Free Account Opening + AMC Free Demat
Loading...

Muthoot Fincorp Limited NCD (Muthoot Fincorp NCD December 2020) Detail

December 31, 2020 - January 25, 2021
Muthoot Fincorp Limited Logo

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:

  1. Muthoot Blue Guide Gold loan
  2. Muthoot Blue Bright Gold loan
  3. Muthoot Blue Power Gold loan
  4. Muthoot Blue Bigg Gold loan
  5. Muthoot Blue Smart Gold loan
  6. 24x7 Express Gold loan

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:

  1. Generation and sale of wind energy through its wind farms located in Tamil Nadu; and
  2. Real estate business through joint venture developers of the company-owned land parcels.

Muthoot Fincorp NCD December 2020 Detail

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

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 0%
Category 2 0%
Category 3 0%

NCD's Offered by Category

Category ? NCD's Reserved
Category 1 100,000
Category 2 800,000
Category 3 1,100,000
Category 4 0
Total NCD's 2,000,000

Coupon Rates for Eash Series

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

NCD Rating

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.

Company Promoters

Thomas John Muthoot, Thomas George Muthoot and Thomas Muthoot are the promoters of the company.

Company Financials

Summary of financial Information (Restated Consolidated)
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

Objects of the Issue

The following objects are proposed to be financed from the Net Proceeds:

1. Working capital purposes
2. General corporate purposes

Muthoot Fincorp NCD December 2020 Prospectus

Muthoot Fincorp NCD December 2020 Subscription Status

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 33.12x
Category 2 (NII)0.91x
Category 1 (QIB)0.30x
Total2.09x

Check Day by Day Bidding Details

Muthoot Fincorp NCD December 2020 Rating

21
3.1
Rating:Rated 3.1 stars
Vote Here ...

Muthoot Fincorp NCD December 2020 Reviews

Company Contact Information

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/

Muthoot Fincorp NCD December 2020 Registrar

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

Muthoot Fincorp NCD December 2020 Lead Manager(s)


1 Comments

1. NSN AT IPO     Link|January 4, 2021 12:13:11 PM
The Bhilai plant has an annual production capacity of 3.153 million tonnes of saleable steel. Photo: Bloomberg
Nine dead, 14 hurt in blast at SAIL’s Bhilai plant
Is the above information TRUE???
1.1. NSN AT IPO     Link|January 4, 2021 1:58:33 PM
Oh...OLD ONE

Compare NCDs with Muthoot Fincorp NCD December 2020