8.25% Muthoot Finance NCD November 2022

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Last updated on December 21, 2022

NCD Subscription Allotment Status
Muthoot Finance NCD November 2022

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 Dates28 November – 19 December 2022
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR 1,000 per NCD
Issue PriceINR 1,000 per NCD
Issue Size (Base)INR 75 crore
Overall Issue Size (including oversubscription)INR 300 crore
Minimum Lot size10 NCDs
Market Lot1 NCD
Tenor24, 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 AllotmentFirst Come First Serve
Listing OnBSE

Muthoot Finance NCD November 2022 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 136 monthsMonthly7.85%7.85%INR 1,000
Series 260 monthsMonthly8%8%INR 1,000
Series 324 monthsAnnual7.75%7.75%INR 1,000
Series
4
36 monthsAnnual8.10%8.10%INR 1,000
Series
5
60 monthsAnnual8.25%8.25%INR 1,000
Series
6
36 monthsCumulativeNA8.10%INR 1,263.21
Series
7
60 monthsCumulativeNA8.25%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: +91 22 4918 6200
Email: [email protected]
Website: 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)

DateQIBNIIHNIRetailTotal
19 Dec 20220.000.580.894.112.44
16 Dec 20220.000.570.853.912.32
15 Dec 20220.000.530.763.712.18
14 Dec 20220.000.530.723.592.11
13 Dec 20220.000.490.703.442.03
12 Dec 20220.000.460.653.301.93
9 Dec 20220.000.440.613.091.81
8 Dec 20220.000.440.552.941.71
7 Dec 20220.000.440.462.801.60
6 Dec 20220.000.390.412.631.50
5 Dec 20220.000.360.412.421.39
2 Dec 20220.000.350.311.931.10
1 Dec 20220.000.310.271.690.97
30 Nov 20220.000.260.231.430.82
29 Nov 20220.000.210.171.110.63
28 Nov 20220.000.160.100.780.43

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.

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