My Mudra Fincorp Limited

About the company

## **About  My Mudra Fincorp Limited** Founded in 2013, My Mudra Fincorp has emerged as a leading Channel Partner (DSA) for major Banks and NBFCs across India. Their multifaceted business model effectively combines tele-calling, advertising, direct marketing, referrals, networking, and a unique physical approach to acquire customers for their partners. Specializing in a broad spectrum of financial products, They offer secured loans like home and property loans, unsecured loans including business and personal loans, professional loans, and credit cards. In addition to these, They have recently expanded their offerings to include insurance products, providing a comprehensive suite of financial solutions to meet diverse customer needs. The company is committed to enhancing customer choice and transparency by enabling clients to research and compare a wide array of lending and insurance products. By gathering customers' requirements, we present them with multiple options, detailing costs and features in a straightforward manner. This allows customers to make well-informed decisions and apply to the most suitable financial institutions. Their efficient process ensures quick approval and disbursement of loans, offering competitive interest rates and favorable terms that align with customer expectations. Revenue generation for My Mudra Fincorp is driven by commissions from various business segments. For loan-related services, they earn commissions from lending partners, while their credit card business generates revenue through fees and commissions from card providers. The recent addition of insurance products further diversifies income streams, with commissions from insurer partners contributing to their financial stability. This diverse revenue model supports our operations and fosters sustained growth in the competitive financial services sector. Their extensive client base includes individuals, corporates, and professionals such as Chartered Accountants (CAs) and Company Secretaries (CSs). They provide tailored financial solutions to meet personal aspirations, manage unexpected expenses, and support business growth. Their specialized loan offerings for professionals are designed to offer higher amounts with minimal documentation, reflecting our commitment to addressing specific needs effectively. Additionally, Their corporate clients benefit from customized financing solutions that facilitate business expansion and operational efficiency. With a robust presence across 8 states and an expanding network of over 140 franchise and channel partners, My Mudra Fincorp is dedicated to making financial services accessible in remote areas. Supported by a skilled management team and a dedicated workforce of 143 employees, including an IT and CRM development team, they leverage their market position and technological advancements to deliver exceptional value and service to their customers. My Mudra Fincorp prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Repayment of a portion of certain borrowing availed by the Company  1. Investment in technology development and digital infrastructure  1. To meet Working Capital requirements  1. General Corporate Purpose.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   05 Sept 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   09 Sept 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   07 Sept 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   11 Sept 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   10 Sept 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   12 Sept 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.