Muthoot Capital Services Limited is an Indian company in the BFSI industry with 18 outstanding bonds (ISINs) recorded on this page. It is also the originator behind 17 outstanding pass-through certificates (PTCs) in 12 securitisation trusts: Atreides 2W 2024, Indigo 029, Indigo 041, Indigo 043, Indigo 049, Jolteon 05 2025 and 6 more. Stated coupons on its fixed-rate bonds range from 8.4% to 10.75% a year. Maturity dates run from 20 Nov 2026 to 17 Oct 2031. NSDL records 17 of the 18 whose terms it holds as secured. Latest credit ratings on record: ICRA AA- (Stable) (action dated 30 Oct 2026); CRISIL AA- (Stable) (action dated 1 Oct 2026). Verify current terms against the official documents linked on this page.
Data as of 13 Nov 2026 (snapshot 20261113-2049) · How this page is compiled
Issuer overview
- Outstanding pass-through certificates (ISINs)
- 17
- Pass-through schemes
- Atreides 2W 2024, Indigo 029, Indigo 041, Indigo 043, Indigo 049, Jolteon 05 2025, Montana 09 2024, Newport 03 2025 and 4 more
- Legal name
- Muthoot Capital Services Limited
- CIN
- L67120KL1994PLC007726
- LEI
- 335800CWPDE3KW9Y5M07
- Industry
- BFSI
- Business
- Non-Banking Financial Company (NBFC)
- ISIN issuer codes
- INE296G, INE0S87, INE0UP7, INE14EK, INE18JG, INE1KZV, INE1PUF, INE1V2C, INE21AO, INE27QL, INE2DNY, INE2S0K, INE2U89
- Outstanding bonds (ISINs)
- 18 (plus 17 matured)
- Stated coupons (fixed rate)
- 8.4% – 10.75%
- Maturity dates
- 20 Nov 2026 – 17 Oct 2031
- Secured (NSDL)
- 17 of 18
- Combined issue size of outstanding bonds
- ₹1,866 crore
- Traded on
- BSE, NSE
Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.
Muthoot Capital Services bonds: ISIN, coupon and maturity
18 outstanding bonds, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE296G07218 | NCD | 10% | Yearly | 21 Nov 2024 | 20 Nov 2026 | ₹10,000 | 50.00 | Secured | None recorded | — | CRISIL AA- 9 Jun 2026 |
| INE296G07226 | NCD | 10.4% | Yearly | 2 Dec 2024 | 2 Dec 2026 | ₹25,000 | 110 | Secured | None recorded | — | CRISIL AA- 9 Jun 2026 |
| INE296G07234 | NCD | 9.5% | Yearly | 12 Dec 2024 | 12 Dec 2026 | ₹1,00,000 | 81.00 | Secured | None recorded | BSE | CRISIL AA- 9 Jun 2026 |
| INE296G07135 | NCD | 10% | Yearly | 28 Dec 2023 | 28 Dec 2026 | ₹1,00,000 | 100 | Secured | None recorded | — | CRISIL AA- 9 Jun 2026 |
| INE296G07259 | NCD | 10% | Yearly | 28 Jan 2025 | 28 Jan 2027 | ₹10,000 | 100 | Secured | None recorded | — | CRISIL AA- 9 Jun 2026 |
| INE296G07143 | NCD | 10% | Yearly | 19 Mar 2024 | 19 Mar 2027 | ₹1,00,000 | 100 | Secured | None recorded | — | CRISIL AA- 9 Jun 2026 |
| INE296G07283 | NCD | 10.35% | Yearly | 8 Jul 2025 | 3 Apr 2027 | ₹85,714.29 | 100 | Secured | None recorded | — | ICRA AA- 30 Oct 2026 |
| INE296G07150 | NCD | 10% | Yearly | 16 May 2024 | 16 May 2027 | ₹1,00,000 | 75.00 | Secured | None recorded | BSE | CRISIL AA- 9 Jun 2026 |
| INE296G07275 | NCD | 10% | Yearly | 17 Jun 2025 | 17 Jun 2027 | ₹1,00,000 | 50.00 | Secured | None recorded | BSE | ICRA AA- 30 Oct 2026 |
| INE296G07291 | NCD | 9.5% | Yearly | 23 Jul 2025 | 23 Jul 2027 | ₹1,00,000 | 125 | Secured | None recorded | BSE | CRISIL AA- 9 Jun 2026 |
| INE296G07309 | NCD | 10% | Yearly | 29 Jul 2025 | 29 Jul 2027 | ₹1,00,000 | 150 | Secured | None recorded | — | CRISIL AA- 9 Jun 2026 |
| INE296G07267 | NCD | 10% | Yearly | 27 Feb 2025 | 25 Feb 2028 | ₹1,00,000 | 50.00 | Secured | None recorded | — | CRISIL AA- 9 Jun 2026 |
| INE296G07325 | NCD | 9.25% | Quarterly | 30 Jun 2026 | 30 Jun 2028 | ₹1,00,000 | 150 | Secured | None recorded | BSE | CRISIL AA- 18 Jun 2026 |
| INE296G07341 | NCD | 9.25% | Quarterly | 23 Sep 2026 | 22 Sep 2028 | ₹1,00,000 | 150 | Secured | None recorded | BSE | CRISIL AA- 15 Sep 2026 |
