Muthoot Finance NCD November 2022 description – The company is the largest gold loan NBFC in India in terms of 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 30 June 2022 comprised approximately 8.09 million loan accounts in India that it serviced through 4,617 branches across 22 states, the national capital territory of Delhi and six union territories in India. As of 30 June 2022, it employed 26,618 persons in its operations.
For the years ended 31 March 2020, 2021 and 2022, revenues from gold loan business constituted 96.81%, 95.88% and 96.67% respectively of its total income. In addition to 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 Thomas Muthoot, George Jacob Muthoot and George Alexander Muthoot
Muthoot Finance NCD November 2022 Details
| Subscription Dates | 28 November – 19 December 2022 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures |
| Face Value | INR 1,000 per NCD |
| Issue Price | INR 1,000 per NCD |
| Issue Size (Base) | INR 75 crore |
| Overall Issue Size (including oversubscription) | INR 300 crore |
| Minimum Lot size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 24, 36, 60 months |
| Credit Rating ** | ICRA AA+ Stable |
| Category Reservation ** | Category 1 (QIB): 5% Category 2 (NII): 5% Category 3 (HNI): 40% Category 4 (Retail): 50% |
| Basis of Allotment | First Come First Serve |
| Listing On | BSE |
Muthoot Finance NCD November 2022 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
| Series 1 | 36 months | Monthly | 7.85% | 7.85% | INR 1,000 |
| Series 2 | 60 months | Monthly | 8% | 8% | INR 1,000 |
| Series 3 | 24 months | Annual | 7.75% | 7.75% | INR 1,000 |
| Series 4 | 36 months | Annual | 8.10% | 8.10% | INR 1,000 |
| Series 5 | 60 months | Annual | 8.25% | 8.25% | INR 1,000 |
| Series 6 | 36 months | Cumulative | NA | 8.10% | INR 1,263.21 |
| Series 7 | 60 months | Cumulative | NA | 8.25% | INR 1,486.41 |
Muthoot Finance Non Convertible Debentures Lead Manager
A. K. Capital Services Limited
603, 6th Floor, Windsor,
Off CST Road, Kalina, Santacruz – (East),
Mumbai – 400 098, India
Tel: +91 22 6754 6500
Email: [email protected]
Website: www.akgroup.co.in
Muthoot Finance 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:Â +91 22 4918 6200
Email:Â [email protected]
Website:Â www.linkintime.co.in
Muthoot Finance NCD Documents
Muthoot Finance Contact Details
Muthoot Finance Limited
2nd Floor, Muthoot Chambers,
Opposite Saritha Theatre Complex,
Banerji Road, Kochi 682 018, India
Phone: +91 484 239 4712
Email: [email protected]
Website: www.muthootfinance.com
Muthoot Finance NCD November 2022 Subscription Status (no. of times)
| Date | QIB | NII | HNI | Retail | Total |
| 19 Dec 2022 | 0.00 | 0.58 | 0.89 | 4.11 | 2.44 |
| 16 Dec 2022 | 0.00 | 0.57 | 0.85 | 3.91 | 2.32 |
| 15 Dec 2022 | 0.00 | 0.53 | 0.76 | 3.71 | 2.18 |
| 14 Dec 2022 | 0.00 | 0.53 | 0.72 | 3.59 | 2.11 |
| 13 Dec 2022 | 0.00 | 0.49 | 0.70 | 3.44 | 2.03 |
| 12 Dec 2022 | 0.00 | 0.46 | 0.65 | 3.30 | 1.93 |
| 9 Dec 2022 | 0.00 | 0.44 | 0.61 | 3.09 | 1.81 |
| 8 Dec 2022 | 0.00 | 0.44 | 0.55 | 2.94 | 1.71 |
| 7 Dec 2022 | 0.00 | 0.44 | 0.46 | 2.80 | 1.60 |
| 6 Dec 2022 | 0.00 | 0.39 | 0.41 | 2.63 | 1.50 |
| 5 Dec 2022 | 0.00 | 0.36 | 0.41 | 2.42 | 1.39 |
| 2 Dec 2022 | 0.00 | 0.35 | 0.31 | 1.93 | 1.10 |
| 1 Dec 2022 | 0.00 | 0.31 | 0.27 | 1.69 | 0.97 |
| 30 Nov 2022 | 0.00 | 0.26 | 0.23 | 1.43 | 0.82 |
| 29 Nov 2022 | 0.00 | 0.21 | 0.17 | 1.11 | 0.63 |
| 28 Nov 2022 | 0.00 | 0.16 | 0.10 | 0.78 | 0.43 |
Muthoot Finance NCD November 2022 Allotment Status
Muthoot Finance NCD November 2022 allotment status will be updated at the website of Link Intime India Private Limited website. Click on this link to get allotment status.
Muthoot Finance NCD November 2022 FAQs
What is the face value and lot size of Muthoot Finance NCD November 2022?
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 Finance NCD November 2022?
The frequency of payment for Muthoot Finance NCD is Monthly, Annual & Cumulative.
What is basis of allotment in Muthoot Finance NCD November 2022 offer?
Muthoot Finance NCDs will be allotted on a First Come First Serve Basis.
