Description

BSE announces listing of ₹50 crore secured NCDs of Muthoottu Mini Financiers Limited with 9.25% interest rate, maturing on November 13, 2027.

Summary

BSE has listed new debt securities of Muthoottu Mini Financiers Limited on its Debt segment effective November 17, 2025. The company issued 5,000 non-convertible debentures (NCDs) of face value ₹1,00,000 each on a private placement basis, totaling ₹50 crore. The securities carry a 9.25% per annum interest rate with monthly interest payments and mature on November 13, 2027. The securities are rated ICRA A (Stable) and will trade exclusively in dematerialized form.

Key Points

  • Issuer: Muthoottu Mini Financiers Limited
  • Scrip Code: 977296
  • Scrip ID: 925MMFL027
  • ISIN: INE101Q07BT9
  • Quantity Issued: 5,000 NCDs
  • Face Value: ₹1,00,000 per NCD
  • Issue Price: ₹1,00,000 per NCD
  • Total Issue Size: ₹50 crore
  • Market Lot: 1 unit
  • Credit Rating: ICRA A (Stable)
  • Interest Rate: 9.25% per annum
  • Interest Payment: Monthly (10th of each month)
  • Date of Allotment: November 13, 2025
  • Maturity Date: November 13, 2027
  • Tenor: 2 years
  • Put/Call Option: Not Applicable
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must note that these securities will trade only in dematerialized form under ISIN INE101Q07BT9
  • The tick size for trading is 1 paise
  • Trading members can refer to the Placement Memorandum at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 13, 2025
  • Listing Date: November 17, 2025
  • First Interest Payment: December 10, 2025
  • Interest Payment Schedule: Monthly from December 10, 2025 to November 13, 2027
  • Maturity/Redemption Date: November 13, 2027

Impact Assessment

Market Impact: Low. This is a routine private placement listing for debt securities of Muthoottu Mini Financiers Limited, a regional NBFC. The issue size of ₹50 crore is relatively small and will have minimal impact on overall debt market activity.

Investor Impact: Relevant only for institutional investors and high net-worth individuals who participated in the private placement or seek exposure to ICRA A-rated debt instruments with monthly income streams.

Trading Impact: The securities are available for trading on BSE Debt segment in dematerialized form with standard settlement procedures. The market lot of 1 unit (₹1 lakh face value) makes it accessible to qualified debt investors.

Impact Justification

Routine listing announcement for privately placed debt securities of a single NBFC with limited market-wide impact