NCD News of Muthoot Mercantile NCD May 2024

Muthoot Mercantile Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹ 1000 each, for an amount of ₹50.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹[.] Crores.

Incorporated in 1939, Muthoot Mercantile Limited is a non-banking financial company engaged in the business of lending loans against the security of Gold, Investments, Health Insurance, Forex Services, and Money Transfer.

Allotment of the NCD's will be done on First Come First Serve Basis.

Muthoot Mercantile NCD May 2024 is rated IND BBB/Stable by by India Ratings & Research Private Limited.

The issue opens on May 6, 2024 and closes for subscription on May 17, 2024. The shares of the company to be list at BSE.

The public issue of Muthoot Mercantile Limited opens on May 6, 2024 and closes for subscription on May 17, 2024.

The Muthoot Mercantile NCD May 2024 are proposed to list at BSE.

Allotment of the NCD's will be done on First Come First Serve Basis.