Tuesday, May 3, 2011

muthoot finance, muthoot finance ipo listing, muthoot finance ipo listing date, muthoot finance listing, muthoot listing

Tag : muthoot finance, muthoot finance ipo listing, muthoot finance ipo listing date, muthoot finance listing, muthoot listing

Muthoot Finance IPO Allotment will be announced. Muthoot Finance IPO Allotment can easily be downloaded from following links. It is very easy to see Muthoot Finance IPO Allotment.

Muthoot Finance Ipo Allotment Status | Muthoot Finance Ipo Listing Date’ : Muthoot Finance gray market price is trading with good premium to issue price of Rs175 at 220 Rs. The IPO is for 51.5 million equity shares with a face value of Rs10 each and price band fixed between Rs160 and Rs175 per share. Gray market prices are volatile so book profit at Rs 220 and buy aain at rs 190 in next 3 months Muthoot Finance sold 51,500,000 Equity Shares of Rs. 10/- in ipo at a price of rs 175. Muthoot Finance listing date is 6 may 2011. The final price is arrived through the book-building process and the bid issue will close on Wednesday for qualified institutional buyers and Thursday for non-qualified institutional buyers bidders.we are advising to sell on listing at Rs220 price and again buyback at rs 190.

Muthoot Finance, the financing of India’s largest gold company in terms of the loan portfolio, on Friday, April 15, 2011 completed, and the allocation of 77.25 lakh shares at Rs. 170 for per share into a clutch of major investors of Rs. 131.32 billion rupees. The IPO was open on 18th Apr 2011 and got close for subscription on 21st Apr 2011. The premium of the issue will be decided through a 100% Book Building Process. The company is likely to raise around Rs 901.25 Crore through the issue at the upper level of price band. The issue will constitute 13.85% of the fully diluted post issue paid-up equity share capital of the company. Kerala-based firm Muthoot Finance is the largest gold financing company in India in terms of loan. The company claims to disburse Gold Loan in 5 minutes.

The lead managers are ICICI Securities, Kotak Mahindra Capital Company Limited and the Co-Book Running Lead Manager is HDFC Bank. Anchor investors include Citigroup Global Markets Mauritius, Abu Dhabi Investment Authority – the Ganges, and Goldman Sachs Fund of India, India Baring private equity fund III investment are included, and credit Suisee (Singapore), a Birla life company values, and Royal Bank of Scotland PLC as Board of Trustees of the buyer and the buyer India South Asia for investment, Swiss Finance Corporation (Mauritius), Mauritius Ashoka tree flowering and international Equanum. Allotment Status of Muthoot Finance IPO is not available at this time. IPO share allotment process usually takes two weeks from the date of issue closing date.

Muthoot Finance IPO Allotment announced soon. You can see your Muthoot Finance IPO Allotment here. Just feed your roll no. here and get your Muthoot Finance IPO Allotment.

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...
Privacy Policy