NCD News of Muthoot Mercantile NCD Nov 2023

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 ₹100.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹200.00 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 Nov 2023 is rated IND BBB/Stable by by India Ratings & Research Private Limited.

The issue opens on Dec 4, 2023 and closes for subscription on Dec 15, 2023. The shares of the company to be list at BSE.

The public issue of Muthoot Mercantile Limited opens on Dec 4, 2023 and closes for subscription on Dec 15, 2023.

The Muthoot Mercantile NCD Nov 2023 are proposed to list at BSE.

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