Muthoot Microfin IPO booked 29%, retail portion 51% so far on launch
Muthoot Microfin IPO: The price band of the offer, which will close on December 20, has been fixed at Rs 277-291 per share
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Muthoot Microfin IPO: The price band of the offer, which will close on December 20, has been fixed at Rs 277-291 per share
The Rs 960 crore initial public offering (IPO) of Muthoot Microfin is set to kick off on Monday, December 18, which comprises of a fresh share sale of Rs 760 crore.
The IPO-bound NBFC-MFI has allocated a total of 98 lakh equity shares to anchor investors at Rs 291 apiece.The company, a part of the Muthoot Pappachan Group and promoted by Muthoot Fincorp, fixed a price band of Rs 277-291 per equity share for the IPO, which comprises a fresh issue amounting to Rs 760 crore and an OFS aggregating to Rs 200 crore.
Muthoot Microfin IPO: More than 20 institutional investors participated in the anchor book of the company
AMM Foundation, the philanthropic arm of business conglomerate, Murugappa Group, on Friday announced its partnership with German Football Institution Borussia Dortmund (BVB) as their Official Youth Development Partner in India.The partnership ...