Muthoot Finance Ltd: Company Profile, Promoters, Company Financial, Issue Details, Opening & Closing Dates, Issue Size, IPO Rating

Muthoot Finance Ltd: Company Profile, Promoters, Company Financial, Issue Details, Opening & Closing Dates, Issue Size, IPO Rating

Incorporated in 1997, 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.

Company Promoters:

The following individuals are the Promoters of the Company:

1. M.G. George Muthoot;

2. George Thomas Muthoot;

3. George Jacob Muthoot; and

4. George Alexander Muthoot

Company Financials

(in Rs. Million)

31-March-06

Total Income : 1480.62

PAT( Profit After Tax) : 271.27

31-March-07

Total Income : 2339.65

PAT( Profit After Tax) : 439.79

31-March-08

Total Income : 3686.38

PAT( Profit After Tax) : 635.97

31-March-09

Total Income : 6204.02

PAT( Profit After Tax) : 977.20

31-March-10

Total Income : 10893.80

PAT( Profit After Tax) : 2275.75

Issue Detail:

• Issue Open: Apr 18, 2011 - Apr 21, 2011
• Issue Type: 100% Book Built Issue IPO
• Issue Size: 5,150,000 Equity Shares of Rs. 10
• Issue Size: Rs. 824.00 - 901.25 Crore
• Face Value: Rs. 10 Per Equity Share
• Issue Price: Rs160 - Rs175 Per Equity Share
• Minimum Order Quantity:40 Shares

Muthoot Finance Ltd IPO Grading

CRISIL has assigned an IPO Grade 4 to Muthoot Finance Ltd IPO. This means as per CRISIL, company has 'Above Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.