Muthoottu Mini Financiers Limited

Issue Size (Net)

upto Rs. 100 Crore

Credit Ratings

CARE A-Stable by CARE Ratings Limited.

Issue Opening Date

October 30, 2024

Issue Closing Date

November 13, 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
Frequency of Interest Payment	Monthly	Monthly	Cumulative	Monthly	Cumulative	Monthly	Cumulative
Tenor	450 Days	26 Months	26 Months	36 Months	36 Months	48 Months	66 Months
Coupon (% per annum) for Category I,II, III & IV	8.50%	9.00%	NA	9.50%	NA	10.00%	NA
Effective Yield (per annum) for in Category I, II, III & IV	8.84%	9.38%	9.40%	9.92%	9.75%	10.47%	10.50%
Amount (Rs / NCD) on Maturity for NCD Holders in Category I,II, III & IV Maturity for NCD Holders in	Rs.1,000	Rs.1,000	Rs.1,215	Rs.1,000	Rs.1,322	Rs.1,000	Rs.1,732

1.Company Information

Muthoottu Mini Financiers Limited is a non-deposit taking NBFC-ML in the gold loan sector lending money against pledge of household gold ornaments (gold loans) in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Haryana, Maharashtra, Gujarat, Delhi, Uttar Pradesh and Goa and in the Union Territory of Puducherry.

The company also has a microfinance segment where it provides unsecured loans to a group of women with joint liability (minimum 5 persons) who need funds for their business activities.

As of September 30, 2024, the Company had a network of 920 branches 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 and employed 4,672 people.

2. Ratings

CARE A-Stable by CARE Ratings Limited.

3.Muthoottu Mini Financiers NCD October 2024 Registrar

Link Intime India Private Ltd

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

Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270

Email: muthoottumini.ncd2024@linkintime.co.in

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-Mar-24	4,315.57	671.84	77.83	685.78
31-Mar-23	3,858.12	544.44	67.28	607.02
31-Mar-22	3,230.80	430.25	46.29	540.08
Amount in Rs. Cr

Issuer	Muthoottu Mini Financiers Limited NCD
Instrument	Secured Redeemable Non-Convertible Debentures (NCDs)
Issue Opens on	October 30, 2024
Issue Closes on	13-Nov-24
Issue Size	Rs. 100 Crore with an option to retain oversubscription up to Rs. 50 Crore aggregating upto to Rs.150 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	CARE A-Stable by CARE Ratings Limited.
Registrar	Link Intime India Private Ltd
Listing	The NCDs are proposed to be listed on BSE
Category	I - Institutional	II - Non-Institutional	III -HNI
Category Allocation	10%	40%	50%
Put/Call Option	NA
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
Frequency of Interest Payment	Monthly	Monthly	Cumulative	Monthly	Cumulative	Monthly	Cumulative
Tenor	450 Days	26 Months	26 Months	36 Months	36 Months	48 Months	66 Months
Coupon (% per annum) for Category I,II, III & IV	8.50%	9.00%	NA	9.50%	NA	10.00%	NA
Effective Yield (per annum) for in Category I, II, III & IV	8.84%	9.38%	9.40%	9.92%	9.75%	10.47%	10.50%
Amount (₹ / NCD) on Maturity for NCD Holders in Category I,II, III & IV Maturity for NCD Holders in	Rs.1,000	Rs.1,000	Rs.1,215	Rs.1,000	Rs.1,322	Rs.1,000	Rs.1,732

Prospectus File

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