Muthoot Fincorp Limited, the flagship company of Muthoot Pappachan Group (also known as Muthoot Blue) is one of the NBFC – non deposit taking non-banking finance company. They are providing the gold loans to individuals and businesses. The company with having over 3600 branches located in 24 states providing different gold loan products. The main financial products & services they offer are Gold Loans, Small Business Loans, Affordable Housing Loans, Two wheeler Loans, Used-car Loans, Domestic Money Transfer, International Remittance, Foreign Exchange, Insurance Products & Services, Wealth Management Services for the common, Affordable Gold Jewlery and more. Each of these branches is like a financial super-market helping our customer in fulfilling most of her requirements under one roof.
Muthoot Fincorp has a rating of “CRISILA+/Stable” by CRISIL Ratings. Muthoot Fincorp Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) and/or Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) subscription to start on 30 September 2021. Muthoot Fincorp will offer 10.20% interest rates on the NCDs. The NCDs tenure is for 27, 38, 60, 72, and 87 Months Months.
Muthoot Fincorp NCD Issue Details
NCD Issue Open | 30 September 2021 |
NCD Issue Close | 26 October 2021 |
NCD Issue Size | Base: 200 Cr. | Shelf: 200 Cr. |
Price Band | ₹1000 per NCD |
Interest Rate | Upto 10.20% ** (Annually) |
Minimum Investment | 10 Bonds (₹1,000) |
Maximum Investment | 1,000 Bonds (₹10,00,000) |
Listing on | BSE Platform |
Muthoot Fincorp NCD Issue Rating
- CRISIL Ratings: “CRISILA+/Stable”
Muthoot Fincorp NCD Issue Listing
- NCD Bonds will be list on BSE.
Muthoot Fincorp NCD Issue Promoters
- Thomas John Muthoot
- Thomas George Muthoot
- Thomas Muthoot
How to Apply Muthoot Fincorp NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
Muthoot Fincorp NCD (September 2021) Issue Tenure & Interest Rates
Series | Type | Tenor | Interest | Coupon | Eff. Yield |
1 | Secured | 27 Month | Month | 8.25% | 8.57% |
2 | 38 Month | Month | 8.50% | 8.84% | |
3 | 60 Month | Month | 8.75% | 9.10% | |
4 | Unsecured | 72 Month | Month | 9.50% | 9.92% |
5 | 87 Month | Month | 9.75% | 10.20% | |
6 | Secured | 27 Month | Cum. | N/A | 8.58% |
7 | 38 Month | Cum. | N/A | 8.83% | |
8 | 60 Month | Cum. | N/A | 9.10% | |
9 | Unsecured | 87 Month | Cum. | N/A | 10.19% |
Muthoot Fincorp NCD Lead Manager
- SMC Capitals Limited
Muthoot Fincorp NCD Allotment Status
- Muthoot Fincorp NCD issue allotment available on Integrated Registry
NCD Registrar
Integrated Registry Management Services Private Limited
2 nd Floor, Ramakrishna Street, North Usman Road,
T. Nagar, Chennai – 600 017
Phone: + 91 44 2814 0801 to 803
Email: [email protected]
Website: http://www.integratedindia.in/
Company Information
Muthoot Fincorp Limited
Muthoot Centre,
TC No 14/2074-7 Punnen Road,
Trivandrum – 695 039, Kerala
Phone: +91 471 491 1550
Email: [email protected]
Website: https://www.muthootfincorp.com/
Muthoot Fincorp NCD FAQs:
When is Muthoot Fincorp NCD Open?
Muthoot Fincorp NCD to open on September 30 and closes on October 26, 2021.
What is Muthoot Fincorp NCD Price?
The company has fixed the price at ₹1000 per NCD.
What is Muthoot Fincorp NCD Issue Size?
The NCD issue size is ₹400 crores.
On Which platform the Muthoot Fincorp NCD will list?
Muthoot Fincorp NCD will list on BSE Platform.
How to apply for Muthoot Fincorp NCD?
You can apply from your existing demat account online and offline.