{"id":4273,"date":"2022-07-19T13:02:22","date_gmt":"2022-07-19T13:02:22","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=4273"},"modified":"2026-04-14T10:52:32","modified_gmt":"2026-04-14T10:52:32","slug":"muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/","title":{"rendered":"MUTHOOT FINCORP LTD PRIVATE PLACEMENT- July 2022, Should you invest?"},"content":{"rendered":"<p>Muthoot Fincorp Ltd is issuing Non-Convertible debentures. These NCDs are A+ Stable by CRISIL. These NCDs can also be called Monthly coupon bonds, as they provide 10.26% interest monthly per annum.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/#Bond_Overview\" >Bond Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/#INVEST_NOW\" >INVEST NOW<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/#Issue_analysis\" >Issue analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/#About_Muthoot_Fincorp_Ltd\" >About Muthoot Fincorp Ltd.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/#Financial_Overview\" >Financial Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/#Cash_flow_for_last_5_years\" >Cash flow for last 5 years<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/#To_get_better_returns_than_Bank_FDs_invest_in_NCD-IPOs_online\" >To get better returns than Bank FDs, invest in NCD-IPOs online.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/#Ratio_Analysis\" >Ratio Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/#Financial_for_2021\" >Financial for 2021<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/#DISCOVER_BONDS\" >DISCOVER BONDS<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Bond_Overview\"><\/span><strong>Bond Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-4275\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120053\/first-table-screenshot-1024x502.jpg\" alt=\"Bond Overview Muthoot Fincorp Ltd Private Placement\" width=\"661\" height=\"324\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120053\/first-table-screenshot-1024x502.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120053\/first-table-screenshot-300x147.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120053\/first-table-screenshot-768x377.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120053\/first-table-screenshot-1536x753.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120053\/first-table-screenshot-1170x574.jpg 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120053\/first-table-screenshot-585x287.jpg 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120053\/first-table-screenshot.jpg 1692w\" sizes=\"(max-width: 661px) 100vw, 661px\" \/><\/p>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"INVEST_NOW\"><\/span><span style=\"color: #004f98;\"><a style=\"color: #004f98;\" href=\"https:\/\/goldenpi.com\/bonds\/INE549K08343\/muthoot-fincorp-limited-1026-bond-yield?src=preview?utm_source=blog&amp;utm_medium=blog&amp;utm_muthootfinjuly\"><strong>INVEST NOW<\/strong><\/a><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Issue_analysis\"><\/span><strong>Issue analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong><span style=\"color: #339966;\">Pros<\/span><\/strong><\/p>\n<ul>\n<li>The NCD is A+ rated security with a stable outlook.<\/li>\n<li>The coupon rate is 10.26% which is much higher than FDs.<\/li>\n<\/ul>\n<p><strong><span style=\"color: #ff0000;\">Cons<\/span><\/strong><\/p>\n<ul>\n<li>Cashflows have been decreasing at a faster pace.<\/li>\n<li>The operations of NBFC is geographically constrained. It is majorly operated in South India.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Muthoot_Fincorp_Ltd\"><\/span><strong>About Muthoot Fincorp Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Founded in 1997, <a href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-mercantile-limited-ncd-ipo-july-2025-should-you-invest\/\">Muthoot Fincorp Ltd<\/a>.(MFL) is a non-deposit taking, one of the leading NBFCs in the country. The NBFC primarily deals into lending against gold jewellery.\u00a0 It is the flagship company of the Muthoot Pappachan Group also popularly known as the Muthoot Blue Group, which has diverse business interests such as hospitality, real estate, and power generation.<\/p>\n<div><img decoding=\"async\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/03100212\/MUTHOOT-FINCORP-LTD-PRIVATE-PLACEMENT.gif\" \/><\/div>\n<p><strong>Business Verticals-<\/strong><\/p>\n<ol>\n<li>Gold loan<\/li>\n<li>Small business loan<\/li>\n<li>Home Loan<\/li>\n<li>Auto Loan<\/li>\n<li>Micro Finance<\/li>\n<li>Forex<\/li>\n<li>Money Transfer<\/li>\n<li>Wealth management services<\/li>\n<li>Insurance<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Overview\"><\/span><strong>Financial Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Snapshot stating the Revenue, Expenses and PAT<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-4276\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120136\/bar-graph-screenshot-1024x481.jpg\" alt=\"Financial Overview for Muthoot Fincorp Ltd Private Placement\" width=\"692\" height=\"325\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120136\/bar-graph-screenshot-1024x481.