Explore / Public Issue



Invest in Public Issue

Muthoot Fincorp Limited Tranche IV


Opening Date

Feb 04, 2025

Closing Date

Feb 17, 2025

calender

Allotment

First Come
First Serve

calender

Credit Rating

CRISIL AA-/Stable CRISIL Ratings Limited

calender

Base Issue

₹100 Crores

Greenshoe

₹300 Crores

calender

Highest Yield

10.11%

Min. Investment

₹10,000

calender
     

Issue Details

Essentials

Issue price

₹1,000

Face Value

₹1,000/ NCD

Issue Size

₹400 Crores

Minimum Investment

₹10,000 (10 NCDs)

Rating

CRISIL AA-/Stable CRISIL Ratings Limited

Listing on

BSE

Issue Opening Date

Feb 04, 2025

Issue Closing Date

Feb 17, 2025

Mode of Issue

Public Issue

Registrar

Link Intime India Private Limited

Mode of allotment and Trading

Dematerialized

About the Issuer

Muthoot Fincorp Limited is non-deposit accepting NBFC registered with the RBI bearing registration no. 16.00170 dated July 23, 2002 under Section 45 IA of the RBI Act. Muthoot Fincorp Limited was incorporated on June 10, 1997, as Muthoot Debt Management Services Limited as a public limited company under the provisions of the Companies Act, 1956. The Company received a certificate for commencement of business on July 3, 1997. Subsequently, the name of the Company was changed to Muthoot Fincorp Limited, and a fresh certificate of incorporation dated March 19, 2002 was issued to the Company by the Roc. The Company is one of the prominent gold loan players in the Indian market. The personal and business loans secured by gold jewelry and ornaments (“Gold loans”) offered by the Company are structured to serve the business and personal purposes of individuals who do not have ready or timely access to formal credit or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements. They have been engaged in the Gold loans business for over two decades and are headquartered in Kerala, India. The Company provides retail loan products, primarily comprising of Gold loans.

Competitive Strengths

play

The Company is one of the largest Indian NBFCs engaged primarily in the Gold loans business in terms of the size. of our Gold loans portfolio.

play

Extensive experience and a strong brand image and track record in the Gold loans business across India.

play

Widespread Branch Network and Strong Presence in South India.

play

High-quality customer service and short response time.

play

Access to a range of cost-effective funding sources.

play

Experienced senior management team and a skilled workforce

Objectives for IPO Issue

For the purpose of Working Capital–- 75% of the amount raised and allotted in the Issue

For General Corporate Purposes–- 25% of the amount raised and allotted in the Issue

Source: Shelf Prospectus dated August 23, 2024 and Tranche III Prospectus dated January 29, 2024

Disclaimer: Invest only after referring to the Prospectus dated 29thDecember 2024

Available Bonds Options

Options I II III IV V VI VII VIII IX X XI XII XIII XIV
Nature
Secured Secured Secured Secured Secured Secured Secured Secured Secured Secured Secured Secured Secured Secured
Tenure (Months)
24 Months 36 Months 60 Months 72 Months 18 Months 24 Months 36 Months 60 Months 72 Months 18 Months 24 Months 36 Months 60 Months 72 Months
Frequency of Interest Payment
Monthly Monthly Monthly Monthly Annual Annual Annual Annual Annual Cumulative Cumulative Cumulative Cumulative Cumulative
Coupon (%) (per annum) for Debenture Holders in Category I/ II/ III and IV
9% 9.25% 9.45% 9.65% 9.30% 9.40% 9.65% 9.90% 10.10% NA NA NA NA NA
Redemption Amount (₹ /NCD) for Debenture Holders in Category I/ II/ III and IV
₹ 1000 ₹ 1000 ₹ 1000 ₹ 1000 ₹ 1000 ₹ 1000 ₹ 1000 ₹ 1000 ₹ 1000 ₹ 1142.28 ₹ 1196.84 ₹ 1318.34 ₹ 1603.62 ₹ 1781.72
Effective Yield (%) (per annum) for Debenture Holders in Category I/ II/ III and IV
9.38% 9.65% 9.87% 10.09% 9.39% 9.44% 9.68% 9.91% 10.11% 9.30% 9.40% 9.65% 9.90% 10.10%

Allocation Ratios

Category Institutional Investors Non Institutional Investors HNI Retail Individual Investors Total
Allocation 5% 20% 25% 50% 100%
Base Issue Size (₹ in Cr) 5 20 25 50 100
Greenshoe Option (₹ in Cr) 15 60 75 150 300
Total Issue Size (₹ in Cr) 20 80 100 200 400

Recently closed public issues

₹ raised

ipo logo

₹ raised

ipo logo

₹ 430.24 Crores raised

ipo logo

₹ 1002 Crores raised

ipo logo

₹ 215.93 Crores raised

ipo logo

₹ 319.81 Crores raised

ipo logo

Ready to invest in this Public Issue?

Still looking for help?