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APPLICATION FORM
MUTHOOT FINANCE LIMITED (ONLY FOR RESIDENT APPLICANTS)
Our Company was originally incorporated as a private limited company on March 14, 1997 under the provisions of the Companies Act, 1956, with the
name “The Muthoot Finance Private Limited”. Subsequently, by a fresh certificate of incorporation dated May 16, 2007, our name was changed to ISSUE OPENS ON : TUESDAY, AUGUST 23, 2011
“Muthoot Finance Private Limited”. Our Company was converted into a public limited company on November 18, 2008 with the name “Muthoot Finance

MUTHOOT FINANCE LIMITED - NON-CONVERTIBLE DEBENTURES (“NCDs”) Limited” and received a fresh certificate of incorporation consequent to change in status on December 02, 2008 from the Registrar of Companies, Kerala
and Lakshadweep. For further details regarding changes to the name and registered office of our Company, see section titled “History and Main Objects”
on page 107 of the Prospectus. Registered and Corporate Office: Muthoot Chambers, Opposite Saritha Theatre Complex, 2nd Floor, Banerji Road,
Kochi 682 018, India. Tel: (91 484) 239 4712; Fax: (91 484) 239 6506; Website: www.muthootfinance.com; Email: [email protected].
ISSUE CLOSES ON : MONDAY, SEPTEMBER 05, 2011
Application No.
Company Secretary and Compliance Officer: Rajesh A.; Tel: (91 484) 353 5533; Fax: (91 484) 239 6506; E-mail: [email protected]
PUBLIC ISSUE BY MUTHOOT FINANCE LIMITED, (“COMPANY” OR “ISSUER”) OF SECURED NON-CONVERTIBLE DEBENTURES OF FACE VALUE OF ` 1,000 EACH,
(“NCDs”), AGGREGATING UPTO ` 5,000 MILLION WITH AN OPTION TO RETAIN OVER-SUBSCRIPTION UPTO ` 5,000 MILLION FOR ISSUANCE OF ADDITIONAL NCDS
AGGREGATING TO A TOTAL OF UPTO ` 10,000 MILLION, HEREINAFTER REFERRED TO AS THE “ISSUE”.
CREDIT RATING : [ICRA] AA- (STABLE) BY ICRA FOR AN AMOUNT OF UPTO ` 10,000 MILLION AND CRISIL AA-/STABLE BY CRISIL FOR AN AMOUNT OF UPTO ` 10,000 MILLION
Lead Manager’s /Co-Lead Manager’s/Broker’s Name & Code Sub-Broker’s/ Agent’s Code Bank Branch Stamp Bank Branch Serial No. Date of Receipt

SMC GLOBAL SECURITIES LTD

23/07714-31
To, The Board of Directors, MUTHOOT FINANCE LIMITED, Registered and Corporate Office: Muthoot Chambers, Opposite Saritha Theatre Complex, 2 n d Floor, Banerji Road, Kochi 682 018, India.
Dear Sirs,
Having read, understood and agreed to the contents and terms and conditions of Muthoot Finance Limited’s Prospectus dated August 10, 2011, (“Prospectus”) I/We hereby apply for allotment to me/us; of the under mentioned NCDs out of the Issue. The amount payable on application for the below mentioned NCDs is remitted herewith. I/We
hereby agree to accept the NCDs applied for or such lesser number as may be allotted to me/us in accordance with the contents of the Prospectus subject to applicable statutory and/or regulatory requirements. I/We irrevocably give my/our authority and consent to IDBI Trusteeship Services Limited, to act as my/our trustees and for doing
such acts and signing such documents as are necessary to carry out their duties in such capacity. I/We acknowledge that the NCDs will be pari passu with other secured creditors and will have priority over unsecured creditors. I/We confirm that: I am/We are Indian National(s) resident in India and I am/ we are not applying for the said NCDs
as nominee(s) of any person resident outside India and/or Foreign National(s). I/We further confirm that applications made by me/us do not exceed the investment limit on the maximum number of NCDs which may be held by me/us under applicable statutory and/or regulatory requirements.
Notwithstanding anything contained in this form and the attachments hereto, I/we confirm that I have carefully read and understood the contents, terms and conditions of the Prospectus, in their entirety and further confirm that in making my/our investment decision: (i) I/we have relied on my/our own examination of the Company and the terms
of the Issue, including the merits and risks involved, (ii) our/my decision to make this application is solely based on the disclosures contained in the Prospectus, (iii)my/our application for NCDs under the Issue is subject to the applicable statutory and/or regulatory requirements in connection with the subscription to Indian securities by me/us,
(iv) I/we am/are not persons resident outside India and/or foreign nationals within the meaning thereof under the Foreign Exchange Management Act, 1999, as amended and rules regulations, notifications and circulars issued thereunder, and (v) I/we have obtained the necessary statutory and/or regulatory permissions/consents/approvals in connection
with applying for, subscribing to, or seeking allotment of NCDs pursuant to the Issue.
Please fill in the Form in English using BLOCK letters Date d d / m m / 2011
APPLICANTS’ DETAILS
NAME OF SOLE/FIRST APPLICANT Mr./Mrs./Ms. AGE years
NAME OF GUARDIAN Mr./Mrs./Ms. DATE OF BIRTH d d m m y y y y
(In case of minor only) (Compulsory for minor)
ADDRESS
(of Sole / First Applicant)

Pin Code
City (Compulsory) Telephone E-mail

SECOND APPLICANT Mr./Mrs./Ms.

THIRD APPLICANT Mr./Mrs./Ms.

OTHER DETAILS OF SOLE/FIRST APPLICANT CATEGORY (Please 3 )
o Public Financial Institution o Commercial / Co-operative / Regional Rural Bank o Provident Fund, Pension Fund, Superannuation Fund and Gratuity Fund o National Investment Fund
Category I
o Statutory Corporation o Venture Capital funds registered with SEBI o Insurance Companies registered with the IRDA o Mutual Funds
Category II o Companies / Bodies Corporate / Registered Societies o Public/Private Charitable/Religious Trusts o Scientific and/or Industrial Research Organisations
o Partnership Firms in the name of the partner o Limited liabiity partnership o Resident Indian Individual with aggregate Application Amt. above ` 500,000 o HUF through the Karta with aggregate Application Amt. above ` 500,000
Category III o Resident Indian Individual with aggregate Application Amt. up to ` 500,000 o HUF through the Karta aggregate Application Amt. up to ` 500,000
DEPOSITORY PARTICIPANT DETAILS
Depository Name (Please 3) National Securities Depository Limited (NSDL) Central Depository Services (India) Limited (CDSL)
Depository Participant Name

DP - ID I N
Beneficiary Account Number (16 digit beneficiary A/c. No. to be mentioned above)
TEAR HERE

INVESTMENT DETAILS
Options I II COMMON TERMS OF THE ISSUE: III
Issuer : Muthoot Finance Limited
Frequency of Interest Payment Annual Annual Stock Exchanges proposed Annual
: NSE and BSE, NSE being
Designated Stock Exchange
Face Value & Issue Price (` / NCD) (A) ` 1,000 ` 1,000 ` 1,000 for listing of the NCDs
Minimum Application ` 5,000/- (5 NCDs) (for all options of NCDs, namely Options I, Issuance and Trading : Compulsorily in dematerialised form
Option II, and Option III either taken individually or collectively) Trading Lot : 1 (one) NCD
Depositories : NSDL and CDSL
In Multiples of ` 1,000 (1 NCD) Security : Security for the purpose of this Issue will be created in accordance with
the terms of the Debenture Trust Deed. For further details please refer to the
Credit Rating - ICRA ‘[ICRA] AA-(stable)’ for an amount of upto ` 10,000 Million section on “Security” on page 194 of the Prospectus.
Rating : For further details please refer to page 275 to 282 of the Prospectus.
Credit Rating - CRISIL ‘CRISIL AA-/Stable’ for an amount of upto ` 10,000 Million
Issue Schedule* : The Issue shall be open from August 23, 2011 to
Coupon (%) per annum September 05, 2011 with an option to close earlier and/or extend upto a period as
may be determined by a duly authorised committee of the Board constituted by
Coupon Rate (%) for NCD Holders in Category I 11.75% 12.00% 12.00% resolution of the Board dated July 25, 2011.
Interest on Application Money : 8% per Annum from the date of realization of the
Coupon Rate (%) for NCD Holders in Category II 12.00% 12.25% 12.25% cheque(s)/demand draft(s) or after 3 (three) days from the date of receipt of the
application. For further details please see General Instruction no. 39.
Coupon Rate (%) for NCD Holders in Category III 12.00% 12.25% 12.25% Interest on Refund Money : 8% per Annum from the date of realization of the
cheque(s)/demand draft(s) or after 3 (three) days from the date of receipt of the
Effective Yield (%) (per annum) application, subject to invalid or withdrawn application. For further details please
see General Instruction no. 39.
Effective Yield (%) for NCD Holders in Category I 11.75% 12.00% 12.00% Pay-in Date : 3 (Three) Business Days from the date of reciept of application or
the date of realisation of the cheques/demand drafts, whichever is later.
Effective Yield (%) for NCD Holders in Category II 12.00% 12.25% 12.25% Deemed Date of Allotment : Deemed date of allotment shall be the date as
decided by the duly authorised committee of the Board constituted by resolution
Effective Yield (%) for NCD Holders in Category III 12.00% 12.25% 12.25% of the Board dated July 25, 2011, and as mentioned on the Allotment Advice /
regret.
Tenor 24 months 36 months 60 months *The subscription list for the Issue shall remain open for subscription at
the commencement of banking hours and close at the close of banking
Redemption Date 24 months from the Deemed 36 months from the Deemed 60 months from the Deemed hours on the dates indicated above or earlier or on such date as may
be decided at the discretion of the duly authorised committee of Directors
Date of Allotment Date of Allotment Date of Allotment constituted by resolution of the Board dated July 25, 2011, subject to
necessary approvals. In the event of such early closure of subscription
Redemption Amount (`/Per NCD) Repayment of the Face Value plus any interest that list of the Issue, our Company shall ensure that notice of such early
may have accrued at the Redemption Date. closure is given on the day of such early date of closure through
advertisement/s in a leading national daily newspaper.
Submission of Application Forms : All Application Forms duly completed together
No of NCDs applied for (B) with cheque/bank draft for the amount payable on application must be delivered
before the closing of the subscription list to any of the Bankers to the Public Issue
or collection centre(s)/agent(s) as may be specified before the closure of the
Amount Payable ( `) (A x B) Issue. Applicants at centres not covered by the branches of collecting banks can
send their forms together with a cheque/draft drawn on/payable at a local bank in
Mumbai to the Registrar to the Issue by registered post. For the purposes of the
basis of allotment, the date on which the cheque is received by the Registrar
Total Number of NCDs (I+II+III) pursuant to an Application, shall be deemed to be the date on which the Application
was made. For further details please see General Instruction no. 46.
Grand Total (I+II+III) (`) Additional Applications : An applicant is allowed to make one or more applications
for the NCDs for the same or other series of NCDs. For further details please see
General Instruction no. 56.
PAYMENT DETAILS (See General Instruction no. 52)
Total Amount Payable
(` in figures) (` in words) Cheque / Demand Draft No. _________________________________________ Dated ____________________/ 2011

Drawn on Bank__________________________________________________________________________________________

Branch__________________________________________________________________________________________________
• Please Note : Cheque / DD should be drawn in favour of “Escrow Account Muthoot Finance NCD Public Issue” by all applicants. It should be crossed “A/c Payee only”. • Please write the sole/first Applicant’s name, phone no. and Application no. on the reverse of Cheque/DD.
• Demographic details will be taken from the records of the Depositories for purpose of refunds, if any. • Bank details will be obtained from the Depositories for payment of Interest / refund / redemption as the case may be.
SOLE/FIRST APPLICANT SECOND APPLICANT THIRD APPLICANT
PERMANENT ACCOUNT NUMBER (Mandatory)
See General Instruction no. 50

SIGNATURE(S)

TEAR HERE
ACKNOWLEDGEMENT SLIP MUTHOOT FINANCE LIMITED Date d d / m m / 2011
Registered and Corporate Office: Muthoot Chambers, Opposite Saritha Theatre Complex, 2nd Floor,
ACKNOWLEDGEMENT
SLIP FOR APPLICANT

Banerji Road, Kochi 682 018, India. Tel: (91 484) 239 4712; Fax: (91 484) 239 6506;
Website: www.muthootfinance.com; Email: [email protected]. Application No.
Company Secretary and Compliance Officer: Rajesh A.; Tel: (91 484) 353 5533; Fax: (91 484) 239
6506; E-mail : [email protected]
Received From
Options Face Value No. of NCDs Amount Payable (` )
Cheque/Demand Draft No. Dated 2011 Bank's Stamp & Date
(A) applied for (B) (A x B)
I ` 1000/- Drawn on (Name of the Bank and Branch)

II ` 1000/-
All future communication in connection with this application should be addressed to the
Registrar to the Issue LINK INTIME INDIA PRIVATE LIMITED, C-13, Pannalal Silk Mills Compound,
III ` 1000/- L.B.S. Marg, Bhandup (West), Mumbai 400 078, India. Tel: (91 22) 2596 0320, Fax: (91 22) 2596
0329, Toll Free: 1-800-22-0320, Email: [email protected], Investor Grievance
Email: [email protected], Website: www.linkintime.co.in, Contact Person: Sachin Achar, SEBI
Grand Total (I+II+III) (`) Registration No.: INR000004058 Quoting full name of Sole/First Applicant, Application No., Type of
options applied for, Number of NCDs applied for, Date, Bank and Branch where the application was
Acknowledgement is subject to realization of Cheque / Demand Draft. submitted and Cheque/Demand Draft Number and name of the Issuing bank.
While submitting the Application Form, the Applicant should ensure that the date stamp being put on the Application Form by the Bank matches with the date stamp on the Acknowledgement Slip.

