Analysis and Insights into the world of IPOs and investing in India

Monday, May 2, 2011

Muthoot Finance IPO Allotment Status

Muthoot Finance IPO Allotment Status is expected to be declared soon. The IPO, which closed for subscription on on Thursday, April 21, 2011, had received a wonderful response from investors with the IPO getting subscribed 24.55 times on an overall basis with bids received for 1,07,46,26,600 Equity Shares as against the Total Issue Size of 4,37,75,000 Equity Shares. The QIB portion of the issue was oversubscribed by 25.01 times

Muthoot Finance is largest gold financing company in India in terms of loan portfolio (Source: IMaCS Industry Report (2010 Update) Muthoot Finance provides personal and business loans secured by gold jewellery or Gold Loans. Muthoot Finance is headquartered in the the state of Kerala

Stay tuned to Indian IPO Blog for the latest update on Muthoot Finance IPO Allotment Status!

Update: Muthoot Finance IPO Allotment Status declared


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