.66 7.97 8.76 11.33 14.97 5.89
Price/Earnings(x) 0 0 0 0 0 0 0 0 0 7.43 0
Price/Book(x) 0 0 0 0 0 0 0 0 0 1.2 0.79
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.48 7.91 3.58 2.87 2.5 1.95 3.49 3.76 3.84 4.64 3.49
EV/Core EBITDA(x) -2.49 11.56 6.24 6.38 3.52 5.17 7.29 7.35 6.95 7.03 13.07
Interest Earned Growth(%) 0 0 367.54 106.3 42 20.43 -20.47 21.68 71.62 57.4 13.91
Net Profit Growth 0 6037.1 293.6 -138.94 1495.26 -90.95 -61.25 571.93 245.77 174.32 -149.5
EPS Growth(%) 0 0 181.64 -131.74 1357.25 -90.95 -61.25 571.93 237.88 91.62 -149.4
Interest Coverage(x) % 0 1.69 1.7 1.19 2.16 1.07 1.03 1.19 1.39 1.67 0.69

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 14% 45% 24% 0%
Operating Profit CAGR -54% 17% 16% 0%
PAT CAGR -150% NAN% NAN% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 42% NA% NA% NA%
ROE Average -8% 8% 6% 10%
ROCE Average 6% 11% 10% 10%

Company Contact Information

Muthoot Microfin Ltd.

13th Floor, Parinee Crescenzo Bandra Kurla Complex Bandra (East)

IPO Lead Manager(s)

Muthoot Microfin Ltd.

Axis Capital Ltd.

ICICI Securities Ltd

JM Financial Ltd.

SBI Capital Markets Ltd

Registrar Info

Muthoot Microfin Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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