Muthoot Fincorp NCD January 2023 Details 

Muthoot finance NCD
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Muthoot Fincorp has become a significant player in the gold lending market and is a systemically important NBFC that does not accept deposits. Muthoot Fincorp demonstrated a notable increase in its Gold Loan Portfolio between FY 2016 and FY 2022, with a compound annual growth rate of almost 15%. 

The personal and business loans provided by the company, which are backed by gold jewellery and ornaments, are designed to satisfy unforeseen or other short-term liquidity needs for people who do not have convenient access to formal credit or who may not be able to obtain it at all. 

Muthoot Fincorp NCD January 2023 Details 

Subscription Dates 2 – 27 January 2023 
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Debentures 
Face Value INR 1,000 per NCD 
Issue Price INR 1,000 per NCD 
Issue Size (Base) INR 200 crores 
Overall Issue Size (including oversubscription) INR 400 crores 
Minimum Lot size 10 NCDs 
Market Lot 1 NCD 
Tenor 27 months 
38 months 
48 months 
60 months 
Credit Rating CRISIL AA-/Stable 
Category Reservation Category 1 (QIB): 5% 
Category 2 (NII): 35% 
Category 3 (Retail): 60% 
Basis of Allotment First Come First Serve 
Listing On BSE,SME 
Edelweiss Financial Services NCD January 2023

Muthoot Fincorp NCD Allocation Ratio 

Category ? NCD’s Allocated 
Institutional 5% 
Non-Institutional 35% 
Retail 60% 
Category 4 0% 

NCD’s Offered by Category 

Category ? NCD’s Reserved 
Institutional 100,000 
Non-Institutional 700,000 
Retail 1,200,000 
Category 4 
Total NCD’s 2,000,000 

Muthoot Fincorp Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth 
31-Mar-20 21241.81 3765.99 257.93 2653.03 
31-Mar-21 26284.54 4101.19 397.28 3034.7 
31-Mar-22 28422.34 4355.13 412.55 3731.16 
Amount in ₹ Crore 

Muthoot Fincorp NCD Objectives 

  • For the purpose of Working Capital– 75% of the amount raised and allotted in the Issue. 
  • For General Corporate Purposes– 25% of the amount raised and allotted in the Issue 

Muthoot Fincorp NCD December 2022 Prospectus

Company Contact Information

Muthoot Fincorp Limited
Muthoot Centre,
TC No 14/2074-7 Punnen Road,
Trivandrum – 695 039, Kerala

Phone: +91 471 491 1550

Muthoot Fincorp NCD December 2022 Registrar

Integrated Registry Management Services Private Limited
   2 nd Floor,
   Ramakrishna Street, North Usman Road,
   T. Nagar, Chennai – 600 017

Phone: + 91 44 2814 0801 to 803

December 2022 Lead Manager(s)

  1. SMC Capitals Limited


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