Muthoot Mercantile Limited was founded in 1939 and it is a non-banking financial company. Moreover, It offers services such as loans against gold, investments, health insurance, foreign exchange, and money transfers.
This firm believes in building long-lasting relationships with clients by providing high-class services. Further, the success of their business stands on consumer full filed goals and reliability. MML issues Non-Convertible Secured Redeemable Debentures (NCDs) and Subordinate Debts (SDs). These funds are solely used for offering loans. There is no other use for the funds, making investments with Muthoot Mercantile Limited highly secure. For over 84 years, Muthoot has been a leader in small-scale lending, focusing on loans against households and used gold jewelry.
Muthoot Mercantile NCD March 2025 Details
| NCD Issue Open | March 28, 2025 |
| NCD Issue Close | April 15, 2025 |
| NCD Issue Size | Base: 50 Cr. | Shelf: [.] Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 2,000% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Credit Rating | IND BBB/Stable by by India Ratings & Research Private Limited. |
| Tenor | 36, 73 Months and 400 days |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Muthoot Mercantile NCD March 2025 Promoters
- Mathew Mathaininan and Richi Mathew are the company promoters.
How to Apply Muthoot Mercantile NCD March 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 March 2025 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 400 Days | Month | 10% | 1,000% |
| 2 | 400 Days | Cumu. | NA | 1,112% |
| 3 | 36 Month | Month | 10.75% | 1,000% |
| 4 | 36 Month | Cumu. | NA | 1,379% |
| 5 | 73 Month | Cumu. | NA | 2,000% |
Muthoot Mercantile NCD Allocation Ratio
| Category | Allocation |
| Institutional | [.]% |
| Non-Institutional | [.]% |
| HNI | [.]% |
| Retail | [.]% |
Muthoot Mercantile NCD March 2025 Lead Manager
- Vivro Financial Services Private Limited
Muthoot Mercantile NCD March 2025 Allotment Status
- Muthoot Mercantile NCD issue allotment available on KFintech.
Muthoot Mercantile NCD March 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: mml.ncdipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Company Information
Muthoot Mercantile Limited
1st Floor, North Block, Muthoot Floors,
Opposite W&C Hospital, Thycaud,
Thiruvananthapuram, Kerala 695014
Phone: +91-471-277-4800
Email: cs@muthootenterprises.com
Website: https://muthootenterprises.com/
