Share the post "IPO Launch: Muthoottu Mini Financiers’s Debt Issue on 30-10-2024!"
An Initial Public Offering (IPO) is the launch of a company’s shares on the public market, making it accessible to individual and institutional investors. This process transforms a private entity into a publicly traded company, allowing it to raise capital for various initiatives, such as expansion or innovation. The IPO journey involves careful planning, regulatory compliance, and strategic marketing to ensure successful entry into the stock market. Muthoottu Mini Financiers IPO of Debt Issue type offers an equity issue (inclusive of premium) with a face value of ₹ . The issue is live from 30 Oct 2024 to 13 Nov 2024 , with a market lot of shares. This call notice includes , covering ₹ towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | Muthoottu Mini Financiers Limited |
|---|---|
| Offer Price () | |
| Face Value | |
| Type Of Issue | Debt Issue |
| Issue Status | Forthcoming |
| Security Type | Secured Redeemable non-convertible Debentures |
| Series | I-VII |
| Issue Period | 30 Oct 2024 to 13 Nov 2024 |
| Market Timing | 10:00AM to 5:00PM |
| Post Issue Modification Date | 14 Nov 2024 |
| Offer Price / Face Value | 1000.00 |
| Minimum Bid Quantity | 10 |
| Issue Size | 10,00,000 |
| Ratings | CARE A- Stable (pronounced as Single A Minus with Stable outlook); by CARE Ratings Limited for Secured Redeemable Non-Convertible Debentures |
| Book Running Lead Manager | VIVRO FINANCIAL SERVICES PRIVATE LIMITED |
| Registrar | LINK INTIME INDIA PRIVATE LIMITED |
| Notes | SPONSOR BANK:HDFC BANK |
Muthoottu Mini Financiers IPO opens on 30-10-2024, and closes on 13-11-2024
| Start Date | 30-10-2024 |
|---|---|
| End Date | 13-11-2024 |
| Issue Period | 30 Oct 2024 to 13 Nov 2024 |
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