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The Economic Times
The Economic Times

Muthoot Fincorp files draft papers for Rs 3,000 cr IPO to boost capital base

Muthoot FinCorp IPO SEBI Gold

Muthoot Fincorp Ltd, part of the Muthoot Pappachan Group, has filed draft papers with markets regulator Sebi to raise Rs 3,000 crore through an Initial Public Offering (IPO) to strengthen its capital base.

The IPO is entirely a fresh issue of equity shares, according to the Draft Red Herring Prospectus (DRHP) filed on Wednesday.

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