9.37% Muthoot Fincorp NCD January 2022

NCD Subscription Allotment Status
Muthoot Fincorp NCD Jan 2022

Muthoot Fincorp NCD Jan 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 30 September 2021 comprised approximately 36.18 lakhs loan accounts. As of 30 September 2021, the company operated out of 3,658 branches located across 24 states, including union territory of Andaman and Nicobar Islands and the national capital territory of Delhi and employed 17,013 employees including 233 contracted experts in its operations.

For the half year ended 30 September 2021 and FY2021, revenues from its gold loan business constituted 94.39% and 93.60% of its total income on standalone basis as per Ind AS, respectively. In addition to the gold loan business, the company provides foreign exchange conversion and money transfer services as sub-agents of various registered money transfer agencies.

Promoter of Muthoot Fincorp – Thomas John Muthoot, Thomas George Muthoot and Thomas Muthoot

Muthoot Fincorp NCD Jan 2022 details

Subscription Dates5 – 28 January 2022
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR1,000 per NCD
Issue PriceINR1,000 per NCD
Issue Size (Base)INR200 crore
Overall Issue Size (including oversubscription)INR400 crore
Minimum Lot size10 NCDs
Market Lot1 NCD
Tenor27 Months
38 Months
60 Months
72 Months
96 Months
Credit RatingCRISIL A+ / Stable
Category ReservationCategory 1 (QIB): 5%
Category 2 (NII): 40%
Category 3 (Retail): 55%
Basis of AllotmentFirst Come First Serve
Listing OnBSE

Muthoot Fincorp NCD Jan 2022 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon Rate Effective YieldMaturity Amount
Series 127 monthsMonthly 8%8.3%INR1,000
Series 227 monthsCumulativeNA8.31%INR1,197
Series 338 monthsMonthly8.25%8.56%INR1,000
Series 438 monthsCumulativeNA8.57%INR1,297
Series 560 monthsMonthly8.5%8.83%INR1,000
Series 660 monthsCumulativeNA8.83%INR1,527
Series 772 monthsMonthly8.75%9.1%INR1,000
Series 8 72 monthsCumulativeNA9.11%INR1,687
Series 9 96 monthsMonthly9%9.37%INR1,000
Series 10 96 monthsCumulativeNA9.37%INR2,049

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
Phone: +91 44 2814 0801 803
Fax: +91 44 2814 2479
Email: [email protected]
Website: http://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, Kerala
Phone: +91 471 491 1430
Email: [email protected]
Website: www.muthootfincorp.com

Muthoot Fincorp NCD January 2022 Subscription Status (no. of times)

Category 1 (QIB)Category 2 (NII)Category 3 (Retail)Total
28 Jan 20220.011.543.232.39
27 Jan 20220.011.523.172.35
25 Jan 2022 0.011.513.132.32
24 Jan 20220.011.503.102.31
21 Jan 20220.011.493.032.26
20 Jan 20220.011.462.992.23
19 Jan 20220.011.452.952.20
18 Jan 20220.011.452.902.17
17 Jan 20220.011.442.832.13
15 Jan 20220.011.432.732.07
14 Jan 20220.011.432.732.07
13 Jan 20220.011.392.632.00
12 Jan 20220.011.352.501.92
11 Jan 20220.011.312.161.71
10 Jan 20220.
7 Jan 20220.001.021.461.21
6 Jan 20220.000.581.080.83
5 Jan 20220.000.240.390.31

Muthoot Fincorp NCD Jan 2022 Allotment Status

Muthoot Fincorp NCD Jan 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 Jan 2022 FAQs

What are Muthoot Fincorp NCD Jan 2022 offer dates?

Muthoot Fincorp NCD Jan 2022 offer opens on 5 January 2022 and closes on 28 January 2022. It should be noted that the NCD offer may be closed early in case of full subscription before the closing date.

What is basis of allotment in Muthoot Fincorp NCD Jan 2022 offer?

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

What is the face value and lot size of Muthoot Fincorp NCD Jan 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 Jan 2022?

The frequency of payment for Muthoot Fincorp NCD Jan 2022 is Monthly and Cumulative.


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