8.00% Muthoot Finance NCD October 2022 Details

Muthoot Finance

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Muthoot Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on October 6, 2022. Muthoot Finance will offer 8.00% interest rates on the NCDs. Muthoot Finance NCD has a rating of ICRA AA+/Stable. The NCDs tenure is for 36, 24 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 October 2022 Issue Details

NCD Issue OpenOctober 6, 2022
NCD Issue CloseOctober 28, 2022
NCD Issue SizeBase: 300 Cr. | Shelf: 3000 Cr.
Price Band₹1000 per NCD
Interest RateUp to 8.00% ** (Annually)
Minimum Investment10 Bond (₹10,000)
Listing onBSE Platform
Credit RatingICRA AA+/Stable
Tenor36, 24 and 60 months
Basis of AllotmentFirst Come First Serve Basis

Muthoot Finance NCD October 2022 Promoters

  • George Thomas Muthoot
  • George Jacob Muthoot
  • George Alexander Muthoot

How to Apply Muthoot Finance NCD October 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 October 2022 Tenure & Interest Rates

SeriesTenurePaymentCouponEff. Yield
I36 MonthMonth7.00%7.50%
II60 MonthMonth7.25%7.75%
III24 MonthAnnual7.00%7.50%
IV36 MonthAnnual7.25%7.75%
V60 MonthAnnual7.50%8.00%
VI36 MonthNANA7.75%
VII60 MonthNANA8.00%

Muthoot Finance NCD October 2022 Lead Manager

  • A.K. Capital Services Limited

Muthoot Finance NCD October 2022 Allotment Status

  • Muthoot Finance NCD issue allotment available on Linkintime

Muthoot Finance NCD October 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/

Muthoot Finance NCD October 2022 FAQs:

When is Muthoot Finance NCD Open?

Muthoot Finance NCD is to open on October 6 and close on October 28, 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 ₹300 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.

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