Muthoot Finance Ltd.

Muthoot Finance Ltd. NCD Nov 2013 Interest Rate up to 12.25%


muthoot finance Muthoot Finance Ltd.

Company Profile

We are the largest gold financing company in India in terms of loan portfolio, according to IMaCS Industry Report (2010 Update). We provide personal and business loans secured by gold jewellery, or Gold Loans, primarily to individuals who possess gold jewellery but could not access formal credit within a reasonable time, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.

 Largest gold financing company in India in terms of loan portfolio*

 Largest branch network among gold loan NBFCs in India*

 Systemically Important Non deposit taking NBFC

 Track record of over 73 years

 Customers includes small businessmen, vendors, traders, farmers and salaried individuals

 Pan-India presence through 3,780** branches

 Total employee strength was approximately 25,100**

Financial Details

Total Gold Loan under Management grew from Rs. 2,179 cr in FY08 to Rs. 24,417 cr in FY12 – a CAGR of 83%

Total Income of ‘ 4,549 cr & Profit After Tax of ‘ 892 cr for FY 2012

Gross NPA of 0.56% of gross retail loan portfolio under management as on March 31, 2012

Capital Adequacy Ratio (CAR) of 18.29% as on March 31, 2012

Muthoot Finance NCD 2013 Details

Issuer/ Borrower
Muthoot Finance Limited
Issue Open18-Nov-13
Issue CloseDecember 02, 2013*
Nature of InstrumentSecured Redeemable NCDs
Credit RatingCRISIL AA-/Negative’ by CRISIL ‘ [ICRA] AA-/ Negative’ by ICRA
TradingDematerialised form only
Face Value(NCD) Rs. 1,000
Issue Price (NCD) Rs. 1,000
Minimum Application10,000/- or 10 NCDs (for all Series of NCDs either taken individually or collectively)

Muthoot Finance NCD Series Details

Effective yield (% per annum) category II & III11.50%12.00%11.50%12.00%12.25%12.00%11.00%12.00%
Issue Price (`/NCD)1,000/-1,000/-1,000/-1,000/-1,000/-1,000/-1,000/-1,000/-
Frequency of Interest PaymentMonthlyMonthlyMonthlyAnnuallyAnnuallyAnnuallyNANA
Tenor24 Months36 Months60 Months24 Months36 Months60 Months400 Days24 Months
Base Coupon (% per annum) for all categories10.75%11.25%10.75%11.25%11.50%11.25%NANA
Additional Incentive on Coupon (% per annum) category II & III0.75%0.75%0.75%0.75%0.75%0.75%NANA
Coupon Rate (% per annum) category I10.75%11.25%10.75%11.25%11.50%11.25%NANA
Coupon Rate (% per annum) category II &III11.50%12.00%11.50%12.00%12.25%12.00%NANA
Effective yield (% per annum) category I10.75%11.25%10.75%11.25%11.50%11.25%10.75%11.25%

Important Information (Instruction)

Please take print of the Application Form A3 / A4 paper size.

Attach following document along with the application form : –

1] PAN Card and Address Proof Photo Copy attested by applicant.

2] One Cancelled Cheque copy.

3] Bidding is mandatory.

4] Cheque / DD should be drawn in favour of “Escrow Account Muthoot Finance NCD Public Issue”

5] On First come First Serve Basis

6] Keep photocopy of application form for your record.

7] Submit / deposit your NCD application form in Listed/ Design Bank Branches.

8] To record and track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.

9] The actual bond will reflect in your demat account within 8-12 weeks time form date of allotment.

10] Free Home Service available *

Who can apply / invest ?

1] Individual, 2] HUF, 3] Charitable Institute, 4] Company, 5] Firms, 6] Co-operative, 7] NRI, 8] Financial Institute

Content for the tab Profit & Dividend


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