{"id":6647,"date":"2023-09-20T07:35:40","date_gmt":"2023-09-20T07:35:40","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=6647"},"modified":"2026-04-14T04:20:32","modified_gmt":"2026-04-14T04:20:32","slug":"muthoot-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/","title":{"rendered":"MUTHOOT FINANCE LTD NCD IPO TRANCHE V- September, 2023, Should you Invest?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">NCDs are debt instruments that companies registered under the Companies Act 1956\/2013 issue to generate funds for their businesses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Should you invest in muthoot ncd 2023?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Investing in muthoot ncd is an acceptable alternative due to its high return, good credit rating, and investment reliability. Make sure to consider the interest rate and credit risks, especially for longer terms.<\/span><\/p>\n<h3 style=\"text-align: center;\"><strong>High Yield\u00a0|\u00a0AA+\/Stable Rated\u00a0|\u00a0Minimum Investment: 10k Only<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Muthoot Finance Ltd<\/span> <span style=\"font-weight: 400;\">is issuing the 4th tranche of Non-Convertible Debentures. These NCDs are AA+\/Stable by ICRA. The NCDs are being issued in seven series: yield ranges from 7.75% to 8.60% p.a. and different tenures of 24 months, 36 months and 60 months. The NCDs are secured and redeemable in nature.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-6657 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072813\/Screenshot-2023-09-20-125741.png\" alt=\"\" width=\"592\" height=\"602\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072813\/Screenshot-2023-09-20-125741.png 592w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072813\/Screenshot-2023-09-20-125741-295x300.png 295w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072813\/Screenshot-2023-09-20-125741-585x595.png 585w\" sizes=\"(max-width: 592px) 100vw, 592px\" \/><\/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 ' ><ul class='ez-toc-list-level-2' ><li class='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-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/#Muthoot_Finance_Ltd_NCD_IPO_Coupon_rates_and_effective_yield_for_each_of_the_series\" >Muthoot Finance Ltd NCD IPO: Coupon rates and effective yield for each of the series\u00a0<\/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-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/#Allocation_Ratio\" >Allocation Ratio<\/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-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/#Investment_Process_for_Muthoot_Finance_Ltd_NCD_IPO\" >Investment Process for Muthoot Finance Ltd NCD IPO<\/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-finance-ltd-ncd-ipo-tranche-v-september-2023-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-5\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/#What_is_NCD\" >What is NCD?<\/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-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/#NCD_VS_FD\" >NCD VS FD<\/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-finance-ltd-ncd-ipo-tranche-v-september-2023-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-8\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ncd-ipo-tranche-v-september-2023-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-9\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ncd-ipo-tranche-v-september-2023-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.\u00a0<\/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-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/#About_Muthoot_Finance_Ltd\" >About Muthoot Finance Ltd.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/#Strengths\" >Strengths<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/#Weakness\" >Weakness<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/#Invest_in_Bond_IPO_online_in_just_5_minutes\" >Invest in Bond IPO online in just 5 minutes<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/#FAQ\" >FAQ\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Muthoot_Finance_Ltd_NCD_IPO_Coupon_rates_and_effective_yield_for_each_of_the_series\"><\/span><strong>Muthoot Finance Ltd NCD IPO: Coupon rates and effective yield for each of the series\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"size-full wp-image-6648 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070428\/Picture1.png\" alt=\"\" width=\"4009\" height=\"1618\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070428\/Picture1.png 4009w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070428\/Picture1-300x121.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070428\/Picture1-1024x413.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070428\/Picture1-768x310.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070428\/Picture1-1536x620.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070428\/Picture1-2048x827.png 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070428\/Picture1-1170x472.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070428\/Picture1-1920x775.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070428\/Picture1-585x236.png 585w\" sizes=\"(max-width: 4009px) 100vw, 4009px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Allocation_Ratio\"><\/span><strong>Allocation Ratio<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The allocation ratio is prepared based on norms laid down by SEBI. Before announcing the allocation ratio, the same has to be approved by SEBI.