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Muthoot Finance Ltd NCD (Muthoot Finance Ltd NCD) Detail

December 27, 2013 - January 27, 2014
Muthoot Finance Ltd Logo

They are the largest gold financing company in India in terms of loan portfolio. They provide personal and business loans secured by gold jewellery, or Gold Loans, primarily to individuals who possess gold jewellery 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.

They are a �Systemically Important Non-deposit taking NBFC� headquartered in the south Indian state of Kerala. In addition to Gold Loans business, they provide money transfer services through their branches as sub-agents of various registered money transfer agencies, and have commenced providing collection agency services. They also operate three windmills in the state of Tamil Nadu.


The offer carries coupon rate ranging between 10.75% to 11.50% based on category and the tenure (400 days, 2, 3, 5 years). Category II and III eligible for additional incentive of 0.75%.

Muthoot Finance Ltd NCD Detail

Issue Open December 27, 2013 - January 27, 2014
Security Name Muthoot Finance Ltd
Security Type
Issue Size (Base) Rs 250.00 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

Objects of the Issue

The funds raised through this Issue will be utilized for:

1. their various financing activities including lending and investments;
2. to repay their existing liabilities or loans and towards their business operations including for their capital expenditure; and
3. working capital requirements and general corporate purposes, after meeting the expenditures of and related to the Issue and subject to applicable statutory/regulatory requirements.


The offer is graded by ICRA as ICRA AA- and by CRISIL as CRISIL AA- that is considered to have high degree of safety regarding timely servicing of financial obligations.

Useful Links

  • Muthoot Finance NCD - Review by Dilip Davda
  • Muthoot Finance Ltd NCD Prospectus

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    Company Contact Information

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

    Phone: (+91 484) 239 4712

    Muthoot Finance Ltd NCD 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 Ltd NCD Lead Manager(s)


    1. Mangesh K     Link|January 23, 2014 5:24:43 PM
    I mean Brokerage House

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