Muthoot Microfin to launch Rs 960 crore IPO on Dec 18
时间:2024-09-29 04:58:17 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:AIFs slammed for circumvention of regulations
(The stock recommendations in this story are by the respective research analysts and brokerage firms. FinancialExpress.com does not bear any responsibility for their investment advice. Capital markets investments are subject to rules and regulations. Please consult your investment advisor before investing.)
猜你喜欢
- Rupee opens higher, likely to depreciate in near-term; USDINR may breach 82 level again in coming days
- Tata Metaliks, ONGC, Oberoi Realty, BEML among 104 stocks that hit 52-week highs; 14 touch 52-week lows
- Rupee may remain rangebound amid sliding crude prices, weak WPI inflation data; USDINR to trade in this range
- Surat’s weavers battle soaring import bills
- Rupee to appreciate on softening crude prices, DXY to face hurdles near 102
- As long as Nifty 50 above 18,600, positive sentiment to continue; Granules India, GAIL among stocks to buy
- Sula Vineyards IPO share allotment- know date, GMP; check how to see status online
- After hours with Rachna Baruah, founder, Madchatter Brand Solutions
- Tata Steel, Kotak Bank, RVNL, NTPC, Adani Green Energy, Nestle India, Coal India, NDTV stocks in focus