Muthoot Finance Ltd IPO (Muthoot IPO) Detail

Apr 18, 2011 - Apr 21, 2011

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 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

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

Objects of the Issue:

The Object of the issue are:

1. To augment capital base to meet future capital requirement to provide for funding of loans to customers;
2. General corporate purposes.

Muthoot IPO Details

IPO Opening Date	Apr 18, 2011
IPO Closing Date	Apr 21, 2011
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹160 to ₹175 per equity share
Market Lot	40 Shares
Min Order Quantity	40 Shares
Listing At	BSE, NSE
Issue Size	51,500,000 Eq Shares of ₹10 (aggregating up to ₹901.25 Cr)

Muthoot IPO Lot Size

The Muthoot IPO market lot size is 40 shares. A retail-individual investor can apply for up to 28 lots (1120 shares or ₹196,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	40	₹7,000
Maximum	28	1120	₹196,000

Muthoot Finance Ltd IPO Grading

CRISIL has assigned an IPO Grade 4 to Muthoot Finance Ltd IPO. This means as per CRISIL, company has 'Above Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Muthoot IPO Grading Report.

Muthoot Finance Ltd IPO Tags:

Muthoot Finance IPO, Muthoot Finance Ltd IPO, Muthoot Finance IPO Bidding, Muthoot IPO Allotment Status, Muthoot Finance IPO drhp and Muthoot Finance IPO listing.

Shareholding Pattern / Book Value of Muthoot Finance

	Equity Shares (in crore)	Promoters Holding	Book Value
Pre-issue	320.21	93.00%	Rs 35.00
Post-issue	371.71	80.12%

Muthoot IPO Subscription Status (Bidding Detail)

The Muthoot IPO is subscribed 24.55x times on Apr 21, 2011 19:15. The public issue subscribed 8.50x in the retail category, 25.01x in the QIB category, and 60.94x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	25.01x
NII	60.94x
RII	8.50x
Total	24.55x

Muthoot IPO Prospectus

Muthoot IPO Rating

769

4.1

Rating:

Vote Here ...

Muthoot IPO Listing Date

Listing Date	Friday, May 6, 2011
BSE Script Code	533398
NSE Symbol	MUTHOOTFIN
Listing In	B
ISIN	INE414G01012
IPO Price	₹175 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹175.00
₹180.00
₹161.50
₹198.00
₹176.25
22,676,312

NSE
₹175.00
₹196.60
₹161.40
₹198.90
₹175.90
60,613,615

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Company Contact Information

Muthoot Finance Ltd
Muthoot Chambers,
Opposite Saritha Theatre Complex,
2nd Floor, Banerji Road, Kochi - 682 018

Phone: (91 484) 239 4712
Email: investors@muthootfinance.com
Website: http://www.muthootfinance.com

Muthoot IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: mfl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Muthoot IPO Lead Manager(s)

Lead Manager Reports

Muthoot IPO FAQs

What is Muthoot IPO?

Muthoot IPO is a main-board IPO of 51,500,000 equity shares of the face value of ₹10 aggregating up to ₹901.25 Crores. The issue is priced at ₹160 to ₹175 per equity share. The minimum order quantity is 40 Shares.

The IPO opens on Apr 18, 2011, and closes on Apr 21, 2011.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Muthoot IPO will open?

The Muthoot IPO opens on Apr 18, 2011 and closes on Apr 21, 2011.
What is the lot size of Muthoot IPO?

Muthoot IPO lot size is 40 Shares and the minimum order quantity is 40 Shares.
How to apply for Muthoot IPO?

You can apply in Muthoot IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Muthoot IPO allotment?

The finalization of Basis of Allotment for Muthoot IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Muthoot IPO allotment status.
When is Muthoot IPO listing date?

The Muthoot IPO listing date is on Friday, May 6, 2011.

Muthoot IPO Message Board

Ranked Members

990. satyaaa |Jun 26, 2011 14:13

Please do not panic in Muthoot, still share can be bough with stop loss of 150. one year target for the scrip is 250. Of course if nifty touches 6000, Muthoot may touch 300 also, Fundamentally very strong company. since market is weak, hence muthoot is also hammered out.

989. gundu anna |Jun 11, 2011 08:49

IPO Mentor (500+ Posts, 100+ Likes)

Muthoot stroy over, slowly heading towards 130.

988. pakka hindustani |Jun 2, 2011 10:59

I think, Muthoot has now caught the fancy of global investors. There is no stopping now, Now at 183.20. CHEERS!!

