Muthoot Fincorp arm Muthoot Microfin gets Sebi nod for Rs 1,350-cr IPO

Muthoot Fincorp arm Muthoot Microfin gets Sebi nod for Rs 1,350-cr IPO

Muthoot Fincorp arm Muthoot Microfin has received a final observation letter from capital markets regulator Sebi to raise funds through IPO.The company, in which Muthoot Fincorp holds a majority stake, refiled its draft IPO papers in July this year.The company plans to raise Rs 1,350 crore through the public offer, which includes a fresh equity … Read more