Muthoot Mercantile About us
Since its incorporation in 1939, Muthoot Mercantile Limited has been involved in providing loans against gold. It’s a non-banking financial company that offers investments, health insurance, forex, and money transfer services to individuals and businesses. During its 84 years of journey, the company has been involved with its offerings and services.
With branches across Kerala, Tamil Nadu, Maharashtra, Odisha, Delhi, Haryana, Madhya Pradesh, Punjab, and Uttar Pradesh, the company is planning to expand its presence further. With its headquarters situated in Thiruvananthapuram, Kerala, the company has been engaged in offering small loans against household and used gold jewellery. Moreover, the firm has also been involved in the money-lending business for years.
Muthoot Mercantile NCD December 2025 Details
| NCD Issue Open | December 4, 2025 |
| NCD Issue Close | December 17, 2025 |
| NCD Issue Size | Base: 75 Cr. | Shelf: [.] Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 11.73% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSEPlatform |
| Credit Rating | BBB/Stable by India Ratings & Research Private Limited. |
| Tenor | 400 Days, 24, 36, 60, and 75 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Muthoot Mercantile NCD December 2025 Promoters
- Mathew Mathaininan and Richi Mathew are the company promoter
How to Apply Muthoot Mercantile NCD December 2025 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
- May Apply
Muthoot Mercantile NCD December 2025 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 400 Days | Cumu. | NA | 9.71% |
| 2 | 400 Days | Monthly | 9.50% | 9.92% |
| 3 | 24 Months | Cumu. | NA | 10.91% |
| 4 | 24 Months | Monthly | 10.00% | 10.47% |
| 5 | 36 Months | Cumu. | NA | 10.89% |
| 6 | 36 Months | Monthly | 10.25% | 10.75% |
| 7 | 60 Months | Cumu. | NA | 10.41% |
| 8 | 60 Months | Monthly | 10.75% | 11.30% |
| 9 | 75 Months | Cumu. | NA | 11.73% |
Muthoot Mercantile NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 40% |
| HNI | 0% |
| Retail | 50% |
Muthoot Mercantile NCD December 2025 Lead Manager
- Vivro Financial Services Pvt.Ltd.
Muthoot Mercantile NCD December 2025 Allotment Status
- Muthoot Mercantile NCD issue allotment available on KFintech.
Muthoot Mercantile NCD December 2025 Registrar
Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/
Company Information
Muthoot Mercantile Ltd.
1st Floor, North Block, Muthoot Floors,
Opposite W&C Hospital, Thycaud,
Thiruvananthapuram, Kerala 695014
Thiruvananthapuram, Kerala, 695014
Phone: +91-471-277-4800
Email: [email protected]
Website: https://muthootenterprises.com/