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120136\/bar-graph-screenshot-300x141.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120136\/bar-graph-screenshot-768x361.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120136\/bar-graph-screenshot-1536x722.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120136\/bar-graph-screenshot-2048x963.jpg 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120136\/bar-graph-screenshot-1170x550.jpg 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120136\/bar-graph-screenshot-1920x903.jpg 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19120136\/bar-graph-screenshot-585x275.jpg 585w\" sizes=\"(max-width: 692px) 100vw, 692px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cash_flow_for_last_5_years\"><\/span><strong>Cash flow for last 5 years<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-4279\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19121256\/updated-small-table-1024x127.jpg\" alt=\"Cash flow for Muthoot Fincorp Ltd Private Placement\" width=\"707\" height=\"88\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19121256\/updated-small-table-1024x127.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19121256\/updated-small-table-300x37.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19121256\/updated-small-table-768x95.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19121256\/updated-small-table-1536x190.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19121256\/updated-small-table-2048x253.jpg 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19121256\/updated-small-table-1170x145.jpg 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19121256\/updated-small-table-1920x238.jpg 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19121256\/updated-small-table-585x72.jpg 585w\" sizes=\"(max-width: 707px) 100vw, 707px\" \/>Cash flow refers to the movement of cash in and out of the business at a specific point in time. It represents the net balance of the cash movement.<\/p>\n<ul>\n<li>*Cash flow from operating activities reflects the amount a company generates through its product of services.<\/li>\n<li>**Cash flow from investing activities reflects cash generated and spent relating to investing activities, like purchase of assets, sales of securities etc.<\/li>\n<li>***Cash flow from financing activities gives an insight into the financial stability of a company to its investors. It reflects the net flows of cash that are used to fund the company.<\/li>\n<\/ul>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"To_get_better_returns_than_Bank_FDs_invest_in_NCD-IPOs_online\"><\/span><span style=\"color: #004f98;\"><strong><a style=\"color: #004f98;\" href=\"https:\/\/goldenpi.com\/bond-better-return-fds?utm_source=blog&amp;utm_medium=blog&amp;utm_campaign=muthootfinjuly\">To get better returns than Bank FDs, invest in NCD-IPOs online.<\/a><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Ratio_Analysis\"><\/span><strong>Ratio Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Financial_for_2021\"><\/span><img decoding=\"async\" class=\"alignnone wp-image-4282 size-large\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19124632\/final1-1024x855.jpg\" alt=\"Ratio Analysis for Muthoot Fincorp Ltd Private Placement\" width=\"1024\" height=\"855\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19124632\/final1-1024x855.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19124632\/final1-300x250.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19124632\/final1-768x641.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19124632\/final1-1170x977.jpg 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19124632\/final1-585x488.jpg 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/07\/19124632\/final1.jpg 1482w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><strong>Financial for 2021<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Total Customers- 5 million<\/li>\n<li>Total no. of branches- 4200+<\/li>\n<li>Asset under management- Rs. 18,701 cr<\/li>\n<li>Credit Cost- 0.2%<\/li>\n<li>96% of the loan book is secured against gold.<\/li>\n<\/ul>\n<p><strong>Strengths<\/strong><\/p>\n<ul>\n<li>Strong <a href=\"https:\/\/goldenpi.com\/blog\/webinar-leader-speaks\/gold-wealth-preservation-gold-loan-backed-bonds-explained-muthootu-mini\/\">Gold<\/a> loan business. MFL is the 3rd largest gold loan non-banking financial company (NBFC).<\/li>\n<li>Healthy earnings profile for the gold loan segment.