Muthoot Capital Services Ltd continues its momentum in accessing short-term funding by issuing a ₹500 million (₹50 crore) commercial paper, further cementing its position as a proactive player in the Indian NBFC space.
Key Highlights
Issue Size & Details:
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Commercial paper issued for ₹50 crore
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Allotment date: July 24, 2025
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Maturity date: September 22, 2025
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Tenure: 60 days
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Discount Rate: 8.50% (FIMMDA convention)
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Issue Price: ₹98.6220 per unit
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Quantity: 1,000
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ISIN: INE296G14578
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Credit Rating: CRISIL A1+
Major Allottee: Visakhapatnam Steel Projects Employees Provident Fund
Purpose: This issuance is part of Muthoot Capital’s regular capital management efforts and short-term funding strategy, building on a series of similar issues in 2025 that underline robust liquidity and investor trust.
Market Implications:
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Securing a high credit rating (CRISIL A1+) signals confidence in the company’s strong fundamentals and prudent risk management.
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The regular tapping of the debt market illustrates Muthoot Capital’s growth ambitions and operational scale.
Industry Context:
The transaction demonstrates continued NBFC activity in India’s evolving credit market and highlights confidence from institutional investors like major employee provident funds.
Source: MarketScreener,
Zerodha