Muthoot Fincorp NCD April 2024 – Effective Yield 9.25% p.a.

Muthoot Fincorp Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on April 10, 2024. Muthoot Fincorp will offer 9.25% interest rates on the NCDs. Muthoot Fincorp NCD has a rating of CRISIL AA-/Stable The NCDs tenure is for 26, 38, 60, 72, and 94 months. Check out Muthoot Fincorp NCD 2024 details here.

muthoot-fincorp-ncd

Muthoot Fincorp has been engaged in the Goldloans business for over two decades and is headquartered in Kerala, India. Their Company provides retail loan products, primarily comprised of Gold loans. Their Gold loan products include Muthoot BlueSuper Value Loan, Swarna Suraksha Super Value, Easy Blue, Easy Max, Easy Pro, Restart India Pradhan, Easy Scale-up, and 24×7 Express Gold loan The product of their Company, the “24×7 Express Gold loan” can be utilized by individuals who require quick loans against their gold jewelry and who have an existing loan with the Company. This is a type of top-up loan.


Muthoot Fincorp Tranche I NCD April 2024 Details

NCD Issue OpenApril 10, 2024
NCD Issue CloseApril 25, 2024
NCD Issue SizeBase: 100 Cr. | Shelf: 1100 Cr.
Price Band₹1000 per NCD
Interest RateUp to 9.25% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingCRISIL AA-/Stable
Tenor26, 38, 60, 72, and 94 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Muthoot Fincorp NCD April 2024 Promoters

  • Thomas John Muthoot, Thomas George Muthoot, and Thomas Muthoot are promoters and is a professionally managed company.

How to Apply Muthoot Fincorp NCD April 2024 Issue?

You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.

Muthoot Fincorp NCD Review

  • Avoid

Muthoot Fincorp NCD April 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
126 MonthMonth8.90%9.26%
238 MonthMonth9.15%9.54%
360 MonthMonth9.35%9.75%
472 MonthMonth9.55%9.97%
526 MonthAnnual9.25%9.27%
638 MonthAnnual9.50%9.50%
760 MonthAnnual9.75%9.74%
872 MonthAnnual10.00%10.00%
926 MonthCumu.NA9.27%
1038 MonthCumu.NA9.52%
1160 MonthCumu.NA9.74%
1272 MonthCumu.NA10.00%
1394 MonthCumu.NA9.25%

Muthoot Fincorp NCD Allocation Ratio

CategoryAllocation
Institutional5%
Non-Institutional35%
HNI[.]%
Retail60%

Muthoot Fincorp NCD April 2024 Lead Manager

  • Smc Capitals Limited

Muthoot Fincorp NCD April 2024 Allotment Status

Muthoot Fincorp NCD April 2024 Registrar

Integrated Registry Management Services Private Limited
2nd Floor,
Ramakrishna Street, North Usman Road,
T. Nagar, Chennai – 600 017
Phone: + 91 44 2814 0801 to 803
Email: [email protected]
Website: https://www.integratedindia.in/

Company Information

Muthoot Fincorp Limited
Muthoot Centre,
TC No 27/3022 Punnen Road,
Trivandrum – 695 001
Phone: +91 471 491 1550
Email: [email protected]
Website: http://www.muthootfincorp.com

Muthoot Fincorp NCD April 2024 FAQs:


When is Muthoot Fincorp NCD Open?

Muthoot Fincorp NCD is to open on April 10 and close on April 25, 2024.

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 ₹100 crores.

On Which platform the Muthoot Fincorp NCD will list?

Muthoot Fincorp NCD will list on BSE Platforms.

How to apply for Muthoot Fincorp NCD?

You can apply from your existing Demat account online and offline.

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