<\/li>\n<li>Liquidity stays strong, with Rs 1347 cr maintained in the form of cash and unutilised bank lines.<\/li>\n<\/ul>\n<p><strong>Weakness<\/strong><\/p>\n<ul>\n<li>Geographically restricted, MFL\u2019s operations are largely concentrated in South India.<\/li>\n<li>Covid-19 disrupted the performance of non-gold segments.<\/li>\n<\/ul>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"DISCOVER_BONDS\"><\/span><strong><span style=\"color: #004f98;\"><a style=\"color: #004f98;\" href=\"https:\/\/goldenpi.com\/investment-options\/list-view?utm_source=blog&amp;utm_medium=blog&amp;utm_campaign=muthootfinjuly\">DISCOVER BONDS<\/a><\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div id=\"footable_parent_7876\"\n         class=\" footable_parent ninja_table_wrapper loading_ninja_table wp_table_data_press_parent semantic_ui \">\n                <div class=\"pcrstb-wrap\"><table data-ninja_table_instance=\"ninja_table_instance_0\" data-footable_id=\"7876\" data-filter-delay=\"1000\" aria-label=\"IPO Table - Muthoot Fincorp (1).csv\"            id=\"footable_7876\"\n           data-unique_identifier=\"ninja_table_unique_id_2815405087_7876\"\n           class=\" foo-table ninja_footable foo_table_7876 ninja_table_unique_id_2815405087_7876 ui table  nt_type_legacy_table selectable striped vertical_centered  footable-paging-right ninja_table_pro\">\n                <colgroup>\n                            <col class=\"ninja_column_0 \">\n                            <col class=\"ninja_column_1 \">\n                            <col class=\"ninja_column_2 \">\n                            <col class=\"ninja_column_3 \">\n                            <col class=\"ninja_column_4 \">\n                            <col class=\"ninja_column_5 \">\n                            <col class=\"ninja_column_6 \">\n                    <\/colgroup>\n        <thead>\n<tr class=\"footable-header\">\n                                                                                                                        <th scope=\"col\"  class=\"ninja_column_0 ninja_clmn_nm_details \">Details <\/th><th scope=\"col\"  class=\"ninja_column_1 ninja_clmn_nm_maximumyield \">Maximum yield<\/th><th scope=\"col\"  class=\"ninja_column_2 ninja_clmn_nm_overallissuesize \">Overall Issue Size\t<\/th><th scope=\"col\"  class=\"ninja_column_3 ninja_clmn_nm_creditrating \">Credit Rating<\/th><th scope=\"col\"  class=\"ninja_column_4 ninja_clmn_nm_startdate \">Start Date<\/th><th scope=\"col\"  class=\"ninja_column_5 ninja_clmn_nm_closingdate \">Closing Date<\/th><th scope=\"col\"  class=\"ninja_column_6 ninja_clmn_nm_formoredetails \">For more details<\/th><\/tr>\n<\/thead>\n<tbody>\n\n        <tr data-row_id=\"166\" class=\"ninja_table_row_0 nt_row_id_166\">\n            <td>Muthoot Fincorp NCD IPO September 2023 <\/td><td>9.43%<\/td><td>100 cr<\/td><td>CRISIL AA- \/ Stable <\/td><td>September 1, 2023<\/td><td>Septmber 14, 2023 <\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-fincorp-ltd-ipo-september-2023-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"167\" class=\"ninja_table_row_1 nt_row_id_167\">\n            <td>Muthoot Fincorp NCD IPO April 2023 <\/td><td>9.37%<\/td><td>150 cr <\/td><td>CRISIL AA- \/ Stable <\/td><td>April 12, 2023<\/td><td>April 26, 2023<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-ipo-april-2023-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"168\" class=\"ninja_table_row_2 nt_row_id_168\">\n            <td>Muthoot Fincorp NCD IPO January 2023<\/td><td>8.83%<\/td><td>400 cr <\/td><td>ICRA AA+ (Stable)<\/td><td>January 2, 2023<\/td><td>January 27, 2023<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-ipo-january-2023-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"169\" class=\"ninja_table_row_3 nt_row_id_169\">\n            <td>Muthoot Fincorp NCD IPO July 2022<\/td><td>10.75%<\/td><td>25 cr<\/td><td>CRISIL A+ (Stable)<\/td><td>Data not available <\/td><td>Data not available<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-fincorp-ltd-private-placement-july-2022-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table><\/div>\n    \n    \n    \n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Muthoot Fincorp Ltd is issuing Non-Convertible debentures. These NCDs are A+ Stable by CRISIL. These NCDs can also be called Monthly coupon&hellip;<\/p>\n","protected":false},"author":4,"featured_media":12291,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[152],"tags":[],"class_list":["post-4273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-muthoot-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MUTHOOT FINCORP LTD PRIVATE PLACEMENT- July 2022, Should you invest? - GoldenPi | Blogs<\/title>\n<meta name=\"description\" content=\"Explore Muthoot Fincorp Ltd Private Placement (July 2022). Should you invest in Muthoot Fincorp bonds? 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