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 07 April 2022. Muthoot Finance will offer 8.00% interest rates on the NCDs. The NCDs tenure is for 36, 60, 84, and 120 months.
Muthoot Finance NCD Issue Details
| NCD Issue Open | 07 April 2022 |
| NCD Issue Close | 29 April 2022 |
| NCD Issue Size | Base: 100 Cr. | Shelf: 400 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 8.00% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on | BSE Platform |
Muthoot Finance NCD Issue Rating
- Credit Rating: ICRA AA+/Stable
Muthoot Finance NCD Issue Listing
- NCD Bonds to list on BSE platforms.
Muthoot Finance NCD Issue Promoters
- George Thomas Muthoot
- George Jacob Muthoot
- George Alexander Muthoot
How to Apply Muthoot Finance NCD 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 said amount. You can submit it to the collection centers.
Muthoot Finance NCD (April 2022) Issue Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 36 Month | Month | 7.00% | 7.00% |
| II | 60 Month | Month | 7.25% | 7.25% |
| III | 36 Month | Annual | 7.25% | 7.25% |
| IV | 60 Month | Annual | 7.50% | 7.50% |
| V | 84 Month | Annual | 7.75% | 7.75% |
| VI | 120 Month | Annual | 8.00% | 8.00% |
| VII | 36 Month | NA | 7.25% | 7.25% |
| VII | 60 Month | NA | 7.50% | 7.50% |
Muthoot Finance NCD Lead Manager
- A.K. Capital Services Limited
Muthoot Finance NCD Allotment Status
- Muthoot Finance 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: 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/
Muthoot Finance NCD FAQs:
When is Muthoot Finance NCD Open?
Muthoot Finance NCD is to open on April 07 and close on April 29, 2022.
What is Muthoot Finance NCD Price?
The company has fixed the price at ₹1000 per NCD.
What is Muthoot Finance NCD Issue Size?
The NCD issue size is ₹100 crores.
On Which platform the Muthoot Finance NCD will list?
Muthoot Finance NCD will list on BSE Platforms.
How to apply for Muthoot Finance NCD?
You can apply from your existing Demat account online and offline.
Follow IPO Watch for the latest IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
