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ISSUE OPEN  ·  Closes 11 Jun 2026
▸ NON-CONVERTIBLE DEBENTURE · PUBLIC ISSUE
MUTHOOT MERCANTILE LTD.
Tranche III · BSE Listed · Secured · Fixed Coupon
12.07%
Max Yield p.a.
Crisil BBB+/Stable
Credit Ratings
₹150 Cr
Issue Size
₹10,000 (10 NCDs)
Min. Application
Open Date
29 May 2026
Close Date
11 Jun 2026
Face Value
₹1,000
Per NCD
Issue Size
₹150 Cr
Security Cover
Secured debentures
Listing
BSE
Exchange listed
MONTHLY INTEREST   Monthly
Series Tenor Coupon p.a. Yield p.a.
Series 1 400 Days 10.50% 11.02%
Series 3 24 Months 10.75% 11.30%
Series 5 36 Months 11.00% 11.57%
CUMULATIVE INTEREST   Cumulative
Series Tenor Yield p.a.
Series 2 400 Days 10.94%
Series 4 24 Months 11.36%
Series 6 36 Months 11.60%
Series 7 73 Months 12.07%
CREDIT RATINGS
Crisil Ratings Limited
Crisil BBB+/Stable
ABOUT THE COMPANY
Incorporated in 1939, Muthoot Mercantile Limited is a non-banking financial company engaged in the business of lending loans against the security of Gold, Investments, Health Insurance, Forex Services, and Money Transfer.

The Company has branches throughout Kerala, Tamil Nadu, Maharashtra, Odisha, Delhi, Haryana, Madhya Pradesh, Punjab, and Uttar Pradesh, with potential for further expansion. The company is headquartered in Thiruvananthapuram, a city in the south Indian state of Kerala. They have been in the money lending business for decades, mainly focused on small-scale lending against households and used gold jewellery. Over 84 years, the company has evolved its operations.

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QUICK FACTS
Max Yield 12.07%
Min. Application ₹10,000 (10 NCDs)
Face Value ₹1,000
Tenor Range 24 – 72 Months
Coupon Type Fixed
Nature Secured
Listing BSE
Open 29 May 2026
Close 11 Jun 2026
Issue details sourced from Tranche III Prospectus dated April 21, 2026. Indicative only — verify with the issuer before investing. Credit ratings by CRISIL / Brickwork are subject to revision. NCDs are subject to market and credit risks. This page does not constitute investment advice.  ·  © 2026 Sirius Capital Services Ltd.
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