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 MUTHOOT FINANCE LIMITED : APPLICATION FORMS AVAILABLE AT FOLLOWING LOCATIONS
LEAD MANAGERS TO THE ISSUE / LEAD BROKERS TO THE ISSUE
ICICI SECURITIES LIMITED
AGRA: ICICI Securities Ltd,13A, 1St Floor, Sadar Bazar,,AGRA - 282002,Tel - 9219439387 / 9759215745; AHMEDABAD: ICICI Securities Ltd,2nd Floor, Parth Complex Swastik Char Rasta,AHMEDABAD - 380006,Tel - 079-64501168 ;ICICI Securities Ltd,Shop No. 1,2,3,4,Suvas Complex, 1St Floor Above ICICI Bank,Opp. Rajasthan Hospital Shahibaug.,AHMEDABAD - 380004,Tel - 079-65411338 / 9099935130;ICICI Securities
Ltd,Sardar Centre, Grd Floor Shop no. 31 to 35 Near Vastrapur Lake,Vastrapur,AHMEDABAD - 380015,Tel - 079-40035920 / 9909949567;ICICI Securities Ltd,Ground Floor Shop No 39,40,41,42 Sarjan 2, 100 Feet Road,Sarjan 2,New C.G Road,Chandkheda,AHMEDABAD - 382424,Tel - 079-65445296 / 9099011188;ICICI Securities Ltd,First Floor, Shop No. 106/107 Krishnabaug Char Rasta Kesharkunj Complex
Maninagar,AHMEDABAD - 380008,Tel - 079-65411235;ICICI Securities Ltd,Ground Floor, Shop No 4 & 5 Shilp Corner, Subhash Chowk Gurukul Road, Memnagar,AHMEDABAD - 380052,Tel - 079-40059883 / 9909949593;ICICI Securities Ltd,First Floor Shop No 119 Akshar Commercial Complex Nr.Shivranjani Cross Road Satellite Road,AHMEDABAD - 380015,Tel - 079-40060134 / 8980019084;ICICI Securities Ltd,Shop
no 6, Sun complex, C.G. Road,,AHMEDABAD - 380009,Tel - 079-64501668 / 9909949547; AJMER : ICICI Securities Ltd,1St Floor, 17/517, Kutchery Road,,AJMER - 305001 ; ALLAHABAD: ICICI Securities Ltd,27/17, 1St Floor, Algin Road, Civil Lines,,ALLAHABAD - 211001,Tel - 9918200285; AMRITSAR: ICICI Securities Ltd,3, Lawrence Road,AMRITSAR - 143002,Tel - 0183-5019992 / 9988850455; AURANGABAD: ICICI Securities
Ltd,Gr. Floor, Ghai Chambers, Jalna Road,,AURANGABAD - 431001,Tel -7875442347; BANGALORE : ICICI Securities Ltd,Aum Plaza, Second Floor, No. 76, 3Rd Cross, Residency Road,,BANGALORE - 560025;ICICI Securities Ltd,147, First Floor, Anjaneya Complex, Hal Airport Road, Near Petrol Pump,,BANGALORE - 560017,Tel - 9742271595;ICICI Securities Ltd,No. 46, 100 Feet Road, First Floor, Koramangala, 6th
Block,,BANGALORE - 560095,Tel - / 9620372979;ICICI Securities Ltd,No.20, 1St Main, Gandhinagar,BANGALORE - 560009,Tel - / 9886534636;ICICI Securities Ltd,No. 121, Atr Complexe Airport Road, Murugesh Palaya,BANGALORE - 560017,Tel - 080-64528748; ICICI Securities Ltd,290/1, 11Th Cross Wilson Garden,BANGALORE - 560027,Tel - 080-64526482 / 9620378191;ICICI Securities Ltd,No 72/1-
B,Kanakapura,Mani Road Jarganahalli,BANGALORE - 560078,Tel - 080-41461441 / 9742269513;ICICI Securities Ltd,6/1, Ghandi Bazar First Floor,Basavanagudi Main Road, Gandhi Bazar.,BANGALORE - 560004,Tel - 080-41692569 / 9916301350;ICICI Securities Ltd,First Floor, No: 430/363 Nh7, Santhey Circle,Ballary Road Yelalhanka,BANGALORE - 560063,Tel - 080-41686223 / 9742038864;ICICI Securities
Ltd,#105, A.E.C.S. Layout 2Nd Stage 5Th Main Post Officeroad Sanjay Nagar Main Road,BANGALORE - 560094,Tel - 080-64526801 / 9742399044;ICICI Securities Ltd,First floor No. 209, New BEL Road,BANGALORE - 560054,Tel - 080-41675355 / 9538889297;ICICI Securities Ltd,1039/B,2Nd Floor 2Nd Main, Near Manovana Bus Stand, Vijaynagar,BANGALORE - 560040,Tel - 080 41270890 / 9916102953;ICICI Securities
Ltd,Second Floor, No:4C-402 HRBR Layout Kamanahalli II Block,BANGALORE - 560043,Tel - 080-64526802 / 9739232850;ICICI Securities Ltd,No:399 ,White Gold,1St Floor 24Th Cross, Bhanashankari II Stage,BAN GALORE - 560070,Tel - 080-26713969 / 9742022590;ICICI Securities Ltd,First Floor, No 81/B 22Nd Cross Jaya Nagar, 3Rd Block,BANGALORE - 560041,Tel - 080-41308445 / 9886636398;ICICI Securities
Ltd,First Floor,135/5, 15Th Cross, 100 Ft Ring Road,3Rd Phase J P Nagar,BANGALORE - 560078,Tel - 080-41208808 / 9620267021;ICICI Securities Ltd,First Floor No.50 Little Plaza, , Cunningham Road,,BANGALORE - 560052,Tel - 080-41231688 / 9986098910;ICICI Securities Ltd,Sriranga Complex, No. 77, First Floor, Dr. Modi Road, 2Nd Stage West of Chord Road,,BANGALORE - 560086,Tel - 080-64526798 /
9742256071;ICICI Securities Ltd,First Floor, No.778/A, Chinnaswamy Chambers, off CMH Road Indira Nagar.,BANGALORE - 560038,Tel - 080-41261159 / 9886398853;ICICI Securities Ltd,First Floor, No. 9/1, Cambridge Road Layout, First Cross,,BANGALORE - 560008,Tel - 080-64526810 / 9986772226;ICICI Securities Ltd,First Flr, CNN & Yashosha Complex,No.87 , HBCS Layout, Near West Of Chord Road Shankarmath
Circle, Opp Chord Hospital, Basweswar Nagar,,BANGALORE - 560079,Tel - 080-41288270 / 9620221935;ICIC I Securities Ltd,73/1-1, Krishna , Infantry Road,BANGALORE - 560001,Tel - 080-65317814 / 9739006838; BELGAUM : ICICI Securities Ltd,F- 2,3,6 & F-7, First Floor, Sunrays Square Complex, 219/1(Part), Khanapur Rd, Tilakwadi,,BELGAUM - 590004 ; BHOPAL : ICICI Securities Ltd,B-16, Indrapuri,BHOPAL -
462001;ICICI Securities Ltd,2, Malviya Nagar, Opp. Old Vidhan Sabha,,BHOPAL - 462001,Tel - 7566668242;ICICI Securities Ltd,1St Floor, Bhopal Plaza, Near Bhopal Talkies, Hamidia Road,,BHOPAL - 462001 BIKANER: ICICI Securities Ltd,Gr. Floor, 44, Panchshati Circle, Sadulganj,,BIKANER - 334001,Tel - 9783733888; CHANDIGARH: ICICI Securities Ltd,Sco 62, Sec - 47C,,CHANDIGARH - 160047 ; CHENNAI: ICICI Securities
Ltd,No. 228, Thambu Chetty Street, Parrys,CHENNAI - 600001,Tel - / 9176992510;ICICI Securities Ltd,Shop No. 2, Century Plaza,560-562,Annasalai, Teynampet,CHENNAI - 600018,Tel - / 91-9176721055;ICICI Securities Ltd,Ground Floor, No. 17 Arunachalam Road Saligramam,CHENNAI - 600093,Tel - 044-23460253 / 9176695275;ICICI Securities Ltd,1,3Rd Cross Street Kasturibai Nagar, Adyar,CHENNAI - 600020,Tel -
044 23460211 / 9745001664;ICICI Securities Ltd,PVM Complex, Plot No 1& 2, VGP Vimala Nagar, Velachery Main Road, Medavakkam,,CHENNAI - 600100,Tel - 044-22772691; ICICI Securities Ltd,475 Kilpauk Garden Road, Kilpauk,CHENNAI - 600010,Tel - 044 23460234 / 9176635417;ICICI Securities Ltd,Flat No 4, 70/ 27 North Mada Street Mylapore,CHENNAI - 600004,Tel - 044-23460202 ;ICICI Securities Ltd,First
Floor,New No. 87/2, Old No. 6/17 Annasalai Mount Road.,CHENNAI - 600002,Tel - 044-23460220 ;ICICI Securities Ltd,405, Tiruvalluvar Salai Mogappair,Paneer Nagar,CHENNAI - 600037,Tel - 044-24360227 / 9962542518;ICICI Securities Ltd,Ground Floor, Plot No. 1072 Munusamy Salai, Next to Pondicherry Guest House, West K K Nagar,CHENNAI - 600078,Tel - 044-23460262 / 9962590369;ICICI Securities Ltd,Ashok
Sriranga, No.1 9Th Street, Nanganallur,CHENNAI - 600061,Tel - 044 23460211 / 9176690368;ICICI Securities Ltd,Deju Plaza, No.4 South Avenue, Srinagar Colony, ( Near Saidapet Court ), Saidapet.,CHENNAI - 600015,Tel - 044-43546139 / ;ICICI Securities Ltd,Shop No. 10 & 11 Arihant Vaikunt, No 123, Brick Kiln Road, ‘Purasawalkkam ,,CHENNAI - 600007,Tel - 044-43546139 / 9176635425; COIMBATORE: ICICI Securities
Ltd,444, X-Cut Road, Gandhipuram, Coimbatore,COIMBATORE - 641012,Tel - / 9962565754; CUTTACK: ICICI Securities Ltd,1St Floor, Plot No. 37 & 38, Dolamundai Post Office - Telenga Bazar,,CUTTACK - 753009,Tel - / 7873033301; DEHRADUN: ICICI Securities Ltd,81A, Rajpur Road, Uttam Place, Dehradun,,DEHRADUN - 248001,Tel - / 9720105410; FARIDABAD: ICICI Securities Ltd,Gr. Floor, SCO No-13,HUDA Market
complex Sector-16 Nr Green Channel Resturant,FARIDABAD - 121002,Tel - 0129 -4079265 ;ICICI Securities Ltd,Ground Floor, SCO 52, HUDA Market, Sector-29.,FARIDABAD - 121008,Tel - 4108033 / 9873519019; GUNTUR: ICICI Securities Ltd,H.No. 5-37-57, 417 Line Road, Ground Floor, Brodipet Main Road, Brodipet,,GUNT UR - 522002 ; GURGAON : ICICI Securities Ltd,Sco 4, Sector 14,,GURGAON - 120001,Tel -91-
9582794625;ICICI Securities Ltd,F - 6,7, 1St Floor, Raheja Square, I.M.T, Manesar,GURGAON - 122001 ; ICICI Securities Ltd,A-4,5, DLF Shopping Mall Arjun Marg, DLF City-I,GURGAON - 122002,Tel - 0124-4381240 / 9582217612; GUWAHATI: ICICI Securities Ltd,3rd & 4th Floor, D.R.Braj Mohan Building, Opp. Abc Bus Stand G.S.Road,,GUWAHATI - 781005,Tel - / 9836329955; HUBLI: ICICI Securities Ltd,KVM PLAZA,1st Floor
Next to JTK Show Room, Club Road (Bellow VLCC),HUBLI - 580029,Tel - 0836-4265221 / 9739906417; HYDERABAD: ICICI Securities Ltd,Ground Floor,Survey No.19/A,Ward No1 D. No. 4-65/5, Street No,8 Habsiguda,SECU NDERABAD - 500007,Tel - 9160993822;ICICI Securities Ltd,A-G-1 & A-G-2, Conjeevaram House, Padmarao Nagar.,SECUNDERABAD - 500025,Tel - 040-64530500 ;ICICI Securities Ltd,Ground Floor, Plot
No 29 Opp. Cyber Towers Hi- Tech City,Madhapur,SECUNDERABAD - 500033,Tel - 040-64530444 / 7799883904;ICICI Securities Ltd,D No. 3-6-100/B, Ground Floor, Opp. Vijaya Bank, West Marredpally,SECUNDERABAD - 500026,Tel - 040-64530429 / 7799881747;ICICI Securities Ltd,Groud Flr,D.No:1-8-138 To 143, Krishna Castle, Besi - Heritage Flights ,Penderghast Road,,SECUNDERABAD - 500003,Tel - 040-64530400
/ 8142045304;ICICI Securities Ltd,214 MIG KPHB Colony, Road No.1,Near KPHB Kaman, Kukatpalli,HYDERABAD - 500072,Tel - 040-64530432;ICICI Securities Ltd,Plot No 3 & 4 Sreerama Towers, Opp: Andhra Bank Miyapur.,HYDERABAD - 500049,Tel - 040-64530492 / 9642328110;ICICI Securities Ltd,First Floor, Concourse Building Opp:Meridian Plaza,Green Lands Road, Ameerpet,HYDERABAD - 500016,Tel - 040-
64530418 / 9642328160;ICICI Securities Ltd,32/3RT, First Floor Municipal No.7-1-261/92E Sanjeeva Reddy Nagar,Opp Nest Apartment,HYDERABAD - 500038,Tel - 040-64530497 / 9052001697;ICICI Securities Ltd, Ground Floor, Plot No-03 Kimtee Banjara Heights Road No-12, Banjara-Hills,HYDERABAD - 500034,Tel - 040-64530477;ICICI Securities Ltd,First Floor, 6-3-111 Amrutha Mall Somajiguda,HYDERABAD -
500082,Tel - 040-64530440 / 9160993839;ICICI Securities Ltd,First Floor,B- 44 Journalist Colony Film Nagar Road, Jubilee Hills,HYDERABAD - 500016,Tel - 040-64530463 / 9703219476;ICICI Securities Ltd,Ground Floor, 11-4-659 Bhavya Farooqi Splendid Towers Red Hills,Lakdikapool,HYDERABAD - 500004,Tel - 040-64530474 / 9642328177;ICICI Securities Ltd,Ground Floor, 101 & 102 Prashanthi Ram
Towers,Behind Saradhi Studio Yellareddy Guda.,HYDERABAD - 500073,Tel - 040-64530456 / 8142333502;ICI CI Securities Ltd,1St Floor,3-6-517,Shop No-103 Sai Datta Arcade, Himayatnagar, Main Road,HYDERABAD - 500029,Tel - 040-64530452 / 7799883915;ICICI Securities Ltd,D No. 2-2-1130/25A, Chintala Arcade Sivam Main Road, Prasanth Nagar New Nalllakunta,HYDERABAD - 500044,Tel - 040-64530412 /
9642328111;ICICI Securities Ltd,1St Floor,Shop No.1,2&3 Sreeram Rama Towers, Chaitanyapuri, Dilsukhnagar,HYDERABAD - 500060,Tel - 040-64530404 / 8886064167;ICICI Securities Ltd,D. No. 19-64, 1St Floor, Prasanna Heights Brundavan Colony, Opp. A. S Rao Nagar Colony,HYDERABAD - 500062,Tel - 040-64530409 / 9703218716; INDORE : ICICI Securities Ltd,Ug-6, Ug-7, Shekhar Residency, Opp Hotel Forture
Land Mark, Scheme - 54, Sector F,,INDORE - 452001,Tel -9584460468;ICICI Securities Ltd,UG 5/6, Royal Road Gold, A.Y.N.Road,,INDORE - 452001,Tel - 731-4205430 / 9584460466; JABALPUR: ICICI Securities Ltd,655, Napier Town, Katanga Gorakhpur Crossing,,JABALPUR - 462001; JAIPUR: ICICI Securities Ltd,A-2, Lal Kothi Shopping Center Near Lakshmi Mandir Cinema Tonk Road,JAIPUR - 302015,Tel - 0141-4027618
/ 9772202981;ICICI Securities Ltd,Shop No. G-8,G-9 Vaishali Tower II Vaishali Nagar, Nursery Circle,JAIPUR - 302021,Tel - 0141-4027601 / 9772202012;ICICI Securities Ltd,Gr.Floor, Opp. G. P. O. M I Road,JAIPUR - 302001,Tel - 0141-4027611 / 9983311226;ICICI Securities Ltd,G-34,Ganpati Paradise, Central Spine, Vidhyadhar Nagar,JAIPUR - 302023,Tel - 0141-5119281 / 9549659869; JALANDHAR: ICICI Securities
Ltd,1St Floor, 4410, Dyal Nagar, Near Adarsh Nagar,,JALANDHAR - 144008;ICICI Securities Ltd,188, Model Town,,JALANDHAR - 144001; JAMNAGAR: ICICI Securities Ltd,Plot No. 1, Office No. 6, 1St Floor, Mirambika Commercial Estate, Opp. Ril Main Gate, Moti Khavadi,,JAMNAGAR - 361140 ;ICICI Securities Ltd,3Rd Floor, Cross Road Complex, Opp. D. K.V. College, Bedi Bunder Road,,JAMNAGAR - 361008,Tel - / 9909999082;
JODHPUR: ICICI Securities Ltd,Gul-Indi Bhawan, 1st Floor, Plot No. 9/A/B/I and III, Ratanada, Nr. Punjab National Bank, Ratanada Road,,JODHPUR - 342001,Tel - / 9982665511;KANPUR: ICICI Securities Ltd,111/432, 80 Ft Road, Ashok Nagar,,KANPUR - 208001,Tel - / 9721458473; KOCHI : ICICI Securities Ltd,1St Floor, Prabhus Towers, Mg Road, North End,,KOCHI - 682035,Tel - / 9846755221;ICICI Securities Ltd,44/2102-C,
Deshabhimani Junction, Kaloor,,KOCHI - 682017,Tel - / 9846495206; KOLKATA: ICICI Securities Ltd,46 C, Jawaharlal Nehru Road, 15A, Everest House,KOLKATA - 700071;ICICI Securit ies Ltd,Dn 52, Salt Lake City, Sector V,KOLKATA - 700091,Tel - 9674725699;ICICI Securities Ltd,Gr. And 2Nd Floor, 97/4, B.T. Road,,KOLKATA - 700090,Tel - 9674725716;ICICI Securities Ltd,95, Dumdum Road,,KOLKATA - 700074,Tel -
9830549993;ICICI Securities Ltd,BJ -110, Sector 2 Salt Lake City,KOLKATA - 700091,Tel - 033-64522475;ICICI Securities Ltd,Victoria Plaza,385 Garia Main Road,KOLKATA - 700084,Tel - 033-64506571 / 9674725734;ICICI Securities Ltd,112A, Third floor, Rash Behari Avenue,KOLKATA - 700029,Tel - 033 ? 65502101 / 8697704210;ICICI Securities Ltd,30-G, Chowringee Mansion,J L Nehru Road Park Street.,KOLKATA -
700016,Tel - 033-22275034 / 9830674730;ICICI Securities Ltd,Sriniketan,Howrah AC Market 20, Dobson R oad,Tel - 033-64509810 / 8697704211; LUCKNOW: ICICI Securities Ltd,First And Second Floor, Speed Building, 3, Shahnajaf Road,LUCKNOW - 226001,Tel - 9721455147;ICICI Securities Ltd,S/268, E Block Market Awasthi Complex,Rajajipuram,LUCKNOW - 226017,Tel - 0522-4046306 / 8601804317;ICICI Securities
Ltd,Ground Floor, Landmark Arcade2 Badshah Nagar Crossing Faizabad Road,LUCKNOW - 226006,Tel - 0522-4047519 / 8601804310; LUDHIANA: ICICI Securities Ltd,830/5, Doogrey Road, Model Town,,LUDHIANA - 141002 ;ICICI Securities Ltd,Sayal Complex, Near Cycle Market, Gill Road,,LUDHIANA - 141001,Tel - 9988881402; MADURAI: ICICI Securities Ltd,1St Floor, No. 466, 467 A.R. Complex K.K. Nagar, Madurai
625020 Tamilnadu,MADURAI - 625020,Tel - 8939994289; MEERUT: ICICI Securities Ltd,P P Plaza Plot No. 177/1 Mangal Pandey Nagar,MEERUT - 250005,Tel - 0121-4022012 / 9759010925; MOHALI : ICICI Securities Ltd,SCF 15,16,17 Phase-10 Mohali,MOHALI - 160060,Tel - 0172-5051351 / 9646059503; MUMBAI: ICICI Securities Ltd,163 Backbay Reclamation, H. T. Parikh Marg,, ICICI CENTRE - CHURCHGATE, MUMBAI-
400020; ICICI Securities Ltd, Shree Sawan Knowledge Park, Gr. Floor, Plot No. D-507, T.T.C Industrial Area, M.I.D.C, Turbhe, Near Juinagar Railway Station; ICICI Securities Ltd,Shop No. 1, Bhomi Tower, Sec - 4, Plot No. 28, Kharghar,,NAVI MUMBAI - 410210,Tel - 9920131643;ICICI Securities Ltd,Gr. Floor Tulsi Pooja Shopping Center New Panvel (E).,NAVI MUMBAI - 410206,Tel - 022 65143687 / 9619793738;ICICI Securities
Ltd,Apsara Building Shop No. 4, Sector - 17, Vashi.,NAVI MUMBAI - 400702,Tel - 022 67124805 / 9833774125;ICICI Securities Ltd,Shop No.6,7 & 8,Ground Flr. Vaishnavi Tower,Sector-44 Nerul (W).,NAVI MUMBAI - 400706,Tel - 022 65143650 / 9619140868;ICICI Securities Ltd,Shop No 4,5,6,7 Roop Maya Co-Op Hsg.Soc., Sector 6 Airoli,NAVI MUMBAI - 400708,Tel - 022 65143243 / 9930469001;ICICI Securities Ltd,2Nd
Floor, Patel Complex, Mamlatdarwadi, Malad (West),,MUMBAI - 400064;ICICI Securities Ltd,Shop No. 1,2,3,4, Shagun Mall, Dindoshi, Gokul Dham, Goregaon (E),,MUMBAI - 400063,Tel - 9920335615;ICICI Securities Ltd,Ground Floor Jayshree Plaza L.B.S. Marg, Bhandup (W),MUMBAI - 400078 ;ICICI Securities Ltd, Shop No. 9,10 Meriline Corner, Near Sion Circle Sion (E),MUMBAI - 400022 ;ICICI Securities Ltd,227, Gr. Floor,
G-2A, Nariman Bhavan, Nariman Point,MUMBAI - 400021 ;ICICI Securities Ltd,Gr. Floor, Shop No. 2, Grace Chamber, Amrit Nagar, Chakala, Andheri (E),,MUMBAI - 400093,Tel - 9619125722;ICICI Securities Lt d,1, Tulsiani Chamber, Gr. Floor, 212, Free Press Journal Road, Nariman Point,,MUMBAI - 400021;ICICI Securities Ltd,11/14, Gokul Arcade, Subhash Road Corner, Opp Hsbc, Swami Nityanand Road, Andheri
(E),MUMBAI - 400069;ICICI Securities Ltd,Radha Kunj, Azadnagar, Vile Parle West,MUMBAI - 400056,Tel - 022 66712660 / 9930262411;ICICI Securities Ltd,Gr Floor, Devraj Mall, Krishna Kunj Hsg Soc. Harishankar Joshi Road, Opp. Madhuram Hall, Dahisar (E).,MUMBAI - 400068,Tel - 022 65973037 ;ICICI Securities Ltd,Gr.Floor,Shop No.7,8,9, Anand Vatika Siddharth Nagar, Nr City Centre, S V Road Goregaon (W), MUMBAI
- 400062,Tel - 022-65145413 / 9930469052;ICICI Securities Ltd,Ground Floor Jayshree Plaza L.B.S. Marg, Bhandup (W),MUMBAI - 400078,Tel - 022-67252071 ;ICICI Securities Ltd,1A&2, Balaji Arcade S.V Road Kandivili (W),MUMBAI - 400067,Tel - 022-67252026;ICICI Securities Ltd,Shop No. 26, 27 & 51, Gr.Floor, Ashoka Shopping Centre LT Marg, GT Hospital Compound Marine Lines,MUMBAI - 400002,Tel - 022-
65972151 / 9920551996;ICICI Securities Ltd,56/57, Saraf Choudhari Nagar Co. Op. Soc., Thakur Complex Kandivali East,MUMBAI - 400101,Tel - 022-65972165;ICICI Securities Ltd,Shop No. 1 & 2, Dilkush Bungalow J. P. Road, Andheri West,MUMBAI - 400058 ;ICICI Securities Ltd,Shop no. 9,10 Meriline Corner, N ear Sion Circle SION (E),MUMBAI - 400022,Tel - 022 65972877;ICICI Securities Ltd,Jaya Apartments, R B Mehta
road, Near Patel Chowk, Ghatkopar (E),MUMBAI - 400075,Tel - 022-65972581 / 9619597194;ICICI Securities Ltd,Shop no 11, Megh Apartment Junction of factory lanes & LT road,,MUMBAI - 400092,Tel - 9930258026;ICICI Securities Ltd,1st Floor, Gopi Cinema Mall,,DOMBIVALI - 421202,Tel - 9769209603; MYSORE : ICICI Securities Ltd,D. No. 86/3A, Panabvati Circle, Kalidasa Road, Jayalakshmipuram,,MYSORE -
570012,Tel - 9916606944;ICICI Securities Ltd,Natraj Aracade, # MIG 35, Urs Road, First floor, HUDCO 1st stage, Kuvempunagar, Opp. Akshay Bhandar,MYSORE - 570023 ;NAGPUR: ICICI Securities Ltd,Ganesh Heights Kotwal Nagar Ring Road, Khamla,NAGPUR - 440015,Tel - 0712 - 6452494 / 9673333725;ICICI Securities Ltd,Ground Floor Plot No.263 &264 BrijBhumi Complex.,NAGPUR - 440008,Tel - 0712-6631611;
NASIK: ICICI Securities Ltd,Shop No. 67, 68, Vasant Market, Canada Corner,,NASIK - 422002,Tel - 9765494734;NEW DELHI: ICICI Securities Ltd,B-1,B-2, Third Floor, Above Hot Spot,Janakpuri,NEW DELHI - 110058,Tel - 011-64546535 ;ICICI Securities Ltd,1St, 2Nd, 3Rd Floor, D-58, Defence Colony,,NEW DELHI - 110024;ICICI Sec urities Ltd,E-1, 2Nd Floor, Jhandewalan Extn.,NEW DELHI - 110055 ;ICICI Securities Ltd,J2/21, 1St
Floor, Rajouri Garden,,NEW DELHI - 110027,Tel - 7838500049;ICICI Securities Ltd,114/115,1St Floor,Arunachal Bldg 19 Barakhamba Road,Connaught Place,NEW DELHI - 110001;ICICI Securities Ltd,Shop No. 1, I Pocket, Dilshad Garden,,NEW DELHI - 110095,Tel - 9582200473;ICICI Securities Ltd,1St Floor, 46, Dohil Chambers, Nehru Place,,NEW DELHI - 110018,Tel - 9582146762 ;ICICI Securities Ltd,Shop No. 45 & 46,
Tilak Nagar,,NEW DELHI - 110018,Tel - / 9582947953;ICICI Securities Ltd,179 - 182, Dda Office Complex Rajendra Bhawan Rajendra Palace,NEW DELHI - 110008,Tel - / 7838090625;ICICI Securities Ltd,Plot No. 13, Community Centre, New Friends Colony,NEW DELHI - 110065,Tel - 011- 41672696 / 8860081436;I CICI Securities Ltd,First Floor (Left Side) DDA Shopping Complex Alaknanda,NEW DELHI - 110019,Tel - 011 -
41767514 / 9873420524;ICICI Securities Ltd,Ground Floor 3C/4, New Rohtak Road,NEW DELHI - 110005,Tel - 9910990777 / 9999351142;ICICI Securities Ltd,Gr. Floor 30/5,Nangia Park Circle Shakti Nagar,NEW DELHI - 110007,Tel - 011- 47013716 / 9999283746;ICICI Securities Ltd,Unit F-7,8,9,10,11,12,13,14 Malik Buildcon Plaza-2 Pocket-V Sec 12, Dwarka,NEW DELHI - 110075,Tel - 011- 45537264 / 9873232440;ICICI
Securities Ltd,Ground Floor & Upper, 22 Central Market Ashok Vihar,NEW DELHI - 110052,Tel - 011-47023584 / 9999766912;ICICI Securities Ltd,Ground Floor, Rohini Sector-9, Near Kadambri CGHS Ltd,NEW DELHI - 110085,Tel - 9910692511 / 9582202002;ICICI Securities Ltd,Gr. Floor , 1St Floor, Plot No-10, LSC Rajdhani Enclave, Vikas Marg, RAJDHANI ENCLAVE, NEAR KARKARDOOMA,NEW DELHI - 110092,Tel -
9971091474 / 9999219797;ICICI Securities Ltd,Ground Floor 4435-3/6, Portion 4/7 Ansari Road, Next to Corrporation Bank ATM, Daryaganj,NEW DELHI - 110002,Tel - 011-43540813;ICICI Securities Ltd,Ground Floor & First Floor Plot No 17, Community Center Mayapuri,NEW DELHI - 110064,Tel - 011-45501297 / 9999592704;ICICI Securities Ltd,Ground Floor Plot no-8A Block No.E,Hauz Khas,NEW DELHI - 110016,Tel -
011-41654853 / 9873557811;ICICI Securities Ltd,1st Floor, Shop No. 39 Pushpa Market, Lajpat nagar II,NEW DELHI - 110024,Tel - 9910692530 / 9999035683;ICICI Securities Ltd,Building No 4, 1St Floor, SMR House, Basant Lok Vasant Vihar,NEW DELHI - 110057,Tel - 011-46039807;ICICI Securities Ltd,Ground Floor & Mezzanine, 29, Community Centre, Naraina Industrial Estate, Phase - I,NEW DELHI - 110028,Tel - 011-
45009954;ICICI Securities Ltd,Ground Floor & Mezzanine, Ab-11,Community Center Safdarjung Enclave,NEW DELHI - 110029,Tel - 011-46026136 / 9582947952;ICICI Securities Ltd,Ground Floor, Plot No. 24 ,25, LSC Mayur Vihar-II,NEW DELHI - 110091,Tel - 011-43306905 ;ICICI Securities Ltd,Ground Floor, UG-05,Upper Gr. Floor,Vikas Surya Plaza, 7 Community Centre, Road No. 44, Pitam Pura, Rani Bagh,NEW DELHI -
110034,Tel - 011-42644297 / 9999039664;ICICI Securities Ltd,Gr. & 1st Floor,Premises No F-3/28, Abadi Krishna Nagar,Shahdara Village Ghondali,,NEW DELHI - 110051,Tel - 011-22097257 / 9999169986; NOIDA : ICICI Securities Ltd,16, 15, 14, & 12-A, Ground Floor, Msx Tower Ii,,GREATER NOIDA - 201306,Tel - / 9811482354; ICICI Securities Ltd,214 To 217, Second Floor Krishna Apra Plaza, Sector-18,Plot-3,NOIDA -
201301,Tel - 0120-4273206 / 9582101014;ICICI Securities Ltd,B 1/34-35,Central Market Sector-50,NOIDA - 201301,Tel - 9810139014 / 9999369855; PONDICHERRY: ICICI Securities Ltd,Gr. Floor, Avn Plaza, 100 Ft Road Gayatri Nagar, Mudaliarpet,PONDICHERRY - 605004,Tel - 9176590062; PUNE : ICICI Securities Ltd,1st and 2nd Floor, Kondan Building, Plot No-36, Opp. Maratha Chamber of Commerce, Tilak road -
Swargate,PUNE - 411002,Tel - 020-64016010 ;ICICI Securities Ltd,Gr. Floor, Aditya Business Center, A.N. 1A(Part), Kondhwa Khurd,,PUNE - 411048 ;ICICI Securities Ltd,510 & 511, City Tower, 5Th Floor, 17, Dhole Patil Road, Boat Club Road,,PUNE - 411001 ;ICICI Securities Ltd,Ground Floor, near Vishal Megamart, KPCT B Wing S No.16,Hisa No.1/1,CTS No.912,Wanawadi Fatimanagar.,PUNE - 411040,Tel - 020-64009551
;ICICI Securities Ltd,Shop No 1 & 2 Gr. Floor Sneh Bldg, Cts No 1404 Near Jamtani Cross, Pimpri,PUNE - 411017,Tel - 020-26451574 / 9923201041;ICICI Securities Ltd,Groud Floor, Premsagar,H Wing Near PCMC Auditorium Chinchwad,PUNE - 411033,Tel - 020-27463416;ICICI Securities Ltd,Gr.Floor, 86A,Survey N o.390/1684-1 M.G.Road, Opp. Kohinoor Restaurant, Camp,PUNE - 411001,Tel - 020 64000284 /
9673333741;ICICI Securities Ltd,Gr. Floor & Basement Pramila Apt, Plot No. 16, Beside Hotel Kamat, D ahanukar Colony Circle, Kothrud,PUNE - 411029,Tel - 020-64000279 / 9673339534;ICICI Securities Ltd,Gr. Floor & Mezzanine,Krishnakunj, S No.211 Hissa No. 2E, Plot No. 17 Kalyaninagar, Yerwada,PUNE - 411006,Tel - 020-64000280;ICICI Securities Ltd,Office No.3, Teddies Apartment Opp. Gera Junction,
Kondhawa,PUNE - 411048,Tel - 020 64789996 / 9765567947;ICICI Securities Ltd,RAMA S.No 682/A, CTS No 1048 Plot No 49, Chatrapati Rajaram Co-Op Hou.Soc Jedhenagar,Bibwewadi,PUNE - 411037,Tel - 020-64780045 / 9158882629;ICICI Securities Ltd,Ground Floor, Sheetal Plaza CTS No. 1125,Final Plot No.499 Model Colony, Shivajinagar,Bhamburda,PUNE - 411016,Tel - 020-64009581 / 7798981537;ICICI
Securities Ltd,Ground Floor Abhimanshree Apartments-2 Condominium Bhuvaneshwar Society, Aundh,PUNE - 411007,Tel - 020-64009578 / 9158882678; RAIPUR: ICICI Securities Ltd,Maruti Business Park, Ff-03, Ge Road,,RAIPUR - 492001,Tel - 9713556444;ICICI Securities Ltd,Millenium Plaza, 3rd Floor, Near India Coffee House, G. Road,,RAIPUR - 492001; RAJAHMUNDRY : ICICI Securities Ltd,Door No: 46-22-11, Karrisu
Reddy Plaza, Danavaipeta, East Godavari District,,RAJAHMUNDRY - 533103,Tel - 9160993820; RAJKOT: ICICI Securities Ltd,1st Floor, Shantiniketan Complex 150 Feet Ring Road Opposite KKV Hall,RAJKOT - 360007,Tel - 0281-6451154 / 9727739840;RANCHI: ICICI Securities Ltd,First Floor, Ranchi Club Complex , Main Road,RANCHI - 834001,Tel - 7631998820;ICICI Securities Ltd,2Nd Floor, Municipal Holding No.-22, Ward
No.-26, Diversion Road, Doranda,,RANCHI - 834002 ;SALEM: ICICI Securities Ltd,1st floor, 270/1, Bharathi Street, Swarnapuri,,SALEM - 636004,Tel - 8939973745;SHIMLA: ICICI Securities Ltd,6, Sunbreeze Building, Sanjauli Chowk,,SHIMLA - 171006 ; SILIGURI: ICICI Securities Ltd,2Nd Floor, Kelson Complex, Sevoke Road,,SILIGURI - 734001; SURAT: ICICI Securities Ltd,1St Floor Viishal Chambers Nr. Athwagate
