Muthoot Finance IPO, Review, IPO Performance by IPOPlatform India

About Muthoot Finance

Company Information

Muthoot Finance Limited is the largest gold financing firm in India in terms of loan portfolio, specializing in providing personal and business loans secured by gold jewellery, known as Gold Loans. These loans are primarily offered to individuals who own gold jewellery but are unable to access formal credit or may not have access to credit at all. The company helps meet short-term liquidity requirements for such customers.

As of March 31, 2010, the company's Gold Loan portfolio comprised approximately 2.8 million loan accounts, serviced through 1,605 branches across 20 states and two union territories in India. According to the IMaCS Industry Report 2009, the company had the largest branch network among gold loan non-banking financial companies (NBFCs) in India. By August 31, 2010,

Object of Issue

To augment capital base to meet future capital requirement to provide for funding of loans to customers
General Corporate Purposes

Muthoot Finance MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

May, 2011

IPO Size :

901.25 Cr.

IPO Subscription :

24.55 X

PE Multiple :

24.85

Merchant Banker :
Hdfc Bank Limited

IPO Registrar:
Link Intime India Private Limited

FAQs

1. What is Muthoot Finance IPO?

Muthoot Finance operates in Banking And Finance and NBFC. The Issue is listed on MainBoard in May, 2011. Muthoot Finance IPO size was 901.25 Cr. with Issue price of 175.00 .

2. Who is the merchant banker of Muthoot Finance IPO?

Merchant Banker(s) of Muthoot Finance IPO: Hdfc Bank Limited , ICICI Securities Limited , Kotak Mahindra Capital Company Limited

3. How many times Muthoot Finance IPO was subscribed?

Muthoot Finance IPO subscription was 24.55 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Muthoot Finance IPO?

Muthoot Finance IPO listed at a listing price of 176.25 against the offer price of 175.00.

5. What is the current market price of Muthoot Finance IPO?

The current market price of Muthoot Finance is 2382.90.