Muthoot Capital Share Price in Focus; Allots ₹150 Crore NCDs Through Private Placement

Written by: Team Angel OneUpdated on: 5 Jul 2026, 10:47 pm IST

Muthoot Capital Services has allotted 15,000 non-convertible debentures worth up to ₹150 crore through a private placement, carrying a 9.25% annual coupon.

Muthoot Capital Services Limited has approved the allotment of 15,000 Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferrable, Non-Convertible Debentures (NCDs) through a private placement, with an aggregate issue size of up to ₹150 crore.

Each debenture has a face value of ₹1,00,000, and the NCDs are proposed to be listed on BSE Limited.

Issue Structure and Terms

The NCDs have been issued with a 24-month tenure, with the deemed date of allotment set as 30 June 2026 and the maturity date falling on 30 June 2028.

Investors will receive a coupon of 9.25% per annum, payable on a quarterly basis, while the principal amount will be repaid through a bullet payment at maturity.

Security and Asset Coverage

The debentures will rank pari passu with the company's existing secured creditors and will be backed by standard loan receivables and current assets, including both present and future assets, in favour of the Debenture Trustee.

Muthoot Capital will maintain a minimum asset coverage ratio of 1.1 times the outstanding value of the debentures until they are redeemed.

Payment and Investor Provisions

The company stated that if there is any delay in the payment of interest or principal, a default interest rate of 1% per annum above the coupon rate will apply for the defaulting period.

The NCDs do not carry any special rights or privileges, and the company has reported that there are no comments or issues relating to the payment or non-payment of interest or principal.

Muthoot Capital Services Share Price Performance

As of 30 June 2026, at 1:11 PM, Muthoot Capital Services Limited share price was trading at ₹202 per share, reflecting a surge of 1.44% from the previous trading session.

Conclusion

The latest allotment adds ₹150 crore through private placement, with the issue structured as a secured, listed NCD offering featuring a fixed coupon and a two-year maturity period.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

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Published on: Jun 30, 2026, 1:53 PM IST

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