987. SAJAI |Jun 1, 2011 16:24

Muthoot Finance Limited now @ 181.35

986. pakka hindustani |Jun 1, 2011 12:52

Muthoot nicely moving up today, may cross resistance of 179 today and then quickly move to 184-185. CHEERS!!

985. sachin kapil |May 31, 2011 12:54

new ad started to telecast on tv now...
i think muthoot is the only gold loan company whose ad we are watching on national tv...its not a big thing but it will definitely creat good image on custmor's mind and it will help in future business...it will creat some surity in the mind of custmore that company is good...

984. pakka hindustani |May 30, 2011 17:34

Muthoot Finance has got tremendous potential & tie up with western union shall further boosts its growth. I think it shall easily move to 190+ in next 2-3 sessions.

983. PavanLIC |May 30, 2011 14:01

Top Contributor (400+ Posts, 300+ Likes)

http://economictimes.indiatimes.com/articleshow/8608134.cms

Gold finance company Muthoot Finance today said it has tied up with the Western Union Company and Paul Merchant Limited for providing money transfer services through various branches of the company across the country.

"Muthoot Finance will now offer Western Union Money Transfer services from its countrywide network of 2,800 locations linking them to Western Union's network of more than 40,000 locations across 200 countries," Muthoot Finance said in a statement.

According to the World Bank's migration and remittance fact book for 2011, India continues to be the largest remittance receiving country in the world with an estimated USD 55 billion received during the year 2010.

"...With the addition of Muthoot Finance, we hope to further reinforce our national brand presence through Muthoot Finance's extensive network of over 2,800 branches across India shortly," Managing Director-South and East Asia, Western Union Anil Kapur said in a statement.

Echoing Kapur's view, Chairman and Managing Director of Paul Merchants Limited S Paul said,"Through our agreement with Western Union we have facilitated a number of classes of trade including retail and banks to offer Western Union Money Transfer services to remotest corner of India."

The collaboration with Mutthoot Finance is one step in this direction which would positively impact people across 2,800 branches offering the service, he added.

The Western Union Company provides consumers and businesses ways to send and receive money around the world and its agent network in India currently spans over 71,000 agent locations.

All good news(Good results etc) coming now after nominal profit booking.

982. rakesh valvod |May 27, 2011 12:46

not cross issue price within month. exit with minor loss.

981. sachin kapil |May 27, 2011 12:28

muthoot 9% up at 171.7

post great result yesterday , FY 11 profit is 495 cr against 227 cr...

hope we get some good price near 190-200 in few days so that we can book profit...

shreedhar whats yr view ? shud we hold it for long term ?

980. vas nat |May 27, 2011 11:45

Top Contributor (200+ Posts)

Stock jumps 7%.Good momentum building. Those who hold enjoy and continue to hold.

979. vas nat |May 26, 2011 19:14

Top Contributor (200+ Posts)

To all those who hold Muthoot- The company has shown excellent results. Tomorrow would be interesting to watch this counter.

978. TEJENDRA SINGH SHEKHAWAT |May 25, 2011 14:56

SREEDHAR ,
BHAI I HAVE BEEN CAUGHT IN MUTHOOT ,PLZ ADVICE ME HOW TO QUIT.BHAI I HAVE BEEN WRITING FROM SOMEONE COMPUTER,I CAN ONLY READ YOUR MESSAGES THROUGH MOBILE GPRS.PLZ REPLY.
TS

977. pakka hindustani |May 24, 2011 17:49

Todays Muthoot showed strength in weak market. Hopefully it may go to its IPO price on 26th May

976. vas nat |May 23, 2011 21:31

Top Contributor (200+ Posts)

Pakka Hindustani - I too am waiting for the same.

975. pakka hindustani |May 23, 2011 12:10

Board meeting on 26.5.11. Expect some fireworks & probably rerating of stock.

974. Binns |May 23, 2011 10:56

what is the future of muthoot

973. Gavin |May 18, 2011 18:33

Hello Experts

Please advice what happened with muthoot??? After almost 9-10 trading days it going down everyday. Are there any chance of upword movement in muthoot. I hold all of alloted shares. Plz help to advice.

972. TEJENDRA SINGH SHEKHAWAT |May 18, 2011 14:49

sreedhar,
good afternoon,i am still holding 134+134+134 in muthoot it is going down day by day,plz advice me .
with regards
ts

971. pakka hindustani |May 16, 2011 17:23

Muthoot woes won't be over until financial stock bounce.

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