| INE296G07333 | NCD | 9.25% | Yearly | 24 Aug 2026 | 24 Aug 2029 | ₹10,000 | 100 | Secured | None recorded | BSE | CRISIL AA- 14 Aug 2026 |
| INE296G07358 | NCD | 9.25% | Yearly | 14 Oct 2026 | 15 Oct 2029 | ₹10,000 | 200 | Secured | None recorded | BSE | CRISIL AA- 1 Oct 2026 |
| INE296G08026 | NCD | 10.75% | Yearly | 30 Sep 2025 | 28 Mar 2031 | ₹10,000 | 25.00 | Unsecured | None recorded | BSE | CRISIL AA- 9 Jun 2026 |
| INE296G07317 | Bond (NCD) | 8.4% | Yearly | 17 Oct 2025 | 17 Oct 2031 | ₹81,944.43 | 150 | Secured | Partially guaranteed | NSE | CRISIL AA+ (CE) 23 Oct 2025 |
Notes on this table
- Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
- Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
- "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
- Prices and yields are not shown. They change with every trade: see BSE and NSE.
- Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.
Muthoot Capital Services pass-through certificates (PTCs): schemes, ISINs and maturity
17 outstanding PTCs in 12 schemes · by scheme, then maturity
| Scheme | ISIN | Series | Coupon | Maturity | Interest | Trustee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|
| Atreides 2W 2024 | INE0UP715029 | Equity Tranche | — | 15 May 2027 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Indigo 029 | INE14EK15029 | Equity Tranche | 100% | 15 Nov 2027 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Indigo 041 | INE1PUF15013 | Series A1(a) | 9.3% | 20 Aug 2028 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Indigo 041 | INE1PUF15021 | Series A1(b) | 9.9% | 20 Aug 2028 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Indigo 041 | INE1PUF15039 | Series A2 | — | 20 Aug 2028 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Indigo 043 | INE2DNY15013 | Series A1(a) | 9.08% | 20 Dec 2029 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Indigo 043 | INE2DNY15021 | Series A1(b) | 9.9% | 20 Dec 2029 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Indigo 043 | INE2DNY15039 | Series A2 | — | 20 Dec 2029 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Indigo 049 | INE2S0K15031 | Series A2 | — | 20 Jul 2030 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Jolteon 05 2025 | INE21AO15024 | Equity Tranche | 100% | 23 Nov 2028 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Montana 09 2024 | INE18JG15027 | Equity Tranche | 100% | 19 Dec 2027 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Newport 03 2025 | INE1V2C15022 | Equity Tranche | 100% | 19 Sep 2027 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Pegasus 11 2023 | INE0S8715029 | Equity Tranche | — | 15 May 2027 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Springfield 01 2025 | INE1KZV15028 | Equity Tranche | — | 19 Jul 2028 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Summit 2025 | INE27QL15015 | Series A1a | 8.65% | 23 Nov 2028 | As per payout schedule | Mitcon Credentia Trusteeship Services Limited | Not traded | — |
| Summit 2025 | INE27QL15031 | Series A2 | 11% | 24 Nov 2028 | — | Mitcon Credentia Trusteeship Services Limited | Not traded | — |
| Umbreon 03 2026 | INE2U8915027 | Equity Tranche | — | 20 Jul 2030 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
Notes on this table
Each scheme is a securitisation trust with its own ISIN issuer code. PTCs usually repay part of the principal every month as the pool pays down, so the amount outstanding is lower than the amount issued. Coupons are as recorded by CDSL, NSDL or the exchanges; for an equity or junior tranche there may be no fixed coupon. Ratings of PTCs carry the suffix "(SO)". Series, trustee and originator are from CDSL's list of securitised debt instruments where it has the ISIN; schemes held at NSDL are listed when they trade or are placed on BSE.
Private placements and disclosure documents
From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.
Muthoot Capital Services bonds: questions and answers
What bonds has Muthoot Capital Services Limited issued?
Muthoot Capital Services Limited has 18 outstanding bonds recorded on this page. By type, as described by NSDL: 17 NCDs, 1 bond (ncd). 17 further ISINs on record have passed their maturity dates and are not counted as outstanding.
What are the ISINs of Muthoot Capital Services Limited bonds?
Its 18 outstanding bonds each have their own ISIN, for example INE296G07218, INE296G07226, INE296G07234. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE296G / INE0S87 / INE0UP7 / INE14EK / INE18JG / INE1KZV / INE1PUF / INE1V2C / INE21AO / INE27QL / INE2DNY / INE2S0K / INE2U89.
What coupon rates do Muthoot Capital Services Limited bonds pay?
Stated coupons on its fixed-rate outstanding bonds range from 8.4% to 10.75% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.
When do Muthoot Capital Services Limited bonds mature?
Its outstanding bonds have maturity dates from 20 Nov 2026 to 17 Oct 2031. The bond table lists the maturity date of each ISIN.
What is the latest credit rating of Muthoot Capital Services Limited bonds?
NSDL India Bond Info records ICRA AA- (Stable) (action dated 30 Oct 2026); CRISIL AA- (Stable) (action dated 1 Oct 2026) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.
Are Muthoot Capital Services Limited bonds secured, unsecured or guaranteed?
NSDL records 17 of the 18 outstanding bonds whose terms it holds as secured and 1 as unsecured. One is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.
Where can investors find the original disclosure documents for Muthoot Capital Services Limited bonds?
Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.
How can investors check the current market price or yield of Muthoot Capital Services Limited bonds?
This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.
Which pass-through schemes are listed under Muthoot Capital Services Limited?
Muthoot Capital Services Limited has 12 schemes with outstanding pass-through certificates on this page: Atreides 2W 2024, Indigo 029, Indigo 041, Indigo 043, Indigo 049, Jolteon 05 2025, Montana 09 2024, Newport 03 2025, Pegasus 11 2023, Springfield 01 2025, Summit 2025 and Umbreon 03 2026, with 17 outstanding PTC ISINs in all.
What is a pass-through certificate (PTC)?
A pass-through certificate is a debt security issued by a securitisation trust. A lender sells a pool of loans or receivables to the trust, and the trust passes the repayments it collects to the certificate holders. Payments depend on how the pool performs and on any credit enhancement, not on the general funds of the lender. Ratings of PTCs carry the suffix "(SO)", structured obligation.
Sources and dates
- NSDL India Bond Info: bond terms, issuer identity and ratings by ISIN
- BSE and NSE: bonds that have traded, and their exchange listings
- CDSL: list of securitised debt instruments (pass-through certificates, with trust, series, trustee and originator)
- BSE: privately placed debt securities
- Methodology: how these pages are compiled and checked
Data as of 13 Nov 2026 (snapshot 20261113-2049). Facts on this page last changed on 13 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.


