Muthoot Fincorp Limited NCD

MUTHOOT FINCORP LIMITED

Issue Size (Net)

upto to Rs.350 Crore

Credit Ratings

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

Issue Opening Date

August 28, 2024

Issue Closing Date

September 10,2024

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	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 is non-deposit accepting NBFC registered with the RBI bearing registration no. 16.00170 dated July 23, 2002 under Section 45 IA of the RBI Act. Muthoot Fincorp Limited was incorporated on June 10, 1997, as Muthoot Debt Management Services Limited as a public limited company under the provisions of the Companies Act, 1956. The Company received a certificate for commencement of business on June 10, 1997. Subsequently, the name of the Company was changed to Muthoot Fincorp Limited, and a fresh certificate of incorporation dated March 19, 2002 was issued to the Company by the Roc. The Company is one of the prominent gold loan players in the Indian market. The personal and business loans secured by gold jewelry and ornaments (“Gold loans”) offered by the Company are structured to serve the business and personal purposes of individuals who do not have ready or timely access to formal credit or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements. They have been engaged in the Gold loans business for over two decades and are headquartered in Kerala, India. The Company provides retail loan products, primarily comprising of Gold loans. The Gold loan products include Muthoot Blue Super Value Loan, Swarna Sureksha Super Value, Easy Blue, Easy Max, Easy Pro, Restart India Pradhan, Easy Scale up and 24x7 Express Gold loan The product of the Company, the “24x7 Express Gold loan” can be utilised by individuals who require quick loans against their gold jewellery and who have an existing loan with the Company. This is a type of top up loan.

2. Ratings

The Company has received rating of “CRISIL AA-/Stable” (pronounced as CRISIL double A minus rating with a Stable outlook) given by CRISIL Ratings Limited

3.Muthoot Fincorp NCD Aug Tranche I 2024 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

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

Period Ended	Assets	Revenue	Profit After Tax	Net Worth
31-Mar-21	26284.54	4101.19	397.28	3034.70
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	Wednesday, August 28, 2024
Issue Closes on	Tuesday, September 10,2024
Issue Size	Rs. 10,000 Lakhs ("Base Issue Size") with a green shoes option of Rs. 25,000 Lakhs aggregating up to Rs. 35,000 Lakhs
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	IV - Retail Individual Investor
Category Allocation	5%	35%	60%	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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