Charrasta,Besides Sardar Bridge,SURAT - 395001,Tel - 0261-6548407 / 8980037168;ICICI Securities Ltd, G/10, 11, 12 Sarthi Complex Hira Baug, Warachha,SURAT - 395006,Tel - 0261-6548438 / 8980037180; THANE : ICICI Securities Ltd,Ground Floor, Galleria, Talao Pali,,THANE - 400602 ;ICICI Securities Ltd,1St Floor, Office No. 2 Gaurangi Chambers, Opp. Damani Estate L.B.S. Marg.,THANE - 400602,Tel - 022-
66736689;ICICI Securities Ltd,Olympia Bldg Poonam Sagar Mira Road (East),THANE - 401107,Tel - 022-65972171;ICICI Securities Ltd,Ground Floor, Block 1, Shop No 3,Emerald Plaza Hiranandani Meadows,Glady Alvares Marg Off Pokhran Road No. 2,Thane (W),THANE - 400610,Tel - 022-67252084 / 9930468334; TRICHUR : ICICI Securities Ltd,R.V.Trade Centre Third Floor,Patturaickal, Tel - 9995429332 / 0-
9946341850;TIRUPATI: ICICI Securities Ltd,Gr.Flr D/o: 19-3-12/J4 Ramanuja Circle, Tirchanoor Road,,TIRUPATI - 517501,Tel - 7799017079;TIRUPUR: ICICI Securities Ltd,The Coocoon,No.56/1, Sabari Salai, Binny Compund,,TIRUPUR - 641601,Tel - 8939991489; TRICHY : ICICI Securities Ltd,Gr. Floor, No. B14Colony Main Road, Thillai Nagar,TRICHY - 620017,Tel - 8939994272;THIRUVANANTHAPURAM: ICICI Securities Ltd,2
Nd Floor,Kamala Towers , Vazhuthacaud,,TRIVANDRUM - 695014,Tel - 9846009791;UDAIPUR : ICICI Securities Ltd,Sf, 5C, Madhuvan, Above Kotak Mahindra Bank,,UDAIPUR - 313001,Tel - 7665003109;VADODARA: ICICI Securities Ltd,Rutukalash Complex, Gr Floor Shop No 7,8,9 Tulsidham Char rasta Manzalpur,VADODARA - 390011,Tel - 0265 6566911 / 9909947875;ICICI Securities Ltd,Amrapali Complex, 1St Floor, Shop
No. 142, 143, 144, 145, 146, Water Tank Road, Karelibaug.,VADODARA - 390018,Tel - 0278-2433288 / 8980022359;ICICI Securities Ltd,Ground Floor, Gardenview Chambers,Opp Kala Ghoda Circle Sayajiganj,VADODARA - 390005,Tel - 0256-6540546 ;VARANASI: ICICI Securities Ltd,21/2A, 1St Floor, Karnachha Rathyatra Road,,VARANASI - 221001,Tel - 9918200365; VIJAYAWADA: ICICI Securities Ltd,29-6-31, 1St
Floor, Sai Srinivasa Shopping Complex, Nakkal Road, Suryaraopet,,VIJAYAWADA - 520001,Tel - 9160993807;VISAKHAPATNAM : ICICI Securities Ltd,1-83-43, 1St Floor, Narendra Polyclinic Building, M V P Colony.,VISAKHAPATNAM - 530017,Tel - 0891-6520468 / 7799017078;
HDFC SECURITIES LIMITED
Agra : Hdfc Securities Ltd, 2nd Floor, Deepak Wasan Plaza, 17/2/4,Sanjay Place, Agra Ahmedabad : HDFC Securities Limited, 212, ISCON Centre, Shiv Ranjani Char Rasta, Satellite Road, Ahmedabad - 380015 Amritsar : HDFC Securities Limited, SCO - 5, D. S. C.Ranjit Avenue, Amritsar - 143001 Anand : HDFC Securities Limited, Office No. 206, 2nd Floor, Madhav Complex, Grid Cross Road, Anand 388 001, Gujarat. Aurangabad :
HDFC Securities Limited, Office A - 8, 1st floor, A wing, Gurunath Sankul,Shriram Chowk, Shreya Nagar, kalda Corner, Aurangabad - 431005. Bangalore : HDFC Securities Limited, Mount Kailash, 33/5, B-Wing, Gr. Flr.,Meanee Avenue Road, Ulsoor, Nr. Lake Side hospital, Bangalore - 560042 Belgaum : HDFC Securities Limited, CTS No. 5854, Congress Road, Tilakwadi, Belgaum - 590006 Bharuch : HDFC Securities Limited, 3rd
floor, Akshat Plaza, Above HDFC Bank, Near Link Road, Bharuch - 392001. Bhavnagar : HDFC Securities Limited, Office no. 7, 1st floor, Gopi Arcade, Waghawadi Road, Bhavnagar - 364002. Bhubaneswar : HDFC Securities Limited, Plot No. 10, District Centre, Chandrashekharpur, Bhubaneshwar - 751021 Calicut : HDFC Securities Limited, Techno Chemical Ind. Techno Top Bldg., V.M. Basheer Road, Calicut - 673001 Chennai :
HDFC Securities Limited, Aysha Complex, 2 nd Floor, 208, Anna Salai, Chennai - 600 006 Coimbatore : HDFC Securities Limited, Ashirwad, 36, D. B. Road, R.S. Puram, Coimbotore - 641002 Cuttack : HDFC Securities Ltd,M/s Royal Tower, Link Road Square, 2nd floor Madhupatna Cuttack 753010 Orissa Davanagere : HDFC Securities Ltd. 289/4,AM Arcade, 2nd Floor,C.g.Hospital Road,Davangere,Karnataka 577002 Dhanbad :
HDFC Securities Ltd. , 2nd Floor, Commerce House 2,Shastri Nagar,Dhanbad - 826001 Durgapur : HDFC Securities Ltd,Kwality Hotel complex,1st floor,Bhiringi more,Nachan rd,Durgapur -713213 Erode : HDFC Securities Limited, Lotus Enclave, 456, First Flr., Brough Road, Erode - 638001 Faridabad : HDFC Securities Limited, 1st Floor, 5 R/2, NIT, NH 5, Badshah Khan Chowk, Faridabad - 121001, Haryana Gulbarga : HDFC
Securities Limited,, Asian Plaza, 2nd floor, Timmapuri Chowk,Station Road, Gulberga 585102 Guntur : HDFC Securities Limited, Door no. 6-19-35, 1st Floor, 13 lane, Above Timex Watch Store, Main Road, Arundalpet, Guntur - 522002 Guwahati : HDFC Securities Limited, 1st Floor, Pushpanjali Complex, 126, G.S. Road, Bhangagarh, Village Japorigog, Mouza Beltola, District Kamrup, Guwahati 781 005 Gurgaon : HDFC
Securities Limited, O- 139, 1st floor, DLF Shopping Mall, DLF Phase -1, Gurgaon - 122002, Haryana Hyderabad : HDFC Securities Ltd., Ground Floor, 7-1-210, Ameerpet, Hyderabad - 500016 Indore : HDFC Securities Limited, Portion 102/103, 1st floor, Sterling Arcade, Plot no. 15/3, Race Course Road, Indore, M. P. 452001. Jaipur : HDFC Securities Limited, B-5, Lalkothi, District Shopping Centre, Tonk Road, Jaipur - 320015
Jalandhar : HDFC Securities Limited, Landmark, 2nd floor ( front side), 188-A, Model Town, Jalandhar 144001 Punjab Jamnagar : HDFC Securities Limited, Office No. 401, 4th Floor, “MADHAV SQUARE”, Limda Line Road, Opp. Avantika Complex, Jamnagar - 361001 Jamshedpur : HDFC Securities Ltd, 2ND Floor,Shaurya Arcade , New SNP area,sakchi,Jamshedpur-831001 Jodhpur : HDFC Securities Limited, 3rd floor, 178,
Narayanam, Upper Chopasni Road, Jodhpur - 342003. Kanpur : HDFC Securities Ltd. 515 & 516 Kan Chamber1 14/113 Civil Lines Kanpur - 208001 Kochi/Ernakulam : HDFC Securities Limited, Sudhas Bldg,2nd Floor, Madhav Pharmacy Junction, Bannerjee Road, Ernakulam , Cochin - 682018 Kolhapur : HDFC Securities Limited, Office No. 7A, 1st Floor, Gemstone, 517/2, New Shahupuri, Near Central Bus Stand- Kolhapur
416 001 Kolkata : HDFC Securities Limited, 4, Clive Row, Jardines, 3rd floor, Kolkata 700 001 Lucknow : HDFC Securities Limited, 56-57, Chander Nagar, 2nd Floor, Alambagh, Lucknow - 226005, UP Ludhiana : HDFC Securities Limited, Unit no. IV, 1st floor, First Mall, Mall Road, Ludhiana - 141001. Madurai : HDFC Securities Limited, 1st Floor, 232, Naicker New Street, Madurai 625 001 Mangalore : HDFC Securities Limited, Kayar
Manj, 2nd floor, M. G. Road, Mangalore - 575003. Meerut : HDFC Securities Ltd, 177/1 P P Plaza, 2nd Floor,Opp. CCS University,Mangal Pandey Nagar,Meerut - 250001 Mohali : HDFC Securities Limited, SCF - 55, Phase 3-B, II, Mohali - 160064, Punjab Mumbai : HDFC Securities Limited, Shop No. 5, Persian Co-op Housing Society, V. P. Road, Near BMC Bank, Andheri (West) Mumbai - 400 058 Mysore : HDFC Securities Limited,
Ground floor, No. 2951 - A, Kalidasa Road, V. V. Mohalla, Mysore - 570002, Karnataka Nagpur : HDFC Securities Ltd., 125, 2nd Floor, Shreeram Shyam Towers, S.V. Patel Marg, Kingsway, Civil Lines, Nagpur-440001 Nashik : HDFC Securities Limited, Vaastu Shree, 2nd Floor, Off Gangapur Road, Nashik - 422005 Nellore : HDFC Securities Limited, HDFC Bank Bldg, 17/126, GVR Enclave, Trunk Road, Nellore - 524001. New Delhi/
Delhi : HDFC Securities Limited, Kanchenjungha Bldg, Upper Gr. Flr.,18, Barakhamba Road, New Delhi - 110 001 Noida : HDFC Securities Limited, Office No. 111, 1st Floor, Ocean Plaza Building, Commercial Plot No. P-5, Sector – 18, Noida - 201301 Panaji : HDFC Securities Limited, 4rh floor, Minum Residency, Above HDFC Bank, 18th June, Panjim, Goa - 403001. Patna : HDFC Securities Limited, 405, 4th Floor, Grand Plaza,
Frazer Road, Patna 800 001 Pune : HDFC Securities Limited, Office No. 1,2,3,27,28,29, Jewel of Pimpri, 1st Floor, Above HDFC Bank, Pimpri, Pune - 411017. Rajahmundry : HDFC Securities Limited, Ground Floor, House no. 46-17-20, Kilari Enclave, Danavaipeta, Rajamundry - 533 103 Rajkot : HDFC Securities Limited, 6th Floor, Pancharatna Building, Alfred School, Jawahar Road, Rajkot -360 001 Ranchi : HDFC Securities
Limited, Rohini Apartment, Gr.floor, 56, Circular Road, Lalpur, P.S. & P. O. Lalpur, Dist. Ranchi -834001, Jharkhand. Salem : HDFC Securities Limited, No. 3, 1st floor, VSA Commercial Complex, Omalur Main Road, Opp. New Bus Stand, Salem - 636004. Siliguri : HDFC Securities Limited, Gr. Floor, kelsons complex, 157 Sevoke Road, Siliguri - 734001 District Darjeeling Surat : HDFC Securities Limited, 708,709, Kashi Plaza, Near
Children Hospital,Manjura Gate, Surat - 395002 Thane(mumbai) : HDFC Securities Limited, Ashok Apartments, Shop No. 3 & 4, Gr. Floor, Opp. Naupada Police Station, Thane (W) 400 602 Trichy : HDFC Securities Limited, 11th Cross Main Road, Thillai Nagar, Trichy-624018 Udaipur : HDFC Securities Limited, Plot No. 8 & 9, Vivek Chambers, 2nd Floor, Durga Nursury Road, Opp. Sukhadia Samadhi Park, Udaipur - 313001,
Rajasthan Vadodara : HDFC Securities Limited, D-11, Kamalanjali, Off Padra Road, Akota, Above HDFC Bank, Opp. Tube Company, Vadodara - 390020 Vijayawada : HDFC Securities Limited, Valluri Complex, 40-1-48/2 M.G.Road, Vijaywada - 520 010 Visakhapatnam : HDFC Securities Limited, 104, 1st Floor, Ram’s Plaza, 2nd Lane Dwaraka Nagar, Vizag – 530016, AP
JM FINANCIAL SERVICES PRIVATE LIMITED
Ahmedabad : Mr Bhavesh Shah/Mr.Girish Shah, JM Financial Services, G-10 Chinubhai Centre,Gr. Flr,Nehru Bridge Corner,Ashram Road, Ph:079-2657 6666 – 70. Ms. Dipti Dave,JM Financial Services,B-101,Shvalik Plaza,Opp.Ama,Iim Road, Ambawadi,Ph:079-39826700/6727. Bangalore : Mr Yeriswamy Reddy/Mr. Prashant Upadhyay,JM Financial Services,97/4 Residency Rd, Ph:-080- 30912400/2299 8264/65/66/67.
Chennai : Mr.Manish Doshi/Mr. Kalai Selvan, JM Financial Services,Gee Gee Crystal - 5th Floor,91-92. Dr.Radhakrishnan Salai,Mylapore, Ph:044-4225 5666. Hyderabad : Mr Ganpaty Murthy/Chandrasekhar,JM Financial Services, 9-10 Uma Chambers,3rd Floor, Banjara Hills , Ph:040- 39875900/6636 0009/10/12/46. Mr. Mallesh/Mr. Pravin Chary, JM Financial, 3rd Floor, 305 Jade Arcade, Opp Paradise Hotel, M G Road,
Secundrabad 500 003.Tel : (040) 3982 5200. Indore : Mr. Manish Upadyay,JM Financial Services, Ug-7 & 8, Ground Floor, D M Tower, ,21/1, Race Course Road, Ph:0731-3072111/4262111. Jaipur : Mr. Navneet Sharma,JM Financial Services, G-7 & G-8,Brij Anukamba,Plot No.K-13, Ashoka Marg,C-Scheme, Ph:0141-3984400. Kolkata : Mr. Bharskar Chatopadyay, JM Financial Services, Kankaria Estate, 8th Flr,6th Little
Russell Street, Ph: 033-3987 0330. Mumbai : Mr Ashit Vora, JM Financial Services,1st Floor, Patel House, Next To Bank Of Baroda,M G Road, Vileparle (E), Ph:022-2613 5202-03/67077440-43. Mr. Sahil Shah,JM Financial Services,Palm Court, M- Wing, 4th Floor, Goregaon Link Road,Malad West, Ph:022-30877000/67617000. Mr. Jisha Narayanan, JM Financial Services,Ground Floor, Anushka, New Link Rd,Andheri West,
Ph:022- 66191600/612. Mr R Mukundan/Ms Armin Irani,JM Financial Services,2,3,4 Kamanwala Chambers,P M Road, Fort, Ph:022-3021 3500/2266 5577 - 80,. Ms Jyotsna Solanki/Mr C V George,JM Financial Services,Shop No 6, Dattani Trade Center,Chandra Varkar Road, Borivali (W), Ph:022- 3021 5400/6695 9120 - 23. Ms Charulata Mehta/Mr. Tilak Sanil, JM Financial Services, 424/425 Kalidas Plaza, V B
Lane,Ghatkopar East, Ph:022-3097 8700/6710 4738. New Delhi : Mr Prasad Nair/Mr C S Tiwari,JM Financial Services, 114 Himalya House,23,K G Marg, Ph:011-4130 5000/3092 5500. Pune : Mr Anand Shirke/Mr Sanjay Yelwande,JM Financial Services,205 Business Guild ,Opp. Krishna Dining Hall,Law College Road, Erandawane, Ph:020-3987 1600-01/ 66033730. Rajkot : Mr. Sona Verghese, JM Financial Services,202
Solitaire, 2nd Floor, Swami Vivekananda Marg, Near Municipal Commissioner Bunglow, Ramkrishna Nagar, Ph:0281-3984000/3984101. Surat : Mr. Dipen Shah/Mr. Nishant Trivedi, JM Financial, 407, 4th Floor, 21 Century Business Centre, Near Udhna Char Rasta, Ring Road, Ph:0261-3984000. Vadodara : Mr. Kashyap Shukla,JM Financial Services,G1ground Floor, Shohan, 49 Alkapuri Society, Opp. HDFC Bankk, Alkapuri,
Ph:0265-3984 311. Vishakhapatnam : Mr D V Vijayakumar,JM Financial Services,Door No 9-1-224/4/3, 1st Floor, Nandan Nirman,Cbm Compound, Near Rama Talkies Junction, Ph:0891-3983800..
KOTAK SECURITIES LIMITED
AGRA: Kotak Securities Limited., 2/220, Glory Plaza, Suer Sadan Crossing, M.G Road,P: 5538760; AHMEDABAD: Kotak Securities Limited., 207, 2nd Floor, Sakar-II, Ellisbridge Corner, Ashram Road.P:26587276; Kotak Sec Ltd., 201/A, Amruta Arcade, Nr Maningr Char Rasta, Maningr; Kotak Securities Limited., B/104, 1st Floor, Premium House, Opp Gandhigram Rly Stn.P:26579567; Kotak Securities Limited., B-46, Kamdhenu
Complex, Opp.Sahajanand College, Panjara Pole, Ambawadi.P:26308035; ALLAHABAD: Kotak Securities Limited., M-4, Mezzanine Floor, LDA Center, 2, Sardar Patel Marg, Civil Line.P: 2561451; AMRITSAR: Kotak Securities Limited., Unit No.FUF-7, Central Mall, 32, Mall Road; ANAND: Kotak Securities Limited., 3rd Floor, “Sanket”, Near Grid.P: 2573311; BANGALORE: Kotak Securities Limited., ‘Umiya Landmark’–II Flr., No:10/7 -
Lavelle Rd.P: 66203601; Kotak Securities Limited., no 201, soundrya sampige complex, Sampige Road, No 412, 8th Cross, Malleswaram. P: 9900133758; BELGAUM: Kotak Securities Limited., T-01,3rd Floor, Shri Laxmi Sankul Complex, Maruti Galli,P: 4206651; BHARUCH: Kotak Securities Limited., 235-236, Harihar Complex, Zadeshwar Road.P:570569; BHOPAL: Kotak Securities Limited., Third Floor, Alankar Palace, 10-11,
MP Nagar, Zone 2.P: 5248133; BHUBANESHWAR: Kotak Securities Limited., Plot No – 24, 2nd Flr., SCR, Nr Bazaar Kolkata, Bapuji Nagar, Janpath.P: 2597871; BIKANER: Kotak Securities limited, Office No. 1/2 of 12, Office No. 13 & 14, 1st Floor, Silver Square, Rani Bazaar, CHANDIGARH: Kotak Securities Limited., SCO-14-15, 2nd Floor, Madhya Marg, Sector-8C.P: 5065301; CHENNAI: Kotak Securities Limited., GRR Business
Cneter, No.21, Vaidyaraman Street, T Nagar.P:66462000; COIMBATORE: Kotak Securities Limited., 1st Floor, Red rose chamber, 1437,Trichy road.P: 6699666; CUTTACK: Kotak Securities Limited., 1st Floor, Umang Plaza, Bajrakabati Road, Nr. Petrol Pump, DHERADUN: Kotak Securities Limited., 1st Floor, Swaraj Complex, 72, Rajpur Road, Opp Hotel Madhuban,P: 2745870; DHANBAD: Kotak Securities Limited., 1St Floor,
Commerce House - 2, Above Ashoka Bajaj Showroom, Shastri Nagar, P:2308482; GUWAHATI: Kotak Securities Limited., Akshay Tower , 4th Floor, Opp. Rupayan Arcade, Fancy Bazar, S.S. Road. P: 2732243; GUNTUR: Kotak Securities Limited., Diamond plaza, 2nd Floor , 6th Lane, Arundelpet main Road, HUBLI: Kotak Securities Limited., V A Kalburgi Complex, Ground floor, Besides Vivekanand corner, Desai Cross,
Deshpandenagar.P: 2357512; HYDERABAD: Kotak Securities Limited., 9-1-777, 4th Flr, Beside ITC Bldg, S D Rd, (LANE Opp to DBR Diagnosis), P:65326394; INDORE: Kotak Securities Limited., 314, Citi Centre, 570, M.G. Road.P:2537336; JABALPUR: Kotak Securities Limited., Jain Tower, 3rd Floor, Ruseel Chowk,P: 4085850; JAIPUR: Kotak Securities Limited., 305-308, 3rd Floor, Green House, O-15,Ashok Marg, C-Scheme;
JALANDHAR: Kotak Securities Limited., 2nd Floor, 465, Lajpat Nagar Market; JAMNAGAR: Kotak Securities Limited., 701, 5th Floor, City Point, Station Road, Near Town Hall.P: 5540355; JAMSHEDPUR: Kotak Securities Limited., Bharat Business Centre, Ho No.2, 2nd Flr, Rm No. 8, Ram Mandir Area Bistupur,P:3090856; JODHPUR: Kotak Securities Limited., 1st Floor, Gulab Bhawan, Chopasani Road,P: 5101956; KAKINADA: Kotak
Securities Limited., No: 15 , 1st Floor, Subhadra ArcadeBhanugudi Junction KANPUR: Kotak Securities Limited., 312-315, 3rd Floor, 14/113, Kan Chambers, Civil Lines, Near UP Stock Exchange.P: 3018114; KOCHI: Kotak Securities Limited., 40/1400, 11th Floor, Ensign Enclave, Jos Junction, M.G. Road.P: 2377386; KOLKATTA: Kotak Securities Limited., 7th Floor, Apeejay House, Block ‘C’, 15, Park Street,P:22273999; Kotak
Securities Limited., Govind Bhavan, Ground Floor, 2, Biplabi Trilokya Maharaj Sarani(Brabourne Road),P: 2235 8105; KOTA: Kotak Securities Limited., D-8 First Floor, Shri Ram Complex, Opposite Multipurpose School, Gumanpura; LUCKNOW: Kotak Securities Limited., 1-2 Ground floor, Commerce House, Habibullah Estate,11 M.G. Marg.P:3950119; Kotak Securities Limited., A-1 ; Ashish Palace,Sector E,Aliganj, P:
3232285; LUDHIANA: Kotak Securities Limited., SCO-122, 2nd Floor, Firoz Gandhi Market,P: 5047214; MADURAI: Kotak Securities Limited., Shop A First Floor, KRV Arcade, AR PLAZA 16 & 17, North velli Street.P: 2341225; MANGALORE: Kotak Securities Limited., No.4, 3rd Floor, The Trade Centre, Jyoti Centre, Bunts Hostel Road, Near Jyoti Circle, P: 424180; Kotak Securities Limited., No.4, 3rd Floor, The Trade Centre, Jyoti
Centre, Bunts Hostel Road, Near Jyoti Circle.P: 424180; MUMBAI: Kotak Securities Limited., 32, Gr Flr., Raja Bahadur Compound, Opp Bank of Maharashtra, Fort,P:22655074; Kotak Securities Limited., 6th Floor, Kotak Towers, Building No. 21, Infinity Park, Off Western Express Highway, Goregaon Mulund Link, Road, Malad (E),P: 6605 6825; Kotak Securities Limited., Nirlon House, 3rd Floor, Dr Anie Besant Road, Near Passport
Office, Worli,P:66529191; MYSORE: Kotak Securities Limited., No: 646 - Kiran Mansion - 2 nd Floor, Above Reliance Fresh, Chamaraja Double Road, P: 4000861; NAGPUR: Kotak Securities Limited., Plot no. 5, 3rd floor, Lotus Gorepeth Layout WHC Road , Dharampeth, P: 6620278; NASHIK: Kotak Securities Limited., G-5, Suyojit Avdhoot Tower, Old Gangapur Naka, Gangapur Rd,P: 6609804; NEW DELHI: Kotak Securities
Limited., 202-217, 2nd Floor, Ambadeep Building, 14, Kasturba Gandhi Marg.P:66313131; NOIDA: Kotak Securities Limited, 2nd Floor, Above Kotak Mahindra Bank, G-31-32, Atta Market, Sector-18,P: 4606911; GURGAON: Kotak Securities Limited., O-107, Shopping Mall, Arjun Nagar, DLF Phase-1,P: 5050551; PANAJI: Kotak Securities Limited., 2ND Floor,Gurusai Plaza,Isidoria Baptista Road,Margao,P: 6624833; PATNA:
Kotak Securities Limited., Office No.7, Twin Tower Hathwa, South Gandhi Maidan,P: 2224620; PUNE: Kotak Securities Limited., 2 ND FLOOR, KUMAR BUSINESS CENTER,BUND GARDEN ROAD,OPP. BUND GRADEN,P: 66066129; RAIPUR: Kotak Securities Limited., Menzanine Fllor, Chawla Complex, Near Vanijya Bhawan,Devendra Nagar Road, P: 251555; RAJKOT: Kotak Securities Limited., Nath Complex, 2nd floor, Opp. Jilla
Panchayat, Above Kotak Mahindra Bank, Yagnik Road.P:2459436; RAJAHMUNDRY: Kotak Securities Limited., Door no 46-22-11, Karri surireddy plaza , Danavaipeta , RANCHI: Kotak Securities Limited., Shop no. 24 & 25, 2nd Floor, A.C. Market, G.E.L. Church Complex, Main Road, P:2200860. SALEM: Kotak Securities Limited., 5/241, F Rathna Arcade Five Road,Meyyanur,P: 2335476; SILIGURI: Kotak Securities Limited., Nanak
Complex, 2nd Floor, Sevok Road, SURAT: Kotak Securities Limited., Kotak House, K G Point, 1st Floor, Nr.Ganga Palace, Opp.IDBI Bank, Ghoddod Road.P: 2254553; TRICHUR: Kotak Securities Limited., No:22 Suharsha Towers, Shornur Road, TRICHY: Kotak Securities Limited., C-56,1-24-4th cross, Thillai Nagar, TRIVANDRUM: Kotak Securities Limited., Mahesh Estates, 2nd Floor, T L -15/1805, Vazhuthacadu, P: 2337423;
UDAIPUR: Kotak Securities Limited., 222/12, Ist Floor, Mumal Towers, Saheli Marg, P: 513901; VADODARA: Kotak Securities Limited., 216, Meghdhanush Complex, Race Course Road (South),P: 2314455; VARANASI: Kotak Securities Limited., 1st Floor, Arihant Complex, D-64\127-C\H, Sigra, P: 2227305; VIJAYAWADA: Kotak Securities Limited., 40-1-48/1, Labbipet, M.G.Road,P: 6649061; VISAKHAPATNAM: Kotak Securities
Limited., Door No.47-10-15, VRC Complex , 2nd Floor, Railway Station Rd , Dwarka Nagar, P: 6642009;
YES BANK LIMITED
Bhubaneswar : 31, Bapuji Nagar, Bhubhaneshwar, Orissa-751007Bhopal : GroundFloor, Plot No. 215, MP Nagar, Phase I, Bhopal- 462011.Madhya PradeshBhilwara : Gr & Ist flr, Kanchi Heights, Badal Complex, Gangapur Road, Bhilwara, Rajasthan-311001 Landmark: Near Nahar Petrol Pump, Bhavnagar : Unit No.G-1, Part G-2 G-3of thebuildingknownas “Silver Arc”, Plot No.9, Waghawadi Road, Bhavnagar – Gujarat 364001Bangalore : KasturbhaRoad, GroundFloor, Prestige Obelisk, Municipal
No.3, KasturbaRoad, Bangalore560001. Plot 27, HAL 3rdStage, 80ft Road, Thippasandra, Bangalore- 560075. Ground& MezzanineFloor, Basil Moneta, Koramangala, Bangalore – 560095. Survey No. 135/3, WardNo. 19, B.B. Road, Devanahalli, Bangalore- 562110, Aurangabad : ShowroomNo A7, GroundFloor, AurangabadBusiness centre, Adalat Road, Aurangabad,431005(M.S) Asansol : GroundFloor of Laxmi NarayanComplex, G TRoad, Murgasol, Asansol, West Bengal - 713303Anand : GroundFloor, Maruti
Sunand, Amul Dairy Road, Anand, Gujarat - 388001. Amritsar : 42Mall Road, Amritsar, Punjab 143001Allahabad : GroundFloor of 4/43, S.P. Marg, Civil Lines Allahabad - UP. Land Mark – OppositeHDFC Bank Ahmedabad : Unit No.G/3,102-103, “C.G.Centre”, C.G.Road, Ahmedabad - 380009Agra : Gr + First Floor, 116/8Sanjay Palace, Agra, Uttar Pradesh 282002Faridabad : GroundFloor andSecondFloor, SCO-4, Sector 16, Haryana, Faridabad 121002Durgapur : Upper GroundFloor, Citi
Plaza, City Centre, Durgapur- 713216Dehradun : GroundFloor, 56, Rajpur Road, Dehradun 248001, Uttarakhand.Saharanpur : GroundFloor ‘BankaComplex’, 2 B/28, MissionCompound, PO Saharanpur ( UP) PIN247001Coimbatore : No: 694-A1, Manchester KrsnaAvinashi Road, Near ManchesterRegent, Avinashi RoadCoimbatore– 641 037Chennai : GroundFloor,143/1, Uthamar Gandhi Salai, NungambakkamHighRoad, Chennai - 600034; Gr. Floor, Dass IndiaTower, SecondLine Beach, Rajaji
Salai, Chennai, Tamilnadu- 600 001. Chandigarh : ShopCum Office(SCO) No. 151-152, Sector 9C, MadhyaMarg, Chandigarh 160017KHARAR : SCO 1, WardNo. 15, City Shopping Plaza, BanshaWali Chungi, ChandigarhKharar Road, PO – Kharar, Punjab– 140507MOHALI : Yes Bank Limited, SCO 538, Sector70, Mohali , Punjab- 160071ZIRAKPUR : SCO 8&9, GroundFloor, Hotel Kingston, Patiala Highway, Zirakpur (Pb) 140603DERABASSI : GroundFloor, Paras Complex, ChandigarhAmbala
Road(NH– 2), DeraBassi, Punjab - 140507PANCHKULA : SCO24, Sector 11, HUDA Complex Panchkhula, Haryana134112. LandMark – Inthe neighborhoodof Corporation Bank, SyndicateBank andOBC. BADDI : GroundFloor, ShopNo2,3&4, M.G. Plaza, N.H. no21, Baddi, Dist Solan, Himachal Pradesh263153SHIMLA : GroundLevel, Timber House, Cart Road, Shimla, Himachal Pradesh171001Jodhpur : GroundFloor, 117/4, PWDColony, Jodhpur, Rajasthan- 342001. Jamshedpur : Adityapur,
GroundFloor, P MComplex, MainRoad, Adityapur, Jamshedpur- 831 013. Jammu : GroundFloor, Plot no. 20, BlockB/C, GandhiNagar, GreenBelt, Jammu 180004Jalandhar : GroundFloor , SatnamComplex, BMCChowk, G.T. Road, Jalandhar, Punjab- 144001Jaipur : G2, Ground Floor GreenHouse, Plot O-15, AshokMarg, Jaipur302001, RajasthanIndore : 9/1/1M.G. Road, Indore- 452001Hyderabad : Somajiguda, GroundFloor, “MayankTowers”, Survey no. 31(Old). 31/2(New), Raj BhavanRoad,
Somajiguda, Hyderabad - 500082. Hitech City, GroundFloor, SunTowers, Sector-1, HUDA TechnoEnclaveof Madhapur Village, R.R District. AndhraPradesh- 500081. Secunderabad : GroundFloor, Agravanshi Plaza, Bearing No1-8-387, HUDA Lane, off S.P. Road, Secunderabad, Andhra Pradesh-500003Guwahati : Groundfloor, AsianComplex, uluburi Part II, District Kamrup, guwahati 781007, Assam. Nashik: Shopno 9to13, AGORA, CanadaCorner, Junctionof Sharanpur andCollegeroad, Nashik 422002
Nagpur : GroundFloor, Swami Sadan, Plot no206/1A, GPOSquare, VIP Road, CivilLines, Nagpur 440001. Mumbai : 4thfloor, NehruCentre, Discovery of IndiaBuilding, Dr. A.B. Road, Worli, Mumbai- 400018. ANDHERI(W)- MUMBAI, G1, GroundFloor, ValechaChambers, Plot B-6, NewLinkRoad, Andheri (W), Mumbai400053. ANDHERI (E)- MUMBAI GroundFloor, ShreeAmbaShanti Chambers, Opp. Hotel Leela, Andheri KurlaRoad, Andheri East, Mumbai-400059. GOREGAON(W)- MUMBAI, Ground& 1st Floor,
ShopNo: E& Fof A.K.Plaza, Junctionof VeerSavarkar Flyover and S.V.Road, Goregaon-West, Mumbai-400062. VASAI ROAD-MAHARASHTRA. GroundFloor, GurudwaraSri GuruSinghSabha, Plot No17A, Ambadi Road, Vasai road(W), 401202, Thane. JUHU-MUMBAI, DuruKripa, Plot No: 3, NutanLaxmiCHS Ltd, J.V.P.DScheme, RoadNo10, VileParle(W), Mumbai400049. BANDRA- MUMBAI, Gr& MezzanineFloor, TurnerRoad, Bandra(West). Mumbai– 400050. CHEMBUR-MUMBAI Shrikant Chambers, Ground
Floor, SionTrombay Road, Chembur, Mumbai71VASHI- NAVI MUMBAI, Shop No18-Gr Flr , Unit no1&2-First floor, ShreeGanesh Co-opHsgsociety(P), Plot No9, Sector1, Vashi, Navi Mumbai-400705. FORT- MUMBAI, ShopNo 6& 7, GroundFloor, BotawalaBuliding, 2/12HornimanCircle, Fort, Mumbai400001. OppositeAsiaticLibrary. METRO- MUMBAI, “MetroHouse”, MahatmaGandhiRoad, DhobiTalao, Mumbai 400020.CADEL ROAD-MUMBAI, Gr.Floor, G-2& G3Cadel Court, 230-232, Veer Sawarkar Marg(Cadel
Road), Shivaji Park, Mumbai-400016.NARIMANPOINT- MUMBAI. Premises No1A, GroundFloor, MittalChambers, Plot no. 228of Blockno. III of Backbay Reclamation, NarimanPoint, Mumbai-400021.NEHRU CENTRE- MUMBAI. KALYAN-MAHARASHTRA, Ground& MezzanineFloor, ShopNo: 1, 2& 3, Shreya Palace, OppdarshHindi School, Santoshi MataRoad, Kalyan(W)-421301.ULHASNAGAR- MAHARASHTRA,

