Muthoot Microfin Limited raises Rs. 284.99 crore from 26 anchor investors at the upper price band of Rs. 291 per equity share

By Saswati Patra Last updated Dec 19, 2023

• Price Band fixed at ₹277 to ₹291 per equity share of face value of ₹10 each (“Equity Share”)

• Bid/ Offer will open on Monday, December 18, 2023 and close on Wednesday, December 20, 2023

• Bids can be made for a minimum of 51 Equity Shares and in multiples of 51 Equity Shares thereafter

• Link: https://www.bseindia.com/markets/MarketInfo/DownloadAttach.aspx?id=20231215-42&attachedId=3b7cd417-9229-4ef6-bcf0-e6eb2296ec6c

Muthoot Microfin Limited has allotted 97,93,812 equity shares to 26 anchor investors and raised ₹284.99 crore ahead of company’s proposed IPO at the upper price band of ₹291 per equity share (including share premium of ₹281 per equity share) with face value of ₹10 per share.

The anchor allocation is as follows:

Sr. No	Name of Anchor Investor	No. of Equity Shares Allocated	% of Anchor Investor Portion	Bid Price (₹. per Equity Share)	Total Amount Allocated (₹)
1	WCM INTERNATIONAL SMALL CAP GROWTH FUND	9,08,820	9.28%	291.00	26,44,66,620.00
2	JNL MULTI-MANAGER INTERNATIONAL SMALL CAP FUND	5,21,322	5.32%	291.00	15,17,04,702.00
3	WCM INTERNATIONAL SMALL CAP GROWTH FUND L.P.	5,03,472	5.14%	291.00	14,65,10,352.00
4	THE NORTH CAROLINA SUPPLEMENTAL RETIREMENT PLANS GROUP TRUST	5,06,175	5.17%	291.00	14,72,96,925.00
5	CLEARWATER INTERNATIONAL FUND	4,23,810	4.33%	291.00	12,33,28,710.00
6	FLORIDA RETIREMENT SYSTEM – ALLSPRING GLOBAL INVESTMENTS, LLC (EMSC)	3,43,689	3.51%	291.00	10,00,13,499.00
7	ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED	7,56,024	7.72%	291.00	22,00,02,984.00
8	HDFC LIFE INSURANCE COMPANY LIMITED	7,56,024	7.72%	291.00	22,00,02,984.00
9	BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD.	7,56,024	7.72%	291.00	22,00,02,984.00
10	MUTHOOT FINANCE LIMITED .	10,30,965	10.53%	291.00	30,00,10,815.00
11	ACM GLOBAL FUND VCC	5,15,508	5.26%	291.00	15,00,12,828.00
12	KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD.	5,15,508	5.26%	291.00	15,00,12,828.00
13	SBI GENERAL INSURANCE COMPANY LIMITED	3,66,003	3.74%	291.00	10,65,06,873.00
14	ASTORNE CAPITAL VCC – ARVEN	3,43,689	3.51%	291.00	10,00,13,499.00
15	MORGAN STANLEY ASIA (SINGAPORE) PTE. – ODI	3,43,689	3.51%	291.00	10,00,13,499.00
16	ICICI LOMBARD GENERAL INSURANCE COMPANY LTD	1,71,870	1.75%	291.00	5,00,14,170.00
17	RELIANCE GENERAL INSURANCE COMPANY LIMITED	1,71,870	1.75%	291.00	5,00,14,170.00
18	CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LTD	1,71,870	1.75%	291.00	5,00,14,170.00
19	PRAMERICA LIFE INSURANCE LIMITED	68,730	0.70%	291.00	2,00,00,430.00
20	PLIL LARGE CAP EQUITY FUND ULIF00427/08/08LARCAPFUND140	49,860	0.51%	291.00	1,45,09,260.00
21	PLIL PARTICIPATING NON-LINKED INDIVIDUAL LIFE FUND LIFE 00108/04/13 LIFETRADP140	50,880	0.52%	291.00	1,48,06,080.00
22	LARGE CAP ADVANTAGE FUND	1,200	0.01%	291.00	3,49,200.00
23	FLEXICAP OPPORTUNITIES FUND	1,200	0.01%	291.00	3,49,200.00
24	INTEGRATED CORE STRATEGIES (ASIA) PTE. LTD.	1,71,870	1.75%	291.00	5,00,14,170.00
25	COPTHALL MAURITIUS INVESTMENT LIMITED – ODI ACCOUNT	1,71,870	1.75%	291.00	5,00,14,170.00
26	SOCIETE GENERALE – ODI	1,71,870	1.75%	291.00	5,00,14,170.00
Total		97,93,812	100.00%		2,84,99,99,292

Share It