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Updated - June 18, 2026 at 06:57 PM.

Muthoot FinCorp Limited has announced the launch of Tranche IV public issue of NCD’s with a face value of ₹1,000 each, scheduled to open on Friday.

The company said in a release that the net proceeds from the issue are intended to be utilized for the purpose of onward lending, financing and for repayment/prepayment of interest and principal of existing borrowings, and for general corporate purposes.

Muthoot FinCorp aims to raise up to ₹600 crore, which is within the approved shelf limit of ₹3,000 crore.

The NCD Tranche IV issue comprises a base size of ₹200 crore with a green shoe option of ₹400 crore, aggregating up to ₹600 crore. The NCDs offer effective annual yields ranging from 8.84 to 9.25 per cent across multiple tenure options of 24, 36, 60, and 72 months.

The issue will be open to the public till July 3, 2026. These NCDs have been rated Crisil AA/Stable by Crisil Ratings Limited, and BWR AA/Stable” by Brickwork Ratings India Private Limited.

Published on June 18, 2026

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