Muthoottu Mini Financiers Ltd is an NBFC firm based mostly in Kerala, integrated in 1998. They are in a gold mortgage enterprise, offering cash in opposition to the pledge of gold jewelry. Apart from the gold mortgage enterprise additionally they supply depository participant providers, cash switch providers, insurance coverage broking providers, PAN card-related providers, and journey company providers. They have over 3000 staff and over 750 branches in India. They additionally present Mahila Loan for Empowering Women Entrepreneurs, Aas was Loan for Strengthening the Rural poor neighborhood, Easy EMI Loan for Customized resolution for salaried prospects, Online Gold Loan for giving the mortgage on to buyer’s account, and Prepay mortgage to pay curiosity upfront and to get curiosity free repayments.
Muthoottu Mini Financiers has a ranking of CARE BBB+ by CARE Ratings Limited. Muthoottu Mini Financiers Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start out on 20 April 2022. Muthoottu Mini Financiers will supply 10.00% rates of interest on the NCDs. The NCDs tenure is for 480 Days, 24, 36, 48, and 66 Months.
Muthoottu Mini Financiers NCD April 2022 Issue Details
| Â NCD Issue Open | Â 20 April 2022 |
| Â NCD Issue Close | Â 17 May 2022 |
| Â NCD Issue Size | Â Base: 125 Cr. | Shelf: 125 Cr. |
|  Price Band |  ₹1000 per NCD |
| Â Interest Rate | Â Up to 10.00% ** (Annually) |
|  Minimum Investment |  10 Bonds (₹1,000) |
| Â Listing on | Â BSE Platform |
| Â Credit Rating | Â CARE BBB+ by CARE Ratings Limited |
| Â Tenor | Â 480 Days, 24, 36, 48 and 66 Months |
| Â Basis of Allotment | Â First Come First Serve Basis |
Muthoottu Mini Financiers NCD April 2022 Promoters
- Nizzy Mathew
- Mathew Muthoottu
How to Apply Muthoottu Mini Financiers NCD April 2022 Issue?
You can apply out of your present Demat account on-line and offline. You can apply by downloading the shape from the official web site and filling up all the main points with the cheque for the mentioned quantity. You can submit it to the gathering facilities.
Muthoottu Mini Financiers NCD April 2022 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 480 Days | Month | 8.00% | 8.30% |
| II | 24 Month | Month | 8.50% | 8.84% |
| III | 24 Month | Cumm | NA | 8.90% |
| IV | 36 Month | Month | NA | 9.25% |
| V | 48 Month | Month | 9.50% | 9.92% |
| VI | 66 Month | Cumm | NA | 10.00% |
Muthoottu Mini Financiers NCD April 2022 Lead Manager
- Vivro Financial Services Private Limited
Muthoottu Mini Financiers NCD April 2022 Allotment Status
- Muthoottu Mini Financiers NCD concern allotment accessible on Linkintime
Muthoottu Mini Financiers NCD April 2022 Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Company Information
Muthoottu Mini Financiers Limited
65/623-Ok,
Muthoottu Royal Towers,
Kaloor, Kochi, Kerala – 682 017
Phone: +91 484 291 2100
Email: [email protected]
Website: https://www.muthoottumini.com/
Muthoottu Mini Financiers NCD April 2022 FAQs:
Muthoottu Mini Financiers NCD is to open on April 20 and shut on May 17, 2022.
You can apply out of your present Demat account on-line and offline.
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