Muthoot Finance NCD 2022 Isue Date, Rating & Interest Rates

Muthoot Finance NCD 2022

Muthoot Finance NCD 2022 are Open on 07 April 2022 and to close on 29 April 2022. The Company will offer 8% interest rates on the NCD Bonds. And NCD tenure will be applicable for 36 months, 60 months, 84 months, and 120 months. The company will raise Base fund of ₹100 crores and shelf fund ₹400 through this NCD, the company has fixed the NCD price band at ₹1000 for this according to the face value of ₹1000.

Muthoot Finance Limited the largest gold loan NBFC company in India in terms of loan portfolio. Muthoot Finance Limited is “Systemically Important Non-Deposit Taking NBFC” (NBFC-ND-SI) headquartered in the south Indian state of Kerala. The company provide personal loans and business loans secured by gold jewelry, or Gold Loans, micro-finance, housing finance, vehicle and equipment finance and insurance broking services etc. The company India’s largest provider of Gold Loans. For the years ended March 31, 2019, 2020 and 2021 revenues from gold loan business constituted 97.32%, 96.81% and 95.88%.

Read also: Upcoming IPO List 2022

The Last financial year ended March 31, 2019, 2020 and 2021, our total income was at ₹ 68,806.30 million, ₹ 87,227.91 million and ₹ 105,743.59 million which shows a year over year increase of 8.64%, 26.77% and 21.23%. For the year ended March 31, 2019, 2020 and 2021 our profit after tax was at ₹ 19,721.41 million, ₹ 30,183.00 million and ₹ 37,221.78 million which shows a year over year increase of 10.95%, 53.05% and 23.32%. As of March 31, 2019, 2020 and 2021 our net worth was ₹ 97,927.19 million, ₹ 115,718.13 million and ₹ 152,388.93 million.

Muthoot Finance NCD Review :

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Muthoot Finance NCD Security Name :

■ Muthoot Finance Limited

Muthoot Finance NCD Security Type :

■ Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)

Muthoot Finance NCD Ratings

AgencyRating
ICRAAA+/Stable

Muthoot Finance NCD 2022 Bonds Issue Details :

Issue Open 07 Apr 2022
Issue Close29 Apr 2022
Issue Base Size₹100 Cr.
Issue Shelf Size₹400 Cr.
Price Band₹1000 Per NCD
Face Value₹1000 Each NCD
Interest Rate8.00% Annual
Listing on BSE Platform
Paytm

Muthoot Finance NCD Market Lot :

Market Lot :1 NCD
Minimum Lot size :10 NCD
Minimum Investment :₹10,000

Muthoot Finance NCD 2022 Bond Issue Tenure & Interest Rates :

SR12345678
Tenure36 Month60 Month36 Month60 Month84 Month120 Month36 Month60 Month
NatureSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecured
InterestMonthlyMonthlyAnnualAnnualAnnualAnnualN/AN/A
Coupon Rate7.00%7.25%7.25%7.50%7.75%8.00%7.25%7.50%
Effective Yield7.00%7.25%7.25%7.50%7.75%8.00%7.25%7.50%
Maturity1000100010001000100010001,233.651435.63
Upstox Referal

Muthoot Finance Financials Report ( in Millions)

YearRevenueExpensesPAT
2021₹1,15,664.19₹64,349.39₹38,188.70
2020₹97,072.67₹54,468.76₹31,686.81
2019₹76,010.49₹43,415.21₹21,029.61
Read also: All Upcoming IPO Grey Market Premium 2022

Company Promoters :

■ George Alexander Muthoot

Quick Link :

DRHP Draft Prospectus
RHP Draft Prospectus

Muthoot Finance IPO Lead Managers :

■ A.K. Capital Services Limited

Muthoot Finance NCD Debenture Trustee :

IDBI Trusteeship Services Limited
Asian Building, Ground Floor
17 R, Kamani Marg, Ballard Estate
Mumbai 400 001, India
Tel: (+91 22) 4080 7018
Fax: (+91 22) 6631 1776
Email: [email protected]
Website: www.idbitrustee.co.in

Groww referal

Muthoot Finance NCD IPO Registrar :

Link Intime India Private Limited
C-101, 1 st Floor, 247 Park, L B S Marg,
Vikhroli West,
Mumbai 400 083, Maharashtra, India
Tel: (+91 22) 4918 6200
Fax: (+91 22) 4918 6195
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.linkintime.co.in

Company Address :

Muthoot Finance Limited
2nd Floor, Muthoot Chambers
Opposite Saritha Theatre Complex
Ernakulam 682 018
Kerala, India
Tel: (+91 484) 239 4712
Fax: (+91 484) 239 6506
Website: www.muthootfinance.com
Email: [email protected]

Muthoot Finance NCD 2022 FAQs:

What is Muthoot Finance NCD 2022?
Muthoot Finance NCD is Security Bond.

When Muthoot Finance NCD 2022 will open?
The Muthoot Finance NCD is to open on 07 Apr 2022 – 29 Apr 2022.

What is the Muthoot Finance NCD 2022 Size?
Muthoot Finance NCD size is ₹500 Crores.

What is the issue Shelf size of Muthoot Finance NCD 2022?
The Shelf size of Muthoot Finance NCD ₹100 Cr.

What is the issue Base size of Muthoot Finance NCD 2022?
The Base size of Muthoot Finance NCD ₹400 Cr.

What is Muthoot Finance NCD Price Band?
Muthoot Finance NCD Price Band is ₹1000 Per NCD.

What is Muthoot Finance NCD Minimum Lot Size?
The Muthoot Finance NCD Minimum Lot Size 10.

What is Muthoot Finance NCD Interest Rate?
The Muthoot Finance NCD Interest Rate is 8.00% Annual.

What is the Muthoot Finance NCD Allotment Date?
Muthoot Finance NCD allotment date is Not Declare.

What is Muthoot Finance NCD Listing Date?
Muthoot Finance NCD listing date is Not Declare. The IPO to list on BSE.

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Muthoot Finance NCD 2022 Isue Date, Rating & Interest Rates
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