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Muthoot FinCorp is trying to sell a fintech story without behaving like a fintech
Muthoot FinCorp has approved a ₹4,000 crore IPO as it repositions itself from a gold-loan lender into a financial services company. The pitch hinges on whether investors will reward a firm that wants fintech-style scale but is unwilling to take fintech-style credit risks.
Gold loans are no longer merely the last source of credit for the poor: Shaji Varghese, CEO, Muthoot FinCorp
Muthoot Fincorp is gearing up for a monumental ₹4,000 crore IPO, seeking to ignite its expansion plans and harness the momentum of its current growth trajectory. With an optimistic eye on the future, the company is poised to navigate market fluctuations and continue its upward path. The funds raised will be pivotal in propelling further innovations and initiatives.
Muthoot FinCorp to dilute minimum 10% stake in IPO: CEO Shaji Varghese
Muthoot FinCorp is preparing for its Initial Public Offering. The company plans to offer at least 10 percent of its stake. Funds raised will fuel business expansion. The gold loan NBFC sees significant growth opportunities in the sector. Muthoot FinCorp is also venturing into MSME lending and digital initiatives.
Muthoot Fincorp FY26 Announces Rs 4,000-Crore IPO, 1:5 Stock Split
Alongside the IPO plan, the Muthoot board also approved a stock split, subdividing equity shares of face value Rs 10 into five shares of Rs 2 each, a move generally aimed at improving liquidity and retail participation.
Muthoot FinCorp announces ₹4,000 crore IPO, stock split and fundraising plans. Details here
On May 16, Muthoot FinCorp said its board had approved a proposal to raise up to ₹4,000 crore through an initial public offering (IPO) of equity shares, along with stock split and fundraising plans via NCDs.
Muthoot Fincorp board approves ₹4,000 crore IPO, share split and fundraising plans
The proposed IPO will comprise a fresh issue of equity shares with a face value of ₹10 each. The company said the issue is subject to market conditions, regulatory approvals and other applicable clearances.
IPO-bound Hero FinCorp banks on AI strategies for value creation - The Times of India
IPO-bound Hero FinCorp banks on AI strategies for value creationThe Times of India
Regency Fincorp consolidated net profit rises 36.29% in the March 2026 quarter
Sales rise 40.82% to Rs 10.28 crore
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades 200-points higher; L&T in focus after results
Sensex Today | Stock Market LIVE Updates: The two indices to watch though, will be Nifty Bank and Nifty IT. The banking index has struggled to hold above 55,000, while IT stocks also contributed to the recent volatility. L&T and Hero Moto, along with SRF, Coforge, Poonawalla Fincorp, and others will react to their results today. Bajaj Auto reports results today along with announcing a share buyback.
Poonawalla Fincorp Q4 results: Profit jumps 70% QoQ to Rs 255 crore
Poonawalla Fincorp reported a sharp profit rise driven by margin expansion, higher income, and improved asset quality. AUM crossed Rs 60,000 crore, credit costs eased, and capital adequacy strengthened after fundraise, supporting future growth and digital expansion.
Stocks to Watch for May 6: L&T, SRF, UCO Bank, Coforge, Poonawalla Fincorp and more
From Larsen & Toubro reporting a mixed set of Q4 results to Poonawalla Fincorp reporting a sharp 309% year-on-year rise in its Q4 net profit at ₹255 crore, here are some stocks to watch ahead of Wednesday's trading session.
Poonawalla Fincorp Q4 Results: Net Profit More Than Quadruples, Revenue Surges
Poonawalla Fincorp's total income surged 81% to Rs 2,120 crore.