Description

BSE announces listing of ₹100 crore new debt securities (NCDs) issued by Muthoot Fincorp Limited on private placement basis, carrying 8.80% p.a. interest with monthly payments.

Summary

BSE has listed and admitted new debt securities issued by Muthoot Fincorp Limited on private placement basis to trading on the BSE Debt segment effective December 15, 2025. The securities comprise 10,000 units of non-convertible debentures with a face value of ₹1,00,000 each, totaling ₹100 crore, carrying an interest rate of 8.80% per annum with monthly interest payments.

Key Points

  • Issuer: Muthoot Fincorp Limited
  • Scrip Code: 977368 | Scrip ID: 880MFL2028
  • ISIN: INE549K07HD3
  • Quantity: 10,000 units
  • Face Value: ₹1,00,000 per unit
  • Issue Price: ₹1,00,000 per unit
  • Total Issue Size: ₹100 crore
  • Credit Rating: CRISIL AA- / Positive
  • Interest Rate: 8.80% per annum
  • Interest Payment: Monthly
  • Date of Allotment: December 12, 2025
  • Redemption Date: December 12, 2028 (3-year tenure)
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Put/Call Option: Not Available
  • Trading Mode: Dematerialized form only

Regulatory Changes

No regulatory changes. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE549K07HD3
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • Any clarifications required may be directed to BSE Debt Department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: December 12, 2025
  • Listing Date: December 15, 2025
  • Interest Payment: Monthly (commencing from allotment date)
  • Redemption Date: December 12, 2028

Impact Assessment

Market Impact: Low - This is a routine private placement listing in the debt segment with limited broader market implications. The issue size of ₹100 crore is moderate for corporate debt markets.

Investor Impact: Relevant for debt market investors seeking AA- rated corporate debt instruments with monthly income. The CRISIL AA- rating with positive outlook indicates high credit quality with very low credit risk.

Company Impact: Provides Muthoot Fincorp Limited with additional debt capital at 8.80% cost for business operations with a 3-year maturity profile. The positive rating outlook reflects stable credit fundamentals.

Operational Impact: Trading members can facilitate client transactions in these securities on the BSE Debt platform from December 15, 2025.

Impact Justification

Routine debt securities listing announcement for private placement NCDs with limited market-wide impact, relevant primarily to debt market participants and investors in Muthoot Fincorp debt instruments.