Is Muthoot Finance a multibagger?

Based on the properties above we acknowledge that Muthoot Finance may encounter 2X plus growth in 5 years but given the Concern Factors it does not possess all the good qualities of a Multibagger. Hence advising to avoid this stock.

Is Muthoot Finance a public limited company?

Muthoot Finance Ltd. The company was converted into a public limited company on November 18, 2008 with the name “Muthoot Finance Limited” and received a fresh certificate of incorporation consequent upon change in status on December 02, 2008 from the RoC.

Is Muthoot Finance part of nifty?

Abbott, IGL, Muthoot Finance to be added to Nifty Next 50 from June 26.

Is Muthoot Finance good for long term?

That means EPS growth is considered a real positive by most successful long-term investors. Impressively, Muthoot Finance has grown EPS by 27% per year, compound, in the last three years. If the company can sustain that sort of growth, we’d expect shareholders to come away winners.

How good is Muthoot Finance?

Muthoot Finance is a big fraud company They put interest rate of 22-25%, there system have so many glitches and the your ECS gets bounce due to their technical issue. And then they will ask you pay bounce charges and will demand additional money to remove your account from CIBIL that’s how they blackmail.

Is Muthoot 800 years old?

The Muthoot Group, which has a family legacy of 800 years, was founded in 1887 by Late Shri Ninan Mathai Muthoot, as a modest trading business in the remote village of Kozhencherry in Kerala.

Is Muthoot Finance under RBI?

The Company was incorporated in 1992 as Muthoot Leasing and Finance Ltd. MVFL, as per the certification by Reserve Bank of India, is a Deposit taking Asset Finance Company (DAFC).

Is Muthoot Finance a NBFC?

Muthoot Finance Limited is a gold financing company. The company is a non-banking financial company (NBFC) which is engaged in providing loan (financing) against collateral of gold jewellery. The company has a network of more than 5,190 branches all over India.

Is Muthoot Finance a Large Cap company?

Muthoot Finance Ltd., incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 63483.05 Crore) operating in NBFC sector.

Is it good to buy Muthoot Finance?

Despite the near term aberrations in margins, the stock continues to be a good bet for the long term, given its strong business fundamentals and its balance sheet strength that can help sustain pressures from competition.

What is the IPO page of Muthoot Finance Ltd?

The IPO page of Muthoot Finance Ltd. captures the details on its Issue Open Date, Issue Close Date, Listing Date, Face Value, Price band, Issue Size, Issue Type, and Listing Date’s Open Price, High Price, Low Price, Close price and Volume. It also captures the Holding Period Returns and Annual Returns.

What is the price of meetmuthoot IPO?

Muthoot IPO is a main-board IPO of 51,500,000 equity shares of the face value of ₹10 aggregating up to ₹901.25 Crores. The issue is priced at ₹160 to ₹175 per equity share.

How many branches does Muthoot Finance have?

Muthoot Finance provides personal and business loans secured by gold jewellery, or Gold Loans. They have 1605 branches across 20 states and two union territories in India. Customers of Muthoot Finance are typically small businessmen, vendors, traders, farmers and salaried individuals.

What is the rate of interest on muthoottu mini financiers?

Muthoottu Mini Financiers Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) and/or Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) subscription to start on 18 August 2021. Muthoottu Mini Financiers will offer 10.47% interest rates on the NCDs.