Forex Investment & Trade Agency

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Sunday, 8 December 2013

Muthoot Finance - a new equity investment opportunity - last day tomorrow


Price Range: Rs.160 to Rs.175, Issue End Date: April 21, 2011

With IPO Grade of 4 and book value of Rs.78,Muthoot Finance IPO can be considered for long term equity investment. Yes, the IPO is closing tomorrow, but if you believe in MFL’s unique business model, you shouldn’t miss the opportunity. More importantly, today the IPO has subscribed 25 times in QIB category, this shows how interested FIIs, DIIs, and MFs are in this IPO.
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