Muthoot Fincorp’s subscription to Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) will begin on January 2, 2023. Muthoot Fincorp will be charging an interest rate of 8.83% on the NCDs. CRISIL Ratings Limited has assigned Muthoot Fincorp NCD a CRISIL AA-/Stable rating. NCDs offer terms of 27, 38, 48, and 60 months. Muthoot Fincorp NCD 2023 details can be found here.
Muthoot Fincorp Limited, the flagship company of Muthoot Pappachan Group (commonly known as Muthoot Blue), is a non-deposit-taking non-banking finance company. They make gold loans to individuals and corporations. The corporation has over 3600 locations in 24 states and offers a variety of gold lending options. Gold Loans, Small Business Loans, Affordable Housing Loans, Two-wheeler Loans, Used-car Loans, Domestic Money Transfer, and other financial products and services are available.
Muthoot Fincorp NCD January 2023 Issue Details
|NCD Issue Open||January 2, 2023|
|NCD Issue Close||January 27, 2023|
|NCD Issue Size||Base: 200 Cr. | Shelf: 200 Cr.|
|Price Band||₹1000 per NCD|
|Interest Rate||Up to 8.83% ** (Annually)|
|Minimum Investment||10 Bonds (₹1,000)|
|Listing on||BSE Platform|
|Credit Rating||CRISIL AA-/Stable by CRISIL Ratings Limited|
|Tenor||27, 38, 48 and 60 Months|
|Basis of Allotment||First Come First Serve Basis|
Muthoot Fincorp NCD January 2023 Promoters
- Mr. Thomas John Muthoot
- Mr. Thomas George Muthoot
- Mr. Thomas Muthoot
How to Apply Muthoot Fincorp NCD January 2023 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
Muthoot Fincorp NCD January 2023 Tenure & Interest Rates
Muthoot Fincorp NCD January 2023 Lead Manager
- SMC Capitals Limited
Muthoot Fincorp NCD January 2023 Allotment Status
- Muthoot Fincorp NCD issue allotment available on Integrated Registry Management Services.
Muthoot Fincorp NCD January 2023 FAQs:
Q1. When is Muthoot Fincorp NCD Open?
Ans. Muthoot Fincorp NCD is to open on January 2 and close on March 3, 2023.
Q2. What is Muthoot Fincorp NCD Price?
Ans. The company has fixed the price at ₹1000 per NCD.
Q3. What is Muthoot Fincorp NCD Issue Size?
Ans. The NCD issue size is ₹200 crores.
Q4. On Which platform the Muthoot Fincorp NCD will list?
Ans. Muthoot Fincorp NCD will list on BSE Platforms.
Q5. How to apply for Muthoot Fincorp NCD?
Ans. You can apply from your existing Demat account online and offline.