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 January 2025 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 January 2025 Promoters
- The Company has no identifiable promoters and is a professionally managed company.
How to Apply Muthoot Mercantile NCD January 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 January 2025 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 January 2025 Lead Manager
- Vivro Financial Services Private Limited
Muthoot Mercantile NCD January 2025 Allotment Status
- Muthoot Mercantile NCD issue allotment available on KFintech.
Muthoot Mercantile NCD January 2025 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/
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/
One Response
Hi Sreenivasam,
Its updated, thanks for your notice.