Muthoot Microfin gains on raising Rs 250 crore through NCDs
a is currently trading at Rs. 190., up by 1.55 points or 0.82% from its previous closing of Rs. 188.45 on the BSE.
The scrip opened at Rs. 187.80 and has touched a high and low of Rs. 190.40 and Rs. 185.00 respectively. So far 12166 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.35 on 27-Jul-2026 and a 52 week low of Rs. 141.35 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 198.80 and Rs. 185.00 respectively. The current market cap of the company is Rs. 3,239.35 crore.
The promoters holding in the company stood at 55.47%, while Institutions and Non-Institutions held 26.49% and 18.05% respectively.
Muthoot Microfin has raised Rs 250 crore through the allotment of listed, rated, secured and redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The NCDs will be listed on BSE. This latest fund raise forms part of the company’s continued strategy to strengthen its funding profile, diversify its liability mix, and optimise its overall cost of borrowing.
As part of this issuance, the company has allotted 2,50,000 NCDs of Rs 10,000 each, aggregating to Rs 250 crore, with a tenure of 24 months and a coupon rate of 9.25% per annum, payable monthly.
The fund raise is well within the limits approved by the company's Board of Directors and underscores the continued confidence of investors in the company’s financial strength and growth trajectory. The instruments are secured by a first-ranking, exclusive charge over the company's receivables, reinforcing the strength of the issuance.
