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An Initial Public Offering (IPO) is the process through which a private company offers its shares to the public for the first time, transitioning into a publicly traded entity. This event allows the company to raise capital from a broader investor base, enhancing its growth potential. An IPO typically involves extensive regulatory scrutiny and is often seen as a significant milestone in a company’s development. Muthoot Mercantile IPO of DPI type offers an equity issue (inclusive of premium) with a face value of ₹ . The issue is live from 10 Jan 2025 to 23 Jan 2025 , 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 | Muthoot Mercantile Limited |
|---|---|
| Offer Price () | |
| Face Value | |
| Type Of Issue | DPI |
| Issue Status | Forthcoming |
| Security Type | Secured Redeemable non-convertible Debentures |
| Series | I-IX |
| Issue Period | 10 Jan 2025 to 23 Jan 2025 |
| Market Timing | 10:00AM to 5:00AM |
| Post Issue Modification Date | 24 Jan 2025 |
| Offer Price / Face Value | 1000.00 |
| Minimum Bid Quantity | 10 |
| Issue Size | 7,50,000 |
| Ratings | IND BBB/Stable |
| Book Running Lead Manager | VIVRO FINANCIAL SERVICES PRIVATE LIMITED |
| Registrar | KFin Technologies Limited |
Muthoot Mercantile IPO opens on 10-01-2025, and closes on 23-01-2025
| Start Date | 10-01-2025 |
|---|---|
| End Date | 23-01-2025 |
| Issue Period | 10 Jan 2025 to 23 Jan 2025 |
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