Muthoot Mercantile NCD December 2024 – Effective Yield 12.07% p.a.

Muthoot Mercantile Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on January 10, 2025. Muthoot Mercantile will offer 12.07% interest rates on the NCDs. Muthoot Mercantile NCD has a rating of IND BBB/Stable by by India Ratings & Research Private Limited.. The NCDs tenure is for 400 days, 20, 36,60 and 73 Months. Check out Muthoot Mercantile NCD 2025 details here.

Muthoot Mercantile Limited was founded in 1939 it’s not an ordinary loan company but it’s focused on building strong, trustworthy connections with its customers. Muthoot Mercantile Limited (MML) was established as a public company in 1997 and became a registered Non-Banking Finance Company with the Reserve Bank of India in 2002. After a year it has spread a strong and vibrant impression on the financial industry. It has the main business of providing gold loans, investments, health insurance, forex services, and money transfers. At Muthoot Mercantile Ltd, they take responsibility for keeping safety on a serious mode and have a belief that customer satisfaction is their business success. Financially, it has around INR 1 cr to 100 cr revenue ratio for the year ending 31 March 2021. Moreover, Muthoot Mercantile is involved in various CSR initiatives aimed at improving social welfare.

Muthoot Mercantile NCD December 2024 Details

NCD Issue Open	January 10, 2025
NCD Issue Close	January 23, 2025
NCD Issue Size	Base: 75 Cr. \| Shelf: 0 Cr.
Price Band	₹1000 per NCD
Interest Rate	Up to 12.07% ** (Annually)
Minimum Investment	10 Bonds (₹10,000)
Listing on	BSE Platform
Credit Rating	IND BBB/Stable by by India Ratings & Research Private Limited
Tenor	400 days, 20, 36,60 and 73 Months
Basis of Allotment	First Come First Serve Basis
DRHP Document	Click Here
RHP Document	Click Here

Muthoot Mercantile NCD December 2024 Promoters

The Company has no identifiable promoters and is a professionally managed company.

How to Apply Muthoot Mercantile NCD December 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 Mercantile NCD Review

Avoid

Muthoot Mercantile NCD December 2024 Tenure & Interest Rates

Opt	Tenure	Payment	Coupon	Eff. Yield
1	400 Days	Month	10%	10.47%
2	400 Days	Cumu.	NA	10.17%
3	20 Months	Month	10.15%	10.64%
4	20 Months	Cumu.	NA	10.16%
5	36 Months	Month	10.75%	11.3%
6	36 Months	Cumu.	NA	10.6%
7	60 Months	Month	11%	11.57%
8	60 Months	Cumu.	NA	10.64%
9	73 Months	Cumu.	NA	12.07%

Muthoot Mercantile NCD Allocation Ratio

Category	Allocation
Institutional	10%
Non-Institutional	40%
HNI	00%
Retail	50%

Muthoot Mercantile NCD December 2024 Lead Manager

Vivro Financial Services Private Limited

Muthoot Mercantile NCD December 2024 Allotment Status

Muthoot Mercantile NCD issue allotment available on KFintech.

Muthoot Mercantile NCD December 2024 Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 0407961750
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/