My Mudra Fincorp IPO

Don't have a Sharekhan account?
Open demat account in 15 mins*!

More about the IPO Company details How to apply IPO online How does an IPO work?

Company Details

My Mudra Fincorp Ltd functions as a Channel Partner (DSA) for major Banks and NBFCs operating in India. Their business model integrates tele-calling, advertising, direct marketing, referrals, networking, and a combined physical and digital (physital) marketing approach to acquire customers for the banks and NBFC’s.

Specializing in the distribution and sales of a diverse range of financial products as channel partner, theyoffer secured loans such as home loans and loans against property, unsecured loans like business loans and personal loans, professional loan as well as credit cards to the procured customers. Recently, theyhave expanded their services to include the distribution of insurance products. Through their dedication to offering exceptional financial solutions and consultancy services, theyhave distinguished ourselves in the highly competitive and ever-evolving Indian financial services sector.

They provide their customers with the ability to research and compare a wide range of lending and insurance products offered by their lending and insurer partners, enhancing choice and transparency. Once customers share their requirements, theypresent multiple options, detailing related costs and features in a clear and simple manner, enabling informed decisions for applications to the appropriate financial institutions, such as banks or NBFCs. Upon credit approval, the loan is conveniently sanctioned. Their company ensures faster service and disbursement of loans at the most competitive interest rates and terms acceptable to the customers. They generate revenues from the commissions theyreceive through their various business segments. For their loan-related business, theyearn commissions from their lending partners. In their credit card-related business, theyreceive commissions and fees from the credit card providers. Additionally, theyhave recently started an insurance business, from which theywill receive revenue through commissions from their insurer partners. These sources form the backbone of their revenue generation strategy, ensuring a steady stream of income from their diverse financial product offerings.

They are proud to have established their presence in 8 states across India, namely Chandigarh, Delhi, Haryana, Maharashtra, Odisha, Uttrakhand, Rajasthan including their registered office and corporate office in New Delhi. They also have presence in other states like Bihar, Uttar Pradesh, Jharkhand, Gujarat, Goa, Telangana, West Bengal, Chhattisgarh etc. through their franchise or channel partners. Their network comprises 9 branches, more than 140 franchise/channel partners and Sub DSAs. Their expansion strategy is driven by a commitment to mitigating the financial challenges faced by individuals and corporates in remote areas. As part of this mission, we've extended their reach by setting up branches in these regions, ensuring financial services are accessible to all.

Log in to the Mirae Asset Sharekhan app and tap the hamburger menu.
Under the EQUITY dropdown option, tap IPO/OFS/BOND to land on the IPO dashboard.
Click on the Current IPO tab and select the IPO of your choice.
On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
Now enter your UPI ID (make sure this UPI ID is connected to your Mirae Asset Sharekhan-mapped bank account) on the form.
Read and accept the Terms & Conditions and click on the SUBMIT button. Recheck the details on the order confirmation screen and confirm the order.
Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well.
Log in to your UPI app and go to the pending mandates section.
Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.

Note: The actual amount will be debited when the shares are allotted to you.

How to apply for an IPO on the Mirae Asset Sharekhan app

How to apply for an IPO on the Mirae Asset Sharekhan website

Log in to the Mirae Asset Sharekhan website and click the IPO & OTHERS menu option you see on the top-right.
From the list of Active IPOs, select the IPO of your choice
On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
Now enter your UPI ID (make sure this UPI ID is connected to your Mirae Asset Sharekhan-mapped bank account) on the form. Read and accept the Terms & Conditions and click on the SUBMIT button.
Recheck the details on the order confirmation screen and confirm the order.
Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well. Log in to your UPI app and go to the pending mandates section.
Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.
Your IPO order will now appear on your Mirae Asset Sharekhan Order Book, from where you can modify or cancel your IPO bid if you so wish.

Note: The actual amount will be debited when the shares are allotted to you.

How does an IPO work?

