Muthoot FinCorp announces ₹4,000 crore IPO, stock split and fundraising plans. Details here by Live mint | May 17, 2026 1:06 pm | Indian Stocks, Market, News On May 16, Muthoot FinCorp said its board had approved a proposal to raise up to ₹4,000 crore through an initial public offering (IPO) of equity shares, along with stock split and fundraising plans via NCDs.