Archive · 27 Nov 2025
Muthoot Microfin Approves ₹450-Crore NCD Private Placement
Muthoot Microfin, a company that gives small loans, has decided to borrow money by selling special loans called NCDs.
They will sell NCDs worth ₹450 crore.
These NCDs come in different types with different lengths of time and interest rates.
The money from these NCDs will be used to help the company grow.
The NCDs will be listed on the BSE, which is like a big market where people can buy and sell these loans.
The company's stock price went up a little bit on the day they made this announcement.
Muthoot Microfin Ltd approved the issuance of ₹450 crore in non-convertible debentures (NCDs) on a private placement basis.
The issuance includes 1,50,000 NCDs worth ₹150 crore and 30,000 NCDs worth ₹300 crore.
NCDs are structured in multiple series with varying tenures and coupon rates, all payable monthly.
All NCDs are secured and will be listed on BSE Limited.
Muthoot Microfin's stock price increased by 1.34% on the announcement day.
- Who
- Muthoot Microfin Ltd
- What
- Approval of ₹450-crore private placement of NCDs
- When
- November 27, 2025 (allotment dates vary by series)
- Where
- India
- Why
- To raise funds for the company
- Company
- Muthoot Microfin Ltd
- Total NCDs Issued
- ₹450 crore
- NCDs Breakdown
- 1,50,000 NCDs (₹150 crore) + 30,000 NCDs (₹300 crore)
- Series A Tenure
- 24 months (Dec 2025 - Dec 2027)
- Series B Tenure
- 23 months (Jan 2026 - Dec 2027)
- Coupon Rate (Series A & B)
- 9.70% per annum, monthly
- Series I Tenure
- 24 months (Dec 2025 - Dec 2027)
- Series II Tenure
- 36 months (Dec 2025 - Dec 2028)
- Coupon Rate (Series I & II)
- 9.85% and 9.95% per annum, monthly
- Listing
- BSE Limited