Gold lender Muthoot FinCorp said to plan nearly Rs 2,800 crore IPO

Muthoot FinCorp, a prominent gold loan lender, is reportedly planning an Initial Public Offering (IPO) that could raise up to $300 million. The company is in discussions with bankers for the offering, which is expected to be a mix of new and existing shares. This move comes despite a challenging market environment for new listings.