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Muthoot Fincorp NCD January 2022

NCD Status: Closed [5th Jan 2022 to 28th Jan 2022]

Rated 3.5 stars Rated 3.5/5 by Team TopShareBrokers
Muthoot Fincorp NCD Detail

Muthoot Fincorp NCD of Rs. 400 Cr issue size opens for subscription from 5 Jan to 28 Jan 2022. The company issues series I to X secured and redeemable NCD at an issue size of Rs. 1000 per NCD. One can subscribe to the NCD with a minimum ticket size of Rs. 10,000 (10 NCDs). The NCD tenor is 27, 38, 60, 72, and 96 months with a coupon rate ranging 8%-9% per annum. Check more about Muthoot Fincorp NCD January 2022 including credit rating, Coupon rates for each series, the basis of allotment, payment frequency, and more.

Muthoot Fincorp NCD Details

NCD Opening Date: 5th Jan 2022
NCD Closing Date: 28th Jan 2022
NCD Type: Secured NCD
Issue Size (Base): Rs 200 Cr
Issue Size (Shelf): Rs 200 Cr
Face Value: Rs 1000 each NCD
Issue Price: Rs 1000 per NCD
Market Lot: 1 NCD
Min Order Qty: 10 NCD
Min Order Amount: Rs 10000
Listing at: BSE
Tenor: 27/38/60/72/96/ Months
Rating: CRISIL A+/Stable
Series: Series I to Series X
Payment Frequency: Monthly
Basis of Allotment: First Come First Serve Basis
Interest on return:
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  • NCD Important Dates

    Action Dates
    NCD Activity Date
    NCD Issue Open 5th Jan 2022
    NCD Issue Close 28th Jan 2022

    * - Tentative Dates

    Offer Details

    Category Name NCD's Reserved NCD's Allocated
    Institutional 100000 5%
    Non-Institutional 800000 40%
    Retail 1100000 55%

    About Company - Muthoot Fincorp

    Muthoot Fincorp Ltd is an NBFC that is engaged in the business of offering secured personal and business loans. The company offers secured personal and business gold loans, as of Sep 30, 2021, it has serviced gold loans to 36.18 lakhs loan accounts. Currently, the business operates 3,658 branches across 24 states in India.

    Muthoot Blue Guide Gold Loan, Muthoot Blue Bright Gold Loan, Muthoot Blue Power Gold Loan, Muthoot Blue Bigg Gold Loan, Muthoot Blue Smart Gold Loan, and 24*7 Express Gold Loan are some of the top gold loan products.

    Muthoot Fincorp Financials

    Muthoot Fincorp Financials (₹ in Cr) 31-Mar-2021 31-Mar-2020 31-Mar-2019
    Total Assets ₹26,284.54 ₹21,241.81 ₹18,376.09
    Total Income ₹4,101.19 ₹3,765.99 ₹3,353.76
    Net Profit/Loss ₹397.28 ₹257.93 ₹372.61

    Muthoot Fincorp NCD Objective

    1. 75% funds will be utilized towards working capital requirements.
    2. 25% funds will be utilized towards general corporate purposes.

    Coupon Rates for Each Series

    Options Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8 Series 9 Series 10
    Nature Secured NCDs
    Tenor 27 Months 38 Months 60 Months 72 Months 96 Months 27 Months 38 Months 60 Months 72 Months 96 Months
    Frequency of Interest Payment Monthly Cumulative
    Coupon Rate % Per Annum 8.00% 8.25% 8.50% 8.75% 9.00% NA NA NA NA NA
    Coupon Type Fixed
    Redemption Amount (? /NCD) for Debenture Holders (%) 1000 1000 1000 1000 1000 1197 1297 1527 1687 2049
    Effective Yield (%) 8.30% 8.56% 8.83% 9.10% 9.37% 8.31% 8.57% 8.83% 9.11% 9.37%
    Put and Call Option NA

    Muthoot Fincorp NCD Promoters

    Mr. Thomas John Muthoot, Mr. Thomas George Muthoot, and Mr. Thomas Muthoot are the company promoters.

    Muthoot Fincorp NCD Rating Details

    CRISIL has rated the NCD issue of Rs. 400 Cr as A+ with a stable outlook. The rating indicates an adequate level of safety regarding timely payment of the company's financial obligations and is subject to low credit risks.

    Muthoot Fincorp NCD Not Eligible to Invest

    1. Minors without a guardian name
    2. Foreign nationals
    3. Persons resident outside India
    4. Foreign Portfolio Investors
    5. Foreign Venture Capital Investors
    6. Qualified Foreign Investors
    7. Overseas Corporate Bodies
    8. Persons ineligible to contract under applicable statutory/regulatory requirements

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    Muthoot Fincorp NCD Imporatant Links

    • Muthoot Fincorp NCD DRHP >>Document
    • Muthoot Fincorp NCD RHP >>Document
    • Muthoot Fincorp NCD DRHP Shelf >>Muthoot Fincorp NCD Draft Prospectus Shelf is not yet available.
    • Muthoot Fincorp NCD RHP Shelf >>Muthoot Fincorp NCD Red Herring Prospectus Shelf is not yet available.
    • Muthoot Fincorp NCD Allotment Status >>Muthoot Fincorp NCD Allotment is not declared yet, we will provide the link for status once allotment is out.

    Company Address

    Muthoot Fincorp Limited
    Muthoot Centre, TC No 14/2074-7 Punnen Road,
    Trivandrum ,Keral-695 039
    India
    Website: https://www.muthootfincorp.com/
    Phone: 91 471 491 1550
    Email: [email protected]

    Muthoot Fincorp NCD Registrar

    Integrated Registry Management Services Private Limited
    2 nd Floor,
    Ramakrishna Street, North Usman Road,
    T. Nagar, Chennai - 600 017
    Website: http://www.integratedindia.in/
    Phone: + 91 44 2814 0801 to 803
    Email: [email protected]

    Muthoot Fincorp NCD Lead Manager

    1. SMC Capitals Limited
    Muthoot Fincorp NCD Important dates - Issue Open Date, close Date, NCD Listing Date. NCD Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, NCD Listing date. What is the issue open date and close date for Muthoot Fincorp? Should I apply in Muthoot Fincorp NCD?

    Last Updated on 2022-11-15T15:26:41+00:00


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