Muthoot Fincorp Limited NCD

MUTHOOT FINCORP LIMITED

Issue Size (Net)

upto to Rs.360 Crore

Credit Ratings

“CRISIL AA-/ Stable by CRISIL Ratings Limited (“CRISIL”)

Issue Opening Date

April 10, 2024

Issue Closing Date

April 25, 2024

ROI Chart Term Sheet Company Highlights Financials Highlights Prospectus

Specific Terms for Each Series of NCDs
Series	I	II	III	IV	V	VI	VII	VIII	IX	X	XI	XII	XIII
Frequency of Interest Payment	Monthly	Monthly	Monthly	Monthly	Annual	Annual	Annual	Annual	Cumulative	Cumulative	Cumulative	Cumulative	Cumulative
Tenor	26 Months	38 Months	60 Months	72 Months	26 Months	38 Months	60 Months	72 Months	26 Months	38 Months	60 Months	72 Months	94 Months
Coupon (% perannum) for Category I,II, III & IV	8.90%	9.15%	9.35%	9.55%	9.25%	9.50%	9.75%	10.00%	NA	NA	NA	NA	NA
Effective Yield (per annum) for in Category I, II, III & IV	9.26%	9.54%	9.75%	9.97%	9.27%	9.52%	9.74%	10.00%	9.27%	9.52%	9.74%	10.00%	9.25%
Amount (₹ / NCD) on Maturity for NCD Holders in Category I,II, III & IV Maturity for NCD Holders in	Rs. 1000	Rs.1000	Rs.1000	Rs. 1000	Rs. 1000	Rs.1000	Rs. 1000	Rs.1000	Rs.1212	Rs. 1334	Rs.1592	Rs.1772	Rs.2000
Put/Call Option	NA

1.Company Information

Incorporated in 1997, Muthoot Fincorp Limited is a non-deposit-taking NBFC. The company is primarily engaged in the business of offering personal and business loans which are secured by gold ornaments and jewellery. The gold loan product is available for personal and business purposes to meet the short-term liquidity requirements of individuals.

The Gold loan portfolio of the company as of June 30, 2023, comprised approximately 31 lakhs of loan accounts. As of June 30, 2023, the company operated out of 3,619 branches located across 24 states, including the union territory of Andaman and Nicobar Islands and the national capital territory of Delhi, and employed 19,008 employees including 110 contracted experts in its operations.Some of the Gold Loan products offered by the company are:Muthoot Blue Guide Gold loan

1.Muthoot Blue Bright Gold loan

2.Muthoot Blue Power Gold loan

3.Muthoot Blue Bigg Gold loan

4.Muthoot Blue Smart Gold loan

5.24x7 Express Gold loan

2. Ratings

The company has received rating of CRISIL AA-/Stable by CRISIL Ratings Limited.

3.Muthoot Fincorp NCD Registrar

Integrated Registry Management Services Private Limited

2nd Floor,Ramakrishna Street, North Usman Road,

T.Nagar, Chennai - 600017

Phone:+ 91 44 2814 0801 to 803

Email:mfinipo@integratedindia.in

Website:https://www.integratedindia.in/corporate-container.aspx?cpi

Key Operational and Financial Parameters (Consolidated)

Period Ended	Net Worth	Total Comprehensive Income	Interest Income	Profit After Tax
31-Mar-23	425718.36	68219.18	482757.07	64642.33
31-Mar-22	373116.06	44583.81	407859.45	55686.22
31-Mar-21	303470.04	37960.78	377880.19	39728.12
Amount in Rs. Crore

Issuer	MUTHOOT FINCORP LIMITED
Instrument	Secured Redeemable Non-Convertible Debentures (NCDs)
Issue Opens on	April 10, 2024
Issue Closes on	April 25, 2024
Issue Size	Rs.100 Crore with an option to retain oversubscription up to Rs. 260 Crore aggregating upto to Rs.360 Crore
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	“CRISIL AA-/ Stable by CRISIL Ratings Limited (“CRISIL”)
Registrar	Integrated Registry Management Services Private Limited
Listing	The NCDs are proposed to be listed on BSE.
Category	I - Institutional	II - Non-Institutional	III -Retail Individual Investors Portion
Category Allocation	5%	35%	60%
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	VIII	IX	X	XI	XII	XIII
Frequency of Interest Payment	Monthly	Monthly	Monthly	Monthly	Annual	Annual	Annual	Annual	Cumulative	Cumulative	Cumulative	Cumulative	Cumulative
Tenor	26 Months	38 Months	60 Months	72 Months	26 Months	38 Months	60 Months	72 Months	26 Months	38 Months	60 Months	72 Months	94 Months
Coupon (% perannum) for Category I,II, III & IV	8.90%	9.15%	9.35%	9.55%	9.25%	9.50%	9.75%	10.00%	NA	NA	NA	NA	NA
Effective Yield (per annum) for in Category I, II, III & IV	9.26%	9.54%	9.75%	9.97%	9.27%	9.52%	9.74%	10.00%	9.27%	9.52%	9.74%	10.00%	9.25%
Amount (₹ / NCD) on Maturity for NCD Holders in Category I,II, III & IV Maturity for NCD Holders in	Rs. 1000	Rs.1000	Rs.1000	Rs. 1000	Rs. 1000	Rs.1000	Rs. 1000	Rs.1000	Rs.1212	Rs. 1334	Rs.1592	Rs.1772	Rs.2000
Put/Call Option	NA

Prospectus File

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