26 anchor investors put in Rs 285 crore in Muthoot Microfin ahead of IPO
The IPO-bound NBFC-MFI has allocated a total of 98 lakh equity shares to anchor investors at Rs 291 apiece.The company, a part of the Muthoot Pappachan Group and promoted by Muthoot Fincorp, fixed a price band of Rs 277-291 per equity share for the IPO, which comprises a fresh issue amounting to Rs 760 crore and an OFS aggregating to Rs 200 crore.
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