Muthoottu Mini Financiers Ltd NCD (Muthoottu Mini NCD June 2020) Detail


Muthoottu Mini Financiers Ltd NCD (Muthoottu Mini NCD June 2020) Detail

Muthoottu Mini Financiers Ltd

Muthoottu Mini Financiers Ltd  is a trusted Non-Banking Financial Company (NBFC) .Muthoottu Mini Financiers Ltd  is incorporated in 1998,a KERALA based company.

Muthoottu Mini Financiers Ltd company is engaged in the gold loan sector lending money against gold jewelry (“Gold Loans”). It operates in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Haryana, Maharashtra, Delhi and Goa and the union territory of Puducherry.

Muthoottu Mini Financiers Ltd has recently started microfinance lending wherein it provides unsecured loans to joint liability group of women customers (minimum of 5 persons) who need funds to carry out their business. In addition to loans, it also offers depository participant services, money transfer services, insurance, and travel services.

The Gold Loan portfolio of the company as on Sep 30, 2019, March 31, 2019, March 31, 2018, and March 31, 2017 were ₹1,62,169.07 lakhs, ₹1,35,012.97 lakhs, ₹1,55,432.83 lakhs, ₹1,94,000.29 lakhs and ₹1,90,555.97 lakhs, respectively. The yield on Gold Loan assets was 119.17%, 18.18% and 22.20%, for March 31, 2019, March 31, 2018 and March 31, 2017, respectively.

Muthoottu Mini Financiers Ltd has 767 branches and employs 3,141 persons in its business operations.

DIRECTORS OF Muthoottu Mini Financiers Ltd:

(1) Mrs. Nizzy Mathew

Chairman & Whole-time Director


(2)Mr. Mathew Muthoottu

Managing Director

Details of Muthoottu Mini NCD June 2020:

Issue Open Jun 3, 2020 – Jun 26, 2020
Security Name Muthoottu Mini Financiers Ltd
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base) Rs 100.00 Crores
Issue Size (Shelf) Rs 200.00 Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 1 NCD
Listing At BSE
Credit Rating CARE BBB- /Stable
Tenor 24/ 36/ 50/ 60/ 85 months/ 480 days
Series Series I to Series VII
Payment Frequency Monthly and Cumulative
Basis of Allotment First Come First Serve Basis


Objects of the Muthoottu Mini Financiers Ltd NCD:

The company proposes to utilise the funds for the following objects:

1. Onward lending;
2. Repayment of interest and principal of existing loans; and
3. General corporate purposes.

Company Contact Information

Muthoottu Mini Financiers Ltd
2/994, Muthoottu Buildings,
Kozhencherry, Pathanamthitta – 689 641,
Kerala, IndiaPhone: +91 468 231 4391

Muthoottu Mini NCD June 2020 Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270

Muthoottu Mini NCD June 2020 Lead Manager(s):

Vivro Financial Services Private Limited
1st Floor, Manu Mansion
16/18, Shahid Bhagatsingh Road
Opp. Old Custom House, Fort, Mumbai – 400 023

Phone: 022-2265 7364
Fax: 022-2265 8406



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