Muthoot Finance Ltd. was incorporated in 1997 based in Kerala. Muthoot Finance is a gold loan NBFC company providing gold loans range begins from ₹1500 to no maximum limit. They offer Gold Loan, Housing Finance (Home Loans), Personal Loan, Insurance, Gold Coins, Money Transfer Services, Foreign Exchange, Mutual Funds, Micro Finance, and Vehicle loan. They have a network of over 5000 branches with over 40000 employees working with the company. They have a huge client base as well.
Muthoot Finance has a rating of ICRA AA+/Stable. Muthoot Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 25 May 2022. Muthoot Finance will offer 8.00% interest rates on the NCDs. The NCDs tenure is for 36, 60 and 84 months.
Muthoot Finance NCD May 2022 Issue Details
| NCD Issue Open | May 25, 2022 |
| NCD Issue Close | June 17, 2022 |
| NCD Issue Size | Base: 75 Cr. | Shelf: 225 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 8.00% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on | BSE Platform |
| Credit Rating | ICRA AA+/Stable |
| Tenor | 36, 60 and 84 months |
| Basis of Allotment | First Come First Serve Basis |
Muthoot Finance NCD May 2022 Promoters
- George Thomas Muthoot
- George Jacob Muthoot
- George Alexander Muthoot
How to Apply Muthoot Finance NCD May 2022 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 Finance NCD May 2022 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 26 Month | Month | 7.25% | 7.25% |
| II | 60 Month | Month | 7.50% | 7.50% |
| III | 36 Month | Annual | 7.50% | 7.50% |
| IV | 60 Month | Annual | 7.75% | 7.75% |
| V | 84 Month | Annual | 8.00% | 8.00% |
| VI | 36 Month | NA | NA | 7.50% |
| VII | 60 Month | NA | NA | 7.75% |
Muthoot Finance NCD May 2022 Lead Manager
- A.K. Capital Services Limited
Muthoot Finance NCD May 2022 Allotment Status
- Muthoot Finance NCD issue allotment available on Linkintime
Muthoot Finance NCD May 2022 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: https://linkintime.co.in/
Company Information
Muthoot Finance Limited
2 nd Floor, Muthoot Chambers,
Opposite Saritha Theatre Complex,
Banerji Road, Kochi 682 018
Phone: (+91 484) 239 4712
Email: [email protected]
Website: https://www.muthootfinance.com/
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