8.60% Muthoot Finance NCD April 2023

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Muthoot Finance NCD April 2023 Description – Incorporated in 1997, Muthoot Finance (MFL) is the flagship company of the Kerala-based business house, and is the largest gold loan NBFC in India in terms of the loan portfolio. It provides personal loans and business loans secured by gold jewelry, or Gold Loans, primarily to individuals who possess gold jewelry but are not able to access formal credit within a reasonable time, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.

Its Gold Loan portfolio as of 31 December 2022 comprised approximately 8.11 million loan accounts in India that it serviced through 4,672 branches across 22 states, the national capital territory of Delhi, and six union territories in India. As of 31 December 2022, it employed 26,399 persons in its operations.

For the years ended 31 March 2020, 2021, and 2022, revenues from the gold loan business constituted 96.81%, 95.88%, and 96.67% respectively of its total income. In addition to the Gold Loans business, the company provides money transfer services through its branches as sub-agents of various registered money transfer agencies and also provides collection agency services.

Promoters of Muthoot Finance – George Alexander Muthoot, George Jacob Muthoot, George Thomas Muthoot

Muthoot Finance NCD April 2023 Details

Date di sottoscrizione	12 - 26 aprile 2023
Tipo di protezione	Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Valore facciale	1,000 INR per NCD
Prezzo di emissione	1,000 INR per NCD
Dimensione del problema (base)	INR 75 crore
Dimensione complessiva del problema (inclusa la sottoscrizione eccessiva)	INR 300 crore
Dimensione lotto minima	10 NCD
Lotto del mercato	1 NCD
Tenore	25 mesi 37 mesi 61 mesi
Rating del credito	ICRA AA+ Stabile
Prenotazione di categoria	Categoria 1 (QIB): 5% Categoria 2 (NII): 5% Categoria 3 (HNI): 40% Categoria 4 (vendita al dettaglio): 50%
Base di assegnazione	Primo arrivato primo servito
Inserzione su	PMI BSE

Muthoot Finance NCD April 2023 – Options and Coupon Rates

Opzione	Godimento	Pagamento di interessi	Tasso di cedola	Rendimento effettivo	Importo in scadenza
Serie 1	37 mesi	Mensile	7.75%	8.25%	INR 1,000
Serie 2	61 mesi	Mensile	7.85%	8.35%	INR 1,000
Serie 3	25 mesi	Annuale	7.75%	8.25%	INR 1,000
Serie 4	37 mesi	Annuale	8.00%	8.50%	INR 1,000
Serie 5	61 mesi	Annuale	8.10%	8.60%	INR 1,000
Serie 6	37 mesi	Cumulativo	NA	8.50%	INR 1,286.34
Serie 7	61 mesi	Cumulativo	NA	8.60%	INR 1,521.42

Muthoot Finance Non-Convertible Debentures Lead Manager

A. K. CAPITAL SERVICES LIMITED
603, 6° piano, Windsor,
Fuori CST Road, Kalina, Santacruz – (est),
Mumbai - 400 098, India
Telefono: +91 22 6754 6500
E-mail:
Sito web: www.akgroup.co.in

Muthoot Finance Non-Convertible Debentures Registrar

LINK INTIME INDIA PRIVATO LIMITATO
C-101, 1° Piano, 247 Parco
LBS Marg, Vikhroli West
Bombay – 400 083, Maharashtra
Telefono: +91 22 4918 6200
E-mail:
Sito web: www.linkintime.co.in

Documenti NCD di Muthoot Finance

MUTHOOT FINANCE LIMITED
2° Piano, Camere Muthoot,
Di fronte al complesso teatrale Saritha,
Banerji Road, Kochi 682 018, India
Telefono: +91 484 239 4712
E-mail:
Sito web: www.muthootfinance.com

Muthoot Finance NCD April 2023 Subscription Status (no. of times)

Coming soon

Muthoot Finance NCD April 2023 Allotment Status

Muthoot Finance NCD April 2023 allotment status will be updated at the website of Link Intime India Private Limited website. Click on questo link per ottenere lo stato di assegnazione.