Muthoot Finance IPO : Allotment Staus

by khalid on 30/04/2011 · 2 comments

Keral based gold financing company Muthoot Finance Limited is entering into primary market with an Initial Public Offer (IPO) of 51,50,000 Equity Shares of Rs 10 each. The IPO was open on 18th Apr 2011 and got close for subscription on 21st Apr 2011. The premium of the issue will be decided through a 100% Book Building Process. The company is likely to raise around Rs 901.25 Crore through the issue at the upper level of price band. The issue will constitute 13.85% of the fully diluted post issue paid-up equity share capital of the company. Kerala-based firm Muthoot Finance is the largest gold financing company in India in terms of loan. The company claims to disburse Gold Loan in 5 minutes.

Details of different category subscription is as follows……

Total Issue Size : Rs. 901.25 Crores
No. of times issue is subscribed : 24.55 Times
Qualified Institutional Buyers (QIBs) : 25.01 times
Non Institutional Investors : 60.94 times
Retail Individual Investors : 8.50 times
Overall : 24.55 times

 

Allotment Status of Muthoot Finance IPO is available at this time. IPO share allotment process usually takes two weeks from the date of issue closing date. It can be seen in the following link :-
My allotment status

Stay tuned to BelltheBull Blog for more news on Muthoot Finance IPO !

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{ 2 comments… read them below or add one }

Sant Ram May 9, 2011

had applied IPO in Muthoot Finance for Rs.21,000/- and this amount was debited to my account on 20th April, 2011 vide refernce no. IG48275235. The shares have not been alloted to me. I checked my Bank Account No.10939130144 and DMAT Account No.1301930000 574952 and found that neither the SHares have alloted to me nor the amount for Rs.21,000/- was credited to my account. You are therefore requested to advise me the status of fund transfer to my account as when the amount will be credited to my account.My ID is ESI27806.

My Detaile are given below:

Thanks and regards

Sant Ram
PAN- ABSPR4935Q
DOB-01/03/1960
eMAIL id- sant.ram@sbi.co.in

Reply

khalid May 9, 2011

Hi Sant Ram,

With all details which you have mentioned here, you lodge a complain to the Registrar of the IPO, http://www.linkintime.co.in/newsite/home.jsp

Thanks for visiting the site, keep coming for latest news of IPOs.

khalid

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