Muthoot FinCorp, a prominent gold loan lender, is reportedly planning an Initial Public Offering (IPO) that could raise up to $300 million. The company is in discussions with bankers for the offering, which is expected to be a mix of new and existing shares. This move comes despite a challenging market environment for new listings.

Gold lender Muthoot FinCorp said to plan nearly Rs 2,800 crore IPO

Synopsis

Muthoot FinCorp, a prominent gold loan lender, is reportedly planning an Initial Public Offering (IPO) that could raise up to $300 million. The company is in discussions with bankers for the offering, which is expected to be a mix of new and existing shares. This move comes despite a challenging market environment for new listings.

Choose your reason below and click on the Report button. This will alert our moderators to take action

Name

Reason for reporting:

Foul languageSlanderousInciting hatred against a certain communityOthers