Muthoot Finance Limited, a gold loan NBFC company with roots dating back 800 years and situated in Kerala, was founded in 1997. The business provides vehicle loans, personal loans, insurance, gold loans, money transfer services, foreign exchange, mutual funds, gold loans, and housing finance (home loans).
As of September 30, 2022, the Muthoot Finance Gold Loan portfolio had 8.16 million loan accounts in India that were serviced by 4,641 branches located in 22 states, the national capital region of Delhi, and six union territories. As of September 30, 2022, the company had 27,204 employees working for us. The company had Rs. 276,630,69 million in bank and financial institution borrowings as of March 31, 2022.
Muthoot Finance NCD 2023 Details
| Subscription Dates | 8 Feb – 3 March 2023 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Face Value | INR 1,000 per NCD |
| Issue Price | INR 1,000 per NCD |
| Issue Size (Base) | INR 100 crores |
| Overall Issue Size (including oversubscription) | INR 400 crores |
| Minimum Lot Size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 25 months 37 months 61 months |
| Credit Rating | ICRA AA+ Stable |
| Category Reservation | Category 1 (QIB): 5% Category 2 (NII): 5% Category 3 (HNI): 40% Category 4 (Retail): 50% |
| Basis of Allotment | First Come First Serve |
| Listing On | BSE SME |
NCD Allocation Ratio
| Category | NCD’s Allocated |
| Institutional | 5% |
| Non-Institutional | 5% |
| HNI | 40% |
| Retail | 50% |
NCD’s Offered by Category
| Category | NCD’s Reserved |
| Institutional | 50,000 |
| Non-Institutional | 50,000 |
| HNI | 400,000 |
| Retail | 500,000 |
| Total NCD’s | 1,000,000 |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
| 31-Mar-20 | 54881.69 | 9707.27 | 3168.68 | 11829.21 |
| 31-Mar-21 | 68641.44 | 11566.42 | 3818.87 | 15575.02 |
| 31-Mar-22 | 76316.47 | 12237.46 | 4031.32 | 18785.72 |
| Amount in ₹ Crore |
Objects of the Issue:
The Net Proceeds raised through this Tranche V Issue will be utilised for following activities:
- For the purpose of lending – minimum of 75% of the amount raised and allotted in the Issue
- For General Corporate Purposes – shall not exceed 25% of the amount raised and allotted in the Issue
Muthoot Finance Limited NCD 2023 Prospectus
Company Contact Information
Muthoot Finance Limited
2nd Floor, Muthoot Chambers,
Opposite Saritha Theatre Complex,
Banerji Road, Kochi 682 018
Phone: (+91 484) 239 4712
Email: ncd@muthootgroup.com
Website: https://www.muthootfinance.com/
Muthoot Finance Limited NCD 2023 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: mfl.ncd2022@linkintime.co.in
Website: https://linkintime.co.in/
Muthoot Finance Limited NCD 2023 Lead Manager(s)
- A.K. Capital Services Limited
