10.20% Muthoot Fincorp NCD September 2021 Date, Rating & Interest Rates

IPO Initial Public Offerings
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

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

SeriesTypeTenorInterestCouponEff. Yield
1Secured27 MonthMonth8.25%8.57%
238 MonthMonth8.50%8.84%
360 MonthMonth8.75%9.10%
4Unsecured72 MonthMonth9.50%9.92%
587 MonthMonth9.75%10.20%
6Secured27 MonthCum.N/A8.58%
738 MonthCum.N/A8.83%
860 MonthCum.N/A9.10%
9Unsecured87 MonthCum.N/A10.19%

Muthoot Fincorp NCD Lead Manager

  • SMC Capitals Limited

Muthoot Fincorp NCD Allotment Status

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.

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