Muthoot Finance Ltd. NCD Nov 2013 Interest Rate up to 12.25%
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/Series Details
| Issuer/ Borrower | Muthoot Finance Limited |
| Issue Open | 18-Nov-13 |
| Issue Close | December 02, 2013* |
| Nature of Instrument | Secured Redeemable NCDs |
| Credit Rating | CRISIL AA-/Negative’ by CRISIL ‘ [ICRA] AA-/ Negative’ by ICRA |
| Listing | BSE |
| Trading | Dematerialised form only |
| Face Value(NCD) | Rs. 1,000 |
| Issue Price (NCD) | Rs. 1,000 |
| Minimum Application | 10,000/- or 10 NCDs (for all Series of NCDs either taken individually or collectively) |
| Series | I | II | III | IV | V | VI | VII | VIII |
| Effective yield (% per annum) category II & III | 11.50% | 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 Payment | Monthly | Monthly | Monthly | Annually | Annually | Annually | NA | NA |
| Tenor | 24 Months | 36 Months | 60 Months | 24 Months | 36 Months | 60 Months | 400 Days | 24 Months |
| Base Coupon (% per annum) for all categories | 10.75% | 11.25% | 10.75% | 11.25% | 11.50% | 11.25% | NA | NA |
| Additional Incentive on Coupon (% per annum) category II & III | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% | NA | NA |
| Coupon Rate (% per annum) category I | 10.75% | 11.25% | 10.75% | 11.25% | 11.50% | 11.25% | NA | NA |
| Coupon Rate (% per annum) category II &III | 11.50% | 12.00% | 11.50% | 12.00% | 12.25% | 12.00% | NA | NA |
| Effective yield (% per annum) category I | 10.75% | 11.25% | 10.75% | 11.25% | 11.50% | 11.25% | 10.75% | 11.25% |
Important Information/Instruction
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
Who can apply / invest ?
1] Individual, 2] HUF, 3] Charitable Institute, 4] Company, 5] Firms, 6] Co-operative, 7] NRI, 8] Financial Institute
Download Application Form
Profit & Dividend
Content for the tab Profit & Dividend
Registrar/Bond Allotment Status
