Muthoot Fincorp Limited Fincorp Tranche III NCD

Muthoot Fincorp Limited-Tranche III

Issue Size (Net)

up to Rs. 300 Cr

Credit Ratings

CRISIL AA-/Stable” by CRISIL

Issue Opening Date

December 23, 2024

Issue Closing Date

January 06, 2025

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	24 Months	36 Months	60 Months	72 Months	24 Months	36 Months	60 Months	72 Months	24 Months	36 Months	60 Months	72 Months	92 Months
Coupon (% perannum) for Category I,II, III & IV	9.00%	9.25%	9.45%	9.65%	9.40%	9.65%	9.90%	10.10%	NA	NA	NA	NA	NA
Effective Yield (per annum) for in Category I, II, III & IV	9.38%	9.65%	9.87%	10.09%	9.40%	9.65%	9.89%	10.10%	9.40%	9.65%	9.90%	10.10%	9.50%
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.1196.84	Rs.1318.34	Rs.1603.62	Rs.1781.72	Rs.2006
Put/Call Option	NA

1.Company Information

Muthoot Fincorp Limited-Tranche III is a non-deposit-taking NBFC that was founded in 1997. The company's main products are corporate and personal loans backed by jewellery and gold ornaments. The gold loan product is offered to satisfy people's short-term cash needs for both personal and business use.As of March 31, 2024, and June 30, 2024, the company's gold loan portfolio consisted of approximately 30.46 lakh and 31.83 lakh loan accounts, respectively. As of June 30, 2024, the company employed 23,000 individuals, including 97 contracted experts, and operated 3,694 branches in 24 states, including the National Capital Territory of Delhi and the Union Territory of Andaman and Nicobar Islands. The company offers the following gold loan products, among others:

Muthoot Blue Guide Gold Loans
Muthoot Blue Bright Gold Loan
Muthoot Blue Power Gold Loan
Muthoot Blue Bigg Gold Loan
Muthoot Blue Smart Gold Loan 24x7 Express Gold Loan

As a sub-agent of several registered money transfer agencies, the organisation provides foreign exchange and money transfer services in addition to gold loans. Additionally, Muthoot Fincorp works in the following industries: Wind farms in Tamil Nadu are used for the production and sale of wind energy, and the company's own lands are developed through joint ventures.

2. Ratings

CRISIL AA-/Stable” by CRISIL

3.Muthoot Fincorp-Tranche III 2024 Registrar

Integrated Registry Management Services Private Limited

2nd Floor, Kences Towers,

No.1 Ramakrishna street, North Usman Road,TNagar,

Chennai - 600017

Phone:044 - 28140801 to 28140803

Email:yuvraj@integratedindia.in

Website: https://www.integratedregistry.in

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

Period Ended	Assets	Revenue	Profit After Tax	Net Worth
31-Mar-24	38704.14	6584.52	1047.98	4071.02
31-Mar-23	32134.61	5151.33	646.42	3481.27
31-Mar-22	28422.47	4355.13	412.55	2958.70
Amount in Rs. Crore

Issuer	Muthoot Fincorp Limited Fincorp Tranche III
Instrument	Secured Redeemable Non-Convertible Debentures (NCDs)
Issue Opens on	Monday, December 23, 2024
Issue Closes on	Monday, January 06, 2025
Issue Size	Rs. 100 Cr ("Base Issue Size") with a green shoes option of Rs. 200 Cr aggregating up to Rs. 300 Cr
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
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	IV - Retail Individual Investor
Category Allocation	5%	10%	35%	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	VIII	IX	X	XI	XII	XIII
Frequency of Interest Payment	Monthly	Monthly	Monthly	Monthly	Annual	Annual	Annual	Annual	Cumulative	Cumulative	Cumulative	Cumulative	Cumulative
Tenor	24 Months	36 Months	60 Months	72 Months	24 Months	36 Months	60 Months	72 Months	24 Months	36 Months	60 Months	72 Months	92 Months
Coupon (% perannum) for Category I,II, III & IV	9.00%	9.25%	9.45%	9.65%	9.40%	9.65%	9.90%	10.10%	NA	NA	NA	NA	NA
Effective Yield (per annum) for in Category I, II, III & IV	9.38%	9.65%	9.87%	10.09%	9.40%	9.65%	9.89%	10.10%	9.40%	9.65%	9.90%	10.10%	9.50%
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.1196.84	Rs.1318.34	Rs.1603.62	Rs.1781.72	Rs.2006
Put/Call Option	NA

Prospectus File

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