Analysts said a series of NBFCs getting listed in the last few months and a wave of other IPOs led to a divergence of focus from Muthoot. Furthermore, the company is more focused on the Southern region and valuation is on par with other listed NBFCs, which might be a reason for the tepid debut on the bourses.
Why it’s getting harder for Tata Sons to resist an IPO
The RBI reportedly rejected Tata Sons’ request for exemption from rules requiring upper-layer NBFCs to list publicly. The decision could intensify pressure on the Tata
September 13, 2026