Muthoot Mercantile NCD December 2024 Details, Date, Tenure, Interest Rates

Muthoot Mercantile Limited NCD

Muthoot Mercantile NCD date is scheduled to open on 10 January, 2025 and will close on 23 January, 2025. The company offers Secured, Redeemable, Non-Convertible Debentures NCDs of ₹75.00 Cr for base and ₹75.00 Cr for oversubscription issue. The Muthoot Mercantile offer 12.07% interest rates with face value of ₹1000 each NCD. The price of NCD is ₹1000. Muthoot Mercantile NCD has a rating of IND BBB-/Stable by India Ratings and Research Private Limited and decided tenure is for 400 Days, 20, 36, 60, and 73 Months.

The lead managers of this NCD is Vivro Financial Services Private Limited while registrar is Kfin Technologies Limited. For more information check more updates on Latest and New NCD 2025 including credit rating, NCD price, coupon rates, allotment, Offer Documents, payment frequency and more.

Muthoot Mercantile NCD December 2024 Details

NCD Open Date:10 January 2025
NCD Open Close:23 January 2025
Issue Size (Base):₹75 Cr.
Issue Size (Shelf):₹75 Cr
NCD Price:₹1000 per NCD
Face Value:₹1000 each NCD
Interest Rate:Up to 12.07% ** (Annually)
Minimum Investment:10 Bonds (₹10,000)
Credit Rating:IND BBB-/Stable by India Ratings and Research Private Limited
Tenor:400 Days, 20, 36, 60, and 73 Months
Listing onBSE Platform
SeriesSeries I to IX
Basis of AllotmentMonthly and Cumulative
Payment FrequencyMonthly, Annual and Cumulative

Muthoot Mercantile NCD December 2024 Offer Documents

Checkout the Muthoot Mercantile December 2024 NCD offer documents of DRHP and RHP
NCD RHPClick Here
NCD DRHPClick Here

Muthoot Mercantile NCD December 2024 Dates | Time Table

Get the dates and schedule for latest Muthoot Mercantile December 2024 NCD is open and close date with BSE and NSE code, Script Symbol.
NCD Issue Open10 January 2025
NCD Issue Close23 January 2025
BSE Code:
Script Symbol:

Muthoot Mercantile NCD Offer Allocation Ratio

Check out the Muthoot Mercantile NCD December 2024 details for small shareholders and eligible shareholders.

CategoryAllocation
Institutional10%
Non-Institutional40%
HNI-%
Retail50%
Other-%

Muthoot Mercantile NCD December 2024 Tenure and Interest Rates

TenurePaymentCouponEff. YieldAmount on Maturity
400 DaysMonthly10%10.47%₹1,000
400 DaysCumulativeNA10.17%₹1,112
20 MonthsMonthly10.15%10.64%₹1,000
20 MonthsCumulativeNA10.16%₹1,175
36 MonthsMonthly10.75%11.3%₹1,000
36 MonthsCumulativeNA10.6%₹1,353
60 Months Monthly11%11.57%₹1,000
60 Months CumulativeNA10.64%₹1,658
73 MonthsCumulativeNA12.07%₹2,000

Muthoot Mercantile Company Financial Report

₹ in Crores

YearRevenueExpensePAT
Sept 2024

Muthoot Mercantile December 2024 Promoters

  • The Company has no identifiable promoters and is a professionally managed company.

How to Apply for Muthoot Mercantile NCD December 2024

  • Apply through your existing Demat account online/offline
  • Download form from official website

About Muthoot Mercantile

Muthoot Mercantile Limited was incorporated in 1939 and started a business providing gold loans, investments, health insurance, forex services, and money transfers. However, it is not an ordinary loan business but also believes in building strong, trustworthy connections with its customers. This company transferred into a public company in 1997 and became a registered non-banking finance company. Afterward, this firm caught greep to grow in business. Furthermore, At Muthoot Mercantile Ltd, they take responsibility for keeping safety on a serious mode and have a belief that customer satisfaction is their business success. Financially, it has around INR 1 cr to 100 cr revenue ratio for the year ending 31 March 2021. Moreover, Muthoot Mercantile is involved in various CSR initiatives aimed at improving social welfare.

Objects of the Issue

  • For onward lending, financing and repayment/prepayment of principal and interest on existing borrowings; and
  • General Corporate Purposes

Muthoot Mercantile NCD December 2024 Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: mml.ncdipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

Muthoot Mercantile NCD December 2024 Lead Manager

  • Vivro Financial Services Private Limited

Muthoot Mercantile December 2024 NCD allotment status check on Kfin Technologies website – Click Here

Company Address

1st Floor, North Block, Muthoot Floors,
Opposite W&C Hospital, Thycaud,
Thiruvananthapuram 695 014, Kerela, India
Phone: +91-471-277-4800
Email: cs@muthootenterprises.com
Website: https://muthootenterprises.com/

Muthoot Mercantile NCD December 2024 Reviews

  • Avoid

Muthoot Mercantile NCD December 2024 FAQs

When is Muthoot Mercantile NCD December 2024 Open and Close Date?

The Muthoot Mercantile NCD December 2025 opens on 10 January 2025, and closes on 23 January 2025..

What is Size of Muthoot Mercantile NCD December 2024?

The NCD issue size is ₹75 crores for base and ₹75 Cr for Shelf.

What is the offer price for Muthoot Mercantile NCD December 2024?

The offer price is ₹1000 per NCD.

What is the Tenure & Interest Rates for this NCD?

The Tenure is 73 Months and Interest Rates is Up to 12.07% annually..

What is type of Muthoot Mercantile NCD December 2024?

This is a Secured, Redeemable and Non-Convertible Debentures (Secured NCDs)..

Leave a Reply

Your email address will not be published. Required fields are marked *