NCD News of Muthoot Fincorp NCD October Tranche II 2023

Muthoot Fincorp 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 ₹750.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹1,100.00 Crores.

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 the short-term liquidity requirements of individuals.

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

Muthoot Fincorp NCD October Tranche II 2023 is rated CRISIL AA- /Stable by CRISIL Ratings Limited.

The issue opens on Oct 13, 2023 and closes for subscription on Oct 27, 2023. The shares of the company to be list at BSE.

The public issue of Muthoot Fincorp Limited opens on Oct 13, 2023 and closes for subscription on Oct 27, 2023.

The Muthoot Fincorp NCD October Tranche II 2023 are proposed to list at BSE.

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