MUTHOOT FINCORP Limited NCD

Non-banking financial company(NBFC)| Rs. 10,000 Min Investment

Issue Opening Date
Friday, April 24, 2026
Issue Closing Date
Friday, May 08, 2026
Credit Ratings
“Crisil AA-/Positive” and “BWR AA/Stable”
Issue Size (Net)
Rs. 600 crores
MUTHOOT FINCORP Limited NCD ClosedOpen
Non-banking financial company(NBFC)

Rs. 10,000

Min. investment

1. Company Information

Muthoot Fincorp Limited is an India-based non-banking financial company (NBFC) incorporated on June 10, 1997, in Trivandrum (Kerala) under the name Muthoot Debt Management Services Limited. The company was later renamed Muthoot Fincorp Limited in 2002. It is registered with the Reserve Bank of India (RBI) as an NBFC and operates as part of the Muthoot Pappachan Group. The company primarily provides gold loans to individuals and also offers other financial services such as business loans, housing finance, money transfer, insurance distribution, and microfinance. With a wide branch network across India, Muthoot Fincorp focuses on providing quick and accessible financial solutions to underserved and semi-urban customers.

Company Strengths

1. Strong Brand Reputation – Part of the well-known Muthoot Pappachan Group with a long history in financial services.

2. Wide Branch Network – Large presence across India, especially in rural and semi-urban areas.

3. Expertise in Gold Loans – Strong experience in providing quick and secure gold loan services.

4. Diversified Financial Services – Offers products like business loans, housing finance, insurance, and money transfer services.

5. Experienced Management and Customer Trust – Skilled leadership and strong customer relationships help maintain steady business growth.

2. Rating:

Crisil AA-/Positive” by Crisil and BWR AA/Stable” by Brickwork

3. Nuvama Wealth Management Limited

https://www.nuvamawealth.com/

801-804, Wing A, Building No 3,
Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051
+91 22 4009 4400
mfl.ncd@nuvama.com

MUTHOOT FINCORP Limited Details

Type of Issue: Secured Redeemable Non-Convertible Debentures
Issue Opening Date: Friday, April 24, 2026
Issue Closing Date: Friday, May 08, 2026*
Base Issue Size: Rs. 200crores
Green Shoe Option: Rs. 400crores
Tranche III Issue Size: Rs. 600 crores
Credit Rating: "Crisil AA-/Positive” by Crisil and BWR AA/Stable” by Brickwork
Coupon Type: Fixed
Issue Price: ₹ 1,000 (1 NCD)
Minimum Application: ₹ 10,000 (10 NCDs)
Allotment: First Come First Serve Basis*
Mode of Interest Payment/ Redemption: Through various options available

Specific Terms for Each Series of NCDs

Series I II III IV V** VI VII VIII XI X XI XII
Nature Secured Secured Secured Secured Secured Secured Secured Secured Secured Secured Secured Secured
Tenure 24 months 36 months 60 months 72 months 24 months 36 months 60 months 72 months 24 months 36 months 60 months 72 months
Frequency of Interest Payment Monthly Monthly Monthly Monthly Annual Annual Annual Annual Cumulative Cumulative Cumulative Cumulative
Minimum Application ₹ 10,000 (10 NCDs)
Face Value/ Issue Price of NCDs (Rs./ NCD) ₹ 1,000 (1 NCD)
In Multiples of thereafter (Rs.) 1 NCD after minimum application
Issue Price (₹ /NCD) ₹ 1,000 (1 NCD)
Mode of Interest Payment/ Redemption Through various options available
Coupon (%) (per annum) for Debenture Holders in Category I, II, III and IV 8.51% 8.65% 8.79% 8.88% 8.85% 9.00% 9.15% 9.25% NA NA NA NA
Coupon Type Fixed
Redemption Amount (₹ /NC) for Debenture Holders in Category I, II, III and IV*** Rs. 1,000 Rs. 1,000 Rs. 1,000 Rs. 1,000 Rs. 1,000 Rs. 1,000 Rs. 1,000 Rs. 1,000 Rs. 1,185.11 Rs. 1,295.34 Rs. 1,549.61 Rs. 1,701.14
Effective Yield (%) (per annum) for Debenture Holders in Category I, II, III and IV 8.84% 9.00% 9.15% 9.24% 8.84% 8.99% 9.14% 9.24% 8.85% 9.00% 9.15% 9.25%
Put and Call Option N.A.
Nature of indebtedness Secured

MUTHOOT FINCORP Limited Company Financials

Particulars
31-Mar-25
31-Mar-24
31-Mar-23
Assets
45456.09
38703.57
32134.61
Total Income
8511.44
6554.31
5151.33
Profit After Tax
607.99
1047.98
646.42
NET Worth
6362.75
5811.02
4257.18
Amount in ₹ Crore

Prospectus Document

Official Red Herring Prospectus (RHP)

For detailed company and issue information

Disclaimer: This report has been prepared by RR Equity Brokers Private Ltd. The information in this report is collected from various public sources. RR Equity Brokers is not responsible for any loss or damage that may result from using this information or from investment risks.

SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: NSE Currency: INE231219636 | SEBI Registration No: USE: INE271219631 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650 | RBI Registration No: NBFC: N-14.03215 | IRDA Registration Number : CB-066/03 | AMFI Registration No : ARN -0032| SEBI Registration No: Merchant Banker: INM000007508

* Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.