Muthoot Mercantile Ltd. NCD Issue
Public Issue | ₹75.00 Cr | Listed on BSE
Closed
Muthoot Mercantile Ltd.
Rating: BBB
NCD Open
Thu, Dec 04, 2025
NCD Close
Wed, Dec 17, 2025
Interest Rate
10.75%
NCD Details
| NCD Date | Dec 04, 2025 to Dec 17, 2025 |
| Basis of Allotment | First Come First Serve Basis |
| Face Value | ₹1,000.00 |
| Issue Size (Base) | ₹75.00 Cr |
| Total Issue Size | ₹75.00 Cr |
| Minimum Investment | ₹10,000.00 |
| Interest Rate | 10.75% |
| Security Type | Secured |
| Issue Type | Public Issue |
| Credit Rating | BBB |
| Exchange | BSE |
Subscription Details
QIB
2.56x
RII
2.67x
Total
2.35x
Company Information
Company Overview
Incorporated in 1939, Muthoot Mercantile Limited is a non-banking financial company engaged in the business of lending loans against the security of Gold, Investments, Health Insurance, Forex Services, and Money Transfer.
The Company has branches throughout Kerala, Tamil Nadu, Maharashtra, Odisha, Delhi, Haryana, Madhya Pradesh, Punjab, and Uttar Pradesh, with potential for further expansion. The company is headquartered in Thiruvananthapuram, a city in the south Indian state of Kerala. They have been in the money lending business for decades, mainly focused on small-scale lending against households and used gold jewellery. Over 84 years, the company has evolved its operations.
Company Financials
Muthoot Mercantile Ltd.'s revenue increased by 26% and profit after tax (PAT) rose by 16% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 990.80 | 792.05 | 606.51 |
| Total Income | 166.43 | 131.78 | 94.67 |
| Profit After Tax | 28.09 | 24.28 | 18.19 |
Amount in ₹ Cr
Lead Managers & Registrar
Lead Manager: Vivro Financial Services Pvt.Ltd.
Registrar: Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: mml.ncdipo@kfintech.com
Website: https://ipostatus.kfintech.com/