Muthoot Finance is planning to raise Rs 500 crore through issuance of secured redeemable non-convertible debentures (NCDs). Through this NCDs issues, the company plans to raise an initial amount of Rs 250 crore, with a green shoe option to retain 100% over subscription and thus raising the total size of the issue to Rs 500 crore. The company is looking for tenures in the range of 400 days to 5 years. The coupon rate will be in the range of 8.75% to 9.50%.
The funds raised through this issue will be used for company’s various financing activities including lending and investments as well as to repay the company’s existing loans and business operations consists of capital expenditure and working capital requirements.
Muthoot Finance is the largest gold financing company in India in terms of loan portfolio. The company is a Systemically Important Non-deposit taking NBFC headquartered in the southern Indian state of Kerala and with its corporate office in New Delhi.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 939.90 |
| Shriram Finance | 943.85 |
| Aditya Birla Capital | 346.75 |
| Chola Invest & Fin. | 1571.95 |
| Tata Capital | 333.50 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: