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Incorporated in 1997, Muthoot Finance Limited is Kerala based gold loan NBFC company with the legacy of 800 years of family business. Company is the largest gold loan company in India in terms of loan portfolio as of March 31, 2020.
Muthoot Finance has 70 Crore+ customers including repeat customers. Muthoot Finance has a network of 5,330+ branches as of December 31, 2020 with 40,000+ employees.
Services offered by Muthoot Finance Limited
| Issue Open | Apr 8, 2021 - Apr 12, 2021 |
| Security Name | Muthoot Finance Limited |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Issue Size (Base) | Rs 100.00 Crores |
| Issue Size (Shelf) | Rs 1,600.00 Crores |
| Issue Price | Rs 1000 per NCD |
| Face Value | Rs 1000 each NCD |
| Minimum Lot size | 10 NCD |
| Market Lot | 1 NCD |
| Listing At | BSE |
| Credit Rating | The NCDs have been rated ‘[ICRA] AA+/ “Stable” by ICRA and “CRISIL AA+/Stable” by CRISIL |
| Tenor | |
| Series | |
| Payment Frequency | |
| Basis of Allotment | First Come First Serve Basis |
Category  |
NCD's Allocated |
|---|---|
| Category 1 | 0% |
| Category 2 | 0% |
| Category 3 | 0% |
| Category 4 | 0% |
| Category |
NCD's Reserved |
|---|---|
| Category 1 | 100,000 |
| Category 2 | 100,000 |
| Category 3 | 300,000 |
| Category 4 | 500,000 |
| Total NCD's | 1,000,000 |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | |
|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Monthly | Annually | Annually | Annually | Annually | NA | NA |
| Tenor | 38 months | 60 months | 26 months | 38 months | 60 months | 120 months | 38 months | 60 months |
| Coupon Rate | 6.85% | 7.35% | 6.60% | 7.10% | 7.60% | 8.00% | NA | NA |
| Amount on Maturity (Retail) | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,252.26 | Rs 1,459.15 |
M G George Muthoot, George Alexander Muthoot, George Thomas Muthoot, and George Jacob Muthoot are the promoters of the company.
The Net Proceeds raised through the Tranche III Issue will be utilised for following activities in the ratio provided as below:
The Muthoot Finance Limited Tranche III NCD was subscribed 24.77 times on Apr 12, 2021 5:00:00 AM. The NCD subscribed .
| Category ? | Subscription (times) |
|---|---|
| Category 4 | 4.51x |
| Category 3 | 62.22x |
| Category 2 (NII) | 21.44x |
| Category 1 (QIB) | 17.05x |
| Total | 24.77x |
6 4.2 Rating:  Vote Here ... |
Muthoot Finance Limited
2nd Floor, Muthoot Chambers,
Opposite Saritha Theatre Complex,
Banerji Road, Kochi 682 018, India
Phone: +91 484 6690255
Email: cs@muthootgroup.com
Website: https://www.muthootfinance.com
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: mfl.ncd2020@linkintime.co.in
Website: https://linkintime.co.in/
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