Muthoot IPO Latest News Today

Muthoot Finance IPO shares will list on Friday, May 06, 2011. Issue price of this IPO has been fixed at Rs 175/- per share. IPO was oversubscribed by 24.55 times (8.50 times in retail) on closing day.

IPO Listing Detail

Listing Date: Friday, May 06, 2011
BSE Scrip Code: 533398
Listing In:    'B' Group of Securities
ISIN: INE414G01012
Issue Price: Rs. 175.00 Per Equity Share
Face Value:    Rs. 10.00 Per Equity Share

Muthoot Finance Ltd IPO allotment status is now available online.

Muthoot Finance IPO was open on Apr 18, 2011 and closed on Apr 21 2011. IPO was oversubscribed by 24.55 times (8.50 times in retail) on closing day.

Muthoot Finance Ltd IPO finally subscribed 24.55 times on its closing day. Muthoot Finance IPO was open on Apr 18, 2011 and closed today on Apr 21, 2011 for subscription. Muthoot Finance has received bids for 1,07,46,26,600 shares as against issue size of 4,37,75,000 shares.

Subscription Detail

Qualified Institutional Buyers (QIBs): 25.01 Times
Non Institutional Investors: 60.94 Times
Retail Individual Investors (RIIs): 8.50 Times

Total: 24.55 Times

Muthoot Finance Ltd IPO subscribed 11.02 times on its day 3. Muthoot Finance IPO was open on Apr 18, 2011 and will close tomorrow on Apr 21, 2011 for subscription. Muthoot Finance has received bids for 48,24,33,480 shares as against issue size of 4,37,75,000 shares.

Oversubscription detail for Day 3

Qualified Institutional Buyers (QIBs): 25.01 Times

Non Institutional Investors: 0.98 Times

Retail Individual Investors (RIIs): 1.34 Times

Total: 11.02 Times

Muthoot Finance Ltd IPO subscribed 0.35 times on its day 2. Muthoot Finance IPO was open on Apr 18, 2011 and will close on Apr 21, 2011 for subscription. Muthoot Finance has received bids for 1,54,61,320 shares as against issue size of 4,37,75,000 shares.

Oversubscription detail for Day 2

Qualified Institutional Buyers (QIBs): 0.31 Times

Non Institutional Investors: 0.21 Times

Retail Individual Investors (RIIs): 0.46 Times

Total: 0.35 Times

Muthoot Finance Ltd IPO subscribed 0.16 times on its day 1. Muthoot Finance IPO opens today on Apr 18, 2011 and will close on Apr 21, 2011 for subscription. Muthoot Finance has received bids for 71,00,520 shares as against issue size of 4,37,75,000 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.26 Times

Non Institutional Investors: 0.02 Times

Retail Individual Investors (RIIs): 0.12 Times

Total: 0.16 Times

Muthoot Finance fixes it's IPO price band  at Rs 160/- at lower level and Rs 175/- at upper level. The issue of Muthoot Finance IPO opens on Apr 18, 2011 and closes for subscription on Apr 21, 2011.

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. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Muthoot Finance Limited (MFL) is entering in the capital markets with an initial public offering, IPO of 51,50,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 160/- at lower level and Rs 175/- at upper level.

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.

The issue opens on Apr 18, 2011 and closes for subscription on Apr 21, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).