KVSP Muthoot Fincorp NCD January 2022 Date, Rating & Interest Rates
Written by Lucky Wilson | KJMM.COM on January 3, 2022
Muthoot Fincorp Limited, the flagship company of Muthoot Pappachan Group (also known as Muthoot Blue) is one of the NBFC – non-deposit-taking non-banking finance companies. They are providing gold loans to individuals and businesses. The company with having over 3600 branches located in 24 states providing different gold loan products. The main financial products & services they offer are Gold Loans, Small Business Loans, Affordable Housing Loans, Two-wheeler Loans, Used-car Loans, Domestic Money Transfer, International Remittance, Foreign Exchange, Insurance Products & Services, Wealth Management Services for the common, Affordable Gold Jewelry and more. Each of these branches is like a financial super-market helping our customer in fulfilling most of her requirements under one roof.
Muthoot Fincorp NCD Issue Details
| NCD Issue Open | 05 January 2022 |
| NCD Issue Close | 28 January 2022 |
| NCD Issue Size | Base: 200 Cr. | Shelf: 200 Cr. |
| NCD Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Price Band | ₹1000 per NCD |
| Interest Rate | Upto 9.37% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Maximum Investment | 1,000 Bonds (₹10,00,000) |
| Rating | CRISIL A+/Stable |
| Category | Institutional: 5% Non- Institutional: 40% Retail: 55% |
| Tenor | 27, 38, 60, 72, 96 Months |
| Listing on |
BSE & NSE Platform |
Muthoot Fincorp NCD Issue Listing
- NCD Bonds to list on BSE & BSE platforms.
Muthoot Fincorp NCD Issue Promoters
- Mr. Thomas John Muthoot
- Mr. Thomas George Muthoot
- Mr. Thomas Muthoot
How to Apply Muthoot Fincorp NCD Issue?
You can apply from your existing Demat account online and offline. You can apply via downloading the form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.
Muthoot Fincorp NCD (January 2022) Issue Tenure & Interest Rates
| Ser. | Tenure | Payment | Coupon | Eff. Yield |
| I | 27 Months | Month | 8.00% | 8.30% |
| II | 38 Months | Month | 8.25% | 8.56% |
| III | 60 Months | Month | 8.50% | 8.83% |
| IV | 72 Months | Month | 8.75% | 9.10% |
| V | 96 Months | Month | 9.00% | 9.37% |
| VI | 27 Months | Cumu | NA | 8.31% |
| VII | 38 Months | Cumu | NA | 8.57% |
| VIII | 60 Months | Cumu | NA | 8.83% |
| IX | 72 Months | Cumu | NA | 9.11% |
| X | 96 Months | Cumu | NA | 9.37% |
Muthoot Fincorp NCD Lead Manager
Muthoot Fincorp NCD Allotment Status
NCD Registrar
Integrated Registry Management Services Private Limited
2 nd Floor,
Ramakrishna Street, North Usman Road,
T. Nagar, Chennai – 600 017
Phone: + 91 44 2814 0801 to 803
Email: [email protected]
Website: http://www.integratedindia.in/
Company Information
Muthoot Fincorp Limited
Muthoot Centre,
TC No 14/2074-7 Punnen Road,
Trivandrum – 695 039, Kerala
Phone: +91 471 491 1550
Email: [email protected]
Website: https://www.muthootfincorp.com/
Muthoot Fincorp NCD FAQs:
Muthoot Fincorp NCD to open on January 05 and close on January 27, 2022.
The company has fixed the price at ₹1000 per NCD.
Muthoot Fincorp NCDs will be allotted on a “First Come First Serve Basis”..
The frequency of payment for is Monthly & Cumulative..
The NCD issue size is ₹200 crores.
Muthoot Fincorp NCD will list on BSE & NSE Platforms.
You can apply from your existing Demat account online and offline.
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