Muthoot Microfin, a Kochi-based microfinance institution that focuses on providing micro-loans to women in rural areas, will announce the allotment status of its initial public offering (IPO) on Thursday, December 21.

The Muthoot Microfin IPO, which was open for subscription from December 18 to December 20, had a price band of ₹277 to ₹291 per share.

Checking Allotment Status on Registrar’s Website:

• Step 1: Visit the registrar's website and click on ‘Company Selection'.
• Step 2: Select ‘Muthoot Microfin'.
• Step 3: Enter your PAN, application number, DP/Client ID, or Account number/IFSC.
• Step 4: Click on ‘Search' to view your application status, including the number of shares applied for and allotted.

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Checking Allotment Status on BSE:

• Go to the BSE website.
• Click on ‘Equity’ and select ‘Muthoot Microfin' from the dropdown menu.
• Enter your application number and PAN.
• Click on ‘Search’ to see the number of shares allotted to you.

Muthoot Microfin IPO Details: On its closing day, the IPO achieved a robust subscription rate of 11.50 times. Investors placed bids for 28.04 crore equity shares, surpassing the 2.44 crore shares available. Qualified institutional buyers (QIBs) subscribed to their portion 17.47 times, while non-institutional investors subscribed 13.20 times. The retail segment also participated actively, subscribing 7.57 times, and employees subscribed 4.90 times.

The shares of Muthoot Microfin are scheduled to be listed on the stock exchanges on December 22.

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