Description
BSE announces listing of ₹75 crore non-convertible debentures issued by Muthoot Microfin Limited on private placement basis, effective December 5, 2025.
Summary
BSE has listed new debt securities issued by Muthoot Microfin Limited on private placement basis, effective December 5, 2025. The issue comprises 75,000 non-convertible debentures with a face value of ₹10,000 each, carrying a coupon rate of 9.70% per annum with monthly interest payments. The securities are rated CRISIL A+/Positive and will mature on December 3, 2027.
Key Points
- Issuer: Muthoot Microfin Limited
- Scrip Code: 977342
- Scrip ID: 970MML27
- ISIN: INE046W07339
- Quantity: 75,000 debentures (₹750 million total issue size)
- Face Value: ₹10,000 per debenture
- Issue Price: ₹10,000 per debenture
- Coupon Rate: 9.70% per annum
- Credit Rating: CRISIL A+/Positive outlook
- Date of Allotment: December 3, 2025
- Interest Payment: Monthly from January 1, 2026 to December 3, 2027
- Maturity Date: December 3, 2027
- Market Lot: 1 debenture
- Tick Size: 1 paise
- Trading Mode: Dematerialized form only
- Put/Call Option: Not Available
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for privately placed debt securities on the BSE Debt segment.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE046W07339
- Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
- Tick size of 1 paise must be maintained for all trades
- For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: December 3, 2025
- Listing Date: December 5, 2025
- First Interest Payment: January 1, 2026
- Redemption Date: December 3, 2027
- Interest Payment Frequency: Monthly (from January 1, 2026 to December 3, 2027)
Impact Assessment
Market Impact: Low - This is a routine listing of privately placed debt securities with limited impact on broader market operations. The listing adds liquidity options for investors holding these securities.
Investor Impact: The securities offer institutional and qualified investors access to Muthoot Microfin’s debt instruments with a competitive 9.70% annual return, monthly income stream, and investment-grade rating (CRISIL A+/Positive).
Operational Impact: Minimal - Standard listing procedures apply. Trading members have access to placement memorandum and BSE debt department support for any operational queries.
Impact Justification
Routine debt security listing with limited market-wide impact, relevant primarily to debt segment participants and investors in Muthoot Microfin securities