Belstar Microfin files papers for Rs 1,300-crore IPOThe company is a NBFC-MFI (non-banking finance company - micro finance institution) offering loan products, such as micro enterprise, small...
Muthoot Microfin announces foray in TelanganaMuthoot Microfin, a part of Muthoot Pappachan Group, provides financial assistance through income-generating microloans to women engaged in...
Muthoot Microfin expands into Telangana, plans entry into Andhra Pradesh by JuneMuthoot Microfin, a Kerala-based NBFC-MFI, is expanding its operations in Telangana and planning to enter Andhra Pradesh by June. The compa...
Muthoot Microfin IPO sails through on last day of biddingMuthoot Microfin IPO: The IPO was oversubscribed 11.5 times, according to stock exchange data. The qualified institutional buyer category w...
26 anchor investors put in Rs 285 crore in Muthoot Microfin ahead of IPOThe IPO-bound NBFC-MFI has allocated a total of 98 lakh equity shares to anchor investors at Rs 291 apiece.The company, a part of the Mutho...
Muthoot Microfin lowers IPO size as promoters want lesser dilutionThe IPO, which will hit the market on December 18 with a price band of Rs 277 to Rs 291 per equity share, comprises fresh issue of equity s...
Muthoot Microfin gets Sebi approval for Rs 1,350-crore IPOThe NBFC-MFI had filed draft papers with the market regulator in early July seeking approval for the IPO, which comprises a fresh issue of ...
Muthoot Microfin refiles DRHP with Sebi for Rs 1,350 crore IPOMuthoot Microfin, the microfinance subsidiary of Muthoot Pappachan group, has filed draft papers with market regulator Securities and Excha...
Motilal Oswal Financial Services neutral on Muthoot Finance, target price: Rs 1140Muthoot Finance, incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 40243.08 Crore) operating in NBFC sector.
Muthoot Pappachan Group plans Rs 1,800-cr IPO for MFI armThe company is planning to raise Rs 1,200 crore of primary capital, and there can be a small offer for sale by the external investors, but ...
Muthoot Microfin to raise $25 million from Swiss investor ResponsAbilityThe first tranche of $15 million was executed on October 15 after receiving regulatory approval while the balance of $10 million is schedul...
Pressure on ROEs of gold loan cos an area of concern: ICICI SecuritiesIn July, Investec Securities had downgraded its ratings on Muthoot and Manappuram to hold from buy, viewing them as value traps in the cont...
Muthoot Finance ups stake in subsidiary Belstar to 64.6%"The company has further acquired 1,728,571 equity shares of nominal value of Rs 10 each at a total price of Rs 7.26 crore from existing sh...
Vodafone bets on enterprise business to drive growthGliddon said the company has tied up with Bharat Financial Inclusion and Muthoot MFI for disbursement, collection and digitisation of loans.
Muthoot Microfin to divest 15% stake for 150 croreMuthoot Pappachen Group firm Muthoot Microfin said it is looking to divest up to 15 per cent stake to an overseas private equity firm for a...
Muthoot Fincorp to raise about Rs 1,800 crore this yearMuthoot Fincorp, the flagship company of Muthoot Pappachan Group, today said it is looking at raising close to Rs 1,800 crore through vario...
- Muthoot ties up with Accion of US to boost lending in micro-fin sector
US-based Accion International helps people out of poverty through micro loans, business training and other financial services.