Muthoot Mercantile NCD January 2025 – 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 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/

Muthoot Mercantile NCD January 2025 FAQs:


When is Muthoot Mercantile NCD Open?

Muthoot Mercantile NCD is to open on January 10, 2025 and close on January 23, 2025.

What is Muthoot Mercantile NCD Price?

The company has fixed the price at ₹1000 per NCD.

What is Muthoot Mercantile NCD Issue Size?

The NCD issue size is ₹75 crores.

On Which platform the Muthoot Mercantile NCD will list?

Muthoot Mercantile NCD will list on BSE Platforms.

How to apply for Muthoot Mercantile NCD?

You can apply from your existing Demat account online and offline.

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