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

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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

 

 

 

Book Running Lead Managers to the Issue:

 

ICICI Securities Limited, Axis Capital Limited, JM Financial Limited and SBI Capital Markets Limited are the book running lead managers to the Offer.