Mumbai, Dec. 4 -- Muthoot Mercantile has announced the public issue of 15 lakh Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1000 each for an amount aggregating up to Rs 150 crore.

The base size issue is Rs 75 crore, with an option to retain over-subscription up to an additional Rs 75 crore (Green Shoe Option) aggregating up to Rs 150 crore.

The issue is scheduled to open on 04 December 2025 and close on 17 December 2025, with an option of early closure or extension.

There are five series of NCDs carrying fixed coupons and having a tenure of 400 days, 24 months, 36 months, 60 months and 75 months with monthly, and cumulative interest payment options.

An effective yield (per annum) for the NCD holders in ...