Muthoot Fincorp IPO: Gold Loan Lender Files Draft Papers To Raise Rs 3,000 Crore
The leading gold loan lender, Muthoot Fincorp Ltd, has filed draft papers with markets regulator Securities and Exchange Board of India (SEBI) to raise Rs 3,000 crore through an Initial Public Offering (IPO). The IPO is entirely a fresh issue of equity shares, according to the Draft Red Herring Prospectus (DRHP) filed on Wednesday. Proceeds … Read more