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Muthoottu Mini Financiers Limited NCD (Muthoottu Mini Financiers NCD July 2015) Detail

July 16, 2015 - August 14, 2015
Muthoottu Mini Financiers Limited Logo

MMFL is a RBI registered NBFC and having headquartered in the state of Kerala and belongs to the Muthoottu Mini Group. The operations at Kozhencherry, district Pathanamthtta, Kerala and has over two decades of established history in the money lending business, mainly in small scale money lending against used household gold jewellery. It has been in the gold loan financing since 1986 and the Company has been extending Gold Loans since 2006.

They are a non deposit taking systemically important NBFC in the Gold Loan sector lending money against the pledge of used household gold jewellery in the state of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Goa, Haryana and Maharashtra. They also provide short-term personal loans primarily to individual customers who require immediate availability of funds.

Muthoottu Mini Financiers NCD July 2015 Detail

Issue Open July 16, 2015 - August 14, 2015
Security Name Muthoottu Mini Financiers Limited
Security Type
Issue Size (Base) Rs 125.00 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

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 0%
Category 2 0%
Category 3 0%

Objects of the Issue

The funds raised through this Issue will be utilised for:

1. For the purpose of onward lending and for repayment of interest and principal of existing loans; and
2. General Corporate Purposes;

Credit Rating

This debt offer is rated BBB- (Triple B minus) by CARE, indicating moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk as well.


It is offering NCD having face value of Rs. 1000 each with coupon rate ranging from 11.00% to 11.50%. Existing debenture holders are offered 0.25% additional coupon rate. These NCDs have tenure of 500 days, 36 months, 45 months and 72 months with Monthly, Annual and Cumulative options. Based on tenure and interest payment options, it gives yield of 11.25% to 12.25%.

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Muthoottu Mini Financiers NCD July 2015 Prospectus

Muthoottu Mini Financiers NCD July 2015 Rating

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Muthoottu Mini Financiers NCD July 2015 Reviews

Company Contact Information

Muthoottu Mini Financiers Limited
994, Muthoottu Buildings,
Pathanamthitta - 689 641

Phone: +91 4682314391, 2279258

Muthoottu Mini Financiers NCD July 2015 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

Muthoottu Mini Financiers NCD July 2015 Lead Manager(s)

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