Muthoot Mcred Limited

Muthoot Mcred Limited is an Indian company in the BFSI industry (formerly Muthoottu Mini Financiers Ltd and Muthoottu Mini Financiers Private Limited) with 22 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 9.25% to 10% a year. Maturity dates run from 6 Feb 2027 to 30 Oct 2029. NSDL records 20 of the 22 whose terms it holds as secured. Latest credit ratings on record: ICRA A (Stable) (action dated 28 Jul 2026); CARE A (Stable) (action dated 26 Dec 2025). 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

Legal name
Muthoot Mcred Limited
Formerly
Muthoottu Mini Financiers Ltd; Muthoottu Mini Financiers Private Limited
CIN
U65910KL1998PLC012154
LEI
335800NAOPEBJAAFR188
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE101Q
Outstanding bonds (ISINs)
22 (plus 4 matured)
Stated coupons (fixed rate)
9.25% – 10%
Maturity dates
6 Feb 2027 – 30 Oct 2029
Secured (NSDL)
20 of 22
Combined issue size of outstanding bonds
₹3,226 crore
Traded on
BSE

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 Mcred bonds: ISIN, coupon and maturity

22 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE101Q07AZ8 NCD 9.75% Yearly 6 Feb 2025 6 Feb 2027 ₹1,00,000 100 Secured Guaranteed BSE CARE A 26 Dec 2025
INE101Q07AQ7 NCD 10% Yearly 25 Apr 2024 25 Apr 2027 ₹1,00,000 75.00 Secured None recorded BSE CARE A 26 Dec 2025
INE101Q07BH4 NCD 9.75% Yearly 12 Jun 2025 12 Jun 2027 ₹1,00,000 60.00 Secured Guaranteed BSE ICRA A 28 Jul 2026
INE101Q07BL6 NCD 9.25% Yearly 29 Aug 2025 29 Aug 2027 ₹1,000 96.22 Secured None recorded BSE ICRA A 28 Jul 2026
INE101Q07BO0 NCD 9.25% Yearly 18 Sep 2025 18 Sep 2027 ₹10,000 50.00 Secured Guaranteed BSE ICRA A 28 Jul 2026
INE101Q07BQ5 NCD 9.25% Yearly 27 Oct 2025 27 Oct 2027 ₹10,000 90.00 Secured Guaranteed — ICRA A 28 Jul 2026
INE101Q07BT9 NCD 9.25% Yearly 13 Nov 2025 13 Nov 2027 ₹1,00,000 50.00 Secured None recorded — ICRA A 28 Jul 2026
INE101Q07AY1 NCD 9.5% Yearly 19 Nov 2024 18 Nov 2027 ₹1,000 33.16 Secured None recorded BSE CARE A 26 Dec 2025
INE101Q07BU7 NCD 9.25% Yearly 13 Jan 2026 13 Jan 2028 ₹10,000 200 Secured Guaranteed — ICRA A 28 Jul 2026
INE101Q07BS1 NCD 9.3% Yearly 27 Oct 2025 27 Jan 2028 ₹10,000 180 Secured Guaranteed BSE ICRA A 28 Jul 2026
INE101Q07BY9 NCD 9.25% Yearly 25 Feb 2026 25 Feb 2028 ₹10,000 150 Secured Guaranteed BSE ICRA A 28 Jul 2026
INE101Q08209 NCD 9.25% Yearly 25 Feb 2026 25 Feb 2028 ₹10,000 350 Unsecured Guaranteed — ICRA A 18 Feb 2026
INE101Q07BV5 NCD 9.25% Yearly 18 Mar 2026 18 May 2028 ₹10,000 50.00 Secured Guaranteed BSE ICRA A 28 Jul 2026
INE101Q07BX1 NCD 9.3% Yearly 18 Mar 2026 17 Jun 2028 ₹10,000 200 Secured Guaranteed BSE ICRA A 28 Jul 2026
INE101Q07BI2 NCD 10% Yearly 27 Jun 2025 27 Jun 2028 ₹10,000 35.00 Secured None recorded BSE ICRA A 28 Jul 2026
INE101Q08191 NCD 9.65% Yearly 25 Feb 2026 25 Aug 2028 ₹10,000 180 Unsecured Guaranteed — ICRA A 18 Feb 2026
INE101Q07BM4 NCD 9.75% Yearly 29 Aug 2025 29 Aug 2028 ₹1,000 86.90 Secured None recorded BSE ICRA A 28 Jul 2026
INE101Q07BW3 NCD 9.65% Yearly 18 Mar 2026 18 Sep 2028 ₹10,000 210 Secured Guaranteed BSE ICRA A 28 Jul 2026
INE101Q07BR3 NCD 9.75% Yearly 27 Oct 2025 27 Oct 2028 ₹10,000 130 Secured Guaranteed BSE ICRA A 28 Jul 2026
INE101Q07CA7 NCD 9.3% Yearly 20 May 2026 20 Nov 2028 ₹10,000 300 Secured Guaranteed BSE ICRA A 28 Jul 2026
INE101Q07CB5 NCD 9.3% Yearly 7 Aug 2026 7 Aug 2029 ₹10,000 400 Secured Guaranteed BSE ICRA A 28 Jul 2026
INE101Q07CC3 NCD 9.25% Yearly 28 Oct 2026 30 Oct 2029 ₹10,000 200 Secured Guaranteed BSE ICRA A 28 Jul 2026
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 Mcred credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
ICRA A Stable Reaffirm 28 Jul 2026 19 Verified by NSDL · Checked 7 Nov 2026
CARE A Stable Upgrade 26 Dec 2025 3 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
28 Jul 2026 ICRA A Stable Reaffirm
18 Feb 2026 ICRA A Stable Reaffirm
26 Dec 2025 CARE A Stable Upgrade
16 Oct 2025 ICRA A Stable Reaffirm
16 Jul 2025 CARE A- Stable Reaffirm
27 Mar 2025 ICRA A Stable New
21 Mar 2025 CARE A- Stable Reaffirm
3 Jan 2025 CARE A- Stable Reaffirm
4 Oct 2024 CARE A- Stable Reaffirm
30 Sep 2024 CARE A- Stable New
20 Sep 2024 CARE A- Stable Reaffirm
5 Jul 2024 CARE A- Stable Reaffirm
4 Apr 2024 CARE A- Stable New
1 Apr 2024 CARE A- Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: ICRA, CARE

