Mitrata Inclusive Financial Services Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on May 8, 2025.
Mitrata Inclusive Financial Services Ltd. IPO was a Book Build Issue
The equity shares were proposed to be listed on the NSE SME. Fedex Securities Pvt.Ltd. was the book running lead manager and MUFG Intime India Pvt.Ltd. was the registrar of the issue.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | [.] to [.] per share |
Lot Size | |
Sale Type | Fresh Capital-cum-Offer for Sale |
Fresh Issue | 65,07,571 shares (aggregating up to ₹[.] Cr) |
Offer for Sale | 6,92,429 shares of ₹10 (aggregating up to ₹[.] Cr) |
Issue Type | Bookbuilding IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 25,76,840 shares |
Share Holding Post Issue | 90,84,411 shares |
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
NII Shares Offered | Not less than 15% of the Net Issue |
Description | Date |
---|---|
Offer document withdrawn | |
Filed with SEBI/Exchange | Tue, Sep 3, 2024 |
Offer document withdrawn | Thu, May 8, 2025 |
Incorporated in 1985, Mitrata Inclusive Financial Services Limited is a Non-Banking Financial Company (NBFC) and Microfinance Institution (MFI) dedicated to providing credit facilities to marginalized, excluded, and vulnerable communities for enterprise development and essential needs.
Mitrata Inclusive Financial Services Limited offers a range of microfinance loans, with products designed to promote financial inclusion. These include loans extended to rural women through the Joint Liability Group (JLG) model, individual loans for underserved micro and small entrepreneurs, and Water, Sanitation, and Hygiene (WASH) loans.
The company also offers credit-linked insurance products to its borrowers, reinforcing its commitment to comprehensive financial security.
As of March 31, 2024, Mitrata’s operations spanned 34 districts across five Indian states, managed through 71 branches and a dedicated team of 602 employees.
The company served approximately 1.00 lakh active customers, including managed portfolio accounts. Throughout the last financial year, Mitrata onboarded 0.86 lakh customers via its omnichannel, fully paperless, “phygital” model — an integration of physical outreach and digital technology — facilitating disbursements and collections.
As part of this strategy, the company collected ₹5,934.97 lakh from customers through 100% digital processes.
Mitrata’s funding needs are supported by a network of financial institutions, including SIDBI, State Bank of India, Indian Overseas Bank, Union Bank of India, Caspian Impact Investment Private Limited, Northern Arc Capital Limited, and Vivriti Capital Private Limited.
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 228.19 | 197.75 | 154.29 |
Total Income | 54.24 | 42.29 | 31.87 |
Profit After Tax | 5.5 | 4.13 | 0.12 |
Net Worth | 38.12 | 32.83 | 26.7 |
Reserves and Surplus | 19.68 | 14.39 | 9.09 |
Total Borrowing | 181 | 157.98 | 120.72 |
Amount in ₹ Crore |
KPI | Values |
---|---|
RoNW | 14.43% |
Pre IPO | Post IPO | |
---|---|---|
EPS Rs | 21.35 | 6.06 |
The Company Mitrata Inclusive Financial Services IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (in Millions) |
---|---|---|
1 | To meet future capital requirements towards onward lending | 144 |
2 | General corporate purposes |
Mitrata Inclusive Financial Services Ltd.
Office No. 223, 2nd Floor,
Vardhman Dwarka Dheesh, Plot No 3,
Sec-10, Dwarka, New Delhi - 110075
New Delhi, New Delhi, 110075
Phone: +91 1145073550
Email: compliance@mitrata.in
Website: http://www.mitrata.in/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: mitrata.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Mitrata Inclusive Financial IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Mitrata Inclusive Financial IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Mitrata Inclusive Financial IPO using UPI as a payment gateway. Zerodha customers can apply in Mitrata Inclusive Financial IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Mitrata Inclusive Financial IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Mitrata Inclusive Financial IPO dates are not announced. Please check back again after some time.
Mitrata Inclusive Financial IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Mitrata Inclusive Financial IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Mitrata Inclusive Financial IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Mitrata Inclusive Financial IPO allotment status.
The Mitrata Inclusive Financial IPO listing date is not yet announced. The tentative date of Mitrata Inclusive Financial IPO listing is [.].
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