Svatantra Microfin IPO - Date, Price Band & Details

Muthoot FinCorp Limited was incorporated on June 10, 1997 and is headquartered in Thiruvananthapuram, Kerala. It works in the non-banking financial company (NBFC) sector, part of the Muthoot Pappachan Group.

The company's core business is gold loans, alongside business loans, loans against property, supply chain financing, digital loans, microfinance and housing loans, along with non-fund-based distribution services in insurance and payments. Lending is carried out through its own branch network as well as its digital platform, Muthoot FinCorp ONE, which lets customers access loan products from the company and third-party lenders. The company is led by Thomas John Muthoot as Chairman and Managing Director. As of March 31, 2026, it operated 5,610 branches across India and had over 2.85 million active customers with loan accounts.

Consolidated revenue from operations rose to Rs 11,203.81 crore in FY26 from Rs 8,497.69 crore in FY25, while consolidated profit rose to Rs 1,847.62 crore in FY26 from Rs 607.90 crore in FY25. Assets under management stood at Rs 73,444.72 crore as of March 31, 2026. This is a mainboard IPO comprising entirely a fresh issue of equity shares worth Rs 3,000 crore, with no offer-for-sale component. Proceeds are proposed to be used to augment the company's Tier-I capital base to meet future capital requirements, including onward lending and business growth.