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Muthoottu Mini Financiers Limited NCD (Muthoottu Mini Financiers NCD Feb 2014) Detail

Feb 19, 2014 - Mar 12, 2014
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 Feb 2014 Detail

Issue Open Feb 19, 2014 - Mar 12, 2014
Security Name Muthoottu Mini Financiers Limited
Security Type
Issue Size (Base) Rs 100.00 Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 5 NCD
Market Lot 5 NCD
Listing At BSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment

NCD Allocation Ratio

NCD's allocated in each investor category:

Category ? NCD's Allocated
Category 1 0%
Category 2 0%
Category 3 0%
Category 4 0%

Objects of the Issue:

The funds raised through this Issue will be utilised for

1. Various financing activities but not limiting to lending and investments;
2. repayment of existing loans;
3. towards their business operations including capital expenditure and working capital requirements;
4. general corporate purposes.

Rating

This offer is rated BB+ by CARE indicating moderate risk of default regarding timely servicing of financial obligations.

Muthoottu Mini Financiers NCD Feb 2014 Prospectus

Muthoottu Mini Financiers NCD Feb 2014 Rating

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Muthoottu Mini Financiers NCD Feb 2014 Reviews

Company Contact Information

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

Phone: +91 4682314391, 2279258
Email: cs@minimuthoottu.com
Website: http://www.minimuthoottu.com

Muthoottu Mini Financiers NCD Feb 2014 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
Email: mmfl.ncd@linkintime.co.in
Website: https://linkintime.co.in/


3 Comments

3. bcskal  Feb 22, 2014 6:38:05 AM
Hi Friends, Can anybody kindly inform me whether is it worth to invest in the Muthootu Mini Financiers NCD Feb.2014 issue? How is the Company? Is it a sister concern of Muthoot Finance Ltd of Kerala? (or) is it a totally new Company, nothing to do with the Muthoot Finance Ltd? Expecting an early reply. Thanks.
2. Priya Jain  Feb 19, 2014 8:12:47 PM
This offer is rated BB+ by CARE indicating moderate risk of default regarding timely servicing of financial obligations.
1. leo Khan  Feb 19, 2014 2:21:53 PM
what is the credit rating for this? it will help if the rating is mentioned on the page here.