Mumbai, April 23 -- Muthoottu Mini Financiers has announced the public issue of 20 lakh Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1000 each for an amount aggregating up to Rs 200 crore.

The base size issue is Rs 100 crore, with an option to retain over-subscription up to an additional Rs 100 crore (Green Shoe Option) aggregating up to Rs 200 crore.

The issue is scheduled to open on 23 April 2025 and close on 7 May 2025, with an option of early closure or extension.

There are 6 series of NCDs carrying fixed coupons and having a tenure of 18 months, 24 months, 36 months, 48 months and 60 months with monthly and annual interest payment options.

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