\u00a0 Once the IPO subscription closes, applications will be divided into different categories. The category-wise allocation ratio is always decided and declared during the launch of the particular IPO. Considering the Allocation Ratio, units will be assigned to applicants. Refer to the chart to know the application ratio for Muthoot Finance Ltd NCD-IPO.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-6649 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070501\/Picture-2.png\" alt=\"\" width=\"1649\" height=\"990\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070501\/Picture-2.png 1649w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070501\/Picture-2-300x180.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070501\/Picture-2-1024x615.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070501\/Picture-2-768x461.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070501\/Picture-2-1536x922.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070501\/Picture-2-1170x702.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070501\/Picture-2-585x351.png 585w\" sizes=\"(max-width: 1649px) 100vw, 1649px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Investment_Process_for_Muthoot_Finance_Ltd_NCD_IPO\"><\/span><b>Investment Process for Muthoot Finance Ltd NCD IPO<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You can invest in IPOs via GoldenPi in 3 easy steps.<\/span><\/p>\n<p><b>If the investment amount is\u00a0 less than &amp; up to 10 lakhs,<\/b><span style=\"font-weight: 400;\"> retail investors can apply for an IPO online.<\/span><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-6650 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070625\/12-768x384-1-1.jpg\" alt=\"\" width=\"768\" height=\"384\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070625\/12-768x384-1-1.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070625\/12-768x384-1-1-300x150.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070625\/12-768x384-1-1-585x293.jpg 585w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/p>\n<p><b><i>If the investment amount is more than 10 Lakhs.\u00a0<\/i><\/b><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-6651 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070640\/11-768x384-1-1.jpg\" alt=\"\" width=\"768\" height=\"384\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070640\/11-768x384-1-1.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070640\/11-768x384-1-1-300x150.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070640\/11-768x384-1-1-585x293.jpg 585w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Overview\"><\/span><b>Financial Overview<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h4><strong>Snapshot stating the Revenue, Expenses, Net Worth and PAT<\/strong><\/h4>\n<p style=\"text-align: right;\"><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(Amount in Rs. Cr)<\/span><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-6652 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070658\/Picture3-1.png\" alt=\"\" width=\"2151\" height=\"1529\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070658\/Picture3-1.png 2151w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070658\/Picture3-1-300x213.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070658\/Picture3-1-1024x728.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070658\/Picture3-1-768x546.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070658\/Picture3-1-1536x1092.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070658\/Picture3-1-2048x1456.png 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070658\/Picture3-1-1170x832.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070658\/Picture3-1-1920x1365.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070658\/Picture3-1-585x416.png 585w\" sizes=\"(max-width: 2151px) 100vw, 2151px\" \/><\/p>\n<h4><b>Cash flow for last 5 years<\/b><\/h4>\n<p style=\"text-align: right;\"><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><span style=\"font-weight: 400;\">(Amount in Rs. Cr)<\/span><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-6653 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070733\/Screenshot-2023-09-18-130821.png\" alt=\"\" width=\"1108\" height=\"612\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070733\/Screenshot-2023-09-18-130821.png 1108w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070733\/Screenshot-2023-09-18-130821-300x166.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070733\/Screenshot-2023-09-18-130821-1024x566.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070733\/Screenshot-2023-09-18-130821-768x424.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070733\/Screenshot-2023-09-18-130821-585x323.png 585w\" sizes=\"(max-width: 1108px) 100vw, 1108px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">*Cash flow from operating activities reflects the amount a company generates through its product of services.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">**Cash flow from investing activities reflects cash generated and spent relating to investing activities, like purchase of assets, sales of securities etc.