Muthoot Fincorp Limited NCD

MUTHOOT FINCORP LIMITED

Issue Size (Net)

upto to Rs.225 Crore

Credit Ratings

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

Issue Opening Date

October 13, 2023

Issue Closing Date

October 27, 2023

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
Frequency of Interest Payment	Monthly	Monthly	Monthly	Annual	Annual	Annual	Cumulative	Cumulative	Cumulative	Cumulative
Tenor	24 Months	36 Months	60 Months	24 Months	36 Months	60 Months	24 Months	36 Months	60 Months	96 Months
Coupon (% perannum) for Category I,II, III & IV	8.65%	8.90%	9.05%	9.00%	9.27%	9.44%	NA	NA	NA	NA
Effective Yield (per annum) for in Category I, II, III & IV	8.99%	9.26%	9.42%	8.99%	9.26%	9.43%	8.99%	9.26%	9.43%	9.05%
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.1188	Rs. 1305	Rs.1570	Rs.2001
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 Sep Tranche I 2023 Registrar

Integrated Registry Management Services Private Limited

2 nd Floor,Ramakrishna Street, North Usman Road,

T. Nagar, Chennai - 600 017

Phone:+ 91 44 2814 0801 to 803

Email:mfinipo@integratedindia.in

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

Muthoot Fincorp NCD Sep Tranche I 2023 Financial Information (Restated Consolidated)

Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Mar-21	26284.54	4101.19	397.28	3034.7
31-Mar-22	28422.34	4355.13	412.55	3731.16
31-Mar-23	32134.61	5151.33	646.42	4257.18
Amount in Rs. Crore

Issuer	MUTHOOT FINCORP LIMITED
Instrument	Secured Redeemable Non-Convertible Debentures (NCDs)
Issue Opens on	October 13, 2023
Issue Closes on	October 27, 2023
Issue Size	Rs. 75 Crore with an option to retain oversubscription up to Rs. 150 Crore aggregating upto to Rs.225 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 -HNI
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
Frequency of Interest Payment	Monthly	Monthly	Monthly	Annual	Annual	Annual	Cumulative	Cumulative	Cumulative	Cumulative
Tenor	24 Months	36 Months	60 Months	24 Months	36 Months	60 Months	24 Months	36 Months	60 Months	96 Months
Coupon (% perannum) for Category I,II, III & IV	8.65%	8.90%	9.05%	9.00%	9.27%	9.44%	NA	NA	NA	NA
Effective Yield (per annum) for in Category I, II, III & IV	8.99%	9.26%	9.42%	8.99%	9.26%	9.43%	8.99%	9.26%	9.43%	9.05%
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.1188	Rs. 1305	Rs.1570	Rs.2001
Put/Call Option	NA

Prospectus File

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