Incorporated in 1997, Muthoot Finance Ltd is the Kerala - based largest gold financing company in India in terms of loan portfolio. Muthoot Finance provides personal and business loans secured by gold jewellery, or Gold Loans. They have 1605 branches across 20 states and two union territories in India.

Customers of Muthoot Finance are typically small businessmen, vendors, traders, farmers and salaried individuals. They provide retail loan products, primarily comprising Gold Loans. They also disburse other loans, including those secured by Muthoot Gold Bonds. Their Gold Loans have a maximum 12 month term. Other then Gold Loans business, they provide money transfer services through their branches as sub-agents of various registered money transfer agencies. Company also operates three windmills in the state of Tamil Nadu.

Company Promoters:

The following individuals are the Promoters of the Company:

<!--[if !supportLists]-->1.   <!--[endif]-->M.G. George Muthoot;

<!--[if !supportLists]-->2.   <!--[endif]-->George Thomas Muthoot;

<!--[if !supportLists]-->3.   <!--[endif]-->George Jacob Muthoot; and

<!--[if !supportLists]-->4.   <!--[endif]-->George Alexander Muthoot

K P Padmakumar,  our executive director, is a Banker with over 36 years of experience in commercial banking.  He completed his Bachelors of Science degree in Agriculture from Kerala University, and is a Certified Associate of the Indian Institute of Bankers.  Starting his career with State Bank of India as a Probationary Officer, he served SBI in various capacities in India and abroad for over 27 years including 4 years as Manager-Treasury with SBI’s Offshore Banking Unit at Bahrain during the period 1984 to 1989 and as Fund Manager of SBI’s Fund Management for 5 years from 1990 to 1995.  He was Chairman of the Federal Bank Limited during the period 1999 to 2004.  He was recipient of Management Leadership Award from Kerala Management Association in the year 2004.  He joined the Company on March 16, 2005.  He currently is the operational head overseeing the human resources, credit and operations, finance and planning, and secretarial departments of the Company.  

K. R. Bijimon, our Chief General Manager is a Fellow member of the Institute of Chartered Accountants of India, New Delhi. He has over 15 years of experience in the fields of financial services and is employed in the Company since inception. He oversees credit and operations of zonal offices, and the internal audit, marketing, and information technology and vigilance departments of the Company.  He was previously employed as Senior Manager, Finance at Muthoot Bankers.
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Alexander M George, ourHead-Operations (North), is a post graduate degree holder in International Management from Thunderbird, The Garvin School of International Management, Glendale, Arizona, United States of America with specialization in marketing. He also holds an Advanced Diploma in Business Administration from Florida International University Miami, Florida, United States of America. He heads the operations of the Company in Northern India region. He started his career by joining the Company on March 01, 2006. 

Oommen K. Mammen , our Chief Financial Officer is a Fellow member of the Institute of Chartered Accountants of India, New Delhi. He is also a Certified Associate of Indian Institute of Banking and Finance, Mumbai. He has over 12 years of experience in the industry and joined the Company on August 01, 2001.  He oversees finance and planning, and secretarial functions in the Company.  He was previously employed as Manager, Finance of Muthoot Bankers.

Company Financials:

Particulars	For the year/period ended (in Rs. Millions)
	31-Mar-10	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	10,893.80	6,204.02	3,686.38	2,339.65	1,480.62
Profit After Tax (PAT)	2,275.75	977.20	635.97	439.79	271.27

Objects of the Issue:

The Object of the issue are:

1. To augment capital base to meet future capital requirement to provide for funding of loans to customers;
2. General corporate purposes.

Issue Detail:

  »»  Issue Open: Apr 18, 2011 - Apr 21, 2011
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: 51,500,000 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 824.00 - 901.25 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 160 - Rs. 175 Per Equity Share
  »»  Market Lot: 40 Shares
  »»  Minimum Order Quantity: 40 Shares
  »»  Listing At: BSE, NSE

Muthoot Finance Ltd IPO Grading

CRISIL has assigned an IPO Grade 4 to Muthoot Finance Ltd IPO. This means as per CRISIL, company has 'Above Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. 

Muthoot Finance Ltd IPO Tags:

Muthoot Finance IPO, Muthoot Finance Ltd IPO, Muthoot Finance IPO Bidding, Muthoot IPO Allotment Status, Muthoot Finance IPO drhp and Muthoot Finance IPO listing.

Shareholding Pattern / Book Value of Muthoot Finance

	Equity Shares (in crore)	Promoters Holding	Book Value
Pre-issue	320.21	93.00%	Rs 35.00
Post-issue	371.71	80.12% <!--[if !supportLineBreakNewLine]--> <!--[endif]-->

CRISIL has assigned a CRISIL IPO grade of ‘4/5’ (pronounced "four on five") to the proposed IPO of Muthoot Finance Ltd (Muthoot Finance).
This grade indicates that the fundamentals of the IPO are above average relative to other listed equity securities in India. However, this grade is not an opinion on whether the issue price is appropriate in relation to the issue fundamentals. The grade is not a recommendation to buy, sell or hold the graded instrument, its future market price or suitability for a particular investor.
 

ICRA has assigned an „IPO Grade 4‟, indicating above-average fundamentals to the proposed Initial Public Offering of Muthoot Finance Limited (MFL).
ICRA assigns an IPO grading on a scale of IPO Grade 5 through IPO Grade 1, with Grade 5 indicating "strong fundamentals" and Grade 1 indicating "poor fundamentals". Muthoot Finance Limited (MFL) proposes to launch an Initial Public Offering (IPO) through an issue of 5.15 crore equity shares with a face value Rs. 10 with a premium that will be determined through a book-building process.