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><span style=\"font-weight: 400;\">***Cash flow from financing activities gives an insight into the financial stability of a company to its investors. It reflects <\/span><span style=\"font-weight: 400;\">the net flows of cash that are used to fund the company.<\/span><\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_NCD\"><\/span><strong>What is NCD?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">An item of debt that&#8217;s unable to be transformed into equity shares of the issuing business is called a non-convertible debenture (NCD). This implies that the investor will struggle to turn their investment into equity in the business.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Usually, these have a set tenure and a fixed rate of return. Because they have a lower default risk than other debt instruments, they are regarded as a safe investment option. <\/span><span style=\"font-weight: 400;\">Individuals, Indian incorporated bodies, dealers, banks, and other entities can assist with these.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0Companies issue them to raise money from the public. On the stock exchange, investors can purchase and sell NCDs, or they can hold them until maturity to receive both the principal and accrued interest.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Individuals, Indian incorporated bodies, dealers, banks, and other entities can assist with these.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"NCD_VS_FD\"><\/span><strong>NCD VS FD<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"pcrstb-wrap\"><table style=\"height: 453px;\" width=\"805\">\n<thead>\n<tr>\n<th><strong>NCD\u00a0<\/strong><\/th>\n<th><strong>FD\u00a0<\/strong><\/th>\n<\/tr>\n<tr>\n<th><span style=\"font-weight: 400;\">They give customers the choice between a fixed and<a href=\"https:\/\/goldenpi.com\/blog\/essentials\/the-lesser-known-counterpart-floating-rate-savings-bond\/\"> floating rate<\/a> of interest while purchasing<\/span><\/th>\n<th><span style=\"font-weight: 400;\">Fixed-rate of interest throughout the investment period<\/span><\/th>\n<\/tr>\n<tr>\n<th><span style=\"font-weight: 400;\">Maturity is specified, ranging from a few months to several years.\u00a0<\/span><\/th>\n<th><span style=\"font-weight: 400;\">Investors can choose whatever suits them, either a short-term or long-term investment.\u00a0<\/span><\/th>\n<\/tr>\n<tr>\n<th><span style=\"font-weight: 400;\">Muthooth Financing NCD is AA+ certified and has a low risk and higher return.\u00a0<\/span><\/th>\n<th><span style=\"font-weight: 400;\">Investment bank = ensures the returns here; low risk, low return.\u00a0<\/span><\/th>\n<\/tr>\n<tr>\n<th><\/th>\n<th><\/th>\n<\/tr>\n<\/thead>\n<\/table><\/div>\n<h2><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Ratio_Analysis\"><\/span><b>Ratio Analysis<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"size-full wp-image-6654 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070832\/Table-Format-Muthoot-1-768x672-1.png\" alt=\"\" width=\"768\" height=\"672\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070832\/Table-Format-Muthoot-1-768x672-1.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070832\/Table-Format-Muthoot-1-768x672-1-300x263.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20070832\/Table-Format-Muthoot-1-768x672-1-585x512.png 585w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Issue_analysis\"><\/span><b>Issue analysis<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h4><strong>Pros\u00a0<\/strong><\/h4>\n<ul>\n<li data-sourcepos=\"3:1-3:259\"><strong>Attractive interest rates:<\/strong> Muthoot Finance is offering attractive interest rates on its new NCD issue, ranging from 7.75% to 8.00%, depending on the tenor of the NCDs. This is higher than the interest rates offered by most banks on their fixed deposits.<\/li>\n<li data-sourcepos=\"4:1-4:238\"><strong>Good credit rating:<\/strong>\u00a0Muthoot Finance has a good credit rating of AA+ from ICRA, which indicates that it is a relatively low-risk borrower. This means that investors are likely to receive their interest payments and principal on time.<\/li>\n<li data-sourcepos=\"5:1-5:231\"><strong>Secured investment:<\/strong>\u00a0Muthoot Finance&#8217;s NCDs are secured by the company&#8217;s assets. This means that if the company defaults on its debt obligations, investors will have a claim on the company&#8217;s assets to recover their investment.<\/li>\n<li data-sourcepos=\"6:1-7:0\"><strong>Liquid investment:<\/strong>\u00a0Muthoot Finance&#8217;s NCDs are listed on the stock exchanges, which means that they can be easily traded and sold if needed.<\/li>\n<\/ul>\n<h4><strong>Cons\u00a0<\/strong><\/h4>\n<ul>\n<li data-sourcepos=\"10:1-10:192\"><strong>Interest rate risk:<\/strong>\u00a0If <a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-interest-rates-offered-by-nbfc-bonds\/\">interest rates<\/a> rise in the future, the value of Muthoot Finance&#8217;s NCDs may fall. This is because investors will be able to buy new NCDs with higher interest rates.<\/li>\n<li data-sourcepos=\"11:1-11:192\"><strong>Credit risk:<\/strong>\u00a0Although Muthoot Finance has a good credit rating, there is always the risk that the company could default on its debt obligations. This risk is higher for longer-term NCDs.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\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><a href=\"https:\/\/goldenpi.com\/bond-better-return-fds\"><b>To get better returns than Bank FDs, invest in NCD-IPOs online.