Muthoot Microfin to launch Rs 960 crore IPO on Dec 18
时间:2024-06-26 07:30:57 阅读(143)
Muthoot Microfin, the microfinance subsidiary of Muthoot Pappachan group, is set to float its Rs 960 crore initial public offering (IPO) on December 18.
The maiden public issue will conclude on December 20 and the one-day bidding for the anchor investors will open on December 15, according to the red herring prospectus (RHP).
Those selling shares through the OFS are — Greater Pacific Capital WIV Ltd and promoters — Thomas John Muthoot, Thomas Muthoot, Thomas George Muthoot, Preethi John Muthoot, Remmy Thomas and Nina George.
The company plans to use proceeds from the fresh issue for augmenting its capital base, to meet future capital requirements.
Delhi-based Muthoot Microfin is promoted by Muthoot Fincorp, which is the third-largest gold loan player and the flagship firm of Muthoot Pappachan group. ICICI Securities, Axis Capital, JM Financial and SBI Capital Markets are the book-running lead managers to the issue.
上一篇:Paradeep Phosphates Rs 1,500-crore IPO opens today; should you subscribe- Here’s what brokerages say
猜你喜欢
- Nifty witnessing range bound activity after sharp bounce back; Federal Bank, Tata Steel among stocks to buy
- Petrol and diesel price April 26- Fuel cost steady; Check prices in Delhi, Mumbai, other cities here
- Petrol and diesel price April 22- Fuel cost remains unchanged; Check prices in Delhi, Mumbai here
- Bank Nifty loses momentum, Nifty unable to top highs; VIX key to future movements, optimistic of recovery
- Assam Floods- Brahmaputra flowing above warning level, thousands affected - IN PICS
- North Korea’s Kim vows to launch 3 more spy satellites and produce more nuclear materials in 2024
- Petrol and diesel price July 7- Fuel rates unchanged; Check prices in Delhi, Mumbai, other cities here
- Nifty to trade with positive bias, resistance at 18018; buy Asian Paints, Havells stocks to pocket gains
- Nifty valuation no more in bubble, but FII selling, inflation, other headwinds keep investors on toes