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| Issue Size (Base) | Rs 200 Cr |
| Issue Size (Shelf) | Rs 200 Cr |
| Face Value | ₹1000 each NCD |
| Issue Price | ₹1000 per NCD |
| Market Lot | 1 NCD |
| Min Order Qty | 10 NCD |
| Min Order Amount | ₹10000 |
| Listing at | BSE |
| Tenor | 27/38/60/72/96/ Months |
| Credit Rating | CRISIL A+/Stable |
| Series | Series I to Series X |
| Payment Frequency | Monthly |
| Basis of Allotment | First Come First Serve Basis |
| Muthoot Fincorp Financials (₹ in Cr) | 31-Mar-2021 | 31-Mar-2020 | 31-Mar-2019 |
|---|---|---|---|
| Total Assets | ₹26,284.54 | ₹21,241.81 | ₹18,376.09 |
| Total Income | ₹4,101.19 | ₹3,765.99 | ₹3,353.76 |
| Net Profit/Loss | ₹397.28 | ₹257.93 | ₹372.61 |
| # | Issue Objects |
|---|---|
| 1 | 75% funds will be utilized towards working capital requirements. |
| 2 | 25% funds will be utilized towards general corporate purposes. |
| Options | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | Series 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Nature | Secured NCDs | |||||||||
| Tenor | 27 Months | 38 Months | 60 Months | 72 Months | 96 Months | 27 Months | 38 Months | 60 Months | 72 Months | 96 Months |
| Frequency of Interest Payment | Monthly | Cumulative | ||||||||
| Coupon Rate % Per Annum | 8.00% | 8.25% | 8.50% | 8.75% | 9.00% | NA | NA | NA | NA | NA |
| Coupon Type | Fixed | |||||||||
| Redemption Amount (? /NCD) for Debenture Holders (%) | 1000 | 1000 | 1000 | 1000 | 1000 | 1197 | 1297 | 1527 | 1687 | 2049 |
| Effective Yield (%) | 8.30% | 8.56% | 8.83% | 9.10% | 9.37% | 8.31% | 8.57% | 8.83% | 9.11% | 9.37% |
| Put and Call Option | NA |
CRISIL has rated the NCD issue of Rs. 400 Cr as A+ with a stable outlook. The rating indicates an adequate level of safety regarding timely payment of the company's financial obligations and is subject to low credit risks.
Muthoot Fincorp Ltd is an NBFC that is engaged in the business of offering secured personal and business loans. The company offers secured personal and business gold loans, as of Sep 30, 2021, it has serviced gold loans to 36.18 lakhs loan accounts. Currently, the business operates 3,658 branches across 24 states in India.
Muthoot Blue Guide Gold Loan, Muthoot Blue Bright Gold Loan, Muthoot Blue Power Gold Loan, Muthoot Blue Bigg Gold Loan, Muthoot Blue Smart Gold Loan, and 24*7 Express Gold Loan are some of the top gold loan products.