KARVY STOCKBROK NG L M TED

RR EQU TY BROKERS PR VATE L M TED

2 MUTHOOT FINANCE LIMITED

 MUTHOOT FINANCE LIMITED : APPLICATION FORMS AVAILABLE AT FOLLOWING LOCATIONS
LEAD MANAGERS TO THE ISSUE / LEAD BROKERS TO THE ISSUE
ALMONDZ GLOBAL SECURITIES LIMITED
Ahmedabad : 2nd Floor, Unit No.5, Panchratna, Opp.White house, Panchavati Circle, C.G.Road, Ahmedabad - 380006T el : 079-26402945 Bangalore : S-108 South Block, Manipal Centre, Dickenson Road, Bangalore – 560042Tel : 080-40806333 M – 09343795459 Chennai : 1/B, 1st floor, Royal court No.41, Venkatnarayana Road, T- Nagar, Chennai – 600 017 Tel : 044-43473666 / 42127446 Jaipur : 512, 4th Floor
Shalimar Complex, Church Road, M.I. Road, Near Om Tower Hotel, Jaipur - 302001Tel : 0141-4040201 M : 07877822471 Kolkata : Prasad Chambers, Block B-201, 2nd Floor, 10A,Shakespeare Sarani, Kolkatta – 700 017Tel : 033 - 22820873/74/75/76 Lucknow : 1st floor, Shukla Palace, B-1, Sapru Marg ,Lucknow – 226 001Tel : 0522-3018419-22 Ludhiana : Sco-16 & 17, 3rd Floor, Fortune Chambers, Opp. Ludhiana
Stock Exchange Bldg.,Firoze Gandhi Market. Firozepur Road, Ludhiana - 141 001Tel : 0161-4641187 Mumbai : C/o. 9, Crescent Chambers, 2nd Floor, 56 Tamarind Lane, Fort, Near BSE, Mumbai 400 001.Tel. No. 022-2261 8055 / 8069 / 8137 New Delhi : 2nd Floor, 3, Scindia House, Janpath, New Delhi – 110 001Tel No : 011-41514666-69 Noida : 401, Ocean Plaza, P-5, Sector 18, Noida (UP) - 201 301.Tel : 0120-
4262840 / 41 Pune : 1st Floor, Surya Bhavan, Nr.Sheetal Hotel, Ferguson College road, Shivajinagar, Pune - 411005Tel : 020-30215301M : 09823337794 Vadodara : 301 Blanca Complex, opposite Rajlakshmi Complex, Old Padra Road, Near Racecourse Circle Baroda – 390007 Tel : 0265-6636002 / 6636039 M : 09898279382
ANAND RATHI SHARES AND STOCK BROKERS LIMITED
Agra : Shop No. 9, 1st Flr, Deepshika Bldg, Sanjay Place, Agra-282002 Ahmedabad : Unit No. 201, 2nd Flr, Parth Complex, Off C. G Road, Swastik Cross Char Rasta, Navrangpura, Ahmedabad 38009 Allahabad : Darbari Bldg, 15/29/125, Plot No. 25, Mahatma Gandhi Marg, Civil Station, Allahabad 211001 Amritsar : Mezzanine Flr, Nagpal Towers Ii, Sco 44, Distt, Shopping Centre, Ranjit Avenue, Amritsar Anand : F-6/7, 1st Flr,
Silver Oak, Opp Panchal Hall, Anand V. V Nagar, Anand - 388001Aurangabad : 1st Floor, Plot No. 24 & 25, Vivekanand College Road, Opp. Police Workshop,Samarth Nagar, Aurangabad: 431001 Bangalore : Express Building No.1, 4th Floor, Queens Road, Civil Station, Banglore-560052 Belgaum : Sri Krishna Towers, 2nd Floor,Cts No.14, Khanapur Road, Tilakwadi,Belgaum-590006 Bhilwara : D-1,D-2,E-1,F-2, Ganapati
Enclave,Heera Panna Campus, Opp. Nahar Bros. Petrol Pump,Pur Road,Bhilwara-311001 Bhubaneswar : 49, 2nd Flr, East Side, Ashok Nagar, Bhubenshwar Bijapur : Bhaheti Complex, Kirana Bazzar Circle, S.S.Road, Near Tata Indicom Show Room, Bijapur-586106 Bikaner : Near Drm Circle, Above Obc Bank, Bikaner - 334005. Chandigarh : Office No.1, 3rd Flr, Sco No. 37-38, Sector 17-C, Chandigarh Chennai : G1,Ground
Floor,Arthi Apartments,No.150,Habibullah Raod,T Nagar Chennai-600 017 Coimbatore : No. 41-A, West Lokamanya Street, 1st Floor, R. S. Puram, Coimbatore - 641002 Cuttack : Grd Flr, Plot No. 1615, Haripur, Cuttack - 753001 Davanagere : Eshwar Complex, P.J.Extn, 2nd Main,Raitara Beedi,Davangere-577002 Dehradun : 1 Grd Flr, Neshvilla Road, Behind Congress Bhavan, Dehradun - 248001 Erode : Door No 155 & 155
A,Dhana Vikas Complex,Nehru Street,Erode-638001,Tamilnadu Gulbarga :1-101/3,4,5/F1 & Part Of F-2, Asian Plaza, Sardar Vallabh Bhai Chowk, Station Road, Gulbarga-485102 Guwahati : 4th Floor, Plont No.1528/1529, K.P. Patta No.796 Sahar Ulubari Mouza, Guwahati Hubli : No.103to108, A-Blocka-Block, Court Circleclub Roadhubli-580029ph -0836-5259200 Hyderabad : 1st Flr, 6-3-346/1,Road No.1,Banjara
Hills,Hyderabad - 500034 Jaipur : Off No. 4,5,6,7,8&L-4, 1st Flr,C-98,Sanghi Upasana Tower, Ahinsa Circle Subhash Marg, C-Scheme, Jaipur 302001 Jalandhar : 1st Floor, Apex Tower, G T Road, Jalandhar, Punjab Jammu : 2 & 16,North Block B-1,Bahu Plaza,Rail Head Complex,Jammu-1800004 Kanpur : Grd Flr, 16/79-H, Civil Lines, Kanpur 208001 Kolhapur : Shop No 67,68,Gemstone,R D Vichare Complex 517/2 E
Ward,Shahupri,Kolhapur Kolkata : Central Plaza, Room No-501, 2/6 Sarat Bose Road, Kolkata-700020 Kota : Indragyan Complex, Gumanpura, Kota Lucknow : Taz Plaza, Gr. Floor, (Madan Mohan Malviya Marg) Lucknow -226001. Ludhiana : 15,Span Plaza,Feroz Gandhi Market,Ludhiana-141001 Madurai : 272,Good Shed Street,Madurai-625001 Mangalore : Ground Floor, No.G-10 ( Door No.14-4-511/21 ) , Crystal Arc,
Balmatta Road , Manglore - 575001 Mumbai : Seagull House, 2nd Floor, Shivaji Colony, Chakala, Andheri (E), Mumbai - 400099, India Mysore : 442/5, Srikanteshwara Mansion, 1st Flr, Chamaraja Double Road, South Cross Road, Near Ramaswamy Circle, Mysore Nagpur : S-1 & S-2 ,2nd Floor, Shradha House,345 Kingsway, Opp Bank Of India, Nagpur - 440 001. Nashik : Office No. 6, 2nd Floor, Stadium Complex, Bldg No. 5 M
G Road, Nashik 422001 New Delhi/Delhi : Flat No.911, 9th Floor,Ansal Bhavan Bldg,16, Kasturba Gandhi Marg, New Delhi-110001 Panaji : Trimurthy Building,1st Floor, Opp Hotel Novagoa,Panjim, Goa-403001 Patna : 2nd Floor Shahi Complex Dakbunglow Road Patna-800001 Pune : 2nd Flr, Indrayani, C.T.S No. 58/1, Final Plot No. 92/1, Erandavane, Pune - 411004 Raichur : H.No.12-10-51/3a,1st Floor,Lingasugur
Road,Raichur-584101 Raipur : No. 229, 230, 231, 232, 2nd Flr, Lalganga Shopping Mall, G.E. Road, Raipur Ranchi : 5th Flr, M R Tower, Sarada Babu Street, Line Tank Road, Upper Bazar, Ranchi 834001 Salem : No 252, Brindavan Main Road, Fairlands, Salem – 636 016 Shimoga : 1st,Floor, Lakshmi Sadan,Parl Exten.Opp.Icici Bank,Shimoga-577201 Siliguri : 2nd Flr, Above Raymond Showroom, Sevkoke Road, Plot No.
766, Khatian No. 5282/1, Mouza Siliguri, Jl No. 110(88), Pargana Baikunthapur, Post Office, P.S., District Darjeeling, West Bengal. Surat : G-2, International Trade Centre, Majuragate Crossing, Ring Road, Surat Thane(Mumbai) : Shop No. 3, Grd Flr, Shree Sadan, Naupada, Ghantali Devi Road, Thane W, Mumbai 400602 Tirupur : 62(1),Western Portion,Binny Main Street,1 Floor,Kumaran Street,Tirupur-1 Trichy : Sri Krishna
Enclave , No 75 E/3 , 3rd Floor , Salai Road ,Thillai Nagar , Trichy-620018 Udaipur : 46/3,Madhuban,Udaipur Vadodara : Ff/104,Capri House Ii,15-Sudhanagar Chs,Jetalpur Road,Vadodara-390005 Varanasi : Office No.33,3rd Floor,D,48/141-A,Misir Pokhra,Luxa Road,Varanasi Vijayawada : 1st Flr, No. 12-2-269, Babu Rajendra Prasad Road, Vijaywada - 1 Visakhapatnam : 2nd Flr, No. 47-10-32, Guttikonda Mansions,
Dwarakanagar, Visakhapatnam - 530016
BAJAJ CAPITAL INVESTOR SERVICES LIMITED
Agra: Bajaj Capital, Shop No. 110, Ground Floor, Block No. 27/2/4, Sanjay Palace, Near Hotel Panchrattan, Agra – 282002, Ph : 0562-6457307. Ahmedabad: Bajaj Capital, 2-L, ‘Akik’ Opp Lions Hall, Mithakhali Six Raod, Near Nalanda Hotel, Ellisbridge, Ahmedabad – 380006, Ph: 079-64500171, 72. Ajmer: Bajaj Capital, 26, Ground Floor, Ajmer Tower, Kutchery Road, Ajmer - 305001. Ph : 0145-6451231,0145-6451232.
Allahabad: Bajaj Capital, Shop No. F-5 , Indira Bhawan, Civil Lines, Allahabad – 211001, Ph: 0532-6452481,0532-6452482. Bangalore: Bajaj Capital, Unit 104-107, First Floor, ‘A’ Wing, Mittal Towers, M.G. Road, Bangalore – 560001, Ph: 080-65471121, 65471123. Bajaj Capital, 759, Shri Jayalakshmi Nivasa, 100-Ft Road, Indira Nagar, (Opp. Sbi Personal Bank) Bangalore-38, Ph : 080-65471127 / 26. Bajaj Capital, 4,
Lakshmi Mansion, 81/B,8th Main Road, Opp. Food World, 3rd Block, Jaya Nagar, Bangalore -11, Ph : 080-65471128 / 29. Bajaj Capital, Raheja Arcade, 1st Floor, #122, Koramangala, Bangalore-34, Ph:080-65471130 / 31. Bajaj Capital, 197, Sampige Rd, Near 11th Cross, (Above Karnataka Bank) Malleshwaram, Bangalore- 3, Ph: 080-65471132 / 33. Bajaj Capital, Rajaji Nagar 293/1, 17th Main Road “D”, Iiird Block,
Rajaji Nagar, Bangalore-10, Ph: 080-65471139 / 38. Bhopal: Bajaj Capital, Shop No. 6, First Floor, Jyoti Cinema Complex, M.P. Nagar, Zone1, Bhopal – 462011, Ph: 0755-6459550. Bhubaneshwar: Bajaj Capital, Plot No. 1/A, Ground Floor, Station Square, Kharvel Nagar, Bhubneswar – 751001, Ph: 0674 - 6451257, 6451269. Chandigardh: Bajaj Capital, Sco 341 - 342, First Floor, Sector 35b, Chandigarh 160036, Ph:
(0172) , 6451612 – 13. Chennai: Bajaj Capital, Wellington Plaza, 3rd Floor, 90, Anna Salai, Chennai – 600002, Ph: 044-23451207, 08. Bajaj Capital, K.R. Buildings, No. 12, L.B. Road, Adyar, Chennai - 600 020, Ph : 64588304 / 305 / 306. Bajaj Capital, W.111, First Floor, 3rd Avenue, Anna Nagar, Chennai – 40, Ph: 64588309 / 310, 64581539. Bajaj Capital, Shop No. 4, Trinity Complex, No.110, 4th Avenue, Ashok Nagar,
Chennai – 83, Ph: 64588311 / 312. Bajaj Capital, No. 7, R.K. Mutt Road, (Near Indian Bank) Mylapore, Chennai – 4, Ph: 64581540 / 64588318 / 317. Bajaj Capital, Shop No. 4, Plot No. 3, 29th Street, Nanganallur, Chennai-61, Ph: 64588320 / 319. Bajaj Capital, Bridge Port, New No. 29, Old No. 12, Burkit Road, T. Nagar, Chennai-17, Ph : 64588321 / 22. Bajaj Capital, Shop No. 5, Ground Floor, Vikas Plaza, 37/C, Velachery,
Tambaram Road, Chennai – 42, Ph: 64588326 / 24. Coimbatore: Bajaj Capital, No. 575, D.B. Road, First Floor, (Near Head Post Office) R.S. Puram, Coimbatore – 641002, Ph: 6470136, 38. Dehradun: Bajaj Capital, 15, Rohini Plaza, 11-E Rajpur Road, Dehradun – 248001, Ph: 0135-6452648,0135-6452649. Dhanbad: Bajaj Capital, Ozone Plaza, 1st Floor, Bank More, Dhanbad – 826001, Ph: 0326-2300576. Faridabad:
Bajaj Capital, 5r/1 Ground Floor, B.K. Chowk, Near Hdfc Bank, Faridabad – 121001, Ph: 0129 – 6466566. Gorakhpur: Bajaj Capital, Ground Floor, A D Towers, Bank Road, Gorakhpur, Gorakhpur – 273001, Ph: 0551-6453025,0551-6453026. Gurgaon: Bajaj Capital, Super Mart B-201, Super Mart - 1, Dlf City Phase - Iv, Gurgaon – 122002, Ph: 0124-6469991,0124-6468105. Bajaj Capital, Sec 14 102, Akd Tower, Upper
Ground Floor, Near Huda Office, Sector-14, Gurgaon- 122001, Ph: 124- 6468101, 6468102. Guwahati: Bajaj Capital, Room No.102, 1st Floor, Dunfur Apartment, R G Baruah Road, Guwahati – 781024, Ph: 9207045530, 312. Hyderabad: Bajaj Capital, 3-6-522, 2nd & 3rd Floor, Archies Showroom, Opp. Kfc, Himayath Nagar, Hyderabad – 500029, Ph: 040 - 44555555, 64631421, 22. Bajaj Capital, Shop No. 4, Ground
Floor, Swarnajayanthi Complex (Huda) Ameerpet, Hyderabad – 500016, Ph: 040-64631425 / 24. Bajaj Capital, No.3/Mig-I, Near Icici Bank, K.P.H.B. Colony, Kukatpally, Hyderabad – 500072, Ph: 64631427 / 26. Bajaj Capital, Shop No.10, First Floor, Minerva Complex, 94, S.D. Road, Secunderabad – 500003, Ph: 040-64631428, 29. Indore: Bajaj Capital, Shop No. 3, City Plaza, M.G. Road Near Regal Cinema, Indore-
452001, Ph: (0731) 6452014. Jaipur: Bajaj Capital, G-3, Anukampa Tower, Opp. Sangamtower, Church Road (M. I. Road), Jaipur – 302001, Ph: 0141-6503342, 43. Jamnagar: Bajaj Capital, 116,1st Floor, Manek Centre, Near Income Tax Office, P. N. Marg, Jamnagar – 361008, Ph: 0288-2663373/6450105. Jamshedpur: Bajaj Capital, Shop No. 53, 2nd Floor, Kamani Business Centre Bishtupur, Jamshedpur – 831001, Ph:
6457603, 6457627. Kanpur: Bajaj Capital, 106, Ratan Esquire, 14/144, Chunni Ganj, Kanpur – 208001, Ph: (0512) 6451763 – 64. Kochi: Bajaj Capital, Rubicon Building, S.A. Road, South Over Bridge, Valanjambalam, Kochi – 682016, Ph: 0484-6452566, 65. Kolhapur: Bajaj Capital, Ground Floor, Damodar Enclave Apartment, 10th Lane, Rajaram-Puri, Kolhapur – 416001, Ph: 0231 – 6450529. Kolkata: Bajaj Capital, 5th
Floor, Room No. 507, 7/1, Lord Sinha Road, Kolkata – 700071, Ph: 033 – 22820383. Bajaj Capital, 9, Ezra Street, Kolkata-700001, Ph: 64578545 – 47. Bajaj Capital, Gagananchal Complex, Shop No. 38a, 37, Dr. Abani Dutta Road, Howrah – 711106, Ph: 64602157 - 58, 64604011. Bajaj Capital, B-9/20 (C. A), P O. Kalyani, Dist. Nadia, Kalyani-741235, Ph: 64605211, 64605214. Bajaj Capital, 182, Jessore Road (Satgachi
Crossing), Dum Dum, Kolkata – 700074, Ph: 64578543. Bajaj Capital, Mezanine Floor, Flat No. 3, P - 24a, C I T Road Scheme Vi M, Kolkata - 700054. Ph: 64578551 – 52. Bajaj Capital, Martin Burn House, Ground Floor, Room No. 15, 1, R N Mukherjee Road Kolkata – 700001, Ph: 64578553 – 54. Bajaj Capital, Sec-I Bf-192, Sec-I, Salt Lake, Kolkata - 700064, Ph: 64578627 – 29. Bajaj Capital, Sec-V Plot No. I x-16, Block Ep &
Gp, Sec-V, Salt Lake, Kolkata – 700091, Ph: 64578555 – 56. Bajaj Capital, 1st Floor, 4 Jatin Bagchi Road, Kolkata-700029. Ph: 64578548 – 50. Bajaj Capital, Ground Floor, Shop No. 9, Shreeramnagar, Teghoria, V I P Road, Kolkata-700052, Ph: 64578625. Bajaj Capital, 25/A, Raja Ram Mohan Roy Road, Kolkata – 700008, Ph: 64578542. Bajaj Capital, C-36, Lakshmi Narayan Colony, Po. Naktala, Ps. Jadavpur, Kolkata-
700047, Ph: 64578626. Lucknow: Bajaj Capital, 5, Commerce House, Habibullah Compound, 11, M.G. Marg, Hazratganj, Lucknow – 226001, Ph : 0522 – 6565568. Ludhiana: Bajaj Capital, M-3, Abc Services, Sco-137, Feroze Gandhi Market, Ludhiana-1, Ph: (0161) 2412287. Madurai: Bajaj Capital, Suriya Towers, No.5, First Floor, 272/273, Good Shed Street, Madurai – 625001, Ph : 0452 - 6461023, 6461024, 6461025.
Mangalore: Bajaj Capital, Essel Towers, Bs 4, Bunts Hostel Circle, Mangalore – 575003, Ph: 0824-6451218, 17. Meerut: Bajaj Capital, G-43, Ganga Plaza, Near Begam Bridge, Meerut Cantt. - 250001, Ph : 0121 - 6451510, 6451511. Mumbai: Bajaj Capital, Agra Bldg, Gr. Floor, 7/9 Oak Lane, Fort, Mumbai – 400023, Ph: 022 – 66376999. Bajaj Capital, 16, Shopper’s Point, Behind Motimahal Restaurent, S V Road , Andheri -
(W), Mumbai – 400058, Ph: 022 - 65210112, 65210116. Bajaj Capital, Rashesh Building, Shop No. 11, 1s t Floor, Near Maxus Mall, 150 Ft Road, Bhayandar (W), Thane – 401104, Ph: 022 - 65991662 – 63. Bajaj Capital, Shop No.1, Shantinath Apt, Opp Star Apt, S V Road, Borivali (W), Mumbai - 400092, Ph: 65991664 – 66. Bajaj Capital, Room No.1, Gr Floor, Sunil Sadan Opp Grand Central Restaurant, M.D.S Marg,
Chembur (E) Mumbai - 400071, Ph: 022- 65991667 – 68. Bajaj Capital, Shop No. 5, Abdul Kadar Jilani Building, Gokhale Road, Opp. Portugese Church, Dadar (W), Mumbai - 400 028, Ph: 65991669 – 70. Bajaj Capital, Office No. 8, Nandashish Building, R. B. Mehta Marg, Ghatkopar (E), Mumbai – 400 077, Ph: 022 – 65991671 / 65210115. Bajaj Capital, Shop No 61, Vasant Sagar, Krishna Bldg, Opp Thakur Cinema,
Thakur Village, Kandivali (E), Mumbai – 400101, Ph: 022 - 64507728, 65991672. Bajaj Capital, Shop No 1, Dhara Complex, Plot No. 3&4, Sec-No 44, Seawoods, Nerul, Navi Mumbai – 400706, Ph: 022- 65991674 – 75. Bajaj Capital, Shop No 11, Gr. Floor, Dheeraj Heritage Bldg, Sv Road, Santacruz: (W) ,Mumbai – 400054, Ph: 022 - 64507727, 65991676. Bajaj Capital, Shop No - 3, Chaman House Co-Op Hsg Society ,Plot
No - 34 ,Beside Idbi Bank Atm, Sion (E) Mumbai – 400022, Ph: 022 - 64518004, 65991677. Bajaj Capital, Shop No 3, 5th Floor , Tardeo Airconditioned Market, Mumbai - 400 034, Ph: 64534950,64534954. Bajaj Capital, R.No 5, Above Khandelwal Sweets, Opp Thane Railway Station, Gokhale Road, Thane (W) Mumbai – 400601, Ph: 022-25376898, 65991678 – 79. Nagpur: Bajaj Capital, Shop No. 5, Pushpakunja
Commercial Complex, Central Bazar Road, Ramdas Peth, Nagpur – 440010, Ph: 0712-6618577. Nashik: Bajaj Capital, G 18 & 19 , Suyojit Sankul, Tilak Wadi, Sharanpur Road, Nashik – 422002, Ph: 0253 - 6629011, 6629012. New Delhi: Bajaj Capital, Bajaj House, 97, Nehru Place, New Delhi – 110019, Ph: 011 – 41693000, 26410315. Bajaj Capital, N-10, Kalkaji, New Delhi, Ph: 64736914, 64640919. Bajaj Capital, 15, L.G.F.
Central Market, Masoodpur, Vasant Kunj, New Delhi -110070, Ph: 64736918, 64640940. Bajaj Capital, Shop No. 15, Ground Floor, Deep Cinema Complex, Phase - 1, Ashok Vihar, Delhi – 110052, Ph: 64736944, 64640908. Bajaj Capital, United India Life Building, F-Block, Connaught Place, New Delhi – 1, Ph: 41790444 (30 Lines) 64640900-07. Bajaj Capital, Dda Shop No. 24, Ground Floor, Rama Krishna Market, No.1, I.
