► Upstox (₹20/trade)

Muthoottu Mini Financiers NCD April 2022 Date, Rating & Interest Rates

Table of Contents

Muthoottu Mini Financiers Ltd is an NBFC company based in Kerala, incorporated in 1998. They are in a gold loan business, providing money against the pledge of gold jewellery. Apart from the gold loan business they also offer depository participant services, money transfer services, insurance broking services, PAN card-related services, and travel agency services. They have over 3000 employees and over 750 branches in India. They also provide Mahila Loan for Empowering Women Entrepreneurs, Aas was Loan for Strengthening the Rural poor community, Easy EMI Loan for Customized solution for salaried customers, Online Gold Loan for giving the loan directly to customer’s account, and Prepay loan to pay interest upfront and to get interest free repayments.

Muthoottu Mini Financiers has a rating of CARE BBB+ by CARE Ratings Limited. Muthoottu Mini Financiers Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 20 April 2022. Muthoottu Mini Financiers will offer 10.00% interest rates on the NCDs. The NCDs tenure is for 480 Days, 24, 36, 48, and 66 Months.

Muthoottu Mini Financiers

Muthoottu Mini Financiers NCD April 2022 Issue Details

 NCD Issue Open 20 April 2022
 NCD Issue Close 17 May 2022
 NCD Issue Size Base: 125 Cr. | Shelf: 125 Cr.
 Price Band ₹1000 per NCD
 Interest Rate Up to 10.00% ** (Annually)
 Minimum Investment 10 Bonds (₹1,000)
 Listing on BSE Platform
 Credit Rating CARE BBB+ by CARE Ratings Limited
 Tenor 480 Days, 24, 36, 48 and 66 Months
 Basis of Allotment First Come First Serve Basis

Muthoottu Mini Financiers NCD April 2022 Promoters

  • Nizzy Mathew
  • Mathew Muthoottu

How to Apply Muthoottu Mini Financiers NCD April 2022 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.

Muthoottu Mini Financiers NCD April 2022 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
I480 DaysMonth8.00%8.30%
II24 MonthMonth8.50%8.84%
III24 MonthCummNA8.90%
IV36 MonthMonthNA9.25%
V48 MonthMonth9.50%9.92%
VI66 MonthCummNA10.00%

Muthoottu Mini Financiers NCD April 2022 Lead Manager

  • Vivro Financial Services Private Limited

Muthoottu Mini Financiers NCD April 2022 Allotment Status

  • Muthoottu Mini Financiers NCD issue allotment available on Linkintime

Muthoottu Mini Financiers NCD April 2022 Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Company Information

Muthoottu Mini Financiers Limited
65/623-K,
Muthoottu Royal Towers,
Kaloor, Kochi, Kerala – 682 017
Phone: +91 484 291 2100
Email: [email protected]
Website: https://www.muthoottumini.com/

Muthoottu Mini Financiers NCD April 2022 FAQs:

When is Muthoottu Mini Financiers NCD Open?

Muthoottu Mini Financiers NCD is to open on April 20 and close on May 17, 2022.

What is Muthoottu Mini Financiers NCD Price?

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

What is Muthoottu Mini Financiers NCD Issue Size?

The NCD issue size is ₹125 crores.

On Which platform the Muthoottu Mini Financiers NCD will list?

Muthoottu Mini Financiers NCD will list on BSE Platforms.

How to apply for Muthoottu Mini Financiers NCD?

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

Follow IPO Watch for the Upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

Share the Post:
Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *