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Muthoot Finance NCD May 2022 Date, Rating & Interest Rates

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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

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

OptTenurePaymentCouponEff. Yield
I26 MonthMonth7.25%7.25%
II60 MonthMonth7.50%7.50%
III36 MonthAnnual7.50%7.50%
IV60 MonthAnnual7.75%7.75%
V84 MonthAnnual8.00%8.00%
VI36 MonthNANA7.50%
VII60 MonthNANA7.75%

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/

Muthoot Finance NCD May 2022 FAQs:

When is Muthoot Finance NCD Open?

Muthoot Finance NCD is to open on May 25 and close on June 17, 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 ₹75 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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