Muthoot Microfin has debuted at Rs 278.00 on the BSE, down by 13.00 points or 4.47% from its issue price of Rs 291.00.
The scrip is currently trading at Rs 271.20, down by 19.80 points or 6.80% from its issue price. It has touched a high and low of Rs 280.80 and Rs 265.30 respectively. So far 4.75 lakh shares were traded on the counter.
The offering, which was open for subscription between December 18, 2023 and December 20, 2023 was subscribed 12.30 times. The issue price was fixed at Rs 291 per share i.e. at upper end of price band of Rs 277-291 apiece.
Muthoot Microfin is primarily engaged in providing financial assistance through micro loans to women engaged in small income generating activities.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 918.55 |
| Shriram Finance | 1045.05 |
| Aditya Birla Capital | 341.30 |
| Chola Invest & Fin. | 1568.80 |
| Tata Capital | 335.25 |
| View more.. | |
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