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Asirvad Micro Finance IPO Date, Price, Lot Size & More: Upcoming IPO

Posted by : sachet | Wed Oct 08 2025

Asirvad Micro Finance IPO Date, Price, Lot Size & More: Upcoming IPO

Sign Up to Get the Latest Updates on Asirvad Micro Finance IPO

The IPO opening date for the Asirvad Micro Finance IPO has not been announced yet, but the company has already filed its DRHP with SEBI/Exchange on [.], and SEBI approval was received on [.]. It is a bookbuilding IPO of  ₹190 crore shares. Asirvad Micro Finance IPO is one of the topmost upcoming IPO that will be listed on NSE and BSE, and the tentative date is yet to be announced.

Asirvad Micro Finance IPO Details

The Asirvad Micro Finance IPO date is not fixed yet. The face value of Asirvad Micro Finance shares stands at ₹10 per share, and the IPO price band is fixed at [.] to [.] per share.

MUFG Intime India Private Limited is the registrar of the Asirvad Micro Finance IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.

Asirvad Micro Finance IPO Details 

IPO Open DateYet to be announced
IPO Close DateYet to be announced
Face Value₹10 per share
Lot Size[.]
IPO Allotment Date–
Refund initiation–
Total Issue [.]
Fresh Issue[.]
Offer for sale[.]
Shareholding Pre-Issue [.]
Price Band[.] to [.] per share
Issue Type Bookbuilding IPO
Listing AtBSE & NSE
Listing Date[.]

Asirvad Micro Finance IPO GMP 

Note: Asirvad Micro Finance is yet to open. We will update the Asirvad Micro Finance GMP once an official announcement is made.

Asirvad Micro Finance IPO DRHP Status

DescriptionDate
DRHP Filled With[.]
SEBI approval received [.]

Asirvad Micro Finance IPO Review

Check out the detailed Asirvad Micro Finance IPO review for a thorough understanding of its potential to report listing gains. The Asirvad Micro Finance IPO review will help you invest effectively to avoid significant losses. Explore more to make an informed Investment decision on this IPO.

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s financial growth margins and declines before applying for the Asirvad Micro Finance IPO.

Asirvad Micro Finance Limited’s revenue increased by 25.38% from ₹1,367.89 crores in March 2023 to ₹1,715.95 crores in March 2024. Moreover, the company’s PAT increased by [.]% from ₹[.] crores to ₹[.] crores. Investors can analyse other relevant factors and make a decision accordingly.

Asirvad Micro Finance Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for Milky Mist Dairy Foods’ IPO, particularly for its tentative listing day.

Technical Analysis

Some technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Asirvad Micro Finance IPO

Key IndicatorsValue
PE Ratio (Price-to-Earnings) [.]
EPS (Earnings Per Share)[.]
RoNW[.]
ROCE[.]
ROE[.]
EBITDA Margin[.]
Price to Book Value[.]
Market Capitalisation[.]

The PE ratio of Asirvad Micro Finance Limited’s share is [.], and its Earnings Per Share (EPS) stands at 3.06. Thus, the IPO of Asirvad Micro Finance Limited can deliver gains on its tentative listing day.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Asirvad Micro Finance Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio[.][.]
EPS [.][.]

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About the Asirvad Micro Finance Limited Company Overview

Asirvad Micro Finance Ltd is a non-banking finance company MFI offering microfinance loans to low-income women. The company is the third-largest MFI in India in terms of assets under management (AUM) as of March 31, 2023, with microfinance loans comprising 92.59% of its AUM.

Asirvad Micro Finance Limited Financials

The company’s financial analysis is essential before applying for the IPO of Asirvad Micro Finance Limited. Look at the table to learn about Asirvad Micro Finance Limited’s financials. 

Year Ended31st March 2023 (in cr.)31st March 2022 (in cr.)
Assets
Revenue1715.191367.89
Profit After Tax
Net Worth 14.471.3
Total Borrowing 
Reserves & Surplus

Explanation

Asirvad Micro Finance Limited’s revenue increased by 25.38% from ₹1,367.89 crores in March 2023 to ₹1,715.95 crores in March 2024. Moreover, the company’s PAT increased by [.]% from ₹[.] crores to ₹[.] crores. Investors can analyse other relevant factors and make a decision accordingly.

