NCD News of Muthoot Fincorp NCD Tranche I August 2024

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 ₹100 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹2,000 Crores.

Incorporated in 1997, Muthoot Fincorp Limited is a non-deposit-taking NBFC. The company primarily offers personal and business loans secured by gold ornaments and jewelry. The gold loan product is available for personal and business purposes to meet individuals' short-term liquidity requirements.

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

Muthoot Fincorp NCD Tranche I August 2024 is rated

The issue opens on Aug 28, 2024 and closes for subscription on Sep 10, 2024. The shares of the company to be list at BSE.

The public issue of Muthoot Fincorp Limited opens on Aug 28, 2024 and closes for subscription on Sep 10, 2024.

The Muthoot Fincorp NCD Tranche I August 2024 are proposed to list at BSE.

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