Muthoot Fincorp IPO

Incorporated in June 1997, Muthoot FinCorp Limited is a diversified non-banking financial company (NBFC) anchored by its flagship gold loan business, serving underserved households and small businesses across India. The Company offers a wide range of financial products including gold loans, business loans, loans against property, supply chain finance, digital loans, personal loans and housing loans, along with insurance, payments, savings and other financial services. It operates as part of the Muthoot Pappachan Group, leveraging its strong brand legacy, extensive distribution network and customer trust. The Company follows a customer-centric and omnichannel “phygital” business model, combining its extensive physical branch network with digital platforms to provide convenient and flexible financial services. Gold loans remain the core business and anchor the Company’s customer franchise, while its diversified product portfolio enables it to address customers’ evolving financial needs. The Company serves retail households, small business owners, traders, vendors, farmers, women entrepreneurs, salaried individuals, MSMEs and self-employed customers. As of March 31, 2026, the Company had 47,323 employees operating across 5,610 branches, with a strong workforce across branch business, sales, risk and audit, collections, operations, technology, product and support functions. Its operations are supported by technology-enabled underwriting, risk management, digital KYC, customer servicing and collection capabilities. Strengths Gold loan-focused NBFC with a diversified financial services portfolio. Strong brand recall and established parentage of the Muthoot Pappachan Group. Extensive omnichannel “phygital” distribution network with 5,610 branches. Customer-centric product portfolio catering to diverse financial needs. Robust underwriting and technology-enabled risk management framework. Strong and diversified borrowing profile. Track record of sustainable and profitable financial growth. Experienced professional management team backed by seasoned promoters.