Muthoot Fincorp NCD August 2024 – Effective Yield 10.1% p.a.

Muthoot Fincorp Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on August 28, 2024. Muthoot Fincorp will offer 10.1% interest rates on the NCDs. Muthoot Fincorp NCD has a rating of CRISIL AA-/Stable by CRISIL Ratings Limited. The NCDs tenure is for 24, 36, 60, 72, and 92 Months. Check out Muthoot Fincorp NCD 2024 details here.
Muthoot Fincorp NCD August 2024

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Muthoot Fincorp Limited is a middle-layer NBFC in Kerala, India. It is offering gold loans for personal and business purposes. The company has a gold loan portfolio of approximately 31.83 lakhs and 30.46 lakhs of loan accounts, operating out of 3,694 branches across 24 states. The company employs 23,000 employees, including 97 contracted experts. The company provides retail loan products, including gold loans, foreign exchange conversion, and money transfer services. It also engages in wind energy generation and sale, real estate, and subsidiary companies. Its competitive advantages are those of a leading gold loan provider among the largest Indian non-banking financial companies (NBFCs), vast experience in the field, positive brand perception and numerous clients.


Muthoot Fincorp NCD August 2024 Details

NCD Issue OpenAugust 10, 2024
NCD Issue CloseSeptember 10, 2024
NCD Issue SizeBase: 100 Cr. | Shelf: 2000 Cr.
Tranche Issue Size350 Cr.
Price Band₹1000 per NCD
Face Value₹1000 each NCD
Interest RateUp to 9.5% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingCRISIL AA-/Stable by CRISIL Ratings Limited
Tenor24, 36, 60, 72, and 92 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Muthoot Fincorp NCD August 2024 Promoters

  • Thomas John Muthoot, Thomas George Muthoot; and Thomas Muthoot are promoters and is a professionally managed company.

How to Apply Muthoot Fincorp NCD August 2024 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 Fincorp NCD Review

  • Avoid

Muthoot Fincorp NCD August 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
124 MonthMonth9%9.38%
236 MonthMonth9.25%9.65%
360 MonthMonth9.45%9.87%
472 MonthMonth9.65%10.09%
524 MonthAnnual9.4%9.4%
636 MonthAnnual9.65%9.65%
760 MonthAnnual9.9%9.89%
872 MonthAnnual10.1%10.1%
924 MonthCumu.NA9.4%
1036 MonthCumu.NA9.65%
1160 MonthCumu.NA9.9%
1272 MonthCumu.NA10.1%
1392 MonthCumu.NA9.5%

Muthoot Fincorp NCD Allocation Ratio

CategoryAllocation
Institutional5%
Non-Institutional10%
HNI35%
Retail50%

Muthoot Fincorp NCD August 2024 Lead Manager

  • Nuvama Wealth Management Limited

Muthoot Fincorp NCD August 2024 Allotment Status

Muthoot Fincorp NCD August 2024 Registrar

Integrated Registry Management Services Private Limited
2nd Floor, Kences Towers,
No.1 Ramakrishna street, North Usman Road,TNagar,
Chennai – 600017
Phone: 044 – 28140801 to 28140803
Email: [email protected]
Website: https://www.integratedregistry.in/registrarstosta.aspx?od=1

Company Information

Muthoot Fincorp Limited
Muthoot Centre,
TC No 27/3022 Punnen Road,
Trivandrum – 695 001
Phone: +91 471 491 1550
Email: [email protected]
Website: http://www.muthootfincorp.com/

Muthoot Fincorp NCD August 2024 FAQs:


When is Muthoot Fincorp NCD Open?

Muthoot Fincorp NCD is to open on August 28, 2024 and close on September 10, 2024.

What is Muthoot Fincorp NCD Price?

The company has fixed the price at ₹1000 per NCD.

What is Muthoot Fincorp NCD Issue Size?

The NCD issue size is ₹100 crores.

On Which platform the Muthoot Fincorp NCD will list?

Muthoot Fincorp NCD will list on BSE Platforms.

How to apply for Muthoot Fincorp NCD?

You can apply from your existing Demat account online and offline.

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