Muthoottu Mini Financiers LIMITED NCD

Muthoottu Mini Financiers Limited NCD

Issue Size (Net)

upto Rs.200 Crore

Credit Ratings

ICRA A [Stable] by IRCA Limited.

Issue Opening Date

APRIL 23, 2025

Issue Closing Date

May 7, 2025

ROI Chart Term Sheet Company Highlights Financials Highlights Prospectus

Specific Terms for Each Series of NCDs
Series	I	II	III	IV	V	VI
Frequency of Interest Payment	Cumulative	Monthly	Monthly	Monthly	Monthly	Annually
Tenor	18 Months	24 Months	36 Months	48 Months	60 Months	60 Months
Coupon (% per Annum)	NA	9.50%	10.00%	10.25%	10.50%	10.75%
Effective Yield (per annum)	9.26%	9.92%	10.47%	10.75%	11.02%	10.75%
Amount on Maturity (In Rs.)	Rs 1,142	Rs.1000	Rs.1000	Rs.1000	Rs.1000	Rs.1000
Put and Call Option	Not Applicable

1.Company Information

"Muthoottu Mini Financiers Limited (MMFL/ Company), located in the southern Indian state of Kerala, is registered with RBI as a non-deposit taking, systematically important NBFC in the gold loan sector, lending money against the pledge of household gold jewellery (“Gold Loans”) in the state of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Haryana, Maharashtra, Gujarat, Delhi, Uttar Pradesh and Goa and the union territory of Puducherry. We also have microfinance loan segment wherein we provide unsecured loans to joint liability group of women customers (minimum of 5 persons) who require funds to carry out their business activities through some of our branches in the state of Kerala.Mathew Muthoottu and Nizzy Mathew are the Promoters of the Company. Mathew Muthoottu is the Managing Director of the Company and Nizzy Mathew is the Chairman and Whole time Director of the Company. The Company belongs to the Muthoottu Mini group. Muthoottu Mini group belongs to the Muthoottu family of Kozhencherry, Kerala which was founded by Ninan Mathai Muthoottu, who started the family business enterprise in 1887.As on December 31, 2024, we have a network of 921 branches spread in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Haryana, Maharashtra, Gujarat, Delhi, Uttar Pradesh and Goa and the union territory of Puducherry.

2. Rating:

ICRA A [Stable] by IRCA Limited.

3.Muthoottu Mini Financiers NCD April 2025 Registrar

Link Intime India Private Ltd

C 101, 247 Park, L.B.S.Marg,

Vikhroli (West), Mumbai - 400083

Phone:+91-22-4918 6270

Email:

Website: https://linkintime.co.in/initial_offer/public-issues.html

Muthoottu Mini Financiers Limited Financial Information (Restated)

Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Dec-24	4,647.02	203.57	74.66	752.65
31-Mar-24	4,315.58	671.84	77.83	685.78
31-Mar-23	3,858.13	430.25	67.28	607.02
31-Mar-22	3,230.80	430.25	46.29	540.08
Amount in Rs. Crore

Issuer	Muthoottu Mini Financiers Limited
Instrument	Secured, Redeemable, Non-Convertible Debentures (Secured NCDs))
Issue Opens on	April 23, 2025
Issue Closes on	May 7, 2025
Issue Size	Rs 200.00 Crores
Issue Price / Face Value	Rs.1,000/- per NCD
Minimum Application	10 NCD
Credit Rating	ICRA A [Stable] by IRCA Limited.
Registrar	Link Intime India Private Ltd
Listing	BSE
Market Lot	1 NCD
Category	I - Institutional	II - Non-Institutional	IV-Retail
Category Allocation	20%	40%	40%
Put/Call Option	NA
Mode of Allotment	Compulsorily in dematerialized form.
Allotment	First Come First Serve Basis

Specific Terms for Each Series of NCDs
Series	I	II	III	IV	V	VI
Frequency of Interest Payment	Cumulative	Monthly	Monthly	Monthly	Monthly	Annually
Tenor	18 Months	24 Months	36 Months	48 Months	60 Months	60 Months
Coupon (% per Annum)	NA	9.50%	10.00%	10.25%	10.50%	10.75%
Effective Yield (per annum)	9.26%	9.92%	10.47%	10.75%	11.02%	10.75%
Amount on Maturity (In Rs.)	Rs 1,142	Rs.1000	Rs.1000	Rs.1000	Rs.1000	Rs.1000
Put and Call Option	Not Applicable

Prospectus File

Download