Muthoot Finance IPO : Listing on 6th May 2011

by khalid on 04/05/2011 · 0 comments

Muthoot Finance Limited has informed the share market (BSE/NSE) that the shares of its recent IPO will list on 6th May 2011. The IPO was open between 18th Apr 2011 to 21st Apr 2011. The price band was Rs 160 to Rs 175 and the Issue Price was fixed at the upper level of price band, Rs 175 per equity share. The company had entered into primary market with an Initial Public Offer (IPO) of Rs. 901.25 Crore. 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.

IPO Listing Detail :-
Listing Date: 6th May 2011
BSE Scrip Code : 533398
Listing In : ‘B’ Group of Securities
ISIN : INE414G01012
Issue Price : Rs. 175.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

The proceeds of the IPO are proposed to be utilized to augment the company`s capital base for meeting future capital requirements, for funding of loans and for general corporate purposes.

The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The Book Running Lead Managers (BRLM) to the offer are HDFC Bank Limited, ICICI Securities Limited and Kotak Mahindra Capital Company Limited.

Registrar of the Issue : Link Intime India Private Limited Mumbai.

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

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