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

Abonnementsdata	12 - 26 april 2023
Beveiligings type	Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Nominale waarde	INR 1,000 per NCD
Uitgifteprijs	INR 1,000 per NCD
Uitgiftegrootte (basis)	INR 75 miljoen
Totale uitgifteomvang (inclusief overinschrijving)	INR 300 miljoen
Minimum kavelgrootte	10 NCD's
Marktkavel	1 NCD
Tenor	25 maanden 37 maanden 61 maanden
Credit Rating	ICRA AA+ stabiel
Categorie Reservering	Categorie 1 (QIB): 5% Categorie 2 (NII): 5% Categorie 3 (HNI): 40% Categorie 4 (Detailhandel): 50%
Basis van toewijzing	Wie het eerst komt, het eerst maalt
Vermelding op	BSE MKB

Muthoot Finance NCD April 2023 – Options and Coupon Rates

Keuze	Ambtsperiode	Rentebetaling	Couponrente	Effectieve opbrengst	Looptijd Bedrag
Serie 1	37 maanden	Maandelijks	7.75%	8.25%	INR 1,000
Serie 2	61 maanden	Maandelijks	7.85%	8.35%	INR 1,000
Serie 3	25 maanden	Jaar-	7.75%	8.25%	INR 1,000
Serie 4	37 maanden	Jaar-	8.00%	8.50%	INR 1,000
Serie 5	61 maanden	Jaar-	8.10%	8.60%	INR 1,000
Serie 6	37 maanden	Cumulatief	NA	8.50%	INR 1,286.34
Serie 7	61 maanden	Cumulatief	NA	8.60%	INR 1,521.42

Muthoot Finance Non-Convertible Debentures Lead Manager

A. K. CAPITAL SERVICES LIMITED
603, 6e verdieping, Windsor,
Off CST Road, Kalina, Santacruz – (Oost),
Mumbai - 400, India
Telefoon: +91 22 6754 6500
E-mail:
Website: www.akgroup.co.in

Muthoot Finance Non-Convertible Debentures Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1e verdieping, 247 Park
LBS Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Telefoon: +91 22 4918 6200
E-mail:
Website: www.linkintime.co.in

Muthoot Finance NCD-documenten

MUTHOOT FINANCE LIMITED
2e verdieping, Muthoot-kamers,
Tegenover het Saritha Theatercomplex,
Banerji Road, Kochi 682 018, India
Telefoon: +91 484 239 4712
E-mail:
Website: www.muthootfinance.com

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

Binnenkort Beschikbaar

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 deze link om de toewijzingsstatus te krijgen.