Muthoot Fincorp Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on January 2, 2023. Muthoot Fincorp will offer 8.83% interest rates on the NCDs. Muthoot Fincorp NCD has a rating of CRISIL AA-/Stable by CRISIL Ratings Limited. The NCDs tenure is for 27, 38, 48 and 60 Months. Check out Muthoot Fincorp NCD 2023 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 Fincorp NCD January 2023 Issue Details
| NCD Issue Open | January 2, 2023 |
| NCD Issue Close | January 27, 2023 |
| NCD Issue Size | Base: 200 Cr. | Shelf: 200 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 8.83% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on | BSE Platform |
| Credit Rating | CRISIL AA-/Stable by CRISIL Ratings Limited |
| Tenor | 27, 38, 48 and 60 Months |
| Basis of Allotment | First Come First Serve Basis |
Muthoot Fincorp NCD January 2023 Promoters
- Mr. Thomas John Muthoot
- Mr. Thomas George Muthoot
- Mr. Thomas Muthoot
How to Apply Muthoot Fincorp NCD January 2023 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 January 2023 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 27 Month | Month | 8.10% | 8.40% |
| II | 38 Month | Month | 8.25% | 8.56% |
| III | 48 Month | Month | 8.40% | 8.72% |
| IV | 60 Month | Month | 8.50% | 8.83% |
| V | 48 Month | Annual | 8.70% | 8.69% |
| VI | 60 Month | Annual | 8.80% | 8.79% |
| VII | 27 Month | Cumu. | NA | 8.41% |
| VIII | 38 Month | Cumu. | NA | 8.57% |
Muthoot Fincorp NCD January 2023 Lead Manager
- SMC Capitals Limited
Muthoot Fincorp NCD January 2023 Allotment Status
- Muthoot Fincorp NCD issue allotment available on Integrated Registry Management Services.
Muthoot Fincorp NCD January 2023 Registrar
Integrated Registry Management Services Private Limited
2nd Floor, Ramakrishna Street, North Usman Road,
T. Nagar, Chennai – 600 017
Phone: + 91 44 2814 0801 to 803
Email: [email protected]
Website: http://www.integratedindia.in/
Company Information
Muthoot Fincorp Limited
Muthoot Centre,
TC No 14/2074-7 Punnen Road,
Trivandrum – 695 039, Kerala
Phone: +91 471 491 1550
Email: [email protected]
Website: https://www.muthootfincorp.com/
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