Muthoot Finance Initial Public Offer Had Raised Muthoot Finance the largest gold financing company in India in terms of loan portfolio. (Source: IMaCS Industry Report (2010 Update). We provide personal and business loans secured by gold jewellery, or Gold Loans. We are a “Systemically Important Non-deposit taking NBFC” headquartered in the southern Indian state of Kerala. Our promoters are Mr.M.G.George Muthoot , Mr.George Thomas Muthoot , Mr. George Jacob Muthoot and Mr.George Alexander Muthoot. Our operating history has evolved over a period of 70 years since M George Muthoot (the father of our Promoters) founded a gold loan business in 1939 under the heritage of a trading business established by his father, Ninan Mathai Muthoot, in 1887. As of March 31, 2010 our branch network was the largest among gold loan NBFCs in India(Source: IMaCS Industry Report (2010 Update). Our branch network as of August 31, 2010 was 1,921 branches.
initial Public Offer is issued from 18th Apr 2011 – 21st Apr 2011.IPO is 100% book Build.IPO is 51,50,000 Equity Shares of Rs 10 each,
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