Muthoot Mercantile Business Overview
Muthoot Mercantile Limited, founded in 1939, is an NBFC (Non-Banking Finance Company) that offers gold loans, investment-related services, health insurance, foreign exchange (forex) services, and money transfer services. Basically, the company raises money from Non-Convertible Debentures (NCDs) and Subordinate Debentures (SDs), and uses the money to give gold loans to customers.
The firm operates its business across Kerala, Tamil Nadu, Maharashtra, Odisha, Delhi, Haryana, Madhya Pradesh, Punjab, and Uttar Pradesh. Its headquarters are situated in Thiruvananthapuram, a city in the south Indian state of Kerala. Muthoot Mercantile is not just a basic lending company, but a place that is built on relationship and trust. The company is mainly involved in providing gold loans against the pledge of Gold jewellery and ornaments.
Muthoot Mercantile NCD May 2026 Details
| NCD Issue Open | May 29, 2026 |
| NCD Issue Close | June 11, 2026 |
| Issue Size (Base) | ₹75 Crores |
| Overall Issue Size | ₹150 Crores |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 12.07% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Tenor | 400 Days, 24, 36, and 73 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document |  |
| RHP Document | |
NCD Rating
| Rating Agency | NCD Rating |
| Crisil Ratings Limited | Crisil BBB+/Stable |
Muthoot Mercantile NCD May 2026 Promoters
- The promoters of the company are Mathew Mathaininan and Richi Mathew.
How to Apply Muthoot Mercantile NCD May 2026 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 May 2026 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 400 Days | Monthly | 10.50% | 11.02% |
| 2 | 400 Days | Cumu. | NA | 10.94% |
| 3 | 24 Months | Monthly | 10.75% | 11.30% |
| 4 | 24 Months | Cumu. | NA | 11.36% |
| 5 | 36 Months | Monthly | 11.00% | 11.57% |
| 6 | 36 Months | Cumu. | NA | 11.60% |
| 7 | 73 Months | Cumu. | NA | 12.07% |
Muthoot Mercantile NCD Allocation Ratio
| Category | Allocation |
| Institutional | -% |
| Non-Institutional | -% |
| HNI | -% |
| Retail | -% |
Muthoot Mercantile NCD May 2026 Lead Manager
- Vivro Financial Services Pvt. Ltd.
Muthoot Mercantile NCD May 2026 Allotment Status
- Muthoot Mercantile NCD issue allotment is available on KfinTech.
Muthoot Mercantile NCD May 2026 Registrar
Kfin Technologies Ltd.
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/
One Response
It is desriable if you can give a details on financials also. That will be of great help for us to take a decision.