Credit Rating Agency CRISIL has assigned an IPO Grade 4/5 to the proposed IPO of Muthoot Finance Ltd. This means as per CRISIL, the company has "Above Average Fundamentals" CRISIL assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals
Muthoot Finance is coming up with an IPO of 5,150,000 Equity Shares of Rs.10/- each, which would open for subscription from Monday, April 18, 2011. The IPO would remain open for subscription till Thursday, April 21, 2011
Check back Indian IPO Blog for the latest updates on Muthoot Finance IPO!
Wednesday, April 13, 2011
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Muthoot Finance Ltd. IPO
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