Issue Price
₹175
Per Share
GMP
NIL
Grey Market
Est. Listing
₹175
Expected Price
Min. Application
₹14,000
2 lots × 40 shares
Incorporated in 1997, Muthoot Finance Ltd is the Kerala - based largest gold financing company in India in terms of loan portfolio. Muthoot Finance provides personal and business loans secured by gold jewellery, or Gold Loans. They have 1605 branches across 20 states and two union territories in India.Customers of Muthoot Finance are typically small businessmen, vendors, traders, farmers and salaried individuals. They provide retail loan products, primarily comprising Gold Loans. They also disburse other loans, including those secured by Muthoot Gold Bonds. Their Gold Loans have a maximum 12 month term. Other then Gold Loans business, they provide money transfer services through their branches as sub-agents of various registered money transfer agencies. Company also operates three windmills in the state of Tamil Nadu.
Muthoot Finance Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 51,500,000 | 100.00% | ₹901.25 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹7,000 |
| Retail (Max) | 2 | 80 | ₹14,000 |
| sNII (Min) | 29 | 1,160 | ₹203,000 |
| bNII (Min) | 143 | 5,720 | ₹1,001,000 |
| Particulars | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue from Operations | 1089.38 | 620.40 | 368.64 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 227.58 | 97.72 | 63.60 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |