muthoot microfin shares: Muthoot Microfin shares rally 14% after Q3 profit jumps 119% YoY
"Our assets under management have grown 5% q-o-q and 39% y-o-y to Rs 114,581.37 million, with PAT soaring by 119% y-o-y to Rs 1,245.7million
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"Our assets under management have grown 5% q-o-q and 39% y-o-y to Rs 114,581.37 million, with PAT soaring by 119% y-o-y to Rs 1,245.7million
Muthoot Microfin share price: The IPO comprised a fresh issue of Rs 760 crore and an offer-for-sale (OFS) of Rs 200 crore. Under the OFS, promoters Thomas John Muthoot, George Muthoot, Preethi John Muthoot, Remmy Thomas and investor Greater Pacific Capital offloaded shares.
Muthoot Microfin shares will likely get listed on the exchanges on December 26. Ahead of the listing, the company's shares are commanding a premium of Rs 26 in the unlisted market. Considering the upper price band of Rs 291, the company's shares are expected to list with a mild premium of 9% on the exchanges.
Muthoot Microfin IPO comprises a fresh issue of Rs 760 crore and an offer-for-sale (OFS) of Rs 200 crore. Under the OFS, promoters Thomas John Muthoot, George Muthoot, Preethi John Muthoot, Remmy Thomas, and investor Greater Pacific Capital will offload shares.
Muthoot Microfin IPO: The price band for the issue, which closes on December 20, has been fixed at Rs 277-291 per share