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Incorporated in 1997, Muthoot Fincorp Limited is a non-deposit taking NBFC. The company is primarily engaged in the business of offering personal and business loans which are secured by gold ornaments and jewellery.
The gold loan product is available for personal and business purposes to meet short-term liquidity requirements of the individuals. Currently, Company operates 3541 branches located across 20 states, including union territory of Andaman and Nicobar Islands and the national capital territory of Delhi and employed 16,025 employees including 255 contracted experts in its operations.
Some of the Gold Loan products offered by the company are:
In addition to the Gold loan business, the Company provides foreign exchange conversion and money transfer services as sub-agents of various registered money transfer agencies. Muthoot Fincorp is also engaged in the following business:
Issue Open | December 31, 2020 - January 25, 2021 |
Security Name | Muthoot Fincorp Limited |
Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) and/or Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) |
Issue Size (Base) | Rs 200.00 Crores |
Issue Size (Shelf) | Rs 200.00 Crores |
Issue Price | Rs 1000 per NCD |
Face Value | Rs 1000 each NCD |
Minimum Lot size | 10 NCD |
Market Lot | 10 NCD |
Listing At | BSE |
Credit Rating | CRISIL A/ Stable |
Tenor | 27, 38, 60 and 72 months |
Series | Series I to Series IX |
Payment Frequency | Monthly, Yearly or Cumulative |
Basis of Allotment | First Come First Serve Basis |
Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | |
---|---|---|---|---|---|---|---|---|---|
Frequency of Interest Payment | Monthly | Monthly | Monthly | Monthly | Annually | Cumulative | Cumulative | Cumulative | Cumulative |
Tenor | 27 Months | 38 Months | 60 Months | 72 Months | 72 Months | 27 Months | 38 Months | 60 Months | 72 Months |
Coupon Rate (Retail) | 8.25% | 8.50% | 8.75% | 9.00% | 9.40% | NA | NA | NA | NA |
Effective Yeild (Annually) | 8.57% | 8.84% | 9.10% | 9.38% | 9.40% | 8.58% | 8.84% | 9.10% | 9.40% |
Amount on Maturity | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,203 | Rs 1,370 | Rs 1,546 | Rs 1,714 |
This offer is rated as "CRISIL/A" Stable by CRISIL. This rating indicates that instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.
Thomas John Muthoot, Thomas George Muthoot and Thomas Muthoot are the promoters of the company.
Particulars | For the year/period ended (? in Lakhs) | |
---|---|---|
31-Mar-20 | 31-Mar-19 | |
Total Assets | 21,24,037.28 | 18,37,609.22 |
Total Revenue | 3,75,868.09 | 3,35,376.33 |
Profit After Tax | 25,792.81 | 37,261.16 |
The following objects are proposed to be financed from the Net Proceeds:
1. Working capital purposes
2. General corporate purposes
The Muthoot Fincorp NCD December 2020 was subscribed 2.09 times on January 25, 2021 5:00:00 AM. The NCD subscribed .
Category ? | Subscription (times) |
---|---|
Category 3 | 3.12x |
Category 2 (NII) | 0.91x |
Category 1 (QIB) | 0.30x |
Total | 2.09x |
Muthoot Fincorp Limited
Muthoot Centre,
TC No 14/2074-7 Punnen Road Trivandrum - 695 039
Kerala, India
Phone: +91 471 491 1550
Email: cs@muthootfincorp.com
Website: https://www.muthootfincorp.com/
Integrated Registry Management Services Private Limited
2nd Floor, Kences Towers,
No.1 Ramakrishna street, North Usman Road,TNagar,
Chennai - 600017
Phone: 044 - 28140801 to 28140803
Email: mfinipo@integratedindia.in
Website: https://www.integratedregistry.in/registrarstosta.aspx?od=1
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