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MUTHOOT MICROFIN 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...
Muthoot Finance raises $600 million in senior secured notes at 6.375%Muthoot Finance, India's leading gold loan company, has successfully raised $600 million through senior secured notes at a 6.375% coupon ra...
Investors strike gold in Samvat 2080 with 80% IPOs trading above issue price, 13 turning multibaggersThe domestic primary market was abuzz with activity in Samvat 2080, with 13 IPOs turning multibaggers. Motisons Jewellers led with a 444% r...
Muthoot Microfin in talks with European investors to raise $50 millionMuthoot Microfin is in advanced talks with European investors to secure $50 million in external commercial borrowing, aiming to lower costs...
Muthoot Microfin secures $75 million external commercial borrowing for diversified fundingThe loan is raised for three years and three months tenure and benchmarked to a three-month term SOFR (Secured Overnight Financing Rate) wi...
IPO Watch: Muthoot Microfin raises Rs 285 crore via pre-IPO placement to 26 investorsThe company has allocated 97,93,812 shares to 26 anchor investors. These include foreign portfolio investors like Morgan Stanley, Societe G...
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's Rs 960-cr IPO to open for subscription on December 18The IPO comprises a fresh issue of Rs 760 crore and an offer-for-sale (OFS) of Rs 200 crore. Under the OFS, promoters Thomas John Muthoot, ...
Indian companies likely to raise funds via public issues in 2023 as cash tightens: Bankers"As rates are settling at higher levels, retail investors would be keen to put funds in public issues," said Ajay Manglunia, managing direc...
Muthoot Finance confident of achieving 10 pc biz growth in FY23: MD George A MuthootThe country's largest gold loan company in terms of loan portfolio expects a 10 per cent business growth in current fiscal, George Alexande...
Muthoot Microfin plans to raise Rs 350 cr via share saleMuthoot Microfin is planning to raise Rs 350 crore by selling shares during the current year, to fund business growth. Besides, the microfi...
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...