10% Muthoot Fincorp NCD April 2024


Last updated on April 26, 2024

NCD Subscription Allotment Status
Muthoot Fincorp NCD April 2024

Muthoot Fincorp NCD April 2024 Description – The company is a non-deposit-taking, systemically important NBFC that has emerged as a prominent gold loan player. It has been engaged in the Gold loans business for over two decades and is headquartered in Kerala, India. The personal and business loans secured by gold jewelry and ornaments offered by the company are structured to serve the business and personal purposes of individuals who do not have ready or timely access to formal credit or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.

The Gold loan portfolio of the company as of 31 December 2023 comprised approximately 31.68 lakh loan accounts. As of 31 December 2023, the company operated out of 3,683 branches located across 24 states, including the union territory of Andaman and Nicobar Islands and the national capital territory of Delhi, and employed 20,645 employees including 93 contracted experts in its operations.

Muthoot Fincorp NCD

Promoters of Muthoot Fincorp – Thomas John Muthoot, Thomas George Muthoot, Thomas Muthoot

Muthoot Fincorp NCD April 2024 Details

Subscription Dates10 – 25 April 2024
Security TypeSecured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Face ValueINR 1,000 per NCD
Issue PriceINR 1,000 per NCD
Issue Size (Base Issue)INR 100 crores
Overall Issue Size (including oversubscription)INR 260 crores
Minimum Lot Size10 NCDs
Market Lot1 NCD
Tenor26 months
38 months
60 months
72 months
94 months
Credit RatingCRISIL AA-/Stable
Category ReservationCategory 1 (QIB): 5%
Category 2 (NII): 35%
Category 3 (Retail): 60%
Basis of AllotmentFirst Come First Serve
Listing OnBSE

Muthoot Fincorp NCD April 2024 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 126 monthsMonthly8.90%9.26%INR 1,000
Series 238 monthsMonthly9.15%9.54%INR 1,000
Series 360 monthsMonthly9.35%9.75%INR 1,000
Series 472 monthsMonthly9.55%9.97%INR 1,000
Series 526 monthsAnnual9.25%9.27%INR 1,000
Series 638 monthsAnnual9.50%9.52%INR 1,000
Series 760 monthsAnnual9.75%9.74%INR 1,000
Series 872 monthsAnnual10.00%10.00%INR 1,000
Series 926 monthsCumulativeNA9.27%INR 1,212
Series 1038 monthsCumulativeNA9.52%INR 1,334
Series 1160 monthsCumulativeNA9.74%INR 1,592
Series 1272 monthsCumulativeNA10.00%INR 1,772
Series 1394 monthsCumulativeNA9.25%INR 2,000

Muthoot Fincorp Non-Convertible Debentures Lead Manager

A-401/402, Lotus Corporate Park,
Off Western Express Highway,
Jai Coach Signal, Goregaon (East),
Mumbai – 400063, Maharashtra
Phone: +91 22 6648 1818
Email: [email protected]
Website: www.smccapitals.com

Muthoot Fincorp Non-Convertible Debentures Registrar

II Floor, Kences Towers, No. 1 Ramakrishna Street
North Usman Road, T. Nagar
Chennai 600 017, Tamil Nadu
Phone: +91 44 28140801,802,803
Email: [email protected]
Website: www.integratedindia.in

Muthoot Fincorp Documents

Muthoot Fincorp Contact Details

Muthoot Centre, Near Spencer Junction,
M.G. Road, Trivandrum 695 001, Kerala
Phone: +91 471 491 1550
Email: [email protected]
Website: www.muthootfincorp.com

Muthoot Fincorp NCD April 2024 Subscription Status (no. of times)

25 Apr 20240.
24 Apr 20240.002.083.883.06
23 Apr 20240.001.913.722.90
22 Apr 20240.001.833.512.75
19 Apr 20240.001.723.292.58
18 Apr 20240.001.653.152.47
16 Apr 20240.001.432.892.23
15 Apr 20240.001.372.642.06
12 Apr 20240.
10 Apr 20240.000.661.020.85

Muthoot Fincorp NCD April 2024 Allotment Status

Muthoot Fincorp NCD April 2024 allotment status will be updated on the website of Integrated Registry Management Services. Click on this link to get allotment status.

Muthoot Fincorp NCD April 2024 FAQs

What is the face value and lot size of Muthoot Fincorp NCD April 2024?

The NCDs will be issued at a face value of INR 1,000 each NCD and the minimum lot size is 10 NCDs.

What is the frequency of interest payment in Muthoot Fincorp NCD April 2024?

The payment frequency for Muthoot Fincorp NCD is Monthly,  Annual, and cumulative.

What is the basis of allotment in Muthoot Fincorp NCD April 2024 offer?

Muthoot Fincorp NCDs will be allotted on a First Come First Serve Basis.


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