What is Muthoot Finance IPO?
Muthoot IPO is a main-board IPO of 51,500,000 equity shares of the face value of ₹10 aggregating up to ₹901.25 Crores. The issue is priced at ₹160 to ₹175 per equity share. The minimum order quantity is 40 Shares. The IPO opens on Apr 18, 2011, and closes on Apr 21, 2011.
Is Muthoot Finance a public limited company?
Muthoot Finance Ltd. The company was converted into a public limited company on November 18, 2008 with the name “Muthoot Finance Limited” and received a fresh certificate of incorporation consequent upon change in status on December 02, 2008 from the RoC.
Can I invest in Muthoot Finance?
We offer you the flexibility to invest with sums starting as low as Rs. 500 per month. The investment is flexible in terms of tenure, liquidity and financial objectives. The Muthoot read more.
Is Muthoot Finance Govt or private?
Corporate background The company was incorporated as a private limited company on 14 March 1997 with the name “The Muthoot Finance Private Limited” under the Companies Act. On 18 November 2008, the company was converted into a public limited company with the name “Muthoot Finance Limited”.
Which are the upcoming IPOS in India?
Upcoming IPOs in 2021
| IPO | Tentative Issue Size (in Rs. Crores) | Tentative Issue Date |
|---|---|---|
| Srei Equipment Finance | 1,100 | 2021 |
| Apeejay Surrendra Park Hotel | 1,000 | 2021 |
| ESAF Small Finance Bank | 998 | 2021 |
| Inspira Enterprise India Ltd. | 800 | 2021 |
What type of NBFC is Muthoot Finance?
non-banking financial company
Muthoot Finance Limited is a gold financing company. The company is a non-banking financial company (NBFC) which is engaged in providing loan (financing) against collateral of gold jewellery.
Where is Muthoot Finance head office?
Kochi, India
Muthoot Finance/Headquarters
Is Muthoot Finance FD safe?
Muthoot Capital Services Ltd. is a registered Non-Banking Financial Company (NBFC) with a “Stable” long term CRISIL rating. Muthoot Capital Fixed Deposit has a FA+ rating awarded by CRISIL with a “Stable” outlook. FA+ indicates “Adequate or Satisfactory Safety”.
How safe is Muthoot Finance NCD?
The issue has been rated A+ with a stable outlook by Crisil Ltd. According to the company, instruments with this rating are considered to have an adequate degree of safety regarding timely servicing of financial obligations.
Who is founder of Muthoot?
M George Muthoot
Muthoot Finance/Founders
Is Muthoot finance a NBFC?
Muthoot Finance Limited is a gold financing company. The company is a non-banking financial company (NBFC) which is engaged in providing loan (financing) against collateral of gold jewellery. The company has a network of more than 5,190 branches all over India.
