Mufin Green Finance allots NCDs worth ₹19 crore at 11.70% coupon
Mufin Green Finance has allotted 1,900 secured NCDs worth ₹19 crore through private placement on June 15, 2026. The instruments carry a coupon rate of 11.70% per annum with a tenure of three years, maturing on June 15, 2029. Principal repayment is split into two installments, and the NCDs are listed on BSE Limited.
*this image is generated using AI for illustrative purposes only.
Mufin Green Finance has allotted 1,900 secured, rated, and listed Non-Convertible Debentures (NCDs) worth ₹19 crore through a private placement basis. The allotment, finalized on June 15, 2026, carries a coupon rate of 11.70% per annum to raise capital for the company. The debentures have a face value of ₹1,00,000 each and are secured through the hypothecation of receivables and book debts.
The instruments have a tenure of three years and are set to mature on June 15, 2029. Interest payments will be distributed on a quarterly basis to the holders. The principal repayment is structured in two installments: the first payment of 50% is due on December 15, 2027, followed by the final 50% payment on the maturity date. The company confirmed there are no delays in payments or defaults regarding interest or principal amounts.
Security and Listing Details
The issued NCDs are secured by the hypothecation of receivables and book debts. The securities have been approved for listing on BSE Limited, ensuring liquidity for the holders. The intimation regarding this allotment was submitted to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Terms of the Allotment
The following table summarises the key terms of the NCD allotment:
| Particulars: | Details |
|---|---|
| Type of Instrument: | Non-Convertible Debentures |
| Total Number of NCDs Allotted: | 1,900 |
| Issue Size: | ₹19,00,00,000 |
| Face Value per NCD: | ₹1,00,000 |
| Coupon Rate: | 11.70% per annum |
| Tenor: | 3 Years |
| Allotment Date: | June 15, 2026 |
| Maturity Date: | June 15, 2029 |
| Listing Exchange: | BSE Limited |
| Security: | Hypothecation of Receivables/Book Debts |
Historical Stock Returns for Mufin Green Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.46% | -3.30% | +3.41% | +8.79% | +37.94% | -5.12% |
How will the raised capital be allocated within Mufin Green Finance's business operations?
What impact will the 11.70% coupon rate have on the company's future borrowing costs?
Could this successful NCD issuance lead to larger debt instruments in the near future?
15
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
