Muthoot Pappachan Group plans Rs 1,800-cr IPO for MFI arm
The company is planning to raise Rs 1,200 crore of primary capital, and there can be a small offer for sale by the external investors, but none of them has indicated that they want to exit the company, Sadaf Sayeed, the chief executive of Muthoot Microfin, told PTI from New Delhi.