Personal Finance Blog India –

Muthoot Finance NCD Issue September2013:

Muthoot finance – one of the leading Gold loan company which offers loan on Gold jewelry.Muthoot Finance have planned to raise Rs.150 Crore through this issue with an option to retain over subscription of the same amount.

Imp Dates:

  1. Issue Open Date:02/09/2013.
  2. Issue Close Date:16/09/2013.

Muthoot finance NCD Interest Rates / Other Details:

Muthoot finance NCD Sept-2013

so issue offers different options like monthly interest,annual interest as well cumulative interest option.With last option (XI) investor will get amount doubled within 6 years.


One can view that series I to X are secured and Series XI is of unsecured nature.Secured NCDs means investors would have first pari-passu charge on the identified immovable property as well on the assets of the company ,loans ,advances and other receivables.In case of Un-secured NCDs, investors will have sub-ordinated / lower rights.

Credit Rating:

ICRA AA- and CRISIL AA-.It indicates higher safety with lower rank.

Profits Reported by company:

Year ended Profit Reported In Crores
March 2008 63.07  crores
March 2009 97.87   “
March 2010 228.51  “
March 2011 494.18  “
March 2012 892.02  “
March 2013 1004.93  “

Performance of Gold loan companies mostly depends on the gold prices and other economic overall invest if you understand the risks involved for any Gold loan company and if  you expects same performance in future as well.

Category: Fixed Income


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