Monday, April 11, 2011

Muthoot Finance to launch IPO on April 18th

The issue of Muthoot Finance Limited (MFL) 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).

Click on the below link to find more detail about Muthoot Finance Ltd IPO: