Whats your thought on My Mudra Fincorp IPO?

27°
Deal Lieutenant
prodime17
My Mudra Fincorp Limited was incorporated in 2013 and acts as a Channel Partner (DSA) for major banks and NBFCs in India.

My Mudra Fincorp IPO opens for subscription on September 5, 2024 and closes on September 9, 2024. The allotment for the My Mudra Fincorp IPO is expected to be finalized on Tuesday, September 10, 2024. My Mudra Fincorp IPO will list on NSE SME with tentative listing date fixed as Thursday, September 12, 2024.
IPO Date September 5, 2024 to September 9, 2024
Listing Date [.]
Face Value ₹10 per share
Price Band ₹104 to ₹110 per share
Lot Size 1200 Shares
GMP & Expected Return is Not available
To Apply for IPO:

My View- This year it shows a good profit as compared to last year. Looking at the EPS and NAV it looks basic, though the PE is not given, so not sure about going in.

Let me know what you guys think about this.
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
replyuser
Click here to reply
Reply