Muthoot FinCorp to Launch ₹4,000 Crore IPO, Stock Split, and Fundraising Initiatives

Muthoot FinCorp Announces Plans for ₹4,000 Crore IPO, Stock Split, and NCDs Issuance

Muthoot FinCorp, a leading financial services company, has cleared a proposal to raise up to ₹4,000 crore through an initial public offering (IPO) of equity shares, subject to shareholders' approval, along with a stock split and fundraising plans via non-convertible debentures (NCDs). The proposed ₹4,000 crore IPO will consist of a fresh issue of equity shares with a face value of ₹10 each, and the company has stated that the offering will be subject to prevailing market conditions, regulatory approvals, and other necessary clearances.

In addition to the IPO, Muthoot FinCorp has also approved a stock split, subdividing each fully paid-up equity share with a face value of ₹10 into five equity shares with a face value of ₹2 each, along with the required amendments to the memorandum of association. Furthermore, the company has cleared a proposal to raise up to ₹4,000 crore through the public issuance of NCDs during the period from July 1, 2026, to June 30, 2027.

Muthoot FinCorp has also sanctioned fundraising through commercial papers, with a total issuance limit of ₹30,000 crore and a maximum outstanding limit of ₹10,000 crore at any given time. The Stock Allotment Committee has been empowered to exercise authority regarding the issuance and allotment of securities as required.

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Muthoot FinCorp Reports Strong Q4 Results

Muthoot FinCorp's standalone business posted a robust performance, with assets under management (AUM) reaching ₹56,185.10 crore, profit after tax (PAT) at ₹1,640.21 crore, and revenue at ₹8,364.28 crore as of March 2026. During Q4 FY26, the company maintained strong growth momentum, reporting consolidated PAT of ₹664.03 crore and revenue of ₹3,355.97 crore.

The standalone entity also reported healthy asset quality and profitability metrics, with gross non-performing assets (GNPA) at 1.03%, net non-performing assets (NNPA) at 0.57%, and return on assets (ROA) improving to 4.16%, up 121 basis points.

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