8% Muthoot Finance NCD April 2022

1
NCD Subscription Allotment Status

Muthoot Finance NCD April 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.

As of March 31, 2021 its branch network was the largest among gold loan NBFCs in India. Its Gold Loan portfolio as of December 31, 2021 comprised approximately 8.52 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 December 31, 2021 the company employed 26,599 persons in its operations.

For the year ended March 31, 2021 revenues from its gold loan business constituted 95.88% respectively of its total income. In addition to Gold Loans business, it provides money transfer services through branches as sub-agents of various registered money transfer agencies and also provides collection agency services. Muthoot Finance has started providing unsecured loans to salaried individuals and loans to traders and self-employed. It also provides micro-finance, housing finance, vehicle and equipment finance and insurance broking services through its subsidiaries.

Promoters of Muthoot Finance – George Thomas Muthoot, George Jacob Muthoot and George Alexander Muthoot


Muthoot Finance NCD April 2022 Details

Subscription Dates7 – 29 April 2022
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR1,000 per NCD
Issue PriceINR1,000 per NCD
Issue Size (Base)INR100 crore
Overall Issue Size (including oversubscription)INR500 crore
Minimum Lot size10 NCDs
Market Lot1 NCD
Tenor36 months
60 months
84 months
120 months
Credit RatingICRA AA+ Stable
Category ReservationCategory 1 (QIB): 5%
Category 2 (Corporates): 5%
Category 3 (HNI): 40%
Category 4 (Retail): 50%
Basis of AllotmentFirst Come First Serve
Listing OnBSE

Muthoot Finance NCD April 2022Options and Coupon Rates

SeriesTenureInterest PaymentCoupon Rate (I & II)Coupon Rate (III & IV) Effective Yield (I & II) Effective Yield (III & IV) Maturity Amount (I & II)Maturity Amount (III & IV)
Series 136 monthsMonthly6.50%7.00%6.50%7.00%INR1,000INR1,000
Series 260 months Monthly 6.75%7.25%6.75%7.25%INR1,000INR1,000
Series 336 monthsAnnually 6.75%7.25% 6.75%7.25%INR1,000INR1,000
Series 460 months Annually 7.00%7.50%7.00%7.50%INR1,000 INR1,000
Series 584 months Annually 7.25%7.75%7.25%7.75%INR1,000INR1,000
Series 6120 months Annually 7.50%8.00%7.50%8.00%INR1,000INR1,0
Series 736 months CumulativeNANA6.75%7.25%INR1,216.48 INR1,233.65
Series 860 months Cumulative NANA7.00%7.50%INR1,402.55INR1,435.63

Muthoot Finance Non Convertible Debentures Registrar

Link Intime India Private Limited 
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: www.linkintime.co.in


Muthoot Finance NCD Documents


Muthoot Finance Contact Details

Muthoot Finance Limited
2ndFloor, Muthoot Chambers,
Opposite Saritha Theatre Complex
Banerji Road, Kochi 682018
Phone: +91484 6690255
Email: [email protected]
Website: www.muthootfinance.com


Muthoot Finance NCD April 2022 Subscription Status (no. of times)

Category 1 (QIB)Category 2 (Corporates)Category 3 (HNI)Category 4 (Retail)Total
28 Apr 20222.374.692.555.654.20
27 Apr 20222.374.692.525.584.15
26 Apr 20222.374.672.475.444.06
25 Apr 20222.374.652.485.283.98
23 Apr 20222.374.652.485.283.98
22 Apr 2022 2.374.602.364.973.78
21 Apr 20222.374.582.314.803.67
20 Apr 2022 2.374.542.294.663.59
19 Apr 20222.374.532.244.513.50
18 Apr 2022 5.366.531.804.323.47
13 Apr 2022 5.356.481.423.913.11
12 Apr 2022 5.336.361.343.712.98
11 Apr 20225.326.351.293.452.82
8 Apr 2022 5.266.321.232.902.52
7 Apr 20225.253.171.032.462.06

Muthoot Finance NCD April 2022 Allotment Status

Muthoot Finance NCD April 2022 allotment status will be updated at the website of Link Intime’s website. Click on this link to get allotment status.


Muthoot Finance NCD April 2022 FAQs

What is the face value and lot size of Muthoot Finance NCD April 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 Finance NCD April 2022?

The frequency of payment for Muthoot Finance NCD is Cumulative, Monthly and Annually.

What is basis of allotment in Muthoot Finance NCD April 2022 offer?

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

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