Muthoot Fincorp Limited March NCD 2026

Muthoot Fincorp NCD issue opens on March 13, 2026 and closes on March 23, 2026. It is a Secured, Redeemable, Non-Convertible Debenture (Secured NCD). The issue has a base size of Rs 200 crore, with an option to retain oversubscription up to Rs 400 crore. The NCD issue price is Rs 1,000 per NCD, and the face value is Rs 1,000 each. The minimum lot size is 10 NCDs.

Muthoot Fincorp NCD allotment is on a first-come, first-served basis. The NCDs will be listed on BSE, and the tenors include 24, 36, 60 and 72 months with 12 series. The lead manager to the issue is Nuvama Wealth Management Ltd, and the registrar is Integrated Registry Management Services Pvt Ltd.

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Muthoot Fincorp NCD 2026: Important Details

Muthoot Fincorp Limited: About the Company

Muthoot Fincorp Ltd stands as a key non-banking financial company in India, rooted in the Muthoot Pappachan Group's legacy that traces back to 1887. Registered with the Reserve Bank of India, it focuses on delivering accessible loans backed by gold, alongside options like small business loans, vehicle financing, and housing support, catering mainly to individuals in semi-urban and rural areas who often face hurdles with traditional banks. With over 3,600 branches spread across cities, towns, and villages, the company handles more than 75,000 customer visits daily, building trust through quick approvals and tailored solutions honed over decades of operation from its headquarters in Trivandrum, Kerala.

This network reflects Muthoot Fincorp Ltd's commitment to financial inclusion, extending services such as money transfers, foreign exchange, mutual funds, demat accounts, MSME loans, and even affordable jewellery. The company's growth stems from its early days in retail trading, evolving into a broad financial services provider while employing over 23,000 people nationwide. Customers value the straightforward approach, where gold loans dominate but diverse products ensure flexibility for everyday needs like auto loans or wealth management, all designed with rural realities in mind.

Muthoot Fincorp NCD: Objectives

Power Finance Corporation Limited intends to utilise the net proceeds from the issue for the purpose of onward lending and financing, as well as for repayment and/or prepayment of interest and principal of existing borrowings of the Company, along with general corporate purposes.

Muthoot Fincorp Limited: Financial Performance (Amt in Rs Crore)

Muthoot Fincorp NCD Coupon Rates 2026

Muthoot Fincorp NCD 2026 Rating

Muthoot Fincorp NCD has received a rating of CRISIL AA-/Positive by CRISIL Ratings Limited and AA/Stable by Brickwork Ratings India Private Limited. 

How do I apply for Muthoot Fincorp Limited NCD 2026?

You can click here to apply for the Muthoot Fincorp NCD.

FAQs

1.      What is NCD?

A Non-Convertible Debenture is a fixed-income financial instrument that cannot be converted into equity shares and pays a fixed rate of interest to investors over a specific period. To read more about NCDs click here.

2.      When will the Muthoot Fincorp Limited NCD be open for subscription?

Muthoot Fincorp Limited NCD issue opens on March 13, 2026, and closes on March 23, 2026.

3.      What is the issue size and price of the NCD?

The overall subscription issue has a base size of Rs 200 crore, with an option to retain oversubscription up to Rs 400 crore. Muthoot Fincorp NCD issue price is Rs 1000 per NCD, and the face value is Rs 1000 for each NCD. The minimum lot size is 10 NCD.

4.      How can I apply for the Muthoot Fincorp Limited NCD?

You can click here to apply for the Muthoot Fincorp NCD. 

5.      Who is appointed as a registrar of Muthoot Fincorp Limited NCD?

Integrated Registry Management Services Pvt Ltd is appointed as the registrar for Muthoot Fincorp NCD.

6.      Lead manager for the Muthoot Fincorp Limited NCD?

Muthoot Fincorp Limited NCD lead manager(s) is Nuvama Wealth Management Ltd.

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