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

Sep 29, 2014 - Oct 28, 2014

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 Sept 2014 Detail

Issue OpenSep 29, 2014 - Oct 28, 2014
Security NameMuthoottu Mini Financiers Limited
Security Type
Issue Size (Base)Rs 150.00 Crores
Issue Size (Shelf)Rs [.] Crores
Issue PriceRs 1000 per NCD
Face ValueRs 1000 each NCD
Minimum Lot size10 NCD
Market Lot10 NCD
Listing AtBSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment

NCD Allocation Ratio

NCD's allocated in each investor category:

Category ?NCD's Allocated
Category 10%
Category 20%
Category 30%
Category 40%

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

The Secured and Unsecured NCDs proposed to be issued under this Issue have been rated 'BB+' [Double B Plus] by IND-RA. The rating of Secured and the Unsecured NCDs by IND-RA indicates instruments with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.

Muthoottu Mini Financiers Limited NCD Reviews

Muthoottu Mini Financiers NCD Sept 2014 Prospectus

Muthoottu Mini Financiers NCD Sept 2014 Rating

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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 Sept 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.ncd3@linkintime.co.in
Website: http://www.linkintime.co.in

Muthoottu Mini Financiers NCD Sept 2014 Lead Manager(s)

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