Muthoot Fincorp will bring IPO of Rs 3 thousand crore: DRHP deposited with SEBI, entire money will be raised by issuing new shares.

Muthoot Fincorp is bringing an IPO of ₹3,000 crore. For this the company has filed DRHP with SEBI. The funds raised from the IPO will be used to meet future capital requirements, provide further loans and expand the business. According to the draft papers submitted by the company on Wednesday, this IPO will be a…

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Muthoot Fincorp files IPO of Rs 3,000 crore: The entire amount will be raised by issuing new shares to strengthen the capital base.

Muthoot Fincorp Ltd has filed draft papers with SEBI to raise Rs 3,000 crore through IPO. According to the draft red herring prospectus filed on Wednesday, the IPO will consist entirely of issuance of new equity shares. This capital will be used to meet future capital needs, provide further lending and support the growth and…

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Muthoot Fincorp Introduces Vyapar Vikas Gold Loan For Traders –Pay Interest Only On Outstanding Amount

    Muthoot Fincorp Introduces Vyapar Vikas Gold Loan For Traders –Pay Interest Only On Outstanding Amount

    New Delhi: Muthoot FinCorp Limited has introduced a new scheme – Vyapar Vikas Gold Loan — for Traders. “This innovative offering is designed to meet the evolving financial needs of traders, providing them with unparalleled flexibility and value,” said the company. Traders can leverage their gold jewellery to obtain maximum loan value, providing them with…

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