Muthoot Finance NCD 2023 Details

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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 
Hazoor Multi Projects Rights Issue 2023 Details

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: 

  1. For the purpose of lending – minimum of 75% of the amount raised and allotted in the Issue 
  1. 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
Websitehttps://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
Websitehttps://linkintime.co.in/

Muthoot Finance Limited NCD 2023 Lead Manager(s)

  1. A.K. Capital Services Limited

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