Support and Resistance Levels
Past performance
About Muthoot Microfin Ltd Muthoot Microfin Limited, part of the Muthoot Pappachan Group, is a key player in South India's microfinance sector, offering micro-loans to rural women entrepreneurs. Founded in 1992 and rebranded in 2012, the company focuses on providing group and individual loans for income generation, life improvement, and health and hygiene solutions. Operating across 16 states and union territories, Muthoot Microfin was granted NBFC-MFI status in 2015, underscoring its regulatory compliance and market reach.
The company has a significant presence with 467 branches and reported a Gross Loan Portfolio of Rs. 29,202.97 million as of March 2018. Muthoot Microfin raised Rs 960 Crores through an IPO in December 2023, further enhancing its financial capacity. It secured Rs 818.12 million from Greater Pacific Capital in 2022 and raised an additional USD 75 million via ECB in 2023, indicating strong investor confidence and strategic financial management aimed at funding diversification and asset-liability management.