Muthoot

Kerala-based gold loan financier Muthoot Fincorp has set up a unit called Muthoot Housing Finance to cater to small home-loan borrowers.

Bessemer Buys Stake in Housing Finance Firm Madhurima Nandy 2011

Kerala-based gold loan financier Muthoot Fincorp has set up a unit called Muthoot Housing Finance to cater to small home-loan borrowers.

Bessemer Buys Stake in Housing Finance Firm Madhurima Nandy 2011

Muthoot Finance, which provides loans against pledged gold, was one such and its offering saw high demand.

India's IPOs in a Lull 2011

Muthoot Finance, India's largest gold loan firm, raised Rs 900 crore through an initial public offering about two months ago.

Deals India: Morning News Roundup Deals India Staff 2011

"That itself is a huge attraction for new players," said Manish Srivastava, chief executive of Muthoot Housing Finance.

Bessemer Buys Stake in Housing Finance Firm Madhurima Nandy 2011

Punit Paranjpe/Agence France-Presse/Getty Images Within a week of Muthoot's successful foray, Future Ventures of the Kishore Biyani Group, also offered shares to the public.

India's IPOs in a Lull 2011

Baring Private Equity Partners India Pvt. Ltd, which invested in Muthoot Finance Ltd. last July, is one such firm scouting for more nonbanking financial companies in which it can invest.

Private-Equity Firms Eye Nonbanking Financial Companies Sneha Shah 2011

After public issue, Muthoot fin plans Rs 1,000-cr NCDs

Deals India: Morning News Roundup Deals India Staff 2011

The largest issue in the year so far has been by Muthoot Finance Ltd. which raised about 9 billion rupees in May.

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Muthoot Finance plans to raise Rs 1,000 crore through retail non-convertible debentures , said i-banking officials.

Deals India: Morning News Roundup Deals India Staff 2011