Muthoot Finance Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 25,750,000 (50%) | — | ₹45,063 Cr |
| NII (HNI) | — | 7,725,000 (15%) | — | ₹13,519 Cr |
| Retail | — | 18,025,000 (35%) | — | ₹31,544 Cr |
| Σ Total | — | 51,500,000 (100%) | — | ₹901,250 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹7,000 |
| Retail (Max) | 13 | 520 | ₹91,000 |
| S-HNI (Min) | 14 | 560 | ₹98,000 |
| B-HNI (Min) | 67 | 2,680 | ₹469,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue | 1,089 | 620 | 369 |
| Profit After Tax | 228 | 98 | 64 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To augment the capital base to meet future capital requirements to provide for funding of loans to the customers; and –
- 2 General corporate purposes –
Company Overview
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.