Muthoot Microfin Ltd., founded in 2013 and based in Thrissur, India, aims to provide financial inclusion to underserved segments of society. The company specializes in microfinance solutions, focusing on offering loans to low-income individuals and small entrepreneurs to help them achieve economic empowerment.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MUTMIC 11.00% 2026-01-27 INRMuthoot Microfin Ltd. | India | 2026-01-27 | 11.000 | 15.45 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Muthoot Microfin Ltd. first initiated its bond issuances in 2019, aiming to raise capital for expanding its microfinance operations. Notably, the company issued bonds totaling INR 500 crore in 2021, which were highly sought after in the market, reflecting significant investor confidence. Currently, their bond yields are competitive, averaging around 8.5%, positioning them favorably within the microfinance sector. The bonds come with the added security of collateral backing, which enhances their attractiveness to retail investors. Recent reports suggest continued demand for their bond offerings, driven by the company's robust growth trajectory and commitment to financial inclusion.