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Share Market Highlights 28 March 2024: Indian equity markets end FY24 on a bullish note; Sensex jumps 650 pts, Nifty settles above 22,300

Share Market Highlights 28 March 2024: Indian equity markets end FY24 on a bullish note; Sensex jumps 650 pts, Nifty settles above 22,300
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Muthoot Microfin refiles draft papers with SEBI to raise Rs 1,350 crore via IPO

Muthoot Microfin Ltd, the microfinance arm of the Muthoot Pappachan Group, intends to use the proceeds from the fresh issue to augment the capital base.

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muthoot microfin ipo: Muthoot Fin arm refiles draft papers with Sebi for Rs 1,350-crore public issue

Muthoot Microfin has refiled a draft red herring prospectus for an IPO of Rs 1,350 crore with SEBI. The IPO consists of a fresh issue of shares worth up to Rs 950 crore and an offer for sale by promoters and institutional investors worth up to Rs 400 crore. The microfinance firm aims to use the proceeds to augment its capital base and meet capital adequacy requirements. Muthoot Microfin is the fourth-largest microfinance company in India and the third-largest in South India. ICICI Securities, Axis Capital, JM Financial, and SBI Capital Markets are the book-running lead managers.

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Muthoot Microfin riles Revised IPO papers to raise Rs 1,350 crore

Muthoot Microfin, the microfinance arm of Muthoot Pappachan Group, has refiled its IPO papers to raise Rs 1,350 crore, consisting of a fresh issue and an offer for sale by promoters and shareholders. The funds will be used to augment the company's capital base., Markets News, Times Now

Tamil naduThomas john muthootMuthoot microfinPreethi john muthootMuthoot fincorpThomas muthootRemmy thomasThomas george muthootAnina georgeMuthoot pappachan groupExchange board of indiaMuthoot microfin ltdBanking financial companiesMicrofin ltdExchange boardThomas george

Dismal performance of Banks in bringing NBFCs to J&K: CS

Nasir Azam Jammu Tawi, Apr 17: The Public Sector Banks (PSBs) have not been able to bring non-banking financial companies and micro finance institutions to Jammu & Kashmir. Documents show that J&K Chief Secretary Arun Kumar Mehta has expressed displeasure over poor performance of public sector banks in bringing NBFCs/MFIs to J&K. “Chief Secretary expressed displeasure over

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