T he shares of Muthoot Microfin are trading at ₹266.20, 8.52% less than the issue price of ₹291 on the BSE.
Muthoot Microfin shares are trading at 266 which is 8.59% less than the issue price of 291.
Muthoot Microfin stock is currently trading at ₹267. There has been -8 per cent change, indicating a decrease in value.
Shares of Suraj Estate Developers Ltd made a disappointing market debut on Tuesday, registering a decline of nearly 6 per cent from the issue price of ₹360.
At the BSE, the stock made its debut at ₹343.80, a discount of 4.5 per cent from the issue price. Later, shares of the company plunged 10 per cent to ₹323.95.
The stock listed at ₹340, a fall of 5.88 per cent on the NSE.
Muthoot Microfin is promoted by Muthoot Fincorp, the third-largest gold loan player and the flagship firm of Muthoot Pappachan group.
The company plans to use proceeds from the fresh issue for augmenting its capital base, to meet future capital requirements.
On Tuesday, Muthoot Microfin shares opened at a price of 278. The shares are trading at 2.39% less than the opening price.
Muthoot Microfin shares trading at ₹273.20, 6 per cent less than the issue price of ₹291. Deep dive…(Muthoot Microfin shares open at 4.46% less than IPO price on BSE)
The shares of Muthoot Microfin are trading at ₹273.60, 15 per cent less than the issue price of ₹291 on the BSE
Muthoot Microfin shares open in red at ₹278, 4,67 per cent less than the issue price
The shares of Muthoot Microfin IPO are set to be listed on the BSE and NSE shortly. The Sensex is currently trading in red at 71,103
Muthoot Microfin Limited had reported ₹1,095.74 million profit after tax for the quarter that ended on September 30, the company was quoted by PTI as saying. The company said the profit was a rise of 14.5 per cent from the previous quarter. Muthoot Microfin also posted growth indicators with total income from operations growing 17.74 per cent from the previous quarter to ₹5,636.25 million as of September 30, 2023
Muthoot Microfin IPO listing LIVE updates: BSE-30 share index opens in red at 71,099.72
Muthoot Microfin's IPO got subscribed 2.83 times on Tuesday, the second day of offer. The Initial Public Offer (IPO) received bids for 6,89,23,185 shares against 2,43,87,447 shares on offer, as per data available with the NSE.
Muthoot Microfin's IPO opened for subscription on December 18. It got subscribed 82 per cent on the first day of offer. The ₹960 crore-initial share sale received bids for 2,00,28,108 shares against 2,43,87,447 shares on offer, as per NSE data.
Muthoot Microfin plans to use proceeds from the fresh issue for augmenting its capital base, to meet future capital requirements. Muthoot Microfin is promoted by Muthoot Fincorp, which is the third-largest gold loan player and the flagship firm of Muthoot Pappachan group.
Muthoot Microfin IPO listing LIVE updates: The shares of Muthoot Microfin are trading at a premium of ₹27 in the grey market. It is expected that the shares will be listed at ₹318 on its debut in the stock market.
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