Muthoot Microfin, the microfinance arm of the Muthoot Pappachan Group, is planning to tap the capital markets with an initial share sale offer of Rs 1,500-1,800 crore by the last quarter of 2023.
The company is planning to raise Rs 1,200 crore of primary capital, and there can be a small offer for sale by the external investors, but none of them has indicated that they want to exit the company.
The company has also enabled 5,26,278 households with clean energy and empowered 25,26,134 individuals through its clean energy programs, , Muthoot Microfin