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Muthoot Finance Limited NCD (Muthoot Finance NCD April 2018) Detail

April 9, 2018 - May 8, 2018
Muthoot Finance Limited Logo

Muthoot Finance Ltd (MFL) is the largest gold financing company in India in terms of loan portfolio. The company provides personal and business loans secured by gold jewelry, or Gold Loans, primarily to individuals who possess gold jewelry but could not 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.

Muthoot is a 'Systemically Important Non-deposit taking NBFC' headquartered Kerala. In addition to Gold Loans, the company is also engaged in money transfer services through its branches as sub-agents of various registered money transfer agencies, and have commenced providing collection agency services. It also operates three windmills in the state of Tamil Nadu.

Muthoot Finance NCD April 2018 Detail

Issue Open April 9, 2018 - May 8, 2018
Security Name Muthoot Finance Limited
Security Type
Issue Size (Base) Rs 3,000.00 Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 10 NCD
Listing At BSE
Credit Rating
Payment Frequency
Basis of Allotment First Come First Serve Basis

Company Promoters

The promoters of the company are:

1. M G George Muthoot,
2. George Alexander Muthoot,
3. George Thomas Muthoot,
4. George Jacob Muthoot

Objects of the Issue

The Net Proceeds raised through this Tranche I Issue will be utilized for following activities in the ratio provided as

a) For the purpose of lending- 75% of the amount raised and allotted in the Tranche I Issue
b) For General Corporate Purposes- 25% of the amount raised and allotted in the Tranche I Issue


This issue is rated ICRA AA/Stable and CRISIL AA/Stable. The rating of the Secured NCDs and Unsecured NCDs by ICRA and CRISIL indicates high degree of safety regarding timely servicing of financial obligations.


NCDs have tenure of 400 days, 18 months, 24 months, 38 months and 60 months. It offers coupon rates ranging from 8.15% to 9% based on the tenure and the interest payment options.

Useful Links

Muthoot Finance NCD April 2018 Prospectus

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Company Contact Information

Muthoot Finance Limited
Muthoot Chambers,
Opp Saritha Theatre Complex, 2nd Flr,
Banerji Road, Kochi 682 018

Phone: (+91 484) 239 4712

Muthoot Finance NCD April 2018 Registrar

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

Muthoot Finance NCD April 2018 Lead Manager(s)


4. MANISH JAIN PATNI     Link|May 14, 2018 12:56:58 PM
3. mittaldatt     Link|April 27, 2018 11:00:23 AM
Which is the listing date
2. jit kumar     Link|April 20, 2018 1:21:08 PM
When it will be listed
1. Jaspreet Singh Oberoi     Link|April 17, 2018 7:01:27 PM
The NCD issue closed on 10th April. Any idea by when would the allotment be done ?
1.1. AnkurGoel     Link|April 18, 2018 9:10:26 PM
Within 14 days of closure date.
1.2. AnkurGoel     Link|April 19, 2018 5:42:04 PM
Allotment out. Money debited from the account.

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