Asirvad Micro Finance IPO Promoter Holdings

Have a look at the table below to check the holdings of Asirvad Micro Finance Limited’s promoters: 

Share Holding Pre-Issue[.]
Share Holding Post-Issue[.]

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Asirvad Micro Finance IPO Objectives

The primary aim of Asirvad Micro Finance’s IPO is to raise ₹ 1500 crore.

Should I Invest in the Asirvad Micro Finance IPO?

Explore the pros and cons of the Asirvad Micro Finance IPO to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO’s potential to deliver profits in the coming decades.

Pros of Asirvad Micro Finance IPO

  • The company has the most extensive and diversified MFI in terms of geographical spread.
  • The company has the third-largest MFI in terms of AUM
  • The company has a low-cost liability franchise

Cons of Asirvad Micro Finance IPO

  • Asirvad Micro Finance experiences non-payments or defaults due to the profile of borrowers in the microfinance industry.
  • The company’s quality of its portfolio may be impacted due to the higher levels of non-performing assets.

How to Invest in the Asirvad Micro Finance IPO?

Asirvad Micro Finance has not opened yet. And most investors are still waiting for it. Here is how you will invest in Ayethe  Finance IPO after its opening. 

  • Open a demat account or use your existing demat account to make a bid. 
  • Navigate to the Asirvad Micro Finance section to make an application.
  • Select the number of lots you want to apply for and proceed with your application further. 
  • Once you have applied for the Asirvad Micro Finance  IPO, you will receive a mandate request on the selected mode of transaction.
  • Approve the mandate request and get your application number instantly. 

How to Check Asirvad Micro Finance IPO Allotment Status?

You can check for the Asirvad Micro Finance IPO allotment in different ways. These include NSE and the registrar portal. Refer to the steps below to check your allotment status online.

Check On NSE

  • Visit the NSE Official Website.
  • Navigate to the IPO Allotment Section. 
  • Select Equity as the issue type. 
  • Choose the Asirvad Micro Finance IPO.  
  • Choose whether to proceed with the PAN number or the application number.
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal. 
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your Asirvad Micro Finance allotment status.

Let’s Wrap

Kfin Technologies Limited has recently filed for Asirvad Micro Finance worth ₹1,500 crores with SEBI via a confidential route. The issue is subject to the approval of SEBI. Investors are cautious about Asirvad Micro Finance’s IPO details, such as issue date, price band, lot size, subscription, and other key information.

Stay informed with Univest to get regular updates on the Asirvad Micro Finance  IPO, GMP, subscription, and more!

FAQs on Asirvad Micro Finance IPO

When did Asirvad Micro Finance file IPO draft papers?

Ans. Asirvad Micro Finance filed its updated draft papers with SEBI for an IPO of up to ₹1,500 crore shares on[.].

What are the uses of IPO proceeds?

Ans. Asirvad Micro Finance has raised funds through its IPO to expand its business operations. 

Is Asirvad Micro Finance a publicly listed company?

Ans. Asirvad Micro Finance is listed on stock exchanges, making it a publicly traded company. Airox Technolowent went public through an IPO filing of ₹1,500 crores worth of shares.

What is the issue size for Mist Dairy Foods?

Ans. It is a bookbuilding IPO comprising a fresh issue and offer for sale to raise approximately ₹1,500 crore shares. 

Is Asirvad Micro Finance good?

Ans:  Asirvad Micro Finance Limited’s revenue increased by 25.38% from ₹1,367.89 crores in March 2023 to ₹1,715.95 crores in March 2024. Moreover, the company’s PAT increased by [.]% from ₹[.] crores to ₹[.] crores. Investors can analyse other relevant factors and make a decision accordingly.

Who will be the registrar of the Asirvad Micro Finance IPO?

Ans. According to recent updates, MUFG Intime India Private Limited will be the registrar responsible for managing allotment and refund procedures. For any queries regarding Asirvad Micro Finance GMP, allotment, and refund, please contact MUFG Intime India Private Limited at +91-22-4918 6270. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To obtain detailed information about the Asirvad Micro Finance IPO, please wait for the RHP and DRHP to be released by Milky Mist Dairy Foods. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.

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