Last updated on September 6, 2022
Muthoot Fincorp NCD August 2022 description – The company is a non-deposit taking, systemically important NBFC which has emerged as a prominent gold loan player with 75% growth in its gold loan portfolio upto INR397 crore in FY 2011 From FY2016 to FY2021, Muthoot Fincorp has shown a significant increase in its Gold Loan Portfolio at a compound annual growth rate of around 15 %. The personal and business loans secured by gold jewellery 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 March 2022 comprised approximately 33.12 lakhs loan accounts. As of 31 March 2022, the company operated out of 3,657 branches located across 24 states, including union territory of Andaman and Nicobar Islands and the national capital territory of Delhi and employed 17,031
employees including 199 contracted experts in its operations.
Promoters of Muthoot Fincorp – Thomas John Muthoot, Thomas George Muthoot and Thomas Muthoot
Muthoot Fincorp NCD August 2022 Details
| Subscription Dates | 4 August – 1 September 2022 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures |
| Face Value | INR1,000 per NCD |
| Issue Price | INR1,000 per NCD |
| Issue Size (Base) | INR250 crore |
| Overall Issue Size (including oversubscription) | INR500 crore |
| Minimum Lot size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 27 months 38 months 48 months 96 months |
| Credit Rating | CRISIL A+/Stable |
| Category Reservation | Category 1 (QIB): 5% Category 2 (NII): 35% Category 3 (Retail): 60% |
| Basis of Allotment | First Come First Serve |
| Listing On | BSE |
Muthoot Fincorp NCD August 2022 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
| Series 1 | 27 months | Monthly | 8% | 8.29% | INR1,000 |
| Series 2 | 38 months | Monthly | 8.25% | 8.56% | INR1,000 |
| Series 3 | 48 months | Monthly | 8.35% | 8.67% | INR1,000 |
| Series 4 | 27 months | Cumulative | NA | 8.29% | INR1,196 |
| Series 5 | 38 months | Cumulative | NA | 8.56% | INR1,297 |
| Series 6 | 48 months | Cumulative | NA | 8.66% | INR1,395 |
| Series 7 | 96 months | Cumulative | NA | 9.09% | INR2,007 |
Muthoot Fincorp Non Convertible Debentures Lead Manager
SMC Capitals Limited
A-401/402, Lotus Corporate Park,
Off Western Express Highway,
Jai Coach Signal, Goregaon (East),
Mumbai – 400063, Maharashtra
Phone: +91 22 66481818
Email: [email protected]
Website: www.smccapitals.com
Muthoot Fincorp Non Convertible Debentures Registrar
Integrated Registry Management Services Private Limited
II Floor, Kences Towers, No. 1 Ramakrishna Street
North Usman Road, T. Nagar
Chennai 600 017, Tamil Nadu
Phone: +91 44 28140801
Email: [email protected]
Website: www.integratedindia.in
Muthoot Fincorp NCD Documents
Muthoot Fincorp Contact Details
Muthoot Fincorp Limited
Muthoot Centre,
Near Spencer Junction,
M.G. Road, Trivandrum 695 001
Phone: +91 471 491 1430
Email: [email protected]
Website: https://www.muthootfincorp.com
Muthoot Fincorp NCD August 2022 Subscription Status (no. of times)
| Dates | Category 1 (QIB) | Category 2 (NII) | Category 3 (Retail) | Total |
| 1 Sep 2022 | 0.00 | 1.18 | 2.47 | 1.90 |
| 30 Aug 2022 | 0.00 | 1.13 | 2.38 | 1.82 |
| 29 Aug 2022 | 0.00 | 1.07 | 2.33 | 1.77 |
| 26 Aug 2022 | 0.00 | 1.04 | 2.24 | 1.71 |
| 25 Aug 2022 | 0.00 | 0.91 | 2.20 | 1.64 |
| 24 Aug 2022 | 0.00 | 0.89 | 2.15 | 1.60 |
| 23 Aug 2022 | 0.00 | 0.88 | 2.10 | 1.57 |
| 22 Aug 2022 | 0.00 | 0.86 | 2.04 | 1.53 |
| 19 Aug 2022 | 0.00 | 0.84 | 1.96 | 1.47 |
| 18 Aug 2022 | 0.00 | 0.84 | 1.92 | 1.45 |
| 17 Aug 2022 | 0.00 | 0.82 | 1.86 | 1.40 |
| 16 Aug 2022 | 0.00 | 0.75 | 1.76 | 1.32 |
| 12 Aug 2022 | 0.04 | 0.70 | 1.57 | 1.19 |
| 11 Aug 2022 | 0.03 | 0.66 | 1.44 | 1.09 |
| 10 Aug 2022 | 0.02 | 0.61 | 1.29 | 0.99 |
| 8 Aug 2022 | 0.01 | 0.49 | 0.86 | 0.69 |
| 5 Aug 2022 | 0.00 | 0.28 | 0.40 | 0.34 |
Muthoot Fincorp NCD August 2022 Allotment Status
Muthoot Fincorp NCD 2022 allotment status will be updated at the website of Integrated Registry Management Services. Click on this link to get allotment status.
Muthoot Fincorp NCD August 2022 FAQs
What is the face value and lot size of Muthoot Fincorp NCD 2022?
The NCDs will be issued at a face value of INR1,000 each NCD and the minimum lot size is 10 NCDs.
What is the frequency of interest payment in Muthoot Fincorp NCD 2022?
The frequency of payment for Muthoot Fincorp NCD is Monthly and Cumulative.
What is basis of allotment in Muthoot Fincorp NCD 2022 offer?
Muthoot Fincorp NCDs will be allotted on a First Come First Serve Basis.
