The NBFC(Non-Banking Finance Company)Muthoothu Mini Financiers Limited was founded in 1921 with the business of gold loans as well as other services such as; money transfer, tours, and travel, high investment opportunities. It’s famous with 840 branches all over India. The company also has a microfinance segment that offers unsecured loans to groups of women who need funds for their businesses. This company has a good mission to provide the best services to the consumers and continuous growth in the market. Due to having quality services, it has a good bond with customers, on the top Over 3 lakh customers are the current ratio of this company.
Muthoottu Mini Financiers NCD October 2024 Details
| NCD Issue Open | October 30, 2024 |
| NCD Issue Close | November 13, 2024 |
| NCD Issue Size | Base: 100 Cr. | Shelf: [.] Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 10.5% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Credit Rating | CARE A-Stable by CARE Ratings Limited. |
| Tenor | 450 Days, 26, 36, 48, and 66 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Muthoottu Mini Financiers NCD October 2024 Promoters
- The promoters of the company are Nizzy Mathew and Mathew Muthoottu.
How to Apply Muthoottu Mini Financiers NCD October 2024 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
- Avoid
Muthoottu Mini Financiers NCD October 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 450 Days | Month | 8.5% | 8.84% |
| 2 | 26 Month | Month | 9% | 9.38% |
| 3 | 26 Month | Cumu. | NA | 9.4% |
| 4 | 36 Month | Month | 9.5% | 9.92% |
| 5 | 36 Month | Cumu. | NA | 9.75% |
| 6 | 48 Month | Month | 10% | 10.47% |
| 7 | 66 Month | Cumu. | NA | 10.5% |
Muthoottu Mini Financiers NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 40% |
| Retail | 50% |
Muthoottu Mini Financiers NCD October 2024 Lead Manager
- Vivro Financial Services Private Limited
Muthoottu Mini Financiers NCD October 2024 Allotment Status
- Muthoottu Mini Financiers NCD issue allotment available on LinkIntime.
Muthoottu Mini Financiers NCD October 2024 Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: muthoottumini.ncd2024@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Company Information
Muthoottu Mini Financiers Limited
65/623-K,
Muthoottu Royal Towers,
Kaloor, Kochi, Kerala – 682 017
Phone: +91 484 291 2100
Email: ks.smitha@muthoottumini.com
Website: http://www.muthoottumini.com/