P. Extension, Patparganj, Delhi – 110092, Ph: 64736942, 64640931. Bajaj Capital, Dda Shop No. 24, Ground Floor, Rama Krishna Market, No.1, I. P. Extension, Patparganj, Delhi – 110092, Ph: 64736942, 64640931. Bajaj Capital, Dda Shop No. 4, Fd Market, Near Madhuban Chowk, Pitampura, Delhi - 110088, Ph: 64736902, 64640933. Bajaj Capital, 5/201, Sikka Complex, Iind Floor, Community Centre, Preet Vihar, Delhi-
110092, Ph: 64736909, 64640935 – 6. Bajaj Capital, 9, Ground Floor, Rajendra Bhawan, Rajendra Place (Opp. Rachna Cinema) New Delhi - 110008, Ph:, 64736940, 64640938. Bajaj Capital, 112, 1st Floor, Ansal Chamber- 1, Bhikaji Cama Place, New Delhi-110066, Ph: 64736916, 64640910. Bajaj Capital, F-1, Ist Floor, B-87, Defence Colony, New Delhi- 110024, Ph: 64736930, 64640912. Bajaj Capital, F-4, Hl Square,
Plot No. 6, Sector-5, Dwarka, New Delhi – 110075, Ph: 64736925, 64640915. Bajaj Capital, Shop No. 11 & 12, 7-A, Janakpuri Dist.Centre (Opp. Janak Puri Transport Authority), New Delhi – 110058, Ph: 64736912, 64640917. Bajaj Capital, Shop No. 3, Ground Floor, B-5, Tagore Market (Next To Post Office), Kirti Nagar - 110015, Ph: 64736922. Bajaj Capital, C-50, Shivalik, Main Road, Malviya Nagar, New Delhi-110017, Ph:
64736907, 64640923. Bajaj Capital, G-8&9, Ground Floor, Bhanot Tower, A-Block Opp. Jawala Heri Market, Paschim Vihar, New Delhi – 110063, Ph: 64640929, 64736947. Bajaj Capital, 19, Dda Market, Commerc ial Complex, Yusuf Sarai, New Delhi – 110016, Ph: 64640943 - 44, 64736937. Bajaj Capital, G-5, Ansals Satyam Building, Raj Nagar, District Centre, Ghaziabad – 201002, Ph: 0120 - 6493211,0120-6494070.
Noida: Bajaj Capital, Sector -29 A-2, Brahmputra Commercial Complex, Near Rail Reservation Centre, Sec. 29, Noida – 201301, Ph: 6494074 - 75, 6493213. Bajaj Capital, Sec-41 C-20, C Block Market, Sector-41, Noida – 201301, Ph: 2570410, 6494077 – 78. Patna: Bajaj Capital, Flat No. 108, 1st Floor, Ashiana, Plaza, Budha Marg, Patna – 800001, Ph: 0612- 6451056 - 59, 61 – 63. Pondicherry: Bajaj Capital, No. 127/A,
100 Ft. Road,Natesan Tower, 1st Floor, Natesan Nagar, Pondicherry – 605001, Ph: 0413 - 6452334, 6452335. Pune: Bajaj Capital, Shop No 6, Sanas Plaza, 1302, Subhash Nagar, Bazirao Road, Pune – 411002, Ph: 020-65009460, 61. Bajaj Capital, Suyash Plaza, Office No.08, 3rd Floor, Opp-Selene Building, Bhandarkar R oad, Near Kamla Nehru Park. Pune – 411004, Ph: 020 – 65009463. Bajaj Capital, Office No. 13, A
Wing, Kamala Cross Road, Opp. Pmpc Office, Old Mumbai Highway, Pimpri, Pune – 411018, Ph: 020 – 46500150-51. Rajkot: Bajaj Capital, Prathibha Complex, Near Jayesh Publicity, Moti Tanki Chowk, Rajkot – 360001, Ph: 0281-6450135, 37. Salem: Bajaj Capital, 22, Gf, Omalur Main Road, Salem – 636009, Ph: 0427 - 6452565, 6452566. Silliguri: Bajaj Capital, 3rd Floor, Jatin Das Sarani, (Near Jwel Club), Ashram Para,
Siliguri, Siliguri – 734001, Ph: 9641831375. Surat: Bajaj Capital, L-4, Ground Floor, Vishwakarma Chambers, Majura Gate Crossing Road, Ring Road, Surat – 395002, Ph: 0261-6450421, 6450422. Thiruvananthapuram: Bajaj Capital, Edamala Plaza, Tc 14/999 Opposite Police Headquarters, Vellayambalam Road, Vazahuthacadu Sasthamangalam Post, Thiruvananthapuram – 695010, Ph: 0491-6450176. Trichur: Bajaj
Capital, Viii/78/9, Bharatha Kshemam Building, Next To Sbi Atm, College Road, East Fort, Thrissur – 680005, Ph: 0487-6451533, 6451570. Trichy: Bajaj Capital, Swati Arcade, 73/1 - F 1st Floor Salaia Road, Thillai Nagar, Thiruchirapalli – 620018, Ph: 0431 - 6452094, 6452095. Vadodara: Bajaj Capital, 129 Siddharth Complex, R C Dutt Road, Vadodara – 390007, Ph: 0265 – 3088162. Varanasi: Bajaj Capital, D-58/53-54, 1st
Floor, Shiva Complex, Rath Yatra Crossing, Varanasi – 221010, Ph: 0265-6450181. Vijaywada: Bajaj Capital, Kalyan Complex 39-1-89, 1st Floor, Beside Obc Bank, Temple Street, M.G. Road, Labbipet, Vijayawada – 520010, Ph: 0265 – 6450181. Vishakhapatnam: Bajaj Capital, Door No. 10-1-125, 1st Floor, Asilmetta Junction, Beside Prasad Labs, Visakhapatnam – 530003, Ph: 0891-6461773, 74.
EDELWEISS BROKING LIMITED
Mumbai : Edelweiss Broking Limited, 104, 1ST Floor, P J Tower, Bse Bldg., Dalal Street, Fort, Mumbai – 400 001; Tel. : 022 – 67471345 / 67494588. Hyderabad : Edelweiss Broking Limited, 2ND Floor, Mb Tower, Plot No. 5, Road No. 2, Banjara Hills, Hyderabad – 500034; Tel. : 040 - 40316911 Indore : Edelweiss Broking Limited; 312, D. M. Tower, Race Course Road, Indore – 452001; Tel. : 0731-4061164 Jaipur : Edelweiss
Broking Limited; Green House 601 & 602; 6TH Floor, Ashok Aarg, Jaipur - 320 001; Tel. : 0141-4045167 Kolkata : Edelweiss Broking Limited; 2ND Floor, Savitri Tower, 3a, Upper Wood, Kolkata - 700 017 ; Tel. : 033- 40104635
ENAM SECURITIES PVT. LIMITED
Bangalore : Enam Securities Pvt Ltd,10/3, Ground Floor,No.29, Empire Infantry,Infantry Road, Pin- 560001, Ph:080- 40333222, Chennai : Enam Securities Direct Pvt Ltd,11, Vijay Delux Apts., 7/4 First Main Road, Cit Colony, Mylapore, Pin- 600004, Ph:044- 39184335 / 4226 Hyderabad : Enam Securities Direct Pvt Ltd,6-3-650/217b & C, Maheshwari Chambers, 2nd Flr.,Somajiguda, Pin- 500082, Ph:040- 39893626/30658502
Kolkata : Enam Securities Direct Pvt Ltd,S-205, Ideal Plaza, 11/1,Sarat Bose Road, Pin- 700020, Ph:033- 32426310/30588154 Mumbai : Enam Securities Pvt Ltd,Khatau Building, 2nd Floor, 44 Bank Street, Off Shahid Bhagatsing Road, Fort, Pin- 400023, Ph:022- 22677901 Enam Securities Direct Pvt Ltd,201-A, Laxmi Towers, Bandra Kurla Compex, Bandra (E), Pin- 400051, Ph:022- 66803600 Enam Securities Pvt Ltd,Hari
Chamber, Ground Floor, 58/64, Shahid Bhagat Singh Road, Fort, Pin- 400001, Ph:022- 22677901 New Delhi : Enam Securities Pvt Ltd,M-39, Iind Floor, Outer Circle,Opp.Super Bazar, Connaught Place, Pin- 110001, Ph:011- 49811200/201 Pune : Enam Securities Pvt Ltd,1248a, Asmani Plaza, Goodluck Chowk, Deccan Gymkhana, Shivaji Nagar, Pin- 411004, Ph:020- 25521606/406 Enam Securities Direct Pvt Ltd,101 & 102,
Silver Prestige, 1st Floor, Opp. Mccia, Tilak Road, Swargate, Pin- 411002, Ph:020- 30205492/93 Rajkot : Enam Securities Direct Pvt Ltd,308, 3rd Floor, Towar Commercial Complex,Jawahar Complex,Near Galaxy Hotel, Pin- 360001, Ph:0281- 2226383/384 Vadodara : Enam Securities Direct Pvt Ltd,Gf 9, Silverline Towers, Opp Bbc Towers,Sayajiganj, Pin- 390005, Ph:0265- 3026945/46 Enam Securities Pvt Ltd,642 Fortune
Towers, Sayajiganj, Pin- 390005, Ph:0265- 2225412
INTEGRATED SECURITIES LIMITED
Ahmedabad : Integrated Securities Limited, 21, Nirman, Gr.Floor, Behind Navrangpura Bus Stop, Navrangpura,Ahmedabad - 380 009. 26443289 / 26447825. Bangalore : Integrated Securities Limited, No 12, Ramanuja Plaza, Ground Floor, 5th Cross, Malleswaram,Bangalore - 560 003. 23446386 / 23461470. Bhopal : Integrated Securities Limited, Manasarovar Complex, Fm 14, ‘C’ Block, 1st Floor, Near Habibganj
Railway Station, Habibgang Station Road, Bhopal – 462 011. 4266005/4266006. Bhubaneswar : Integrated Securities Limited, 39 F, I Floor,Kalika Jewellery And Sons,Ashok Nagar,Bhubaneswar - 751009. 2530613 / 2530614. Chandigarh : Integrated Securities Limited, Cabin No.3, 1st Floor, Sco - 371/372/373, Sector - 34/A, Chandigarh - 160 022. 4659306 / 4659406. Chennai : Integrated Securities Limited, 1st Floor,
Kences Towers, 1, Ramakrishna Street, North Usman Road, T.Nagar, Chennai - 600 017. 28140484. Coimbatore : Integrated Securities Limited, Janaki Apts., Ground Floor, 29/176, Ramalingam Road (West), R.S. Puram, Coimbatore - 641 002. 2471944 / 2471505. Dhanbad : Integrated Securities Limited, Shri Ram Plaza, 3rd Floor, Shop No.308, Bank More, Dhanbad -Jharkhand - 826001. 2304331 / 2307635. Faridabad :
Integrated Securities Limited, Shop No.427, 4th Floor,Shubham Towers, N.I.T Faridabad - 121 001. 2411230 / 2415644. Guntur : Integrated Securities Limited, 6-9-15,9/1 Aurndelpet,Guntur - 522002. 2326624 / 2337809. Hyderabad : Integrated Securities Limited, No.5-10-197/A, G4, I Floor, Reliance Krishna Apts, Beside Kalanjali Bhavan, Navad Pahad, Hill Fort Road, Hyderabad - 500 004. 23242375 / 23242472
Jaipur : Integrated Securities Limited, 406, 3rd Floor, Shalimar Complex, (Opposite To Church), Church Road, M.I. Road, Jaipur – 302001. 2378801 / 2378802 Jamshedpur : Integrated Securities Limited, Shop No.8, Meghdeep Apts, H No.5, Line No.2, Q Road, Bistupur, Jamshedpur, Pincode - 831001, Jharkhand. 2756319 / 2756321 Kakinada : Integrated Securities Limited, Lig 7, 2-6-38, Ap Housing Board, 100 Building
Center, Srinagar,Kakinada - 533 003. 2377258 Kochi/Ernakulam : Integrated Securities Limited, Raj Soudh’, I Floor, 39/3477, M.G.Road, Ernakulam - 682 016. 2358922 /2358923 Kolkata : Integrated Securities Limited, Trikut,Flat No.1-B, 4c Lansdowne Place, Opp. Road Of Ramakrishna Miss ion Hospital, Kolkata - 700 029. 2474600 / 24742705 Lucknow : Integrated Securities Limited, 207 - A, 2nd Floor, Saran Chambers
Ii, 5, Park Road, Lucknow - 226 001. 2235736 / 2236766 Madurai : Integrated Securities Limited, 82, 1st Floor, Vakkil New Street, Madurai - 625 001. 2630305 / 2620560 Mangalore : Integrated Securities Limited, F-1, 1st Floor, Ram Bhavan Complex, Kodialbail - 575 003. 2440163 / 2447051 Mumbai : Integrated Securities Limited, 15 , 1st Floor, Modern House, Dr.V.B.Gandhi Marg, Fort, Mumbai – 400 023. 4066 1800
Mysore : Integrated Securities Limited, 133, Shika Towers, Second Floor, Rama Vilas Road, Mysore - 570 024. 2424188/4266682 Nagpur : Integrated Securities Limited, Block No.108, Sathyam Towers, (First Floor), (Next To Hotel Sunny International), (Diagonally Opposite To Big Bazaar), Plot No.8, Wardha Road, Dhantoli, Nagpur – 440012. 2420105 / 2420106 Nashik : Integrated Securities Limited, B Wing, Parshuram
Apts, Opp. Times Of India Office, College Road,Nasik - 422 005. 2575524 /2316300. Nellore : Integrated Securities Limited, Shop No.27, Co-Operative Bank Shopping Complex, Trunk Road, Nellore - 524 001. 2326297/ 2332040 New Delhi : Integrated Securities Limited, 1691 / 36, (I Floor), Arya Samaj Road,(Opp. To Satbhrawan School), Naiwala, Karolbagh, New Delhi – 110 005. 45170331 To 332 Panaji : Integrated
Securities Limited, 106, 1st Floor, Durga Chambers, Opp. Kenis Hotel, 18th June Road, Panjim,Goa - 403 001. 2426904/2426905 Patna : Integrated Securities Limited, No.313, Jagat Trade Centre, Fraser Road, Patna 800 001.Bihar. 2205943 Pondicherry : Integrated Securities Limited, No.40-A, Aurobindo Street, (Between M.G.Road & Mission Street), Pondicherry – 605 001. 2222155/4207233 Pune : Integrated
Securities Limited, 7 And 8 Arthshilp, Gr.Floor, 1349, 1350, Shukrawar Peth, Bajirao Road,Pune - 411 002. 24473944/24481891 Rajahmundry : Integrated Securities Limited, 6-14-7/1, Opp. Pala Varthakula Sangam, Achantavari St, T.Nagar,Rajamundhry - 533101. 2422120/2437533 Rajkot : Integrated Securities Limited, 130, Star Chambers, 1st Floor, Harihar Chowk, Dr. Rajendra Prasad Road,Rajkot - 360 001.
3041451 / 2240373 Salem : Integrated Securities Limited, No.19/2 Ab Gandhi Nagar,(1 Flr),Annapuram,Opp.To Raja Thirumana Mahal Salem-636004. 2446727 / 2336746 Surat : Integrated Securities Limited, C-18 Belgium Chambers, I Floor, Next To City Union Bank Ltd., Main Ring Road, Surat - 395 003. 2410815 / 2454535. Thane(Mumbai) : Integrated Securities Limited, 102, 1st Foor,Shree Krishna Complex Chs
Ltd.Dada Patil Wadi, (Next To Ganesh Towers) Thane West – 400 602. 25301256/25301257 Thiruvananthapuram : Integrated Securities Limited, Aashiana, Tc 28/2829-2, 1st Floor, Kuthiravattom Road, Trivandrum – 695 001. 2461593/2478225 Tirupati : Integrated Securities Limited, D.No.10-13-490a, 2nd Floor,Reddy & Reddy Colony, Beside Krishna Reddy Hospital,Tirupathi - 517501. 2224001 / 2224003 Trichur :
Integrated Securities Limited, 3rd Floor Ambika Arcade,M.G. Road, Thrissur - 680 021.Kerala. 3204561/3204562 Trichy : Integrated Securities Limited, Chitra Complex - No.11, Gr. Floor, Near Chatram Bus Stand, Trichy - 620 002. 2703670 / 2716387 Vadodara : Integrated Securities Limited, F- 40/41, National Plaza, 1st Floor, R.C.Dutt Road, Alkapuri, Baroda - 390 007. 2343677 / 2341608 Vijayawada : Integrated Securities
Limited, D No. 29-13-29, Ist Floor, Kaleswara Rao Road, Near Dornakal X Roads, Besides Indian Bank, Suryaraopeta, Vijayawada - 520 002. 2472414/2470517 Visakhapatnam : Integrated Securities Limited, Tc-1, 3rd Floor, Dwaraka Plaza, Main Road, Dwaraka Nagar, Vizag - 530 016 . 2513606 / 2747020
SMC GLOBAL SECURITIES LIMITED
Agra : F- 4, Block No 35, Surya Kiran Building Near Metro Bar Sanjay Place Agra Ph No 7520787708 , Ahmedabad: 3rd Floor, Sun City House, Besides Pantaloon, Opp Kotak Bank, Mithakhali Six Road, Ahmedabad - 380009. Ph No 9427181917; 10-A, Kalapurnam,C G Road ,Near Municipal Market, Ahmedabad 380003 Ph No 9825612323 Bangalore: Premises # 7,8,9,10,Ground Floor,Gold Tower,#50(Old #
98),Residency Road,Bangalore – 560025 Ph No 09739112254 Bhavnagar: No. 113, Ist Floor, Shopper’s Plaza,Waghavadi Road , Bhavnagar ,Gujarat - 364001 Ph No 9377621422 Bhopal : 313, Iind Floor Jyoti Complex M P Nagar,Zone-I Bhopal – 462011 Ph. No.-07828988899 Bhubaneswar ; House No.5, Janpath, Unit-3,Bhubaneswar ,Orrisa 751007 Ph No 9338568767 Chennai: 2nd Floor, ‘A’ Mookambika
Complex,No.4, Lady Desikachari Road,Mylapore, Chennai – 600004 Dehradun : 7,8,9&10 Shiva Palace, Second Floor, Rajpur Road Dehradun 248001 Ph No 9368572105 Hisar : Mago Securities Ltd 104, Scfgram, 1st Floor Green Squar Market Hissar Ph No 09416023332 Hyderabad/Secund’bad : 206, 3rd Floor Bhuvana Towers, Above Cmr Exclusive, S D Roadsecunderabad, 500003 Ph No 9347453777 Indore : 206,Gold
Arcade 3/1 New Palasia Opp Curewell Hospital, Indore, M P Ph No 9826062666 Jaipur : 401, Fourth Floor Shyam Anukampa Opp Hdfcbank Ashok Marg C Scheme Jaipur Ph No 9929644402 Jamshedpur : K2-L1 Tiwary Becher Complex,P.O. Bistupur ,Jamshedpur 831001 Ph No 9934399678 Jodhpur: 201, Poonam Complex, Iii-C Road, Sardapura, Jodhpur, Rajasthan 342 003 Ph No 9314712688 Kanpur : Spfl House 15/
63 Civil Lines Near D A V Degree College Kanpur Ph No 9336836894 , 15/240 - I, Civil Lines, Kanpur, 208001 Ph No 9936449444 Kolkata : 18,Rabindra Sarani Podder Court Gate No 4, 5th Floor Kolkatta -700001 Ph No 09933664479 Kota : 4-A-6 Talwandi Kota Rajasthan Ph No 09829116982 Lucknow: Radha Krishna Bhawan, Plot No. 3/A, 5 Park Road, Lucknow Ph No 9839826932 Meerut : C/O Ksb Capital Services Ltd
Shop No-1,First Floor,Hari Laxmi Road,P K Road,Crossing Meerut Ph No 9837024084, Kaveri Complex, P.L. Sharma Road Meerut Ph No 9837101412 Mumbai : 258,Perin Nariman Street First Floor Fort Mumbai -400001 Ph No 09821111219 New Delhi : 17 , Netaji Subhash Marg, Opp. Golcha Cinema Daryaganj, New Delhi-110 002 Ph No 9818620470 , 6b, First Floor Himalaya House 23, K G Marg Connaught Place New
Delhi -110 001 Ph No 9958696929, Rajkot : 302/B 3rd Floor, Shivalik - 5 | Makkam Chowk | Gondal Road. Rajkot -360 002 Ph: 8000903984 Varanasi: Shilpi Nahar K 65/24, Jalpa Devi Road Kabir Chauraha, Varanasi Pin 221001 Ph No 9336612587
SPA CAPITAL SERVICES LIMITED
Agra : Shop No. 9,10,11, Block No. 17/2/4,Friends Wasan Plaza,Sanjay Place, Agra -282002. 0562 - 4057127,0562-3277942/943 Ahmedabad : 803, Shivalik Building,Near Panchwati Cross Road, Ambawadi,Ahmedabad. 079-30413900-02/9426449173 Ajmer : SPA FINANCIAL ADVISOR,3/7 KOTAWLI SCHEME,KHAILAND MARKET,P.R. MARG,AJMER-305001. 0145-3239021 Bangalore : 703 & 704, 7th Floor,Brigade Tower,
135, Brigade Road,Bangalore - 560025. 080-42977000-20 Bhubhneshwar : Badal Niwas, 168-169A, 1st Floor (Above Havels), Bapuji Nagar, Bhubaneswar, Orissa- 751009. 0674-2597266/414 Chandigarh : 1st Floor, SCO - 307,Sector - 38-D,Chandigarh -160036. 0172-46720100172 - 3001600 , 4678545 Chennai : Door No:2, 5th Floor, Phase II, Kasi Arcade, No:14, Sir Thyagaraya road, T.Nagar, Chennai - 600017.
044-43993400 Cochin : SPA Capital Services Ltd.,Ground Floor, Pravanavam Towers, SA Road, Near Welcare Hospital, Vyttila Pin :682 019. 0484 -3115720, 0484 -3115916 Coeimbatore : No.60, 1st Floor, Krishna Arcade, Subramaniam Road, R.S.Puram, Coimbatore 641002. 0422- 4229666/4377718 Guwahati : Mayur Gardens, Ground Floor,Op. HDFC Bank, G.S. Road,Guwahati-781005. 0361-2465472/69 Hyderabad :
No.101, Dr. No,6-3-1090 A/12, Manbhum Jade Towers, Raj Bhawan Rd, Fortune Katriya Lane, Somajiguda, Hyderabad. 040 - 44330300 Jaipur : Prime Plaza, 26, Gopalbari, Opp. Vidhayakpuri Police Station, Jaipur - 302001. 0141-4260007 / 4260006 Jamshed

