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

February 24, 2015 - March 25, 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 Feb 2015 Detail

Issue Open February 24, 2015 - March 25, 2015
Security Name Muthoottu Mini Financiers Limited
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

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 offer is graded Ind RA BB+ indicating moderate risk of default regarding timely servicing of financial obligations.


The company has offered seven options under this offer that has tenure ranging 500 days, 36 months, 42 months and 68 months. The coupon rate ranging between 11.50% to 12% and existing debenture holders, ex-servicemen and Senior Citizens are offer 0.25% extra. Yield ranges from 11.75% to 13.01% depending on the choice of tenure and interest payment options as Monthly, Annual and Cumulative. Although this issue is available in demat as well as physical mode, trading will take place only in demat mode.

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Muthoottu Mini Financiers NCD Feb 2015 Prospectus

Muthoottu Mini Financiers NCD Feb 2015 Rating

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Muthoottu Mini Financiers NCD Feb 2015 Reviews

Company Contact Information

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

Phone: +91 4682314391, 2279258

Muthoottu Mini Financiers NCD Feb 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 Feb 2015 Lead Manager(s)


3. omaram choudhary     Link|April 5, 2015 11:56:49 PM
Still not showing in demat
2. RAJIVE JAIN     Link|March 17, 2015 5:12:15 PM
high risk
1. Pooja Jain     Link|March 11, 2015 10:36:22 PM
Any views on this NCD?

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