\u00a0<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_Muthoot_Finance_Ltd\"><\/span><b>About Muthoot Finance Ltd.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Founded in 1939, Muthoot Finance Ltd. is the largest gold loan NBFC in India. <\/span><span style=\"font-weight: 400;\">\u00a0It is registered as \u201cSystemically Important Non-Deposit -Taking Non-Banking Financial Company\u201d with RBI. The company is headquartered in Kochi, Kerala and also have presence in the UK, the US and the United Arab Emirates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Business Verticals-<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Foreign Exchange Services<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Money Transfers<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Wealth Management Services<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Travel and tourism services<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sells gold coins<\/span><\/li>\n<\/ol>\n<p><strong>As on June 30, 2023<\/strong><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-6655 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072216\/Screenshot-2023-09-20-125148.png\" alt=\"\" width=\"1102\" height=\"361\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072216\/Screenshot-2023-09-20-125148.png 1102w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072216\/Screenshot-2023-09-20-125148-300x98.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072216\/Screenshot-2023-09-20-125148-1024x335.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072216\/Screenshot-2023-09-20-125148-768x252.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072216\/Screenshot-2023-09-20-125148-585x192.png 585w\" sizes=\"(max-width: 1102px) 100vw, 1102px\" \/><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-6656 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072231\/Screenshot-2023-09-20-125112.png\" alt=\"\" width=\"1107\" height=\"372\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072231\/Screenshot-2023-09-20-125112.png 1107w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072231\/Screenshot-2023-09-20-125112-300x101.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072231\/Screenshot-2023-09-20-125112-1024x344.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072231\/Screenshot-2023-09-20-125112-768x258.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/09\/20072231\/Screenshot-2023-09-20-125112-585x197.png 585w\" sizes=\"(max-width: 1107px) 100vw, 1107px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Strengths\"><\/span><b>Strengths<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Strong <a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/sovereign-gold-bond-next-issue-date\/\">Gold<\/a> loan business. The total Loan portfolio of the company includes 99% of the gold loan.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Healthy earnings profile.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Capitalisation to remain healthy over medium term<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Weakness\"><\/span><b>Weakness<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Geographically restricted, MFL\u2019s operations are largely concentrated in South India.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Covid-19 disrupted the performance of non-gold segments.<\/span><\/li>\n<\/ul>\n<h1 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Invest_in_Bond_IPO_online_in_just_5_minutes\"><\/span><a href=\"https:\/\/goldenpi.com\/bond-ipo-online\"><b>Invest in Bond IPO online in just 5 minutes<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><strong>Disclaimer: Investments in debt securities are subject to risks. Read all the offer related documents carefully.\u00a0<\/strong><\/p>\n\n<h3><b>Key Takeaways<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Offers good interest rates, ranging from 7.75% to 8.60% per year.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">ICRA assigned it an AA+\/Stable rating, making it a low-risk option.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Entry starts at \u20b910,000.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">NCDs are listed on stock markets and are easily traded.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Higher returns as compared to bank fixed deposits, but at differing risks.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Muthoot Finance is a reputable NBFC that specializes in providing gold loans.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Easy online application from GoldenPi, especially for amounts up to \u20b910 lakhs.\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQ\"><\/span><strong>FAQ\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><strong>\u00a0Is Muthoot Finance NCD safe?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Ans: With a strong credit rating, Muthoot is the most reputable financial services brand in India. The Investment Information Credit Rating Agency (ICRA) has given it an AA+ rating, meaning that there is little risk associated with investing in it.<\/span><\/p>\n<h3><strong>\u00a0Is NCD better than FD?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Ans: You will make more money in NCD than in bank offers because the corporation provides NCD returns, whereas the bank guarantees FD returns. When the rate of return between FD and NCD is assessed, this becomes clear.