MUTHOOT FINANCE LIMITED : COLLECTION CENTREES FOR APPLICATION FORM

AXIS BANK LIMITED
Ahmedabad : ‘Trishul’, Opposite Samartheshwar Temple, Law Garden, Ellis Bridge, Ahmedabad 380 006, Gujarat 079-66306102,079-66306116 Bharuch : Shri S’ad Vidya Mandal Institute Of Technology, Bharuch 392 001, Gujarat 02642-248219/225221,Kalol-9925554957 Bhubaneswar : C/O. Archbishop’s
House, Satyanagar, Bhubaneshwar 751 007. Rashmita-9437106311 Bijapur : 1st Floor, V.K.G. Complex, M.G. Road, Bijapur 586 101. Karnataka, 9900340031/08352-224194/95/96 Calicut : Ground Floor, Marina Mall, Ymca Cross Road, Calicut , Kerala, Pin 673001 Chennai : 82, Dr.Radhakrishnan Salai,
Mylapore, Chennai 600 004 Tripulraj -044 28306828 / 9865170369 ,9884159985 Gulbarga : Jawali Complex, Super Market, Gulbarga 585 101, Karnataka 9849479090 Gurgaon : Sco-29, Sector-14,Near Huda Office, Old Delhi-Gurgaon Road,Gurgaon-122001 Haryana 0124-2221930/31 Indore : Kamal
Palace, 1, Yeshwant Colony, Y N Road, Indore 452003. 080-25317830 / 25370675/72 Jabalpur : Ground & First Floor, Panchratna Building, Plot No. 902, Model Road,Wright Town, Jabalpur, Madhya Pradesh, Pin 482002. 0761-4065004 Jaipur : O-15, Green House, Ashok Marg, C-Scheme, Jaipur 302
001. 9166761356 Jamnagar : Jaidev Arcade, Ground Floor, Park Colony Main Road, Near Joggers’ Park, Jamnagar 361008, Gujarat 9327470007, 9574988722 Karnal : 3/250, 1-Shakti Colony, Mall Road, Karnal 132 001 Haryana 8053103942 Kochi/Ernakulam : 41/419, Ground Floor, Chicago Plaza, Rajaji
Road, Ernakulum, Kochi - 682 035. 080-25317830 / 25370675/110 Kolkata : Ground & First Floors, 7, Shakespeare Sarani, Kolkata 700 071. 033-28242933/496 Mangalore : Essel Towers, Bunts Hostel Circle, Mangalore - 575 003 . 9900981725 Meerut : Hotel Crystal Plaza, G -2/47,Civil Lines Boundary
Road, Meerut 250 001, Meerut District Uttra Pradesh 9411987779 / 0121-2664404 Mumbai : Universal Insurance Bldg. Ground Floor, Sir. P. M. Road, Fort, Mumbai 400 001. 022-66101031/1088 Nashik : Mazda Towers, Tryambak Naka, F.P. No.183, C.T.S. No.620.9 Gpo Road, Nashik 422001, Maharashtra
0253-6627497/99 Newdelhi/Delhi : “Statesman House”, 148, Barakhamba Road, New Delhi 110 001. 011-23311047/051 Noida : B2-B3, Sector 16, Noida, U.P. - 201 301. 080-25317830 / 25370675/51 Raichur : Mpl No. 1-10-151 & 152/1, Kubera Palace, Station Road, Raichur 584 101, Karnataka 08532-
225699/799/899 Siliguri : Spectrum House, Sevoke Road, Siliguri 734 001, West Bengal 02640001/2/3/4/5 Thane(Mumbai) : Mohan Three Wheelers Ltd. Showroom, Dheeraj Baug, Lbs Marg, Naupada, Thane (W)400602.080-25317830 / 25370675/90 Thiruvananthapuram : 2/2421, Condor Plaza, M.G.
Road, Pattom, Thiruvananthapuram 695 004, Kerala 0471-2558469/70/71 —4400703/06
HDFC BANK LIMITED
Agra : First Floor,Pariney Garden,Bhagfarjana, Civil Lines, Agra - 282002. 0562 - 4010382 Asansol : P.C Chatterjee Market , Rambandhu Talaw , Asansol , Pin - 713303. 0341-2315179 , 9332277661 Bangalore : Hdfc Bank Ltd., Cash Management Services “Salco Centre” # 8/24, Richmond Road 560025.
8066633131 09343790037 Bhilwara : Hdfc Bank Ltd., Wbo, Shop No. 1-2-3-4, “A” Block, First Floor, Sk Plaza, Pur Road Bhilwara (Raj.) 311001. 01482-512686, 9351302102 Bhubaneshwar : C111, Business Park, 1st Floor, Sahid Nagar 751007. 0674 2543486 / 0 9338182087 Bikaner : Hdfc Bank Ltd.
Roshan Plaza, Rani Bazar, Bikaner 334001, 0151-5130042, 09314232073 Burdwan : 45 Gt Road/Burdwan-713101. 0342-2566355/9333744965 Calicut : Hdfc Bank Ltd, Iii Floor, Simax Towers, Kannur Road, Nadakkave, Calicut 673011. 9349206616, 9388241847/ 0495- 4433154,155 Chandigarh : Sco-
189-190 Sector 17 C 160017. 0172-4603770-5088306/09316175094 Cuttack : Hdfc Bank Ltd, Holding No 32, 32/A Bajrakabati Road, Cuttack ,Orissa - 753 00. 0671-2332744 / 933801 6590 Davangere : #651 B H M Enclave, Hm Road, Mandipet,Davangere 577001. 08192-232781/82 Dhanbad : Sri Ram
Plaza , 1st Floor, Bank More Dhanbad 826 001. (0326) 2308831Durgapur : Balai Commercial Complex,3rd Floor. Benachity,Nachan Road. 713213. 0343-2588501/9330038188 Erode : No.680,Lotus Enclave,Brough Road,Erode 638001. 0424-2261287 Gorakhpur : Wholesale Banking Operations,Shreenath
Complex, 10, Park Road, Civil Lines 273 001. 0551-2205685 / 0551-3208666 / 09335086506 Gwalior : J K Plaza, Gast Ka Tazia, Lashkar 474001. 07514015007/9300788558 Hissar : 3 & 4 Mc Area Red Square Market Railway Road Hisar 125000. 01662-241023 Kakinada : #20-1-46,Main Road,Opp Srmt
533 001. 844-2387666-555,093911-3249 Kanpur : 15/46, 1st Floor, Civil Lines, Kanpur-208001, 0512-3028933, 09369078559, 09336015983 Kolkata : Abhilasha - Ii, 6 Royd Street (2nd Floor) 700016. 22273761, 9331992557, 9331430891 Madurai : Sri Nithyakalyani Towers, No 34 Krishnarayan Tank Street,
North Veli Street 625001. 0452 4246609 , 4246609\9367156995 Mumbai : Ground Floor, Maneckji Wadia Building,Nanik Motwani Marg,Near Kala Ghoda,Opp Mumbai University,Fort Mumbai- 400 001. 022-40801570 / 1528 / 1570 / 1560 Navsari : Gr Flr , Nandani Complex , Station Road
396445. 02637-280901,9327568065 Nellore : 17/126, G.V.R. Enclave, G.T. Road, Nellore - 524001. 0861-6450852/0861-2327171 Pondicherry : T.S.No.6, 100ft Road, Ellaipillaichavady 605005. 0413 - 2206575/9362845444 Raipur : Hdfc Bank Ltd, Chawla Towers, Near Bottle House, Shankar Nagar ,
Raipur, Chhattisgarh 492007. 0771-4003110/3112 Rajahmundry : 46-17-20, 1stfloor, Danavaipet, Rajahmundry 533103. 0883-2428691 / 0883-2428826, Rim:9391132485 Rajkot : Shivalik - V , 3rd Floor, Gondal Road, Rajkot 360002. 0281-6536982/09377408494 Ranchi : 56 Rohini Complex Circular Road
Lalpur Ranchi 834001. 6512560522 Salem : Hdfc Bank Ltd,5/241-F Rathan Arcade,Five Roads, Meyyanur, Salem-636004. 0427-2331604 Shillong : Anders Mansion, Police Bazar,Shillong 793001. 3642506043 Solapur : Hdfc Bank Ltd 8516/11 Murarji Peth,Sun Plaza Bldg,Lucky Chowk,Solapur - 413007.
0217-2320877 - 9325230208 Surendranagar : Middle Point, A Wing, Nr : Milan Cenama, Main Road, Surendranagar 363002. Rim : 9328208807/02752-650105 Tirupati : Hdfc Bank Ltd, 19-8-180,Krishna Arcade, Beside Ibp Petrol Pump, Near Annamaiah Circle 517501. 9391132489/ 9347527320/ 8772220374
Tirupur : Hdfc Bank Ltd,No-169,Chidambaram Complex,Kumaran Road,Tirupur - 641601. 0421-4342422 Trichy : No.11 Pla Kanagu Towers, 11 Th Cross , Main Road, Thillainagar 620018. 0431-2742204 & 09364192987 Udupi : Panduranga Tower/ Diana Circle, Court Road, Udupi —5760101. 0820-
4294936/9343789969 Vijayawada : 40-1-48/2, 2nd Floor,Valluri Complex, M G Road 520010. 0866-6647400/9395153648
ICICI BANK LIMITED
Ahmedabad : JMC House, Opp. Parimal Gardens,Opp Parimal Garden, Ambawadi, Ahmedabad - 380 006. (079) 66523717-719,9825443232 Bangalore : ICICI Bank Towers, 1, Commissariat Road, Ground Floor, Bangalore 560025, 080 - 41296007,9845728959 Belgaum : Shree Krishna Towers, #14, Khanapur
Road, RPD Cross, Tilakwadi, Belgaum.590006, 0831 -2404 203, 2404 204,2404 205,9845300729 Bharuch : Blue Chip Complex, Sevashram Road, Panchbatti,Bharuch 392001. 02642 - 252451/ 52 / 53, 9825400250 Chennai : 110, Prakash Presidium, Uthamar Gandhi Salai, (Nungambakkam High Road),
Chennai. 600034. 044 - 28228003,4,28220713,28222461,28222399,28256359, 9940161609 Coimbatore : Cheran Plaza, 1090, Trichy Road, Coimbatore. 641018. 0422-4292102 - 4292115,9944422101Dehradun :ICICI Bank Ltd., NCR, Plaza,24, New Cantt Road, Hathibarkala, Dehradun, Uttaranchal
- 248001. 248001, 0135 - 2743664/0135-2743663, 9719101626 Faridabad : ICICI Bank Ltd., Booth No. 104-105, District Centre, Sector 16, Faridabad- 121007, Haryana 121007. 0129-4091401-437, 9873332015 Guntur : ICICI Bank Ltd., 5-82-2, PMG Complex, Lakshmipuram Main Road, Guntur - 522002
(Andra Pradesh) 522002. 0863 - 2233653 / 2252500 / 2234391, 9895040302 Gurgaon : ICICI Bank Ltd, SCO 18 & 19, HUDA Shopping Centre, Sector-14, Market Complex, Gurgaon - 122001.0124 - 4267151-7, 9873344279 Guwahati : Ground Floor, Shanti Complex, G S Road, Bhangagarh, Guwahati.781005,
0361 - 2452748,2452743,2450943, 2457782, 9954190813 Hubli : Eureka Junction, Travellers Bungalow Road, Hubli. 580029, 0836 - 4265212,4265216,4265223,4265240,4265229, 9945512411 Hyderabad : 6-2-1012, TGV Mansions, Opp. Institution of Engineers, Khairatabad, Hyderabad. 500004, 040
- 23301534. 9885580144 Jaipur: C-99, Shreeji Towers, Subhash Marg, Near Ahimsa Circle, C Scheme, Jaipur. 302001, 0141 - 5107444, 0141 - 2361992 , 829050105 Jamshedpur : Natraj Mansion, Main Road, Bistupur, Jamshedpur. 831001, 0657 - 2422509 / 10 / 2425907 / 12, 9934011710 Kanpur
: J.S Towers 208001, 0512 - 2331041,42,43,44,45, 9838077035 Kochi / Ernakulam : Emgee Square, M.G.Road, Ernakulam, Kochi. 682035. 0484 - 4081222, 9895779820 Kolhapur : Ground Floor, Vasant Plaza, Rajaram Road, Rajarampuri, Kolhapur. 416001,0231 - 2534292/3/4, 9923001769 Lucknow
: ICICI Bank Ltd, Shalimar Tower, 31/54 M.G. Marg, Hazratganj, Lucknow -226001. 0522 - 2214246 /2214247 / 2214254,9839531144 Madurai : 33, North Chitrai Street, Madurai. 625001, 0452 - 2628027/,2628072,99949 44788 Mumbai (Capital Market Div.) : 30,Mumbai Samachar Marg 400001. 022-22627600
Mysore : 2950, Aishwarya Arcade, 9th Cross, Kalidasa Road, V.V. Mohalla, Mysore. 570002, 0821-2414006/2412222/2416888,9880850996 Nagpur : Vishnu Vaibhav, 222, Palm Road, Civil Lines, Nagpur.440001,0712 - 2540302 / 5614040 /2561983 /2540294,9923750309 New Delhi : 9A, Phelps Building,
Inner Circle,Connaught Place, New Delhi.110001,011 -41517954-58,9899699261 Noida :K-1, Senior Mall, Sector 18, NOIDA-201301, Uttar Pradesh 201301, (0120) - 4059801-75,9899457693 Pondicherry : 47, Mission Street, Pondicherry. 605001,0413 - 2332237 / 38 / 42, 9894630655 Pune: A-Wing,
Shangrila Gardens, Bund Garden Road, Pune 411001, 020 - 66270640 / 66270641,9821807561 Salem: Swarnambigai Plaza, S. F. No. 6/5, Block no. 7, Ward-C, Omalur Main Road, Near Bus Stand, Salem.636009,0427 - 2336635 / 36 / 39, 9944944120 Surat : Anjan Shalaka, Lal Bungalow, Athwa
Lines, Surat 395007. 0261 - 6452556, 2258234/35,9825484440 Trichy : New no - 58, West Bouleward Road, Trichy 620002 , 0431 - 2702252 / 2704052, 9994686661 Vadodara : Landmark Building, Race Course Circle, Alkapuri, Vadodara 390007. 0265 - 2339923 / 2339924 / 2339925 / 2339927 /
2339928,9825504998 Visakhapatnam :47-14-18, Isnar Satyasri Complex, Main Road, Dwarkanagar, Vishakapatnam 530016. 0891 - 2500641 - 43,45,46,9885080180
INDUSIND BANK LIMITED
Ahmedabad : World Business House, M. G. Road ‘Nr. Parimal Garden, Ellis Bridge Ahmedabad - 380 015 ‘ [email protected] 079-26426104 - 8, 26560401 Allahabad : Ganpati Towers, 56 Sardar Patel Marg’civil Lines, Allahabad - 211 001 ‘[email protected], 0532-2260354, 2260353, 2260355
Ajmer : Rang Vihar, 9/86,Kutchery Road ‘M. G. Road, Ajmer - 305 001 [email protected], 0145-2631999, 2428239, 2428240, 2428251 Bhavnagar : Shop Nos 1 To 7 And 13, Madhav Hills ‘Waghawadi Road, Bhavnagar – 364 002 [email protected] 0278-2512055,2512088 Dehradun : Ground Floor,
59/4, International Trade Center, Rajpur Road,’Opposite Uttaranchal Secretariat, Dehradun 248001 ‘[email protected], 0135-2740411/ 2740522, 2740433 Hyderabad : H. No. 16-11/740/4/A/1/G, Next To Nalanda College, Gaddiannaram, Dilsukh Nagar, Hyderabad – 500 006. 040-24064411/12. Indore
: Industry House15 Agra Mumbai Road,’Old Palasia, Indore - 452 001. ‘[email protected], 0731-2542696 / 7 / 8/2545309,2539092 Jamnagar : Shivam Complex, Teen Batti, Opp. Badri Complex,’Jamnagar -361 001 ‘[email protected], 0288-2664321,2664322 Jodhpur : Showroom No. 3&4, Olympic
Tower Bldg.,’Station Road, Jodhpur 342 003 ‘[email protected]. 0291-2627491/ 2647738/39/ 2622765, 5105662 Kolkata : P-9, Gariahat Road, ‘Kolkata 700 029 ‘[email protected], 033-2465 3731 - 33, 24653730 Kota : 412 Shopping Centre,’Kota 324 007 ‘[email protected], 0744-2366678
- 80, 2366681 Lucknow : Mahila Vidyalaya, Ganga Prasad Road, Aminabad,’Lucknow (U.P.) ‘[email protected] 0522-2614336, 2622870, 2625994,2625994 Ludhiana : Upsc Jain Public School,Chandigarh Road, Urban Estate Ii, Ludhiana – 141010 ‘[email protected], 0161-2678500, 5538500,2678500
Mohali : Vill – Landran, Kharar Road, The & Dist - Mohali, Punjab,Pin-140307 Mumbai : Premises No. 1, Sonawala Building 57, ‘Mumbai Samachar Marg, Fort, Mumbai 400 001 ‘[email protected], 022-66366580 - 83, 66366590 Nagpur : Shop No. 2, Gandhi Grain Market,Near Chapru Nagar Square,
Central Avenue,Nagpur – 440 008. 712-2762305, 2762306,2762307,2762308.Newdelhi/Delhi : Dr. Gopal Das Bhawan28,’Barakhamba Road, New Delhi - 110 001. ‘[email protected], 011-23738040 / 8408 / 8407 Ext 225 23715895 / 23715902,23738041Surat : G-2, Empire State Bldg., Near Udhana
Darwaja,’Ring Road, Surat 395 002 ‘[email protected], 0261-2346473, 2366823 / 24 / 27 / 30, 2346469 Udaipur : 2-C, Chowgaan Yojana, Near Lok Kala Mandal,’Panchavati Choraha, Udaipur - 313 001 ‘[email protected], 0294-2417294/295, 2415240 Vadodara : 4,5,6 Ground Floor,Gold Croft,Vishwas
Colony,Jetalpur Road,Baroda,Gujarat,Pin-390 005. [email protected], 0265-2512595, 2512597, 2512596
KOTAK MAHINDRA BANK LIMITED
Ahmedabad : Ground Floor,Chandan Houseopp. Abhijeet Iii,Near Mithakali Six Roads,Navrangpura, Ahmedabad - 380006. 079-66614800 Allahabad : 2. Sardar Patel Marg, Civil Lines, Allahabad - 211001. 0532 2427346 Amritsar : 10 , Kennedy Avenue, The Main Mall Road, Amritsar 143001. 0183-
5002950 Anand : P.M.Chambers, Mota Bazar, Vallab Vidya Nagar, Anand - 388120. 02692-229993 /94 Bhavnagar : Bhavna Construction Company, Plot No 2108 /A, G.R.Sterling Centre, Waghwadi Road, Bhavnagar - 364001 . 0278 6452201-4 Bhopal : 214, Bhagwan Complex,Zone 1 , M P Nagar,Bhopal
- 462016. 0755 4061007 Chennai : Capitale’,Ground Floor,555, Anna Salai,Chennai - 600018. 044- 42040211 Jalandhar : Midas Corporate Park, G T Road, Jalandhar - 144001. 0181-5065125 Kolkata : Apeejay House 15, Parkstreet ,Kolkatta - 700016. 033- 44011974 Mumbai : 5 C/ Ii, Mittal Court 224,
Nariman Point,Mumbai - 400001. 91-22-66563408 Newdelhi : Ground Floor, Ambadeep,14, K.G. Marg, New Delhi-110001. 011 43543648 Patna : Shop No 3,4,5, Ahmad Husain Complex, Exhibition Road , Gandhi Maidan,Patna - 800001. 0612-6451069-71 Udaipur : Trimurti Heights 8-C, Bank Street,
Madhuban, Udaipur - 313004. 0294-5105454 Vijayawada : 40-1-48/1, M.G.Road, Labbipet , Vijayawada - 520010. 0866-6637508 Visakhapatnam : The Landmark - Unit G-1, Waltair Ward, Ward No 18, Waltair Uplands, Visakhapatnam - 530003. 0891 6646719
YES BANK LIMITED
Agra : Yes Bank Ltd. 116/8 Sanjay Place –Agra –Up 282002. 0562-4049000/5 Ahmedabad : Yes Bank Limited, Unit No. G/3,102-103, C.G.Centre, C.G.Road, Ahmedadad-380 009. 079 -66319000 Aurangabad : A-7 Gr Floor, Aurangabad Business Centre, Adalut Road, Aurangabad 431005, 0240 6619000
Bangalore : Yes Bank Limited, Ground Floor, Prestige Obelisk, Kasturba Road, Bangalore - 560 001. 080-40179002 Chennai : Yes Bank Limited, Ground Floor, 143/1, Uthamar Gandhi Salai, Opp. Park Hotel, Nungambakkam, Chennai 600 034, 044 – 28319000 Coimbatore : Yes Bank Ltd 694 – A1 , Manchester
Kriishna Land Mark, Avinashi Road, Coimbatore 641037. 0422 6649112 Jaipur : Yes Bank Limited, G2, First Floor, Green House, Ashok Marg, Jaipur - 302 001. 0141-3983839 Jodhpur : 117/ Pwd Colony, Jodhpur -342001. 0291-3981210 Kolkata : Yes Bank Limited, 19, Camac Street, Kolkatta -700017.
033-39879000 Ludhiana : Yes Bank Limited ,B-Xx/2427/928gf-Ff, Gobind Nagar,Main Ferozpur Road, Ludhiana - 141001. 0161-4689041 Mumbai : Yes Bank Limited, 4th Floor, Br Anne Beasant Road, Nehru Centre, Iscovery Of India Building, Worli 400018. 022-66699222 / 022-66209131 / 022-66699267
/ 022-66699205 Nagpur : Yes Bank Limited, Ground Floor, Swami Sadan , Plot No . 206/1a Gpo Square Vip Road , Civil Lines , Nagpur - 440001. (712) 6628823 Newdelhi/Delhi : Yes Bank Ltd, 48, Nyaya Marg, Chanakyapuri, New Delhi -110021. 011-66569036 Rajkot : Yes Bank Ltd, 1st Floor, Nath Edifice,
Race Course Circle, Dr. Yagnik Road, Rajkot 360001. 0281 – 6691404 / 401 / 407/ 409 Shimla : Yes Bank Ltd, Ground Level, Timber House,Cart Road,Shimla - 171001. 0177-6629022
DHANLAXMI BANK LIMITED
Ahmedabad : Dhanlaxmi Bank, 3, Motilal Chambers , Income Tax Circle, ,Near ‘Sales India’,Ashram Road ,143- Ahmedabad ,Ahmedabad Dist, Gujarat - 380 009. 64502690 , 64502692, 64502694,9099976003 Bhopal : Dhanlaxmi Bank , Ground Floor, Vnv Plaza, Plot No:6, , Zone -2, Maharana Pratap
Nagar , Bhopal ,Madhya Pradesh - 462 011, 9584003000 Chandigarh : Ground Floor, Rai Building, SCO 93 & 94, Sector - 17 B&C, Near K C Cinemam Chandigarh - 160017. 0172 - 6538924, 6538925, 6538926 Ernakulam : Dhanlaxmi Bank, 32/2383, Kmm Building, Opposite Kseb ,S N Junction , 38-
Palarivattom ,Ernakulam Dist ,Kerala - 682 025. 0484-6453447 ,6453441, 9539004239, 9539003788 Guntur : Dhanlaxmi Bank : Guntur Branch,P S Complex, D.No: 4-12 (40),Naidupet,1st Lane,,Koretipadu Main Road, Andhra Pradesh - 522 002. 6450287, 6450288, 6450597, 9160020333,9160020315
Kolkata : Ideal Plaza, Ground Floor, 11/1, Sarat Bose Road, 154- Kolkata, West Bengal - 700 020. 22815100, 9674165252, 9674741704 Mangalore : Dhinda Chambers,Ground Floor, No.5-5-301/3, Kodialbail, M G Road, Opp:S B M Law College, 70- Mangalore, Karnataka - 575 003. 0824-6450741/59/
52, 9742261735 Mumbai : The Dhanlaxmi Bankground Floor,Janmabhoomi Bhavan,Plot 11-12 ,Janmabhoomi Marg ,144- Fort, Mumbai ,Maharashtra - 400 001. 022- 22871658, 22022943, 9619224452, 9619490118, 9167390838 Mysore : Sri Lakshmi Arcade, D No:14, 4th Main,8th Cross, Kamakshi Hospital
Road, Saraswathypuram, Mysore-570009. 821 - 6450490/91/93, 9742264145 Nellore : Dhanlaxmi Bank : 15/345, Brindavanam , Behind Vijaya Dairy , Nellore ,Andhra Pradesh - 524 001. 9581440785 New Delhi : Dhanlaxmi Bank , 16/15, W.E.A., J.S.Plaza , Arya Samaj Road , Karol Bagh, New Delhi
- 110 005 , 9582158904, 9582214160 Panaji : Ground Floor, Behind Hotel Fidalgo, M.G. Road, panaji Goa - 403001. 0832 - 6451033, 6451286, 6451195 Pune : The Dhanlaxmi Bank Ground & 1st Floor, Radiant Arcade, M.G. Road, (East Street), Pune 6400105, 6400106, 9049997058 Thrissur : Dhanlaxmi
Bank, Ground Floor, , Dhanalakshmi Complex, ,4- Pushpagiri ,Punkunnam, Thrissur ,Kerala - 680 002. 9 539003834, [email protected], 95390079605 Varanasi : Ground Floor, Shakti Sikha Complex, Sigra, Varanasi, Uttar Pradesh - 221 010. 9721453425

