NCD News of Muthoot Finance Limited Tranche IV NCD Nov 2022

Muthoot Finance Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹1000 each, for an amount of ₹75.00 Crores ('Base Issue Size') with an option to retain oversubscription up to ₹225.00 Crores.

Incorporated in 1997, Muthoot Finance Limited is a Kerala-based gold loan NBFC company with a legacy of 800 years of the family business. The company offers Gold loans, Housing Finance (Home Loans), Personal loans, Insurance, Gold Coins, Money Transfer Services, Foreign Exchange, Mutual Funds, Micro Finance and Vehicle loan.

Allotment of the NCD's will be done on irst Come First Serve Basis.

Muthoot Finance Limited Tranche IV NCD Nov 2022 is rated ICRA AA+/Stable.

The issue opens on Nov 28, 2022 and closes for subscription on Dec 19, 2022. The shares of the company to be list at BSE.

The public issue of Muthoot Finance Limited opens on Nov 28, 2022 and closes for subscription on Dec 19, 2022.

The Muthoot Finance Limited Tranche IV NCD Nov 2022 are proposed to list at BSE.

Allotment of the NCD's will be done on irst Come First Serve Basis.