In today’s briefing:
- Muthoot Microfin IPO – RHP Updates, Quick Peer Comparison and Thoughts on Valuation
Muthoot Microfin IPO – RHP Updates, Quick Peer Comparison and Thoughts on Valuation
- Muthoot Microfin (1363943D IN) is looking to raise up to US$116m in its Indian IPO, after downsizing from an earlier reported float of US$163m.
- Muthoot Microfin (MMF) is a microfinance institution providing micro-loans to women customers with a focus on the rural regions of India.
- In our previous note, we looked at the company’s performance. In this note, we talk about the company’s RHP updates and share our quick thoughts on peer comp and valuation.
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