MUTHOOT FINANCE LIMITED 3

 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
GENERAL INSTRUCTIONS
Applicants are advised to read the Prospectus and the General Instructions contained in this application form or any statutory modification or re-enactment thereof for the time being in force. Please note that in case the part of NCD holders. Our liability to NCD holder(s) towards his/their rights including for payment /
carefully and to satisfy themselves of the disclosures before making an application for subscription. Unless the NCDs are transferred and/or transmitted in accordance with the provisions of the Prospectus read with redemption in all events and when we dispatch the redemption amounts to the NCD holder(s). Further,
the provisions of the Articles of Association of our Company, the transferee of such NCDs or the deceased we will not be liable to pay any interest, income or compensation of any kind from the date of redemption
otherwise specified, all the terms used in this form have the same meaning as in the Prospectus. For a copy holder of NCDs, as the case may be, shall be entitled to any interest which may have accrued on the NCDs of the NCD(s).
of the Prospectus the applicant may request us and/or the Lead Managers. Further, investors are advised to subject to such Transferee holding the NCDs on the Record Date. As per clause (ix) of Section 193 of the 27. Redemption Date : Option I NCDs will be redeemed at the expiry of 24 months from the Deemed Date
retain the copy of the Prospectus/Abridged Prospectus for their future reference. Please fill in the Form in I.T. Act, no tax is required to be withheld on any interest payable on any security issued by a company, of Allotment. Option II NCDs will be redeemed at the expiry of 36 months from the Deemed Date of
English using BLOCK letters. Investors should carefully choose the Option(s) they wish to apply for. Please where such security is in dematerialized form and is listed on a recognized stock exchange in India in Allotment. Option III NCDs will be redeemed at the expiry of 60 months from the Deemed Date of
refer to Terms of the Issue in the Prospectus for details. accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and the rules made thereunder. Allotment
Accordingly, no tax will be deducted at source from the interest on listed NCDs held in the dematerialised 28. Right to Reissue NCD(s)
TERMS OF THE ISSUE form. However in case of NCDs held in physical form, as per the current provisions of the IT Act, tax will Subject to the provisions of the Act, where we have fully redeemed or repurchased any NCD(s), we shall
The NCDs being offered as part of the Issue are subject to the provisions of the Debt Regulations, the not be deducted at source from interest payable on such NCDs held by the investor (in case of resident have and shall be deemed always to have had the right to keep such NCDs in effect without extinguishment
Act, the Memorandum and Articles of Association of our Company, the terms of the Prospectus, the individual NCD holders), if such interest does not exceed ` 2,500 in any financial year. If interest exceeds thereof, for the purpose of resale or reissue and in exercising such right, we shall have and be deemed
Application Forms, the terms and conditions of the Debenture Trust Agreement and the Debenture Trust the prescribed limit of ` 2,500 on account of interest on the NCDs, then the tax will be deducted at always to have had the power to resell or reissue such NCDs either by reselling or reissuing the same NCDs
Deed, other applicable statutory and/or regulatory requirements including those issued from time to time applicable rate. However in case of NCD holders claiming non-deduction or lower deduction of tax at or by issuing other NCDs in their place. The aforementioned right includes the right to reissue original
by SEBI/the Government of India/BSE and NSE, RBI, and/or other statutory/regulatory authorities relating source, as the case may be, the NCD holder should furnish either (a) a declaration (in duplicate) in the NCDs.
to the offer, issue and listing of securities and any other documents that may be executed in connection prescribed form i.e. (i) Form 15H which can be given by individuals who are of the age of 65 years or more 29. Transfer/Transmission of NCD (s)
with the NCDs. (ii) Form 15G which can be given by all applicants (other than companies, and firms ), or (b) a certificate, A. For NCDs held in physical form: The NCDs shall be transferred or transmitted freely in accordance with
1. Ranking of NCDs : The NCDs would constitute direct and secured obligations of ours and shall rank pari from the Assessing Officer which can be obtained by all applicants (including companies and firms) by the applicable provisions of the Act. The provisions relating to transfer and transmission and other related
passu inter se, and subject to any obligations under applicable statutory and/or regulatory requirements, making an application in the prescribed form i.e. Form No.13. The aforesaid documents, as may be matters in respect of our shares contained in the Articles and the Act shall apply, mutatis mutandis (to
shall also, with regard to the amount invested, be secured by way of a first pari passu charge on the applicable, should be submitted at the office of the Registrar quoting the name of the sole/ first NCD the extent applicable to debentures) to the NCD(s) as well. In respect of the NCDs held in physical form,
identified immovable property and first pari passu charge on current assets, book debts, loans and holder, NCD folio number and the distinctive number(s) of the NCD held, atleast 7 (seven) days prior to a common form of transfer shall be used for the same. The NCDs held in dematerialised form shall be
advances, and receivables including gold loan receivables, both present and future. The NCDs comprising the Record Date to ensure non-deduction/lower deduction of tax at source from interest on the NCD. The transferred subject to and in accordance with the rules/procedures as prescribed by NSDL/CDSL and the
the present issue and all earlier issues of debentures outstanding in the books of the Company having investors need to submit Form 15H/ 15G/certificate in original from Assessing Officer for each financial relevant DPs of the transfer or transferee and any other applicable laws and rules notified in respect
corresponding assets as security, shall rank pari passu without preference of one over the other except that year during the currency of the NCD to ensure non-deduction or lower deduction of tax at source from thereof. The transferee(s) should ensure that the transfer formalities are completed at prior to the Record
priority for payment shall be as per applicable date of redemption. interest on the NCD. Date. In the absence of the same, interest will be paid/redemption will be made to the person, whose
2. Debenture Redemption Reserve : Section 117C of the Act states that any company that intends to issue name appears in the register of debenture holders or the records as maintained by the Depositories. In
debentures must create a DRR to which adequate amounts shall be credited out of the profits of the B. Payment of Interest : Annual Payment of Interest - For NCDs subscribed under Option I, Option II and
Option III, the relevant interest will be paid on each anniversary of the Deemed Date of Allotment on the such cases, claims, if any, by the transferees would need to be settled with the transferor(s) and not with
company until the redemption of the debentures. For further details please refer to the Prospectus. the Issuer or Registrar.
3. Face Value : The face value of each NCD shall be ` 1,000. face value of NCD. Amount of interest payable shall be rounded off to the nearest rupee. If the date of
interest payment falls on a Saturday, Sunday or a public holiday in Mumbai or any other payment centre B. For NCDs held in electronic form: The normal procedure followed for transfer of securities held in
4. NCD holder not a Shareholder : The NCD holders will not be entitled to any of the rights and privileges dematerialised form shall be followed for transfer of the NCDs held in electronic form. The seller should
available to the equity and/or preference shareholders of our Company. notified in terms of the Negotiable Instruments Act, 1881, then interest as due and payable on such day,
would be paid on the next working day. Payment of interest would be subject to the deduction as give delivery instructions containing details of the buyer’s DP account to his depository participant. In case
5. Rights of NCD holders : The final rights of the NCD holders will be as per the terms of the Prospectus prescribed in the I.T. Act or any statutory modification or re-enactment thereof for the time being in force. the transferee does not have a DP account, the seller can re-materialise the NCDs and thereby convert
and the Debenture Trust Deed to be executed between our Company and the Debenture Trustee. For The last interest payment will be made at the time of redemption of the NCD. Interest for each of the his dematerialised holding into physical holding. Thereafter the NCDs can be transferred in the manner
further details please refer to the Prospectus. as stated above for transfer of NCDs held in physical form. In case the buyer of the NCDs in physical form
6. Minimum Subscription : If our Company does not receive the minimum subscription of 75 % of the Base interest periods shall be calculated, on ‘actual/actual’ basis, on the face value of principal outstanding
on the NCDs at the applicable Coupon Rate for each Category rounded off to the nearest Rupee and wants to hold the NCDs in dematerialised form, he can choose to dematerialise the securities through
Issue, i.e. ` 3,750 million, prior to allotment, the entire subscription shall be refunded to the applicants his DP.
within 30 days from the date of closure of the Issue. If there is delay in the refund of subscription by more same shall be paid annually.
C. Payment of Interest to NCD Holders : Payment of Interest will be made to (i) in case of NCDs in 30. Common form of Transfer : The Issuer undertakes that there shall be a common form of transfer for the
than 8 days after our Company becomes liable to refund the subscription amount, our Company will pay NCDs and the provisions of the Companies Act, 1956 and all applicable laws shall be duly complied with
interest for the delayed period, at rates prescribed under sub-sections (2) and (2A) of Section 73 of the dematerialised form, the persons who for the time being appear in the register of beneficial owners of in respect of all transfer of debentures and registration thereof.
Companies Act, 1956. the NCD as per the Depository as on the Record Date and (ii) in case of NCDs in physical form, the persons 31. Joint-holders : Where two or more persons are holders of any NCD(s), they shall be deemed to hold
7. Market Lot & Trading Lot : Under Section 68B of the Act, the NCDs shall be allotted only in dematerialized whose names appear in the register of NCD holders (or to first holder in case of joint-holders) as on the
Record Date. We may enter into an arrangement with one or more banks in one or more cities for direct the same as joint holders with benefits of survivorship subject to other provisions contained in the Articles.
form. As per the Debt Regulations, the trading of the NCDs shall be in dematerialised form only. Since 32. Sharing of Information : We may, at our option, use on our own, as well as exchange, share or part with
trading of the NCDs is in dematerialised form, the tradable lot is one NCD. Allotment in the Issue will credit of interest to the account of the investors. In such cases, interest, on the interest payment date,
would be directly credited to the account of those investors who have given their bank mandate. We may any financial or other information about the NCD holders available with us, with our subsidiaries, if any
be in electronic form in multiples of one NCD. For details of allotment refer to chapter titled “Issue and affiliates and other banks, financial institutions, credit bureaus, agencies, statutory bodies, as may
Procedure” under the section titled “Issue Related Information” beginning on page 197 of the Prospectus. offer the facility of NECS, NEFT, RTGS, Direct Credit and any other method permitted by RBI and SEBI
from time to time to help NCD holders. For further details please refer to the Prospectus. be required and neither we or our affiliates nor their agents shall be liable for use of the aforesaid
8. Nomination facility to NCD holder : In accordance with Section 109A of the Act, the sole NCD holder information.
or first NCD holder, along with other joint NCD holders (being individual(s)) may nominate any one person 15. Maturity and Redemption : For NCDs subscribed under Option I, Option II and Option III, the relevant 33. Notices : All notices to the NCD holder(s) required to be given by us or the Debenture Trustee will be
(being an individual) who, in the event of death of the sole holder or all the joint-holders, as the case may interest will be paid on each anniversary of the Deemed Date Of Allotment on the face value of NCD. The sent by post/ courier or through email or other electronic media to the Registered Holders of the NCD(s)
be, shall become entitled to the NCD. A person, being a nominee, becoming entitled to the NCD by last interest payment will be made at the time of redemption of the NCD. from time to time.
reason of the death of the NCD holder(s), shall be entitled to the same rights to which he would be entitled Options At the end of maturity period 34. Issue of Duplicate NCD Certificate(s) issued in physical form : For further details please refer to the
if he were the registered holder of the NCD. For further details please refer to the Prospectus. I 24 months from the Deemed Date of Allotment Prospectus.
9. Jurisdiction : Exclusive jurisdiction for the purpose of the Issue is with the competent courts of jurisdiction 35. Security : The principal amount of the NCDs to be issued in terms of the prospectus together with all
in Mumbai, India. II 36 months from the Deemed Date of Allotment
III 60 months from the Deemed Date of Allotment interest due on the NCDs, as well as all costs, charges, all fees, remuneration of Debenture Trustee and
10. Application in the Issue : NCDs being issued through the Prospectus can be applied for in the expenses payable in respect thereof shall be secured by way of First pari passu charge on the identified
dematerialised form only through a valid Application Form filled in by the applicant along with attachment, 16. Deemed Date of Allotment : Deemed date of allotment shall be the date as decided by the duly immovable property and a first pari passu charge on current assets, book debts, loans and advances, and
as applicable. authorised committee of the Board of Directors constituted by resolution of the Board dated July 25, 2011, receivables including gold loan receivables, both present and future of the Company. Our Company will
11. Period of Subscription : The subscription list shall remain open for a period as indicated below, with under Section 292(1)(b) of the Act and as mentioned in the Allotment advice / regret. maintain security in favour of the Debenture Trustee for the NCD holders on the assets to ensure 100%
an option for early closure or extension by such period, as may be decided by the duly authorised 17. Application Size : Each application should be for a minimum of 5 NCDs and multiples of 1 NCD thereof. security cover of the amount outstanding in respect of NCDs at any time. Our Company intends to enter
committee of Directors constituted by resolution of the Board dated July 25, 2011, subject to necessary The minimum application size for each application for NCDs would be ` 5,000 and in multiples of ` 1,000 into an agreement with the Debenture Trustee, (‘Debenture Trust Deed’), the terms of which will govern
approvals. In the event of such early closure of subscription list of the Issue, our Company shall ensure thereafter. Applicants can apply for any or all options of NCDs offered hereunder (any/all options) using the appointment of the Debenture Trustee and the issue of the NCDs. Our Company proposes to complete
that notice of such early closure is given on the day of such early date of closure through advertisement/ the same Application Form. the execution of the Debenture Trust Deed during the subscription period after the minimum subscription
s in a leading national daily newspaper. Applicants are advised to ensure that applications made by them do not exceed the investment limits or for the Issue has been achieved and utilize the funds only after the stipulated security has been created.
ISSUE OPENS ON AUGUST 23, 2011 maximum number of NCDs that can be held by them under applicable statutory and or regulatory provisions. Under the terms of the Debenture Trust Deed, our Company will covenant with the Debenture Trustee that
18. Terms of Payment : The entire issue price of ` 1,000 per NCD is payable on application itself. In case it will pay the NCD holders the principal amount on the NCDs on the relevant redemption date and also
CLOSING DATE SEPTEMBER05, 2011 of allotment of lesser number of NCDs than the number of NCDs applied for, our Company shall refund that it will pay the interest due on NCDs on the rate specified in the prospectus and in the Debenture Trust
12. Restriction on transfer of NCDs : There are no restrictions on transfers and transmission of NCDs and the excess amount paid on application to the applicant in accordance with the terms of the prospectus. Deed. The Debenture Trust Deed will also provide that our Company may withdraw any portion of the
on their consolidation/ splitting except as may be required under RBI requirements and as provided in For further details please refer to the paragraph on “Interest on Application Money” beginning on page security and replace with another asset of the same or a higher value.
our Articles of Association. Please refer to the section titled “Summary of the Key Provisions of the Articles 195 of the Prospectus. 36. Trustees for the NCD holders : We have appointed IDBI Trusteeship Services Limited to act as the
of Association” beginning on page 239 of the Prospectus. 19. Record Date : The Record Date for payment of interest in connection with the NCDs or repayment of Debenture Trustees for the NCD holders. We and the Debenture Trustee will execute a Debenture Trust
ISSUE STRUCTURE principal in connection therewith shall be 15 (fifteen) days prior to the date on which interest is due and Deed, inter alia, specifying the powers, authorities and obligations of the Debenture Trustee and us. The
13 . Public Issue of NCDs aggregating upto ` 5,000 million with an option to retain over-subscription upto ` payable, and/or the date of redemption. NCD holder(s) shall, without further act or deed, be deemed to have irrevocably given their consent to the
5,000 million for issuance of additional NCDs aggregating to a total of upto ‘` 10,000 million. The key common 20. Manner of Payment of Interest / Refund / Redemption : The manner of payment of interest / refund / Debenture Trustee or any of its agents or authorised officials to do all such acts, deeds, matters and things
terms and conditions of the NCDs are as follows: Particulars, Terms and Conditions - Minimum Application redemption in connection with the NCDs is set out below: A. For NCDs applied / held in electronic form in respect of or relating to the NCDs as the Debenture Trustee may in its absolute discretion deem
Size, ` 5,000 (5 NCDs) (for all options of NCDs, namely Options I, Option II, and Option III either taken - The bank details will be obtained from the Depositories for payment of Interest / refund / redemption necessary or require to be done in the interest of the NCD holder(s). Any payment made by us to the
individually or collectively). Mode of allotment, Compulsorily in dematerialised form. Terms of Payment, as the case may be. Applicants who have applied for or are holding the NCDs in electronic form, are Debenture Trustee on behalf of the NCD holder(s) shall discharge us pro tanto to the NCD holder(s). The
Full amount on application. Trading Lot, 1 (one) NCD. Who can Apply, Category I • Public Financial advised to immediately update their bank account details as appearing on the records of the depository Debenture Trustee will protect the interest of the NCD holders in the event of default by us in regard to
Institutions, Statutory Corporations, Commercial Banks, Co-operative Banks and Regional Rural Banks, participant. Please note that failure to do so could result in delays in credit of refunds to the applicant timely payment of interest and repayment of principal and they will take necessary action at our cost.
which are authorised to invest in the NCDs; • Provident Funds, Pension Funds, Superannuation Funds at the applicant’s sole risk, and the Lead Managers and the Co-Lead Managers, our Company nor the 37. Lien : The Company shall have the right of set-off and lien, present as well as future on the moneys
and Gratuity Fund, which are authorised to invest in the NCDs;· Venture Capital funds registered with Registrar to the Issue shall have any responsibility and undertake any liability for the same. B. For NCDs due and payable to the NCD holder or deposits held in the account of the NCD holder, whether in single
SEBI;• Insurance Companies registered with the IRDA; • National Investment Fund; and • Mutual held in physical form - The bank details will be obtained from the Registrar to the Issue for payment of name or joint name, to the extent of all outstanding dues by the NCD holder to the Company.
Funds;Category II • Companies; bodies corporate and societies registered under the applicable laws in interest / refund / redemption as the case may be. For further details please refer to the Prospectus. 38. Lien on pledge of NCDs : The Company, at its discretion, may note a lien on pledge of NCDs if such
India and authorised to invest in the NCDs;• Public/private charitable/religious trusts which are authorised 21. Printing of Bank Particulars on Interest Warrants : As a matter of precaution against possible fraudulent pledge of NCD is accepted by any bank/institution for any loan provided to the NCD holder against pledge
to invest in the NCDs; • Scientific and/or industrial research organisations, which are authorised to invest encashment of refund orders and interest/redemption warrants due to loss or misplacement, the particulars of such NCDs as part of the funding.
in the NCDs; • Partnership firms in the name of the partners; and • Limited liability partnerships formed of the applicant’s bank account are mandatorily required to be given for printing on the orders/ warrants. 39. Interest on Application Money : A. Interest on application monies received which are used towards allotment
and registered under the provisions of the Limited Liability Partnership Act, 2008 (No. 6 of 2009)• In relation to NCDs applied and held in dematerialized form, these particulars would be taken directly of NCDs. Our Company shall pay interest on application money on the amount allotted, subject to
Resident Indian individuals and Hindu Undivided Families through the Karta applying for NCDs from the depositories. In case of NCDs held in physical form either on account of rematerialisation or deduction of income tax under the provisions of the Income Tax Act, 1961, as amended, as applicable,
aggregating to a value exceeding ` 500,000, across all series of NCDs, (Option I and/or Option II and/ transfer, the investors are advised to submit their bank account details with our Company / Registrar at to any applicants to whom NCDs are allotted pursuant to the Issue from the date of realization of the
or Option III)Category III Resident Indian individuals and Hindu Undivided Families through the Karta least 7 (seven) days prior to the Record Date failing which the orders / warrants will be dispatched to the cheque(s)/demand draft(s) or after 3 (three) days from the date of receipt of the application (being the date
applying for NCDs aggregating to a value not more than ` 500,000, across all series of NCDs, (Option postal address of the holder of the NCD as available in the records of our Company. Bank account of presentation of each application as acknowledged by the Bankers to the Issue or the date of receipt
I and/or Option II and/or Option III) particulars will be printed on the orders/ warrants which can then be deposited only in the account of application by the Registrar to the Issue, as the case may be) whichever is later and upto one day prior
Participation by any of the above-mentioned investor classes in this Issue will be subject to applicable statutory specified. to the Deemed Date of Allotment, at the rate of 8 % p.a.. Our Company has a right to pre-close the Issue
and/or regulatory requirements. Applicants are advised to ensure that applications made by them do not exceed 22. Loan against NCDs : Our Company, at its sole discretion, subject to applicable statutory and/or regulatory at anytime up to 1 (one) day prior to Issue closing date for receiving subscription in the Issue. Our Company
the investment limits or maximum number of NCDs that can be held by them under applicable statutoryand/ requirements, may consider granting of a loan facility to the holders of NCDs against the security of such shall in the event of such closing of the Issue, subject to receipt of a minimum subscription of 75 % of the
or regulatory provisions. In case of Application Form being submitted in joint names, the applicants should NCDs. Such loans shall be subject to the terms and conditions as may be decided by our Company from Base Issue, i.e. ` 3,750 million, allot NCDs to all applicants who have applied for NCDs upto the date
ensure that the de-mat account is also held in the same joint names, and the names are in the same time to time. of such early closure of Issue. Further our Company shall pay interest on application money on the amount
sequence in which they appear in the Application Form. 23. Buy Back of NCDs : Our Company may, at its sole discretion, from time to time, consider, subject to allotted, subject to deduction of income tax under the provisions of the Income Tax Act, 1961, as amended,
Applicants are advised to ensure that they have obtained the necessary statutory and/or regulatory permissions/ applicable statutory and/or regulatory requirements, buyback of NCDs, upon such terms and conditions as applicable, to any applicants to whom NCDs are allotted pursuant to the Issue from the date of
consents/approvals in connection with applying for, subscribing to, or seeking allotment of NCDs pursuant as may be decided by our Company. realization of the cheque(s)/demand draft(s) or after 3 (three) days from the date of receipt of the application
to the Issue. For further details, please see “Issue Procedure” on page 197 of the Prospectus. 24. Form and Denomination : In case of NCDs held in physical form, a single certificate will be issued to (being the date of presentation of each application as acknowledged by the Bankers to the Issue or the
Stock Exchanges proposed for listing of the NCDs : BSE and NSE. Issuance and Trading : Compulsorily in the NCD holder for the aggregate amount (“Consolidated Certificate”) for each type of NCDs. The applicant date of receipt of application by the Registrar to the Issue, as the case may be) whichever is later and upto
dematerialised form. Trading Lot 1 (one) NCD. Depositories : NSDL and CDSL. Security : Security for the can also request for the issue of NCD certificates in denomination of one NCD (“Market Lot”). one day prior to the Deemed Date of Allotment, at the rate of 8% p.a. However, it is clarified that in the
purpose of this Issue will be created in accordance with the terms of the Debenture Trust Deed. For further In respect of Consolidated Certificates, we will, only upon receipt of a request from the NCD holder, split event that our Company does not receive a minimum subscription of 75 % of the Base Issue, i.e. ` 3,750
details please refer to the section titled “Issue Structure” beginning on page 183 of the Prospectus.. Issue such Consolidated Certificates into smaller denominations subject to the minimum of Market Lot. No fees million our Company will not allot any NCDs to applicants and refund the subscription amounts forthwith,
Schedule* : The Issue shall be open from August 23, 2011 to September 05, 2011 with an option to close would be charged for splitting of NCD certificates in Market Lots, but stamp duty payable, if any, would as set out herein. Our Company may enter into an arrangement with one or more banks in one or more
earlier and/or extend upto a period as may be determined by a duly authorised committee of the Board be borne by the NCD holder. The request for splitting should be accompanied by the original NCD cities for direct credit of interest to the account of the applicants. Alternatively, the interest warrant will
constituted by resolution of the Board dated July 25, 2011. Pay-in date : 3 (Three) Business Days from the certificate which would then be treated as cancelled by us. be dispatched along with the Letter(s) of Allotment at the sole risk of the applicant, to the sole/first
date of reciept of application or the date of realisation of the cheques/demand drafts, whichever is later. 25. Procedure for Redemption by NCD holders : The procedure for redemption is set out below: applicant. B. Interest on application monies received which are liable to be refunded. Our Company shall pay