An IPO offers share market participants like you and me an opportunity to be a shareholder in an erstwhile privately held company that is now going public and being listed on the market. Historically speaking, investors who choose the right IPOs make significant returns on their investments, which increases the attraction of IPOs.

Once you are a shareholder, you are eligible to receive dividends from the company proportional to the shares you own. You can also sell your stocks for profit on the stock exchange.

In exchange for its shares, the company has an opportunity to raise huge capital to be used to further enhance its business and scale up its operations. The company also has other benefits, such as credibility; visibility; better leverage to effect mergers, acquisitions and even to procure loans at lower rates of interest.

In India, the entire IPO process is ably regulated by the Securities & Exchange Board of India (SEBI), right from the IPO filing by the company to the bidding, allotments and refunds (in case you aren't allotted shares due to oversubscription).

IPO Calendar

List of IPOs

Schloss Bangalore Ltd.

Price: 413 - 435 | IPO Lot Size: 34 | IPO Issue Size: NA
Open Date: 26 May 2025 | Close Date: 28 May 2025

My Mudra Fincorp IPO

Company Details

How to apply for an IPO on the Mirae Asset Sharekhan app

How to apply for an IPO on the Mirae Asset Sharekhan website

How does an IPO work?

IPO Calendar

List of IPOs

Schloss Bangalore Ltd.

Aegis Vopak Terminals Ltd.

Unified Data- Tech Solutions Ltd.

Astonea Labs Ltd.

Prostarm Info Systems Ltd.

Nikita Papers Ltd.

Blue Water Logistics Ltd.

Scoda Tubes Ltd.

Neptune Petrochemicals Ltd.

Go Airlines (India) Ltd.

Snapdeal Ltd.

National Securities Depository Ltd.

Lava International Ltd.

Navi Technologies Ltd

BMW Ventures Ltd.

VLCC Healthcare ltd

Oravel Stays Ltd.

Seven Seaz Vacations Ltd.

Sunshine Pictures Ltd.

Wework India Management Pvt. Ltd.

India1 Payments Pvt. Ltd.

Genius Consultants Ltd

Indogulf Cropsciences Ltd.

Innovision Ltd.

SIS Cash Services Pvt. Ltd.

Viney Corporation Ltd.

Api Holdings Ltd.

Survival Technologies Ltd.

Onest Ltd.

Park Smart Solutions Ltd.

Netanalytiks Technologies Ltd.

Skill Tree Consulting Ltd.

Icon Facilitators Ltd.

Durgadevi Raiment Ltd.

Ultra Rich Weddings Ltd.

Repono Ltd.

Inductus Ltd.

Sugs Lloyd Ltd.

Healthvista India Ltd.

Valencia India Ltd.

Safecure Services Ltd.

Earthood Services Ltd.

Shanti Gold International Ltd.

Euro Pratik Sales Ltd.

Innovatiview India Ltd.

SSBA Innovations Ltd.

National Stock Exchange of India Ltd.

SKIL Infrastructure Ltd.

J K Files & Engineering Ltd.

Avana Logistek Ltd.

Shree Shubham Logistics Ltd.

UIC Udyog Ltd.

Bajaj Energy Ltd.

Advanced Systems Automation Ltd.

BVG India Ltd.

Speciality Molecules Ltd.

Genera Agri Corp Ltd.

Usher Eco Power Ltd.

Wapcos Ltd.

Sahajanand Medical Technologies Pvt.Ltd.

Star Agriwarehousing & Collateral Managment Ltd.

M K Roy & Bros Projects Pvt.Ltd.

Asianet Satellite Communications Ltd.

TV Vision Ltd.

Adlabs Entertainment LLC

Videocon D2h Ltd.

Deltatech Gaming Ltd.

Bluestone Jewellery And Lifestyle Pvt. Ltd.

Adcounty Media India Ltd.

Amar Ujala Publications Ltd.

Rachit Prints Ltd.

Sresta Natural Bio Products Pvt.Ltd.

Corrtech International Pvt.Ltd.