In the Indian market Muthoot Fincorp is one of the finest leading companies for prominent gold loans. Our company is always ready to solve financial and personal needs of people regarding loans of jewelry and ornaments. Muthoot Fincorp is the middle layer Non Banking Financial Company Middle layer which is registered under RBI registration no N-16.00170 dated July 23, 2002 under section 45 IA of the RBI Act.
We can proudly announce that as of June 30,2024 and March 31,2024 the gold loan portfolio of our company covered approximately 31.83 Lakhs and 30.46 lakhs loan accounts. Starting from June 30, 2024, our company has over 3694 branches located all over India, in exactly 24 states. Our company also operated on the union territory of Adaman and Nicobar Islands and the national capital territory of delhi. In addition, we assisted 23,000 job seekers, including 97 outside specialists for its operations.
Muthoot Blue Super Value Loan, Swarna Surekha Super Value, Easy Blue, Easy Max, Easy pro, Restart India Pradhan are products that our gold loan we also include providing 24×7 Express Gold loan. Our company’s best product, the 24×7 express gold loan will be going to benefit all individuals who are in need of urgent loans on gold jewelry as well as be helpful for the people who already have an extant loan with Muthoot Fincorp. This is what we call a Top up loan.
Revenues from our gold loan business accounted for 74.38%, 85.76%, 92.09%, and 93.04% of our total income on an independent basis in the quarter ended June 30, 2024, Fiscal 2024, Fiscal 2023, and Fiscal 2022, respectively, according to Ind AS. Our company’s gold loan portfolio earned interest of ₹ 92,549.70, ₹ 3,44,395.44 lakhs, ₹ 3,21,521.00 lakhs, and ₹ 3,09,629.21 lakhs on a standalone basis as per Ind AS for the quarters ended June 30, 2024, Fiscal 2024, Fiscal 2024, Fiscal 2023, and Fiscal 2022.
Muthoot Fincorp NCD Tranche II October 2024 Details
| NCD Issue Open | October 11, 2024 |
| NCD Issue Close | October 24, 2024 |
| NCD Issue Size | Base: 75.00 Cr. | Shelf: 2,000.00 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 9.5% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Credit Rating | CRISIL AA-/Stable by CRISIL Ratings Limited |
| Tenor | 24, 36, 60, 72, and 92 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Muthoot Fincorp NCD Tranche II October 2024 Promoters
- The promoters of the company are Thomas John Muthoot, Thomas George Muthoot and Thomas Muthoot.
How to Apply Muthoot Fincorp NCD Tranche II October 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 Tranche II Review
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Muthoot Fincorp NCD Tranche II October 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 24 Month | Month | 9% | 9.38% |
| 2 | 36 Month | Month | 9.25% | 9.65% |
| 3 | 60 Month | Month | 9.45% | 9.87% |
| 4 | 72 Month | Month | 9.65% | 10.09% |
| 5 | 24 Month | Annual | 9.4% | 9.4% |
| 6 | 36 Month | Annual | 9.65% | 9.65% |
| 7 | 60 Month | Annual | 9.9% | 9.89% |
| 8 | 72 Month | Annual | 10.1% | 10.1% |
| 9 | 24 Month | Cumu. | NA | 9.4% |
| 10 | 36 Month | Cumu. | NA | 9.65% |
| 11 | 60 Month | Cumu. | NA | 9.9% |
| 12 | 72 Month | Cumu. | NA | 10.1% |
| 13 | 92 Month | Cumu. | NA | 9.5% |
Muthoot Fincorp NCD Tranche II Allocation Ratio
| Category | Allocation |
| Institutional | 5% |
| Non-Institutional | 10% |
| HNI | 35% |
| Retail | 50% |
Muthoot Fincorp NCD Tranche II October 2024 Lead Manager
- Nuvama Wealth Management Limited
Muthoot Fincorp NCD Tranche II October 2024 Allotment Status
- Muthoot Fincorp NCD Tranche II issue allotment available on Integrated Registry..
Muthoot Fincorp NCD Tranche II October 2024 Registrar
Integrated Registry Management Services Private Limited
2nd Floor, Kences Towers,
No.1 Ramakrishna street, North Usman Road, TNagar,
Chennai – 600017
Phone: 044 – 28140801 to 28140803
Email: [email protected]
Website: https://www.integratedregistry.in/registrarstosta.aspx?od=1
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/
