Muthoottu Mini Financiers NCD Issue Details
| NCD Issue Open | 18 August 2021 |
| NCD Issue Close | 09 September 2021 |
| NCD Issue Size | Base: 125 Cr. | Shelf: 125 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Upto 10.47% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Maximum Investment | 1,000 Bonds (₹10,00,000) |
| Listing on | BSE Platform |
Muthoottu Mini Financiers NCD Issue Rating
- CARE Ratings: CARE BBB+ Stable (Triple B Plus; Outlook: Stable)
Muthoottu Mini Financiers NCD Issue Listing
- NCD Bonds will be list on BSE only.
Muthoottu Mini Financiers NCD Issue Promoters
- Nizzy Mathew
- Mathew Muthoottu
How to Apply Muthoottu Mini Financiers 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.
Muthoottu Mini Financiers NCD (August 2021) Issue Tenure & Interest Rates
| Option | Tenure | Interest | Coupon | Eff. Yield | Maturity |
| I | 480 Days | Monthly | 8.75% | 9.11% | 1000 |
| II | 24 Months | Monthly | 9.00% | 9.38% | 1000 |
| III | 24 Months | Cumulative | N/A | 9.54% | 1200 |
| IV | 42 Months | Monthly | 9.50% | 9.92% | 1000 |
| V | 50 Months | Cumulative | N/A | 10.22% | 1500 |
| VI | 66 Months | Monthly | 10.00% | 10.47% | 1000 |
| VII | 84 Months | Cumulative | N/A | 10.41% | 2000 |
About Muthoottu Mini Financiers
Late M Mathew Muthoottu’s vision and strength have seen the growth of the firm from a small chit –fund and gold finance to farmers, traders and needy households, to a Financing Enterprise with an impeccable loan portfolio spread across several states. We are now present in 10 states and 1 Union Territory across India. With the wide network of 800+ branches and more than 3000 employees, we are growing at a fast pace to establish our presence all across India. By servicing more than 3 lakhs customers, the invaluable trust, our customers have in us is our biggest asset. Apart from the Gold Loan Business, Muthoottu Mini is now striving to become a one-stop-shop for all financial requirements of the customer. While we are already equipped with services of insurance, money transfer and wealth management, we aim higher by diversifying our product portfolio in the years to come.
Providing value-based financial services, need-based value-added services like insurance, money transfer, Tours & Travel etc. and also providing high yielding Investment opportunities through Issue of Debentures.
Muthoottu Mini Financiers Ltd is the Flag Ship Company of the M Mathew Muthoottu Group having diverse business interests in not only financing but also in Leisure & Entertainment etc. The M Mathew Muthoottu Foundation is also engaged in socially relevant projects.
Muthoottu Mini Financiers NCD Lead Manager
- Vivro Financial Services Private Limited
Muthoottu Mini Financiers NCD Allotment Status
- Muthoottu Mini Financiers NCD issue allotment available on Linkintime
NCD Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: http://www.linkintime.co.in
Company Information
Muthoottu Mini Financiers Ltd
2/994, Muthoottu Buildings,
Kozhencherry, Pathanamthitta – 689 641,
Kerala, India
Phone: +91 468 231 4391
Email: [email protected]
Website: http://www.muthoottumini.com/
