Incorporated on March 18, 1998, Muthoottu Mini Financiers Limited is a Non-Banking Financial- a middle-layer company engaged in offering gold loans to individuals against mortgages of gold ornaments. The company operates in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Haryana, Maharashtra, Gujarat, Delhi, Uttar Pradesh, and Goa and the Union Territory of Puducherry.
Additionally, the company also offers unsecured loans to at least 5 women who share joint responsibility and who need funds to run their normal life business activities. The company has operated 920 branches in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Haryana, Maharashtra, Gujarat, Delhi, Uttar Pradesh and Goa and the Union Territory of Puducherry. The company includes 4,672 people as of September 30, 2024.
Muthoottu Mini Financiers NCD April 2025 Details
NCD Issue Open | April 23, 2025 |
NCD Issue Close | May 7, 2025 |
NCD Issue Size | Base: 100 Cr. | Shelf: [.] Cr. |
Price Band | ₹1000 per NCD |
Interest Rate | Up to 10.75% ** (Annually) |
Minimum Investment | 10 Bonds (₹10,000) |
Listing on | BSE Platform |
Credit Rating | CARE A Stable by CARE Ratings Limited |
Tenor | 18, 24, 36 , 48 and 60 Months |
Basis of Allotment | First Come First Serve Basis |
DRHP Document | Click Here |
RHP Document | Click Here |
Muthoottu Mini Financiers NCD April 2025 Promoters
- Nizzy Mathew and Mathew Muthoottu are the company’s promoters.
How to Apply Muthoottu Mini Financiers NCD April 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.
Muthoottu Mini Financiers NCD Review
- May Apply
Muthoottu Mini Financiers NCD April 2025 Tenure & Interest Rates
Opt | Tenure | Payment | Coupon | Eff. Yield |
1 | 18 Month | Cumu. | NA | 9.26% |
2 | 24 Month | Month | 9.5% | 9.92% |
3 | 36 Month | Month | 10% | 10.47% |
4 | 36 Month | Month | 10.25% | 10.75% |
5 | 48 Month | Month | 10.5% | 11.02% |
6 | 60 Month | Annual | 10.75% | 10.75% |
Muthoottu Mini Financiers NCD Allocation Ratio
Category | Allocation |
Institutional | 20% |
Non-Institutional | 20% |
HNI | [.]% |
Retail | 40% |
Muthoottu Mini Financiers NCD April 2025 Lead Manager
- Vivro Financial Services Private Limited
Muthoottu Mini Financiers NCD April 2025 Allotment Status
- Muthoottu Mini Financiers NCD issue allotment available on MUFG Intime.
Muthoottu Mini Financiers NCD April 2025 Registrar
MUFG Intime India Private Limited
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email:
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Company Information
Muthoottu Mini Financiers Limited
65/623-K,
Muthoottu Royal Towers,
Kaloor, Kochi, Kerala – 682017
Phone: +91 484 291 2100
Email: ks.smitha@muthoottumini.com
Website: http://www.muthoottumini.com/