Muthoot Capital Services Gains After Raising ₹40 Crore via NCDs

Muthoot Capital Services Ltd. saw a slight uptick in its stock price following the successful fundraising of ₹40 crore through Non-Convertible Debentures (NCDs). The stock is currently trading at ₹270.50 on the BSE, marking a 0.41% increase from its previous close of ₹269.40.

Muthoot Capital Services
Muthoot Capital Services

Stock Performance & Market Activity

📈 Stock Price Movement:

  • Current Price: ₹270.50 (+0.41%)
  • Day’s High/Low: ₹275.05 / ₹266.95
  • 52-Week High: ₹405.70 (26-Sep-2024)
  • 52-Week Low: ₹254.95 (18-Feb-2025)
  • Market Cap: ₹444.25 crore

📊 Shareholding Structure:

  • Promoters: 62.62%
  • Institutional Investors: 2.73%
  • Non-Institutional Investors: 34.65%

₹40 Crore Raised Through NCDs – Key Details

Muthoot Capital Services has successfully raised ₹40 crore through the issuance of:
4,000 Rated, Listed, Senior, Secured, Redeemable, Taxable NCDs
Face Value: ₹1,00,000 per NCD
Tenor: 36 months from the date of allotment
Coupon Rate: 10% p.a., payable annually
Listing: Proposed to be listed on BSE

The Debenture Issue and Allotment Committee approved the allotment on February 27, 2025, ensuring the funds are utilized as per the strategic growth plans of the company.

Strengthening Financial Position & Growth Prospects

This successful fundraising enhances Muthoot Capital’s liquidity and enables further expansion in its lending portfolio. The company’s strong promoter holding and disciplined financial management continue to bolster its market confidence and investor interest.

BREAKING NEWS:
Sara Shines in Royal Look at Brother’s Mehndi Ceremony “UTS App shutting down March 1; switch to Railone!” Realme C83 5G launching in India on March 7!