<\/span><\/p>\n<div id=\"footable_parent_7864\"\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=\"7864\" data-filter-delay=\"1000\" aria-label=\"IPO Table - Muthoot Finance (5).csv\"            id=\"footable_7864\"\n           data-unique_identifier=\"ninja_table_unique_id_1189055743_7864\"\n           class=\" foo-table ninja_footable foo_table_7864 ninja_table_unique_id_1189055743_7864 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=\"150\" class=\"ninja_table_row_0 nt_row_id_150\">\n            <td>Muthoot Finance NCD IPO April 2023 <\/td><td>8.60%%<\/td><td>75 cr<\/td><td>ICRA 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-finance-ltd-ncd-ipo-tranche-v-april-2023-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"151\" class=\"ninja_table_row_1 nt_row_id_151\">\n            <td>Muthoot Finance NCD IPO February 2023 <\/td><td>8.60%%<\/td><td>500 cr<\/td><td>ICRA AA+ (Stable)<\/td><td>February 8, 2023<\/td><td>March 3, 2023<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ncd-ipo-tranche-v-february-2023-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"152\" class=\"ninja_table_row_2 nt_row_id_152\">\n            <td>Muthoot Finance NCD IPO September 2023<\/td><td>8.60%<\/td><td>700 cr<\/td><td>ICRA AA+ (Stable)<\/td><td>September 21, 2023<\/td><td>October 6, 2023<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ncd-ipo-tranche-v-september-2023-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"153\" class=\"ninja_table_row_3 nt_row_id_153\">\n            <td>Muthoot Finance NCD IPO November 2022<\/td><td>8.25%<\/td><td>300 cr <\/td><td>ICRA AA+ (Stable)<\/td><td>November 28, 2022<\/td><td>Dece,ber 19, 2022<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ipo-tr-iv-november-2022-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"154\" class=\"ninja_table_row_4 nt_row_id_154\">\n            <td>Muthoot Finance NCD IPO October 2022<\/td><td>8%<\/td><td>500 cr<\/td><td>ICRA AA+ (Stable)<\/td><td>October 6, 2022<\/td><td>October 26, 2022<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ipo-october-2022-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"155\" class=\"ninja_table_row_5 nt_row_id_155\">\n            <td>Muthoot Finance NCD IPO May 2022<\/td><td>8%<\/td><td>300 cr<\/td><td>ICRA AA+ Stable <\/td><td>May 25, 2022<\/td><td>June 17, 2022<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ncd-ipo-may-2022-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"156\" class=\"ninja_table_row_6 nt_row_id_156\">\n            <td>Muthoot Finance NCD IPO April 2022<\/td><td>8%<\/td><td>500 cr<\/td><td>ICRA AA+ Stable <\/td><td>April 7, 2022<\/td><td>April 29, 2022<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/muthoot-finance-ltd-ipo-april-2022-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"157\" class=\"ninja_table_row_7 nt_row_id_157\">\n            <td>Muthoot Finance NCD IPO December 2020<\/td><td>7.75%<\/td><td>100 cr<\/td><td>CRISIL AA<\/td><td>December 11, 2020<\/td><td>January 5, 2021<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/ipo-muthoot-finance-limited-issuing-ncds-at-7-75-coupon-annually-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table><\/div>\n    \n    \n    \n<\/div>\n\n<h3><b>How is the allocation ratio for the Muthoot Finance Ltd ncd ipo determined?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The allotment ratio for Muthoot Finance Ltd.&#8217;s ncd ipo was authorized by SEBI rules and regulations before its announcement<\/span><\/p>\n<h3><b>What is the significance of understanding the cash flow for the last five years about investing in NCDs?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Having an idea about cash flow allows you to look at the company&#8217;s financial health, stability, and ability to satisfy its debts, which reduces investment risk.<\/span><\/p>\n<h3><b>What are the key features of the muthoot ncd 2023 offered in this IPO?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Muthoot NCDs 2023 offers AA+\/Stable grade, secured, redeemable, 7.75%\u20138.60% return, a 24- to 60-month period, a minimum investment of \u20b910,000, and ample liquidity through stock exchange listing.<\/span><\/p>\n<h3><b>What is muthoot finance ncd 2023 interest rate?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Muthoot Finance NCD 2023 gives interest rates that range from 7.75% to 8.60% annually. That depends on the time.<\/span><\/p>\n<h3><b>What are Muthoot Finance Bonds 2023?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Muthoot Finance Bonds 2023, or NCDs, are debt securities offered by Muthoot Finance Ltd. These bonds provide solid investment options with quarterly interest rewards, and they are also listed on stock exchanges to provide liquidity for investors.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NCDs are debt instruments that companies registered under the Companies Act 1956\/2013 issue to generate funds for their businesses.\u00a0 Should you invest&hellip;<\/p>\n","protected":false},"author":4,"featured_media":6658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[152],"tags":[],"class_list":["post-6647","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 FINANCE LTD NCD IPO TRANCHE V- 2023-GoldenPi<\/title>\n<meta name=\"description\" content=\"Consider Muthoot Finance Ltd NCD IPO Tranche V - September 2023? 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