9.09% Muthoot Fincorp NCD August 2022 Details
Written by Lucky Wilson | KJMM.COM on August 17, 2022
Muthoot Fincorp Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on August 5, 2022. Muthoot Fincorp will offer 9.09% interest rates on the NCDs. Muthoot Fincorp NCD has a rating of CRISIL A+/Stable by CRISIL. The NCDs tenure is for 27, 38, 48, and 96 Months. Check out Muthoot Fincorp NCD 2022 details here.
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 August 2022 Issue Details
NCD Issue Open | August 5, 2022 |
NCD Issue Close | September 1, 2022 |
NCD Issue Size | Base: 250 Cr. | Shelf: 250 Cr. |
Price Band | ₹1000 per NCD |
Interest Rate | Up to 9.09% ** (Annually) |
Minimum Investment | 10 Bonds (₹1,000) |
Listing on | BSE Platform |
Credit Rating | CRISIL A+/Stable |
Tenor | 27, 38, 48 and 96 Months |
Basis of Allotment | First Come First Serve Basis |
Muthoot Fincorp NCD August 2022 Promoters
- Mr. Thomas John Muthoot
- Mr. Thomas George Muthoot
- Mr. Thomas Muthoot
How to Apply Muthoot Fincorp NCD August 2022 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
Muthoot Fincorp NCD August 2022 Tenure & Interest Rates
Opt | Tenure | Payment | Coupon | Eff. Yield |
I | 27 Month | Month | 8.00% | 8.29% |
II | 38 Month | Month | 8.25% | 8.56% |
III | 48 Month | Month | 8.35% | 8.67% |
IV | 27 Month | Month | NA | 8.29% |
V | 38 Month | Cumu. | NA | 8.56% |
VI | 48 Month | Cumu. | NA | 8.66% |
VII | 96 Month | Cumu. | NA | 9.09% |
Muthoot Fincorp NCD August 2022 Lead Manager
Muthoot Fincorp NCD August 2022 Allotment Status
Muthoot Fincorp NCD August 2022 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 August 2022 FAQs:
When is Muthoot Fincorp NCD Open?
Muthoot Fincorp NCD is to open on August 5 and close on September 1, 2022.
What is Muthoot Fincorp NCD Price?
The company has fixed the price at ₹1000 per NCD.
What is Muthoot Fincorp NCD Issue Size?
The NCD issue size is ₹250 crores.
On Which platform the Muthoot Fincorp NCD will list?
Muthoot Fincorp NCD will list on BSE Platforms.
How to apply for Muthoot Fincorp NCD?
You can apply from your existing Demat account online and offline.
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