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
28 Oct 2026 INE101Q07CC3 30 Oct 2029 Placement memorandum on BSE
7 Aug 2026 INE101Q07CB5 7 Aug 2029 Placement memorandum on BSE
20 May 2026 INE101Q07CA7 20 Nov 2028 Placement memorandum on BSE
18 Mar 2026 INE101Q07BV5 18 May 2028 Placement memorandum on BSE
18 Mar 2026 INE101Q07BX1 17 Jun 2028 Placement memorandum on BSE
18 Mar 2026 INE101Q07BW3 18 Sep 2028 Placement memorandum on BSE
25 Feb 2026 INE101Q08209 25 Feb 2028 Placement memorandum on BSE
25 Feb 2026 INE101Q08191 25 Aug 2028 Placement memorandum on BSE
13 Jan 2026 INE101Q07BU7 13 Jan 2028 Placement memorandum on BSE
13 Nov 2025 INE101Q07BT9 13 Nov 2027 Placement memorandum on BSE
27 Oct 2025 INE101Q07BQ5 27 Oct 2027 Placement memorandum on BSE
27 Oct 2025 INE101Q07BS1 27 Jan 2028 Placement memorandum on BSE
27 Oct 2025 INE101Q07BR3 27 Oct 2028 Placement memorandum on BSE
18 Sep 2025 INE101Q07BO0 18 Sep 2027 Placement memorandum on BSE
27 Jun 2025 INE101Q07BI2 27 Jun 2028 Placement memorandum on BSE
12 Jun 2025 INE101Q07BH4 12 Jun 2027 Placement memorandum on BSE
6 Feb 2025 INE101Q07AZ8 6 Feb 2027 Placement memorandum on BSE
13 Sep 2024 INE101Q07AS3 13 Sep 2026 Placement memorandum on BSE
25 Apr 2024 INE101Q07AQ7 25 Apr 2027 Placement memorandum on BSE
28 Feb 2024 INE101Q07AP9 27 Feb 2026 Placement memorandum on BSE
12 Jan 2024 INE101Q07AO2 31 Dec 2025 Placement memorandum on BSE
10 Nov 2023 INE101Q07AN4 10 Nov 2023 Placement memorandum on BSE

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 Mcred bonds: questions and answers

What bonds has Muthoot Mcred Limited issued?

Muthoot Mcred Limited has 22 outstanding bonds recorded on this page. By type, as described by NSDL: 22 NCDs. 4 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Muthoot Mcred Limited bonds?

Its 22 outstanding bonds each have their own ISIN, for example INE101Q07AZ8, INE101Q07AQ7, INE101Q07BH4. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE101Q.

What coupon rates do Muthoot Mcred Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 9.25% to 10% 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 Mcred Limited bonds mature?

Its outstanding bonds have maturity dates from 6 Feb 2027 to 30 Oct 2029. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Muthoot Mcred Limited bonds?

NSDL India Bond Info records ICRA A (Stable) (action dated 28 Jul 2026); CARE A (Stable) (action dated 26 Dec 2025) 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 Mcred Limited bonds secured, unsecured or guaranteed?

NSDL records 20 of the 22 outstanding bonds whose terms it holds as secured and 2 as unsecured. 16 are 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.

Is Muthoot Mcred Limited the same company as Muthoottu Mini Financiers Ltd?

Yes. Muthoot Mcred Limited was formerly known as Muthoottu Mini Financiers Ltd and Muthoottu Mini Financiers Private Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U65910KL1998PLC012154.

Where can investors find the original disclosure documents for Muthoot Mcred 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 Mcred Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE, 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.

Sources and dates

Data as of 13 Nov 2026 (snapshot 20261113-2049). Facts on this page last changed on 9 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.

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Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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