NCD News of Muthoottu Mini Financiers NCD October 2024

Muthoottu Mini Financiers 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 ₹100.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹[.] Crores.

Muthoottu Mini Financiers Limited is a non-deposit taking NBFC-ML in the gold loan sector lending money against pledge of household gold ornaments (gold loans) in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Haryana, Maharashtra, Gujarat, Delhi, Uttar Pradesh and Goa and in the Union Territory of Puducherry.

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

Muthoottu Mini Financiers NCD October 2024 is rated

CARE A-Stable by CARE Ratings Limited.

The issue opens on Oct 30, 2024 and closes for subscription on Nov 13, 2024. The shares of the company to be list at BSE.

The public issue of Muthoottu Mini Financiers Limited opens on Oct 30, 2024 and closes for subscription on Nov 13, 2024.

The Muthoottu Mini Financiers NCD October 2024 are proposed to list at BSE.

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