Muthoot Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on November 28, 2022. Muthoot Finance will offer 8.25% interest rates on the NCDs. Muthoot Finance NCD has a rating of ICRA AA+/Stable. The NCDs tenure is for 24, 36 and 60 months. Check out Muthoot Finance NCD 2022 details here.
Muthoot Fincorp Limited, the flagship company of Muthoot Pappachan Group (also known as Muthoot Blue) is one of the NBFC non-deposit-taking non-banking finance companies. They are providing gold loans to individuals and businesses. The company with having over 3600 branches located in 24 states providing different gold loan products. The main financial products & services they offer are Gold Loans, Small Business Loans, Affordable Housing Loans, Two-wheeler Loans, Used-car Loans, Domestic Money Transfer, International Remittance, Foreign Exchange, Insurance Products & Services, Wealth Management Services for the common, Affordable Gold Jewelry and more. Each of these branches is like a financial super-market helping our customer in fulfilling most of her requirements under one roof.
Muthoot Finance NCD December 2022 Issue Details
| NCD Issue Open | November 28, 2022 |
| NCD Issue Close | December 19, 2022 |
| NCD Issue Size | Base: 75 Cr. | Shelf: 3000 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 8.25% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on | BSE Platform |
| Credit Rating | ICRA AA+/Stable |
| Tenor | 24, 36 and 60 months |
| Basis of Allotment | First Come First Serve Basis |
Muthoot Finance NCD December 2022 Promoters
- George Thomas Muthoot
- George Jacob Muthoot
- George Alexander Muthoot
How to Apply Muthoot Finance NCD December 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 December 2022 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 36 Month | Month | 7.85% | 7.85% |
| II | 60 Month | Month | 8.00% | 8.00% |
| III | 24 Month | Annual | 7.75% | 7.75% |
| IV | 36 Month | Annual | 8.10% | 8.10% |
| V | 60 Month | Annual | 8.25% | 8.25% |
| VI | 36 Month | NA | NA | 8.10% |
| VII | 60 Month | NA | NA | 8.25% |
Muthoot Finance NCD December 2022 Lead Manager
- A.K. Capital Services Limited
Muthoot Finance NCD December 2022 Allotment Status
- Muthoot Finance NCD issue allotment available on Linkintime.
Muthoot Finance NCD December 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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