Muthoot Mercantile is a non-deposit taking non-banking financial company- base layer (NBFC – Base Layer) registered with the RBI bearing registration no. N-16-00178 dated December 12, 2002 under section 45-IA of the RBI Act primarily engaged in the gold loan sector lending money against the pledge of household and/or used gold jewellery (Gold Loan) primarily to retail customers who require immediate availability of funds, but who do not have access to formal credit on an immediate basis and are also engaged in providing unsecured loans (Pronote Loan) to individual customers for their personal needs.
Muthoot Mercantile NCD May 2024 Details
| NCD Issue Open | May 6, 2024 |
| NCD Issue Close | May 17, 2024 |
| NCD Issue Size | Base: 50 Cr. | Shelf: 100 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 11.73% ** (Annually) |
| Minimum Investment | 10 NCD |
| Listing on | BSE Platform |
| Credit Rating | IND BBB/Stable by by India Ratings & Research Private Limited |
| Tenor | 367 days, 18, 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 May 2024 Promoters
- Mathew Mathaininan is the promoter of the company.
How to Apply Muthoot Mercantile NCD May 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
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Muthoot Mercantile NCD May 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 367 Days | Month | 10.50% | 11.02% |
| 2 | 367 Days | Cumu. | NA | 10.60% |
| 3 | 18 Months | Month | 10.50% | 11.02% |
| 4 | 18 Months | Cumu. | NA | 10.34% |
| 5 | 24 Months | Month | 10.60% | 11.13% |
| 6 | 24 Months | Cumu. | NA | 10.45% |
| 7 | 36 Months | Month | 10.75% | 11.30% |
| 8 | 36 Months | Cumu. | NA | 10.66% |
| 9 | 60 Months | Month | 10.80% | 11.35% |
| 10 | 60 Months | Cumu. | NA | 10.63% |
| 11 | 75 Months | Cumu. | NA | 11.73% |
Muthoot Mercantile NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 40% |
| Retail | 50% |
Muthoot Mercantile NCD May 2024 Lead Manager
- Vivro Financial Services Private Limited
Muthoot Mercantile NCD May 2024 Allotment Status
- Muthoot Mercantile NCD issue allotment available on KFintech.
Muthoot Mercantile NCD May 2024 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://kosmic.kfintech.com/
Company Information
Muthoot Mercantile Limited
1st Floor, North Block, Muthoot Floors
Opposite W&C Hospital, Thycaud
Thiruvananthapuram 695 014, Kerela, India
Phone: +91-471-277-4800
Email: [email protected]
Website: https://muthootenterprises.com/
