Muthoot Finance Limited NCD

Issue Size (Net)

UP TO Rs.700 CRORES

Credit Ratings

ICRA] AA+/Stable (ICRA Double A plus rating with stable outlook) by ICRA Limited

Issue Opening Date

21-Sep-23

Issue Closing Date

6-Oct-23

ROI Chart Term Sheet Company Highlights Financials Highlights Prospectus

Specific Terms for Each Series of NCDs
Series	I	II	III	IV	V	VI	VII
Frequency of Interest Payment	Monthly	Monthly	Annually	Annually	Annually	NA	NA
Tenor	36 Months	60 Months	24 Months	36 Months	60 Months	36 Months	60 Months
Coupon (% p.a.)Category I	7.75%	7.75%	7.75%	8.00%	8.00%	NA	NA
Coupon (% p.a.) Category II,III & IV	8.75%	8.75%	8.75%	9.00%	9.00%	NA	NA
Effective Yield (% p.a.)Category I	7.75%	7.75%	7.75%	8.00%	8.00%	8.00%	8.00%
Effective Yield (% p.a.)Category II,III & IV	8.75%	8.75%	8.75%	9.00%	9.00%	9.00%	9.00%
Amount (₹/NCD) Maturity for Category I & II	Rs.1,000	Rs.1,000	Rs. 1000	Rs. 1,000	Rs. 1,000	Rs 1,259.71	Rs 1,469.33
Amount (₹/NCD) Maturity for Category II,III & IV	Rs.1,000	Rs.1,000	Rs. 1000	Rs. 1,000	Rs. 1,000	Rs 1,295.03	Rs 1,538.62

1.Company Information

Incorporated in 1997, Muthoot Finance Limited is a Kerala-based gold loan NBFC company with a legacy of 800 years of the family business. The company offers Gold loans, Housing Finance (Home Loans), Personal loans, Insurance, Gold Coins, Money Transfer Services, Foreign Exchange, Mutual Funds, Micro Finance and Vehicle loan.

Muthoot Finance Gold Loan portfolio as of September 30, 2022, comprising approximately 8.16 million loan accounts in India that we serviced through 4,641 branches across 22 states, the national capital territory of Delhi and six union territories in India. As of September 30, 2022, the company has employed 27,204 persons in our operations.

As of March 31, 2022, the company had Rs. 276,630.69 million as borrowings from banks and financial institutions.

2. Ratings

The NCDs proposed to be issued under this Issue have been rated [ICRA] AA+/Stable (pronounced as ICRA Double A plus rating with stable outlook) by ICRA.

3. Muthoot Finance Limited Registrar

Link Intime India Private Ltd

Link Intime India Private Ltd,
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: mfl.ncd2022@linkintime.co.in
Website: https://linkintime.co.in/

Muthoot Finance Limited Financial Information (Consolidated)

Amount in Rs. Crore
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	54881.69	9707.27	3168.68	11829.21
31-Mar-21	68641.44	11566.42	3818.87	15575.02
31-Mar-22	76316.47	12237.46	4031.32	18785.72

Issuer	MUTHOOT FINANCE LIMITED
Instrument	Secured Redeemable Non-Convertible Debentures (NCDs)
Issue Opens on	21-Sep-23
Issue Closes on	6-Oct-23
Issue Size	100 CRORES (“BASE ISSUE SIZE”) WITH AN OPTION TO RETAIN OVERSUBSCRIPTION UP TO Rs 600 CRORES
Issue Price / Face Value	Rs.1,000/- per NCD
Minimum Application	Rs.10,000/- (10 NCD) and in multiples of Rs.1,000/- (1 NCD) thereafter.
Credit Rating	ICRA] AA+/Stable (ICRA Double A plus rating with stable outlook) by ICRA Limited
Registrar	Link Intime India Private Limited
Listing	The NCDs are proposed to be listed on BSE and NSE
Category	I - Institutional	II - Non-Institutional	III - HNI	IV - Retail
Category Allocation	5%	20%	25%	50%
Put/Call Option	N.A.
Mode of Allotment	Compulsorily in dematerialized form.
Allotment	First Come First Serve Basis
Depositories	NSDL and CDSL

Specific Terms for Each Series of NCDs
Series	I	II	III	IV	V	VI	VII
Frequency of Interest Payment	Monthly	Monthly	Annually	Annually	Annually	NA	NA
Tenor	36 Months	60 Months	24 Months	36 Months	60 Months	36 Months	60 Months
Coupon (% p.a.)Category I	7.75%	7.75%	7.75%	8.00%	8.00%	NA	NA
Coupon (% p.a.) Category II,III & IV	8.75%	8.75%	8.75%	9.00%	9.00%	NA	NA
Effective Yield (% p.a.)Category I	7.75%	7.75%	7.75%	8.00%	8.00%	8.00%	8.00%
Effective Yield (% p.a.)Category II,III & IV	8.75%	8.75%	8.75%	9.00%	9.00%	9.00%	9.00%
Amount (₹/NCD) Maturity for Category I & II	Rs.1,000	Rs.1,000	Rs. 1000	Rs. 1,000	Rs. 1,000	Rs 1,259.71	Rs 1,469.33
Amount (₹/NCD) Maturity for Category II,III & IV	Rs.1,000	Rs.1,000	Rs. 1000	Rs. 1,000	Rs. 1,000	Rs 1,295.03	Rs 1,538.62

Prospectus File

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