Belstar Microfinance IPO Date, Price, Lot Size & More: Upcoming IPO

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The IPO opening date for the Belstar Microfinance IPO has not been announced yet. Still, the company has already filed its DRHP with SEBI/Exchange on 6th May 2024, and SEBI approval was received on 30th August 2025. It is a bookbuilding IPO of  ₹1,300.00 crore shares. Belstar Microfinance 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.

Belstar Microfinance IPO Details

The Belstar Microfinance IPO date is not fixed yet. The face value of Belstar Microfinance 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 Belstar Microfinance IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.

Belstar Microfinance IPO Details 

Belstar Microfinance IPO GMP 

Note: Belstar Microfinance is yet to open. We will update the Belstar Microfinance GMP data once an official announcement is made.

Belstar Microfinance IPO DRHP Status

Belstar Microfinance IPO Review

Check out the detailed Belstar Microfinance IPO review for a thorough understanding of its potential to report listing gains. The Belstar Microfinance 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 Belstar Microfinance IPO.

Belstar Microfinance Limited’s revenue increased by 42.48% from ₹728.43 crores in March 2022 to ₹1,037.92 crores in March 2023. Moreover, the company’s PAT increased by 188.78% from ₹45.13 crores to ₹130.33 crores. Investors can analyse other relevant factors and make a decision accordingly.

Belstar Microfinance 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 Belstar Microfinance IPO.

The PE ratio of Belstar Microfinance Limited’s share is [.], and its Earnings Per Share (EPS) stands at 23.76. Thus, the IPO of Belstar Microfinance 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 Belstar Microfinance Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics. 

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About the Belstar Microfinance Limited Company Overview

Belstar Microfinance Limited is a Non-Banking Finance Company – Micro Finance Institution (NBFC-MFI) that provides small-ticket loans to individuals, mainly women, in rural and semi-urban areas to support income-generating activities, household needs, education, and emergencies. The company aims to promote financial inclusion and empower women through microfinance services. Belstar Microfinance Limited was established in 1988. Belstar Microfinance Limited was acquired in 2008 by Dr Kalpanaa Sankar, the Managing Director and one of the Promoters. The company is part of the Muthoot Finance Group. Muthoot Finance Limited, a listed corporate promoter, holds a 66.13% stake in the company as of December 31, 2023.

Belstar Microfinance Limited Financials

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

Explanation

Belstar Microfinance Limited’s revenue increased by 42.48% from ₹728.43 crores in March 2022 to ₹1,037.92 crores in March 2023. Moreover, the company’s PAT increased by 188.78% from ₹45.13 crores to ₹130.33 crores. Investors can analyse other relevant factors and make a decision accordingly.

Belstar Microfinance IPO Promoter Holdings

Have a look at the table below to check the holdings of Belstar Microfinance Limited’s promoters: 

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

Belstar Microfinance IPO Objectives

The primary aim of Balaji Special Chemicals’ IPO is to raise ₹1,300 crore. On the other hand, Belstar Microfinance has decided to utilise these funds in different ways.

1. To meet future capital requirements towards onward lending.
2. For General corporate purposes.

Should I Invest in the Belstar Microfinance IPO?

Explore the pros and cons of the Belstar Microfinance 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 Belstar Microfinance IPO

• The company has a strong growth potential in scale and AUM
• The Muthoot Finance group backs the company 
• The compnmay has strong credit rating

Cons of Belstar Microfinance IPO

• Belstar Microfinance has a weak financial performance 
• The company has high credit risk and NPA Concerns
• The company has a operating costs and credit costs are rising

How to Invest in the Belstar Microfinance IPO?

Belstar Microfinance 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 Belstar Microfinance 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 Belstar Microfinance  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 Belstar Microfinance IPO Allotment Status?

You can check for the Belstar Microfinance IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned 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 Belstar Microfinance 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 Belstar Microfinance allotment status.

Let’s Wrap

Belstar Microfinance is once again gathering investors’ attention with a positive announcement to be made officially on 30th August 2024. Kfin Technologies Limited has recently filed for Belstar Microfinance worth ₹1,300.00 crores with SEBI via a confidential route. The issue is subject to the approval of SEBI. Investors are cautious about the Belstar Microfinance IPO details, including the issue date, price band, lot size, subscription, and other key information.

Stay informed with Univest to get regular updates on the Belstar Microfinance  IPO, GMP, subscription, and more!

FAQs on Belstar Microfinance IPO

When did Belstar Microfinance file IPO draft papers?

Ans. Belstar Microfinance filed its updated draft papers with SEBI for an IPO of up to ₹1,300.00 crore shares on 6th May 2024.

What are the uses of IPO proceeds?

Ans. Belstar Microfinance has raised funds through its IPO to expand its business operations. 

Is Belstar Microfinance a publicly listed company?

Ans. Belstar Microfinance is listed on the stock exchange, making it a publicly listed company. Belstar Microfinance had gone public through an IPO filing of ₹1,300.00 crore shares.

What is the issue size for Mist Dairy Foods?

Ans. It is a book-building IPO comprising a fresh issue and an offer for sale to raise approximately ₹ 1,300 crore in shares. 

Is Belstar Microfinance good?

Ans:  Belstar Microfinance Limited’s revenue increased by 42.48% from ₹728.43 crores in March 2022 to ₹1,037.92 crores in March 2023. Moreover, the company’s PAT increased by 188.78% from ₹45.13 crores to ₹130.33 crores. Investors can analyse other relevant factors and make a decision accordingly.

Who will be the registrar of the Belstar Microfinance IPO?

Ans. As per the recent updates, MUFG Intime India Private Limited will be the registrar responsible for managing allotment and refund procedures. For any queries regarding Belstar Microfinance’s GMP, allotment, and refund, please contact MUFG Intime India Private Limited at belstar.ipo@linkintime.co.in  or +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 Belstar Microfinance IPO, please wait for the RHP and DRHP to be released by the company. 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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