Muthoot Microfin IPO | The Rs 960-crore initial public offering will open for subscription on December 18 and the closing date has been fixed as December 20.
Muthoot Microfin IPO comprises a fresh issue of Rs 760 crore and an offer-for-sale (OFS) of Rs 200 crore. Under the OFS, promoters Thomas John Muthoot, George Muthoot, Preethi John Muthoot, Remmy Thomas and investor Greater Pacific Capital will offload shares. Investors can make a bid for one lot of 51 shares and in multiples thereafter.