Thursday, December 02, 2021

10.20% Muthoottu Mini Financiers NCD December 2021 Date, Rating & Interest Rates

Muthoottu Mini Financiers Ltd is an NBFC company based in Kerala, incorporated in 1998. They are i a gold loan business providing money against the pledge of gold jewelry. Apart from the gold loan business they also offer depository participant services, money transfer services, insurance broking services, PAN card-related services, and travel agency services. They have over 3000 employees and over 750 branches in India. They also provide Mahila Loan for Empowering Women Entrepreneurs, Aaswas Loan for Strengthening the Rural poor community, Easy EMI Loan for Customized solution for salaried customers, Online Gold Loan for giving the loan directly to customer’s account and Prepay loan to pay interest upfront and to get interest free repayments.

Muthoottu Mini Financiers has a rating of CARE BBB+ Stable (Triple B Plus; Outlook: Stable) by CARE Ratings Limited. Muthoottu Mini Financiers Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 01 December 2021. Muthoottu Mini Financiers will offer 10.20% interest rates on the NCDs. The NCDs tenure is for 480 Days, 24, 36,48,66 Months.
Muthoottu Mini Financiers

Muthoottu Mini Financiers NCD Issue Details

 NCD Issue Open 01 December 2021
 NCD Issue Close 28 December 2021
 NCD Issue Size Base: 100 Cr. | Shelf: 100 Cr.
 Price Band ₹1000 per NCD
 Interest Rate Upto 10.20% ** (Annually)
 Minimum Investment 10 Bonds (₹1,000)
 Maximum Investment 1,000 Bonds (₹10,00,000)
 Listing on
 BSE Platform

Muthoottu Mini Financiers NCD Issue Rating

  • Care: CARE BBB+ Stable (Triple B Plus; Outlook: Stable)

Muthoottu Mini Financiers NCD Issue Listing

  • NCD Bonds to list on BSE platform.

Muthoottu Mini Financiers NCD Issue Promoters

  • Nizzy Mathew
  • Mathew Muthoottu

How to Apply Muthoottu Mini Financiers NCD Issue?

You can apply from your existing Demat account online and offline. You can apply via downloading the form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.

Muthoottu Mini Financiers NCD (December 2021) Issue Tenure & Interest Rates

Opt Tenure Payment Coupon Eff. Yield
I 480 Days Month 8.50% 8.84%
II 24 months Month 8.75% 9.11%
III 24 months Cumu NA 9.09%
IV 36 months Cumu NA 9.50%
V 48 months Month 9.75% 10.20%
VI 66 months Cumul NA 10.13%

Muthoottu Mini Financiers NCD Lead Manager

  • Vivro Financial Services Private Limited

Muthoottu Mini Financiers NCD Allotment Status

  • Muthoottu Mini Financiers NCD issue allotment available on Linkintime

NCD Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: ncd3.mmfl2021@linkintime.co.in
Website: https://linkintime.co.in/

Company Information

Muthoottu Mini Financiers Ltd
2/994, Muthoottu Buildings,
Kozhencherry, Pathanamthitta – 689 641,
Kerala, India.
Phone: +91 468 231 4391
Email: cs@minimuthoottu.com
Website: https://www.muthoottumini.com/

Muthoottu Mini Financiers NCD FAQs:


When is Muthoottu Mini Financiers NCD Open?
Muthoottu Mini Financiers NCD to open on December 01 and close on December 28, 2021.

What is Muthoottu Mini Financiers NCD Price?
The company has fixed the price at ₹1000 per NCD.

What is Muthoottu Mini Financiers NCD Issue Size?
The NCD issue size is ₹100 crores.

On Which platform the Muthoottu Mini Financiers NCD will list?
Muthoottu Mini Financiers NCD will list on BSE Platform.

How to apply for Muthoottu Mini Financiers NCD?
You can apply from your existing Demat account online and offline.

Open FREE Demat Account