Issue Price: Rs. 160 - Rs. 175 Per Equity Share
Allotment Status: http://www.linkintime.co.in
Issue Detail:
»» Issue Open: Apr 18, 2011 - Apr 21, 2011
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 5,150,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 824.00 - 901.25 Crore
»» Face Value: Rs. 10 Per Equity Share
Hourly Bid updates: 11 AM Apr 21st
Total Issue Size 43775000 Total Bids Received 971874640 Total Bids Received at Cut-off Price 93924320 No. of times issue is subscribed 22.20 Graph Logic
Bid Details:
Number of Times Issue is Subscribed (BSE + NSE) As on Date & Time Qualified Institutional Buyers (QIBs) Non Institutional Investors Retail Individual Investors (RIIs) Total Shares Offered / Reserved 18,025,000 7,725,000 18,025,000 43,775,000 Day 1 - Apr 18, 2011 17:00 IST 0.2600 0.0200 0.1200 0.1600 Day 2 - Apr 19, 2011 17:00 IST 0.3100 0.2100 0.4600 0.3500 Day 3 - Apr 20, 2011 17:00 IST 25.0100 0.9800 1.3400 11.0200
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.
Company Financials:
Particulars For the year/period ended (in Rs. Millions) 31-Mar-10 31-Mar-09 31-Mar-08 31-Mar-07 31-Mar-06 Total Income 10,893.80 6,204.02 3,686.38 2,339.65 1,480.62 Profit After Tax (PAT) 2,275.75 977.20 635.97 439.79 271.27
Company Promoters:
The following individuals are the Promoters of the Company:
1. M.G. George Muthoot;
2. George Thomas Muthoot;
3. George Jacob Muthoot; and
4. George Alexander Muthoot