Tuesday, 12 April 2011

Muthoot Finance Limited IPO fixed it at Rs 165 – Rs 175 per equity share

Keral based gold financing company Muthoot Finance Limited IPO which is slated to come out with its IPO starting on 18th April 2011. The company has come out with the price band of the IPO today and fixed it at Rs 165 – Rs 175 per equity share. The company will issue 5,150,000 equity shares of Rs 10 each in the primary market.
Issue Detail:-
Issue Open : 18th Apr 2011 – 21st Apr 2011
Issue Type : 100% Book Built Issue IPO
Issue Size : 51,50,000 Equity Shares of Rs 10 each
Issue Size : Rs – Rs Crore (Depending on the final pricing)
Face Value : Rs 10 Per Equity Share
Issue Price : Rs 165 – Rs. 175 Per Equity Share
Minimum Bid Quantity : Shares (Rs. with 1 Lot) @ upper level of price band
Maximum Bid Quantity : Shares (Rs. with Lots ) @ upper level of price band
Listing At : BSE, NSE
The Book Running Lead Managers (BRLM) to the offer are HDFC Bank Limited, ICICI Securities Limited and Kotak Mahindra Capital Company Limited.
Registrar of the Issue : Link Intime India Private Limited Mumbai.

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