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Belstar Microfinance plans IPO to raise ₹1,300 crore  - The Hindu BusinessLine

Belstar Microfinance plans IPO to raise ₹1,300 crore - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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belstar microfinance ipo: Muthoot Finance's arm Belstar Microfinance submits Rs 1,300 crore IPO prospectus with SEBI

Belstar Microfinance plans a Rs 1,300 crore IPO with fresh equity shares and OFS. MAJ Invest, Danish asset management firm, and Muthoot Finance s stake highlighted. Proceeds for future capital requirements and reported profit in December 2023. ....

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Muthoot Finance's Microfinance Arm, Belstar Microfinance, Files for Rs 1,300-Crore IPO

Muthoot Finance's Microfinance Arm, Belstar Microfinance, Files for Rs 1,300-Crore IPO
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Muthoot Finance's arm Belstar Microfinance files DRHP with SEBI for ₹1,300 crore IPO

According to the draft red herring prospectus (DRHP), the initial public offering (IPO) of the Chennai-based company comprises a ₹1,000 crore fresh issue of equity shares and an offer-for-sale (OFS) of ₹300 crore by existing investor shareholders. ....

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Muthoot Finance's arm Belstar Microfinance files Rs 1,300-cr IPO papers with Sebi

Proceeds from the fresh issue worth Rs 760 crore will be used to meet future capital requirements towards onward lending and the remaining amount will be used for general corporate purposes. ....

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