Muthoot Fincorp NCD Tranche III December 2024 – Effective Yield 9.5% p.a.

Muthoot Fincorp Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on December 23, 2024. Muthoot Fincorp will offer 9.5% interest rates on the NCDs. Muthoot Fincorp NCD has a rating of CRISIL AA-/Stable by CRISIL Ratings Limited.. The NCDs tenure is for 24, 36, 60, 72, and 92 Months. Check out Muthoot Fincorp NCD 2024 details here.

Muthoot Fincorp NCD Tranche III December 2024

Founded in 1997, Muthoot Fincorp is one of the leading non-deposit-taking NBFC companies in the Indian market. They offer gold loans for personal and business purposes. The company is always ready to solve financial and personal needs of people regarding loans of jewelry and ornaments. The company has a gold loan portfolio of approximately 31.83 lakhs and 30.46 lakhs of loan accounts, operating out of 3,694 branches across 24 states. The company consist of 23,000 employees, including 97 contracted experts. Muthoot Blue Super Value Loan, Swarna Surekha Super Value, Easy Blue, Easy Max, Easy pro, Restart India Pradhan are products that their gold loan portfolio consist of. Moreover, 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 existing loan with Muthoot Fincorp. They refer to this as a “top up loan.” Revenue and profit after tax (PAT) increased by 28% and 62%, respectively, during the fiscal year that ended on March 31, 2024.


Muthoot Fincorp NCD Tranche III December 2024 Details

NCD Issue OpenDecember 23, 2024
NCD Issue CloseJanuary 6, 2025
NCD Issue SizeBase: 100 Cr. | Shelf: 0 Cr.
Price Band₹1000 per NCD
Interest RateUp to 9.5% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingCRISIL AA-/Stable by CRISIL Ratings Limited.
Tenor24, 36, 60, 72, and 92 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Muthoot Fincorp NCD Tranche III December 2024 Promoters

  • The Company’s are Thomas John Muthoo, Thomas Muthoo and Thomas George Muthoo.

How to Apply Muthoot Fincorp NCD Tranche III December 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 Tranche III December 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
124 MonthMonth9%9.38%
236 MonthMonth9.25%9.65%
360 MonthMonth9.45%9.87%
472 MonthMonth9.65%10.08%
524 MonthAnnual9.4%9.4%
636 MonthAnnual9.65%9.65%
760 MonthAnnual9.9%9.89%
872 MonthAnnual10.1%10.1%
924 MonthCumu.NA9.4%
1036 MonthCumu.NA9.65%
1160 MonthCumu.NA9.9%
1272 MonthCumu.NA10.1%
1392 MonthCumu.NA9.5%

Muthoot Fincorp NCD Allocation Ratio

CategoryAllocation
Institutional5%
Non-Institutional10%
HNI35%
Retail50%

Muthoot Fincorp NCD Tranche III December 2024 Lead Manager

  • Nuvama Wealth Management Limited

Muthoot Fincorp NCD Tranche III December 2024 Allotment Status

Muthoot Fincorp NCD Tranche III December 2024 Registrar

Integrated Registry Management Services Private Limited
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: https://www.muthootfincorp.com/

Muthoot Fincorp NCD Tranche III December 2024 FAQs:


When is Muthoot Fincorp NCD Open?

Muthoot Fincorp NCD is to open on December 23, 2024 and close on January 6, 2025.

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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