Muthoot Finance IPO : Allotment Staus  

Keral based gold financing company Muthoot Finance Limited is entering into primary market with an Initial Public Offer (IPO) of 51,50,000 Equity Shares of Rs 10 each. The IPO was open on 18th Apr 2011 and got close for subscription on 21st Apr 2011. The premium of the issue will be decided through a 100% Book Building Process. The company is likely to raise around Rs 901.25 Crore through the issue at the upper level of price band. The issue will constitute 13.85% of the fully diluted post issue paid-up equity share capital of the company.
To read more:http://bellthebull.com/
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