April 21, 2018 9:42 PM ET

Consumer Finance

Company Overview of Muthoot Fincorp Limited

Company Overview

Muthoot Fincorp Limited provides various loan products in India. It offers gold loans, business loans, housing loans, auto loans, and micro finance, as well as money transfer, foreign exchange, insurance, and wealth management services. The company also provides information technology (IT) and IT enabled services to its clients, including software solutions; and loans to purchase products, such as solar lamps, mobile phones, and water purifiers. In addition, it engages in the real estate business. The company serves retail customers, small business men, vendors, traders, farmers, and salaried individuals. It operates approximately 3,800 branches. Muthoot Fincorp Limited was incorporated in 1...

MG Road

Near Spencer's

Trivandrum,  695039

India

Founded in 1997

Phone:

91 47 1391 1550

Fax:

91 47 1233 1560

Key Executives for Muthoot Fincorp Limited

Chairman & MD
Age: 55
Vice President of Finance & Accounts
Executive Director
Age: 51
Executive Vice President
Executive Director and General Counsel
Compensation as of Fiscal Year 2017.

Muthoot Fincorp Limited Key Developments

Muthoot Microfin Plans IPO In 2019

Muthoot Microfin Limited is planning an IPO in 2019. Muthoot Fincorp Limited is also planning to divest some equity to a PE player and plans to raise $50 million. Muthoot Microfin said the IPO will support expansion of our microfinance business we are preparing ourselves for an IPO.

Muthoot Fincorp In Discussions To Raise Funds For Its Microfinance Business

Muthoot Fincorp Limited is in advanced talks with foreign private equity funds to raise between INR 4 billion-INR 5 billion for its microfinance business as it looks to expand its diversified lending portfolio with more consumer-centric products and insulate itself from the impact of volatile gold prices.

Muthoot Fincorp Limited, Board Meeting, Jun 06, 2016

Muthoot Fincorp Limited, Board Meeting, Jun 06, 2016. Agenda: To consider and approve the issuance of non-convertible debt securities by the way of public issue or private placement for the fiscal year of 2017.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 19, 2017
Fairassets Technologies Private Limited
\
 

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