Muthoot Finance Limited NCD Issue Date, Review, and Details (Muthoot Finance NCD October 2022)
The Muthoot Finance NCD is listed on NSE and BSE. They are going to raise ₹300 Crores via NCD. The issue is a price range of ₹1000 per NCD. The NCDs are to be listed on BSE and NSE.
Muthoot Finance Limited is established in 1997, It is a Kerala based gold loan NBFC company with a legacy of 800 years of the family business. Muthoot Finance offers Gold Coins, Gold loans, Housing Finance (Home Loans), Personal loans, Insurance, Money Transfer Services, Foreign Exchange, Mutual Funds, Micro Finance Vehicle loans, and more.
Till June 2022, the company has 8.09 million loan customers in India that the company serviced through 4,617 branches across all over India. As of June 2022 the company has employed 26,618 persons in our operations.
What is the official website of Muthoot Finance Limited?
Muthoot Finance Limited Official Website is https://www.muthootfinance.com/
What is the registered address of Muthoot Finance Limited?
Muthoot Finance Limited
2 nd Floor, Muthoot Chambers,
Opposite Saritha Theatre Complex,
Banerji Road, Kochi 682 018
Phone: (+91 484) 239 4712
Email: ncd@muthootgroup.com
Website: https://www.muthootfinance.com/
Muthoot Finance Limited Limited Financial Reports
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-20 | 54881.69 | 9707.27 | 3168.68 | 11829.21 |
| 31-Mar-21 | 68641.44 | 11566.42 | 3818.87 | 15575.02 |
| 31-Mar-22 | 76316.47 | 12237.46 | 4031.32 | 18785.72 |
| Amount in ₹ Crore | ||||
Muthoot Finance Limited Tranche III NCD Oct 2022 Detail
| Issue Open | Oct 6, 2022 – Oct 28, 2022 |
| Security Name | Muthoot Finance Limited |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Issue Size (Base) | Rs 75.00 Crores |
| Issue Size (Shelf) | Rs 225.00 Crores |
| Issue Price | Rs 1000 per NCD |
| Face Value | Rs 1000 each NCD |
| Minimum Lot Size | 10 NCD |
| Market Lot | 1 NCD |
| Listing At | BSE |
| Credit Rating | ICRA AA+/Stable |
| Tenor | 36, 24, and 60 months |
| Series | Series I to VII |
| Payment Frequency | Monthly and Annually |
| Basis of Allotment | First Come First Serve Basis |
NCD Allocation Ratio
| Category | NCD’s Allocated |
|---|---|
| Institutional | 5% |
| Non-Institutional | 5% |
| HNI | 40% |
| Retail | 50% |
NCDs Offered by Category
| Category | NCD’s Reserved |
|---|---|
| Institutional | 37,500 |
| Non-Institutional | 37,500 |
| HNI | 300,000 |
| Retail | 375,000 |
| Total NCD’s | 750,000 |
Muthoot Finance NCD Issue Date & Price Band
| NCD Issue Open: | October 06, 2022 |
| NCD Issue Close: | October 28, 2022 |
| Issue Size: | Approx ₹300 Crores |
| Interest Rate | Up to 8.00% ** Annually |
| Issue Price Band: | Rs.- 1000 per NCD |
| Issue Listing on: | BSE and NSE |
| Tenor | 36, 24 and 60 months |
| Basis of Allotment | First Come First Serve Basis |
| Minimum Investment | 10 Bonds |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Muthoot Finance Limited Company Promoter
George Thomas Muthoot, George Jacob Muthoot, and George Alexander Muthoot are the company promoters.
Muthoot Finance NCD Company Registrar
KFin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: ibhl.ncdipo@kfintech.com
Website: https://karisma.kfintech.com/
Muthoot Finance NCD Lead Managers
A.K. Capital Services Limited
What is Muthoot Finance Limited NCD?
The NCD is listed on NSE and BSE. They are going to raise ₹300 Crores via NCD. The issue is a price range of ₹1000 per NCD. The NCDs are to be listed on BSE and NSE.
When will NCD Issue open?
The NCD will open for Institutional, Non-Institutional, HNI, and Retail Investors on October 06, 2022.
What is NCD Investors Portion?
The investors’ portion for Institutional is 5%, Non-Institutional 5%, HNI is 40%, and Retail Investors is 50%.
What is NCD Size?
The NCD Issus size is ₹300 crores.
What is NCD Price Band?
The NCD Issue Price range of ₹1000 per NCD.
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