10% Muthoottu Mini Financiers NCD April 2022

NCD Subscription

Allotment Status

Muthoottu Mini Financiers NCD April 2022 description – The company belongs to the Muthoottu Mini group. Muthoottu Mini group belongs to the Muthoottu family of Kozhencherry, which was founded by Ninan Mathai Muthoottu, who started the family business enterprise in 1887. The Muthoottu Mini group has been in the gold loan financing since 1986 and it has been extending Gold Loans since its incorporation.

Its gold Loan customers are individuals primarily from rural and semi-urban areas. Its USP that distinguishes it from banks is its focus on non-organized sections of society and turnaround time to sanction and disburse the loan.

It has also introduced online gold loan product wherein the customer has to come to the branch only for the initial appraisal and subsequent disbursement are done online whenever the customer makes a request during the maximum period of one year, subject to the prevailing LTV norms. It has developed various Gold Loan schemes, which offer variable terms in relation to the amount advanced per gram of gold, the interest rate and the amount of the loan, to meet the different needs of various customers.

Its lending functions are supported by a custom developed information technology platform that allows it to record relevant customer details, approve and disburse the loan. The company has a web based centralized IT platform which records details of
all branches and also handles management of the relevant loan and pledged gold related information.

In addition to the loan business, it also offer depository participant services, money transfer services, insurance agents services, PAN card related services and travel agency services

Promoters of Muthoottu Mini Financiers – Nizzy Mathew, Mathew Muthoottu

---

Muthoottu Mini Financiers NCD 2022 Details

Subscription Dates	20 April – 17 May 2022
Security Type	Secured, Redeemable, Non-Convertible Debentures
Face Value	INR1,000 per NCD
Issue Price	INR1,000 per NCD
Issue Size (Base)	INR125 crore
Overall Issue Size (including oversubscription)	INR250 crore
Minimum Lot size	10 NCDs
Market Lot	1 NCD
Tenor	480 days 24 months 36 months 48 months 66 months
Credit Rating	CARE BBB+ Stable
Category Reservation	Category 1 (QIB): 10% Category 2 (NII): 40% Category 3 (Retail): 50%
Basis of Allotment	First Come First Serve
Listing On	BSE

---

Muthoottu Mini Financiers NCD 2022 – Options and Coupon Rates

Option	Tenure	Interest Payment	Coupon Rate	Effective Yield	Maturity Amount
Series 1	480 days	Monthly	8%	8.3%	INR1,000
Series 2	24 months	Monthly	8.5%	8.84%	INR1,000
Series 3	24 months	Cumulative	N/A	8.9%	INR1,186
Series 4	36 months	Cumulative	N/A	9.25%	INR1,304
Series 5	48 months	Monthly	9.5%	9.92%	INR1,000
Series 6	66 months	Cumulative	N/A	10%	INR1,689

---

Muthoottu Mini Financiers Non Convertible Debentures Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200 
Email: [email protected]
Website: www.linkintime.co.in

---

Muthoottu Mini Financiers Finance NCD Documents

• Muthoottu Mini Financiers NCD Red Herring Prospectus
• Muthoottu Mini Financiers NCD Draft Prospectus
• Upcoming NCDs

---

Muthoottu Mini Financiers Contact Details

Muthoottu Mini Financiers
65/623-K, Muthoottu Royal Towers,
Kaloor, Kochi, Kerala – 682 017;
Phone:+91 484 291 2100
Email: [email protected]
Website: www.muthoottumini.com

---

Muthoottu Mini Financiers NCD 2022 Subscription Status (no. of times)

Dates	Category 1 (QIB)	Category 2 (Corporates)	Category 3 (Retail)	Total
17 May 2022	0.01	2.27	2.68	2.25
16 May 2022	0.01	2.27	2.66	2.24
13 May 2022	0.01	2.17	2.52	2.13
12 May 2022	0.01	2.05	2.44	2.06
11 May 2022	0.01	1.97	2.28	1.93
10 May 2022	0.01	1.97	2.27	1.92
9 May 2022	0.01	1.89	2.28	1.89
6 May 2022	0.01	1.74	2.09	1.74
5 May 2022	0.01	1.60	1.95	1.65
4 May 2022	0.01	1.52	1.88	1.55
2 May 2022	0.01	1.45	1.76	1.46
29 Apr 2022	0.01	1.32	1.65	1.35
28 Apr 2022	0.01	1.33	1.59	1.33
27 Apr 2022	0.01	1.21	1.48	1.23

---

Muthoottu Mini Financiers NCD 2022 Allotment Status

Muthoottu Mini Financiers NCD 2022 allotment status will be updated at the website of Link Intime India Private Limited website. Click on this link to get allotment status.

---

Muthoottu Mini Financiers NCD 2022 FAQs