Muthoot Microfin booked 11.52x, Suraj Estate 15.65x

Thursday 21st December, 2023

Article Details
Publication Business Standard Edition
New Delhi
 Language English
Source Bureau Supplement The Smart Investor Page 1
CCM 5.67 MAV 8,505 Circulation 11,438
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Muthoot Microfin booked 11.52Xx, Suraj Estate 15.65x The initial public offering (IPO) of Muthoot Microfin, the microfinance subsidiary of Muthoot Pappachan group, received 11.52 times subscription on the closing day of bidding on Wednesday. Meanwhile, the initial share sale of Suraj Estate Developers fetched 15.65 times subscription on the last day of bidding on Wednesday.