Searched for
MUTHOOT FINCORP FUNDRAISE
Gold loans are no longer merely the last source of credit for the poor: Shaji Varghese, CEO, Muthoot FinCorpMuthoot Fincorp is gearing up for a monumental ₹4,000 crore IPO, seeking to ignite its expansion plans and harness the momentum of its curr...
Muthoot Microfin plans Rs 375-crore bond issueMuthoot Microfin is planning to raise ₹375 crore by selling bonds to high net worth individuals, following a recent $15 million fundraise f...
India Inc doubles up on borrowing overseas after sovereign upgradeFollowing India's sovereign rating upgrade by S&P, domestic firms like Credila and Muthoot Finance are actively pursuing offshore fundraisi...
Hero FinCorp plans to raise $200-million loan amid IPO delayThe fundraise comes as Hero FinCorp's planned ₹3,668 crore IPO faces delays in receiving regulatory approvals, slowing its capital raising ...
BluSmart’s salary delays; Banks face KYC resetHappy Wednesday! After ceasing operations, BluSmart now faces a fresh challenge: delayed March salaries for its employees. This and more in...
Muthoot FinCorp’s Rs 400 crore NCD issue opens for subscription, offers yield up to 10.10%Muthoot FinCorp launched its Tranche IV NCD issue, aiming to raise ₹400 crore with yields from 9.38% to 10.10%. The secured offering, rated...
The mother of all Indian IPOs: Will 2025 be the year India witnesses its largest-ever listing?2024 witnessed a surge in IPOs with major companies raising funds, surpassing Rs 3 lakh crore. This trend is expected to continue in 2025 w...
Muthoot FinCorp aims to raise Rs 360 crore via NCDsMuthoot FinCorp Ltd aims to raise up to Rs. 360 crores through non convertible debentures with the sale opening from April 10 and ending on...
Muthoot FinCorp NCD opens for subscription. Effective yield up to 9.75%Muthoot FinCorp plans to raise Rs 300 crore through XVI Tranche III series, which will close on January 25, a release said. The secured NCD...
Stocks in news: ZEE, Angel One, Poonawala Fincorp, SBI, Muthoot FinanceFor the March quarter, Angel One has reported 17% sequential growth in net profit at Rs 267 crore, while EBITDA during the same period rose...
Stocks in the news: NMDC, Indian Bank, SBI, Maruti Suzuki, RIL and Info EdgeNMDC, Bharat Electronics, ITI, Aster DM, Avanti Feeds, Sobha and Religare Enterprises will announce their March quarter results today.
Fund raising via NCDs drops 67% in April-AugustIn terms of volume, there were 14 NCD issues in the first five months of 2019-20.
NBFCs look for retail money as MFs, banks keep a tight rein on fundsL&T Finance and Aditya Birla Fin both are rated ‘AAA’, the top grade, by ratings firms.
Peer-to-peer lending platform Faircent gets $4m in Series BThis is the second series of fundraising for the startup which had raised $2 million in its Series-A round.
As gold regains sheen, Muthoot Fincorp eyes 25% jump in volumeThe measures to de-link from gold price fluctuations will ensure that the impact on bottomline will be lower than in the past, if gold pric...
Surprise investor financing for Kalyan Jewellers and Mindhelix lifts hopes of Kerala entrepreneursA lot of money is floating around and companies here are bracing to expand. Labour unrest, the bugbear of enterprises in Kerala, is now a t...
New Companies Act may hurt non-banking finance companies bond salesThe public bonds mkt faces a threat from new Companies Act, which could throw out most important segment of fund-raisers — NBFCs — as law i...
- Manappuram to take QIP route to raise Rs 1,000 crore
Manappuram General Finance & Leasing plans to raise around Rs 1,000 crore through a qualified institutional placement in the third quarter ...