Day count basis : Actual/Actual. *The subscription list shall remain open for a period as indicated, with A. NCDs held in physical form: No action would ordinarily be required on the part of the NCD holder at interest on application money which is liable to be refunded to the applicants in accordance with the
an option for early closure or extension by such period, up to a period of 30 days from date of opening the time of redemption and the redemption proceeds would be paid to those NCD holders whose names provisions of the Debt Regulations and/or the Companies Act, or other applicable statutory and/or
of the Issue, as may be decided by a duly authorised committee of the Board constituted by resolution stand in the register of NCD holders maintained by us on the Record Date fixed for the purpose of regulatory requirements, subject to deduction of income tax under the provisions of the Income Tax Act,
of the Board dated July 25, 2011. In the event of such early closure of subscription list of the Issue, our Redemption. However, our Company may require that the NCD certificate(s), duly discharged by the sole 1961, as amended, as applicable, from the date of realization of the cheque(s)/demand draft(s) or after
Company shall ensure that notice of such early closure is given on the day of such early date of closure holder/all the joint-holders (signed on the reverse of the NCD certificate(s)) be surrendered for redemption 3 (three) days from the date of receipt of the application (being the date of presentation of each application
through advertisement/s in a leading national daily newspaper. on maturity and should be sent by the NCD holder(s) by Registered Post with acknowledgment due or by as acknowledged by the Bankers to the Issue or the date of receipt of application by the Registrar to the
14. Interest and Payment of Interest hand delivery to our office or to such persons at such addresses as may be notified by us from time to time. Issue, as the case may be) whichever is later and upto one day prior to the Deemed Date of Allotment,
A. Interest : In case of Option I NCDs, interest would be paid annually at the following Coupon Rate in NCD holder(s) may be requested to surrender the NCD certificate(s) in the manner as stated above, not at the rate of 8% per annum. Such interest shall be paid along with the monies liable to be refunded.
connection with the relevant categories of NCD holders, on the amount outstanding from time to time, more than three months and not less than one month prior to the redemption date so as to facilitate timely Interest warrant will be dispatched / credited (in case of electronic payment) along with the Letter(s) of
commencing from the Deemed Date of Allotment of each Option I NCD: payment. We may at our discretion redeem the NCDs without the requirement of surrendering of the NCD Refund at the sole risk of the applicant, to the sole/first applicant. In the event our Company does not
certificates by the holder(s) thereof. In case we decide to do so, the holders of NCDs need not submit the receive a minimum subscription of 75 % of the Base Issue, i.e. ` 3,750 million on the date of closure of
Category of NCD Holder Coupon Rate (%) per annum NCD certificates to us and the redemption proceeds would be paid to those NCD holders whose names
Category I 11.75 the Issue, our Company shall pay interest on application money which is liable to be refunded to the
stand in the register of NCD holders maintained by us on the Record Date fixed for the purpose of applicants in accordance with the provisions of the Debt Regulations and/or the Companies Act, or other
Category II 12.00 redemption of NCDs. In such case, the NCD certificates would be deemed to have been cancelled. Also applicable statutory and/or regulatory requirements, subject to deduction of income tax under the provisions
Category III 12.00 see the para “Payment on Redemption” given below. of the Income Tax Act, 1961, as amended, as applicable, from the date of realization of the cheque(s)/
Option I NCDs shall be redeemed at the Face Value thereof along with the interest accrued thereon, if B. NCDs held in electronic form:No action is required on the part of NCD holder(s) at the time of redemption demand draft(s) or 3 (three) days from the date of receipt of the application (being the date of presentation
any, at the end of 24 months from the Deemed Date of Allotment. In case of Option II NCDs, interest would of NCDs. of each application to the Bankers to the Issue as acknowledged or the date of receipt of application by
be paid annually at the following Coupon Rate in connection with the relevant categories of NCD holders, 26. Payment on Redemption : The manner of payment of redemption is set out below: the Registrar to the Issue, as the case may be) whichever is later and upto the date of closure of the Issue
on the amount outstanding from time to time, commencing from the Deemed Date of Allotment of each A. NCDs held in physical form: The payment on redemption of the NCDs will be made by way of cheque/ at the rate of 8% per annum. Such interest shall be paid along with the monies liable to be refunded.
Option II NCD: pay order/ electronic modes. However, if our Company so requires, the aforementioned payment would Provided that, notwithstanding anything contained hereinabove, our Company shall not be liable to pay
only be made on the surrender of NCD certificate(s), duly discharged by the sole holder / all the joint- any interest on monies liable to be refunded in case of (a) invalid applications or applications liable to
Category of NCD Holder Coupon Rate (%) per annum holders (signed on the reverse of the NCD certificate(s)). Despatch of cheques/pay order, etc. in respect
Category I 12.00 be rejected, and/or (b) applications which are withdrawn by the applicant. Please refer to “Rejection of
of such payment will be made on the Redemption Date or (if so requested by our Company in this regard) Application” at page 206 of the Prospectus.
Category II 12.25 within a period of 30 days from the date of receipt of the duly discharged NCD certificate. In case we 40. Future Borrowings : For further details please refer to the Prospectus.
Category III 12.25 decide to do so, the redemption proceeds in the manner stated above would be paid on the Redemption ISSUE PROCEDURE
Option II NCDs shall be redeemed at the Face Value thereof along with the interest accrued thereon, if Date to those NCD holders whose names stand in the register of NCD holders maintained by us on the 41. How to Apply? - i. Availability of Prospectus and Application Forms : The abridged Prospectus containing
any, at the end of 36 months from the Deemed Date of Allotment. In case of Option III NCDs, interest Record Date fixed for the purpose of Redemption. Hence the transferees, if any, should ensure lodgement the salient features of the Prospectus together with Application Forms and copies of the Prospectus may
would be paid annually at the following Coupon Rate in connection with the relevant categories of NCD of the transfer documents with us at least 7 (seven) days prior to the Record Date. In case the transfer be obtained from our Registered Office, Lead Manager(s) and the Co-Lead Managers to the Issue, and
holders, on the amount outstanding from time to time, commencing from the Deemed Date of Allotment documents are not lodged with us at least 7 (seven) days prior to the Record Date and we dispatch the the Registrar to the Issue, as mentioned on the Application Form. In addition, Application Forms would
of each Option III NCD: redemption proceeds to the transferor, claims in respect of the redemption proceeds should be settled also be made available to the stock exchanges where listing of the NCDs are sought and to brokers, on
amongst the parties inter se and no claim or action shall lie against us or the Registrars. Our liability to their request. We may provide Application Forms for being filled and downloaded at such websites as we
Category of NCD Holder Coupon Rate (%) per annum holder(s) towards his/their rights including for payment or otherwise shall stand extinguished from the may deem fit.
Category I 12.00 redemption in all events and when we dispatch the redemption amounts to the NCD holder(s). Further, ii. Who can Apply : The following categories of persons are eligible to apply in the Issue: Category I • Public
Category II 12.25 we will not be liable to pay any interest, income or compensation of any kind from the date of redemption Financial Institutions, Statutory Corporations, Commercial Banks, Co-operative Banks and Regional
Category III 12.25 of the NCD(s). Rural Banks, which are authorised to invest in the NCDs; • Provident Funds, Pension Funds, Superannuation
Option III NCDs shall be redeemed at the Face Value thereof along with the interest accrued thereon, B. NCDs held in electronic form: On the redemption date, redemption proceeds would be paid by cheque Funds and Gratuity Fund, which are authorised to invest in the NCDs; • Venture Capital funds registered
if any, at the end of 60 months from the Deemed Date of Allotment. If the date of interest payment falls /pay order / electronic mode to those NCD holders whose names appear on the list of beneficial owners with SEBI; • Insurance Companies registered with the IRDA; • National Investment Fund; and • Mutual
on a Saturday, Sunday or a public holiday in Mumbai or any other payment centre notified in terms of given by the Depositories to us. These names would be as per the Depositories’ records on the Record Funds. Category II • Companies; bodies corporate and societies registered under the applicable laws in
Date fixed for the purpose of redemption. These NCDs will be simultaneously extinguished to the extent India and authorised to invest in the NCDs; • Public/private charitable/religious trusts which are authorised
the Negotiable Instruments Act, 1881, then interest as due and payable on such day, would be paid on of the amount redeemed through appropriate debit corporate action upon redemption of the corresponding
the next working day. Payment of interest would be subject to the deduction as prescribed in the I.T. Act to invest in the NCDs; • Scientific and/or industrial research organisations, which are authorised to invest
value of the NCDs. It may be noted that in the entire process mentioned above, no action is required on
4 MUTHOOT FINANCE LIMITED
 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
in the NCDs; • Partnership firms in the name of the partners; • Limited Liability Partnerships formed and record is available with the Depositories that matches all three parameters, namely, names of the insufficient, our Company would not be liable for losses, if any. (ix) It may be noted that NCDs in electronic
registered under the provisions of the Limited Liability Partnership Act, 2008 (No. 6 of 2009); and • applicants (including the order of names of joint holders), the Depository Participant’s identity (DP ID) form can be traded only on the Stock Exchanges having electronic connectivity with NSDL or CDSL. NSE
Resident Indian individuals and Hindu Undivided Families through the Karta applying for NCDs and the beneficiary’s identity, then such applications are liable to be rejected. and BSE have connectivity with NSDL and CDSL. (x) Interest or other benefits with respect to the NCDs
aggregating to a value exceeding ` 500,000, across all series of NCDs, (Option I and/or Option II and/ 48 Applicant’s Bank Account Details : It is mandatory for all the applicants to have their NCDs allotted in held in dematerialised form would be paid to those NCD holders whose names appear on the list of
or Option III). Category III : Resident Indian individuals and Hindu Undivided Families through the Karta dematerialised form. The applicant should note that on the basis of the name of the applicant, Depository beneficial owners given by the Depositories to us as on Record Date. In case of those NCDs for which the
applying for NCDs aggregating to a value not more than ` 500,000 across all series of NCDs, (Option I Participant’s (DP) name, Depository Participants identification number and beneficiary account number beneficial owner is not identified by the Depository as on the Record Date/ book closure date, we would
and/or Option II and/or Option III). Participation of any of the aforementioned categories of persons or provided by them in the Application Form, the Registrar to the Issue will obtain from the applicant’s DP keep in abeyance the payment of interest or other benefits, till such time that the beneficial owner is
entities is subject to the applicable statutory and/or regulatory requirements in connection with the account, the applicant’s bank account details. The investors are advised to ensure that bank account identified by the Depository and conveyed to us, whereupon the interest or benefits will be paid to the
subscription to Indian securities by such categories of persons or entities. Applicants are advised to ensure details are updated in their respective DP Accounts as these bank account details would be used for beneficiaries, as identified, within a period of 30 days. (xi) The trading of the NCDs shall be in
that applications made by them do not exceed the investment limits or maximum number of NCDs that can making payment of Interest on Application Money, Interest on Refund, interest on NCDs at the respective dematerialized form only.
be held by them under applicable statutory and or regulatory provisions. Applicants are advised to ensure that Coupon Rates, principal amount on redemption and shall also be printed on the refund order(s), if any. 58. Communications • All future Communications in connection with Applications made in the Issue
they have obtained the necessary statutory and/or regulatory permissions/consents/approvals in connection Please note that failure to do so could result in delays in credit of refunds interest or principal to applicants should be addressed to the Registrar to the Issue quoting all relevant details as regards the applicant and
with applying for, subscribing to, or seeking allotment of NCDs pursuant to the Issue. The Lead Managers at the applicant’s sole risk and neither the Lead Managers and the Co-Lead Managers, our Company, its application. • Applicants can contact the Compliance Officer of our Company/Lead Managers/Co-Lead
and the Co-Lead Managers and their respective associates and affiliates are permitted to subscribe in the Refund Banker, nor the Registrar to the Issue shall have any responsibility and undertake any liability Managers or the Registrar to the Issue in case of any Pre-Issue related problems. In case of Post-Issue
the Issue. The information below is given for the benefit of the investors. Our Company, the Lead for the same. related problems such as non-receipt of Allotment Advice / credit of NCDs in depository’s beneficiary
Managers and the Co-Lead Managers, are not liable for any amendment or modification or changes in 49. Applications under Power of Attorney by limited companies, corporate bodies, registered societies etc. In account / refund orders, etc., applicants may contact the Compliance Officer of our Company/Lead
applicable laws or regulations, which may occur after the date of the prospectus. Investors are advised case of Applications made pursuant to a power of attorney by limited companies, corporate bodies, Manager or Registrar to the Issue.
to ensure that the aggregate number of NCDs applied for does not exceed the investment limits or registered societies etc, a certified copy of the power of attorney or the relevant resolution or authority, 59. Rejection of Application : The Board of Directors and/or any committee of our Company reserves its
maximum number of NCDs that can be held by them under applicable law. A. Applications by Mutual as the case may be, along with a certified copy of the Memorandum of Association and Articles of full, unqualified and absolute right to accept or reject any application in whole or in part and in either
Funds : No mutual fund scheme shall invest more than 15% of its NAV in debt instruments issued by a Association and/or bye laws must be lodged along with the Application Form, failing this, our Company case without assigning any reason thereof. Application may be rejected on one or more technical grounds,
single Company which are rated not below investment grade by a credit rating agency authorised to carry reserves the right to accept or reject any Application in whole or in part, in either case, without assigning including but not restricted to: • Applications not duly signed by the sole/joint applicants (in the same
out such activity. Such investment limit may be extended to 20% of the NAV of the scheme with the prior any reason therefor. sequence as they appear in the records of the depository); • Amount paid doesn’t tally with the amount
approval of the Board of Trustees and the Board of Asset Management Company. A separate application 50. Permanent Account Number : The applicant or in the case of applications made in joint names, each payable for the NCDs applied for; • Age of First applicant not given; • Application by persons not competent
can be made in respect of each scheme of an Indian mutual fund registered with SEBI and such applications of the applicant, should mention his or her Permanent Account Number (PAN) allotted under the IT Act. to contract under the Indian Contract Act, 1872 including minors (without the name of guardian) and
shall not be treated as multiple applications. Applications made by the AMCs or custodians of a Mutual In accordance with Circular No. MRD/DOP/Cir-05/2007 dated April 27, 2007 issued by SEBI, the PAN insane persons; • PAN not mentioned in the Application Form; • GIR number furnished instead of PAN;
Fund shall clearly indicate the name of the concerned scheme for which application is being made. In would be the sole identification number for the participants transacting in the securities market, irrespective • Applications for amounts greater than the maximum permissible amounts prescribed by applicable
case of Applications made by Mutual Fund registered with SEBI, a certified copy of their SEBI registration of the amount of transaction. Any Application Form, without the PAN is liable to be rejected, irrespective regulations; • Applications by persons/entities who have been debarred from accessing the capital markets
certificate must be submitted with the Application Form. The applications must be also accompanied by of the amount of transaction. It is to be specifically noted that the applicants should not submit the GIR by SEBI; • Applications by any persons outside India; • Any application for an amount below the minimum
certified true copies of (i) SEBI Registration Certificate and trust deed (ii) resolution authorising investment number instead of the PAN as the Application is liable to be rejected on this ground. application size; • Application for number of NCDs, which are not in multiples of one; • Category not
and containing operating instructions and (iii) specimen signatures of authorized signatories. Failing 51. Terms of Payment : The entire issue price for the NCDs is payable on application only. In case of ticked; • Application under power of attorney by limited companies, corporate, trust etc., where relevant
this, our Company reserves the right to accept or reject any Application in whole or in part, in either case, allotment of lesser number of NCDs than the number applied, our Company shall refund the excess documents are not submitted; Application Form does not have applicant’s depository account details; •
without assigning any reason therefor. B. Application by Scheduled Banks, Co-operative Banks and Regional amount paid on application to the applicant. Applications accompanied by Stockinvest/money order/postal order; Signature of sole and/ or joint
Rural Banks : Scheduled Banks, Co-operative banks and Regional Rural Banks can apply in this public 52. Payment Instructions for Applicants : • In pursuance of Debt Regulations, we shall open Escrow Account applicant(s) missing; • Application Forms not delivered by the applicant within the time prescribed as per
issue based upon their own investment limits and approvals. The application must be accompanied by with the Escrow Collection Banks(s) for the collection of the application amount payable upon submission the Application Form and the Prospectus and as per the instructions in the Prospectus and the Application
certified true copies of (i) Board Resolution authorising investments; (ii) Letter of Authorisation. Failing of the Application Form. • Payment may be made by way of cheque/bank draft drawn on any bank, Form; or • In case the subscription amount is paid in cash. • In case no corresponding record is available
this, our Company reserves the right to accept or reject any Application in whole or in part, in either case, including a co-operative bank which is situated at and is member or sub-member of the Bankers’ clearing- with the Depositories that matches three parameters namely, names of the applicant, the Depository
without assigning any reason therefor. C. Application by Insurance Companies : In case of Applications house located at the place where the Application Form is submitted, i.e. at designated collection centres. Participant’s Identity and the beneficiary’s account number. • Application Form accompanied with more
made by insurance companies registered with the Insurance Regulatory and Development Authority, a Outstation cheques /bank drafts drawn on banks not participating in the clearing process will not be than one cheque. • Institutional Investor Applications not procured by the Lead Managers and the Co-
certified copy of certificate of registration issued by Insurance Regulatory and Development Authority accepted and applications accompanied by such cheques or bank drafts are liable to be rejected. Payment Lead Managers or their respective affiliates.
must be lodged along with Application Form. The applications must be accompanied by certified copies though stockinvest would also not be allowed as the same has been discontinued by the RBI vide 60. Allotment Advice / Refund Orders : The unutilised portion of the application money will be refunded
of (i) Memorandum and Articles of Association (ii) Power of Attorney (iii) Resolution authorising investment notification No. DBOD.NO.FSC.BC. 42/24.47.001/2003-04 dated November 5, 2003. Cash/Stockinvest/ to the applicant by an A/c Payee cheque/demand draft. In case the at par facility is not available, our
and containing operating instructions (iv) Specimen signatures of authorized signatories. Failing this, our Money Orders/Postal Orders will not be accepted. In case payment is effected in contravention of conditions Company reserves the right to adopt any other suitable mode of payment. The Company shall credit the
Company reserves the right to accept or reject any Application in whole or in part, in either case, without mentioned herein, the application is liable to be rejected and application money will be refunded and allotted NCDs to the respective beneficiary accounts/despatch the Letter(s) of Allotment or Letter(s) of
assigning any reason therefor. D. Applications by Trusts : In case of Applications made by trusts, settled no interest will be paid thereon. A separate cheque / bank draft must accompany each Application Form. Regret/Refund Orders by Registered Post/Speed Post at the applicant’s sole risk, within 30 days from the
under the Indian Trusts Act, 1882, as amended, or any other statutory and/or regulatory provision governing • All Application Forms received with outstation cheques, post dated cheques, cheques / bank drafts date of closure of the Issue. We may enter into an arrangement with one or more banks in one or more
the settlement of trusts in India, must submit a (i) certified copy of the registered instrument for creation drawn on banks not participating in the clearing process, Money orders/postal orders, cash, stockinvest cities for refund to the account of the applicants through Direct Credit/RTGS/NEFT. Further, (a) Allotment
of such trust, (ii) Power of Attorney, if any, in favour of one or more trustees thereof, (iii) such other shall be rejected and the collecting bank shall not be responsible for such rejections. • All cheques / bank of NCDs offered to the public shall be made within a time period of 30 days from the date of closure of
documents evidencing registration thereof under applicable statutory/regulatory requirements. Further, drafts accompanying the application should be crossed “A/c Payee only” and (a) all cheques / bank drafts the Issue; (b) Credit to de-mat account will be given within 2 working days from the Deemed Date of
any trusts applying for NCDs pursuant to the Issue must ensure that (a) they are authorised under applicable accompanying the applications made by eligible applicants must be made payable to “Escrow Account Allotment; (c) Interest at a rate of 15 per cent per annum will be paid if the allotment has not been made
statutory/regulatory requirements and their constitution instrument to hold and invest in debentures, (b) Muthoot Finance NCD Public Issue”. • The Escrow Collection Bank(s) shall transfer the funds from the and/or the Refund Orders have not been dispatched to the applicants within 30 days from the date of the
they have obtained all necessary approvals, consents or other authorisations, which may be required Escrow Account, as per the terms of the Escrow Agreement, into a public issue account after the creation closure of the Issue, for the delay beyond 30 days; and (d) The Company will provide adequate funds to
under applicable statutory and/or regulatory requirements to invest in debentures, and (c) applications of security as disclosed in the prospectus. • Only Category I applicants have an option to make payments the Registrars to the Issue, for this purpose.
made by them do not exceed the investment limits or maximum number of NCDs that can be held by them on applications through RTGS. 61. Retention of oversubscription : The Company is making a public Issue of NCDs aggregating upto
under applicable statutory and or regulatory provisions. Failing this, our Company reserves the right to 53. Submission of Completed Application Forms • All applications duly completed and accompanied by ` 5,000 million with an option to retain oversubscription of NCDs up to ` 5,000 million.
accept or reject any Applications in whole or in part, in either case, without assigning any reason therefor. account payee cheques / drafts shall be submitted at the branches of the Bankers to the Issue (listed in 62. Basis of Allotment : Basis of Allotment for NCDs (a) Allotments in the first instance: (i) During the Issue
iii. Applications cannot be made by: (a) Minors without a guardian name; (b) Foreign nationals; (c) Persons the Application Form) or our Collection Centre(s)/ agent(s) as may be specified by us before the closure Period, for each category, all applications received on the same day by the Bankers to the Issue would
resident outside India; (d) Foreign Institutional Investors; (e) Non Resident Indians; and (f) Overseas of the Issue. Our collection centre/ agent however, will not accept payments made in cash. However, be treated at par with each other. (ii) Applicants will be allocated NCDs on first come first serve basis
Corporate Bodies. Application Forms duly completed together with cheque/bank draft drawn on/payable at a local bank in (determined on the basis of date of receipt of each application duly acknowledged by the Bankers to the
42. Escrow Mechanism : We shall open Escrow Accounts with one or more Escrow Collection Bank(s) in Mumbai for the amount payable on application may also be sent by Registered Post to the Registrar to Issue); (iii) Applicants belonging to Category I will be allocated up to 15% of the Issue size, applicants
whose favour the applicants shall make out the cheque or demand draft in respect of their application. the Issue, so as to reach the Registrar prior to closure of the Issue. Applicants at centres not covered by belonging to Category II will be allocated NCDs up to 25% of Issue size and Applicants belonging to
Cheques or demand drafts for the application amount received from applicants would be deposited in the branches of collecting banks can send their Application Forms together with cheque / draft drawn on Category III, will be allocated NCDs up to 60% of Issue size on first come first serve basis (determined
the respective Escrow Account. For further details please refer to the Prospectus. / payable at a local bank in Mumbai to the Registrar to the Issue by registered post. For the purposes of on the basis of date of receipt of each application duly acknowledged by the Bankers to the Issue); and
43. Filing of the Prospectus with ROC : A copy of the Prospectus has been filed with the Registrar of the basis of allotment, the date on which the cheque is received by the Registrar pursuant to an Application, (iv) All applications in a particular category shall be clubbed together. Allotments, in consultation with
Companies, Kerala and Lakshadweep, in terms of section 56 and section 60 of the Act. shall be deemed to be the date on which the Application was made. All completed Application Forms the Designated Stock Exchange, shall be made on a first-come first-serve basis, based on the date of
44. Pre-Issue Advertisement : Our Company will issue a statutory advertisement on or before the Issue must reach the Registrar at the earlier of (a) the date on which the Issue is oversubscribed, and (b) the presentation of each application to the Bankers to the Issue, in each Category subject to the allocation
Opening Date. This advertisement will contain the information as prescribed under Debt Regulations. Issue Closing Date, to be considered for allocation. • No separate receipts shall be issued for the application ratio indicated at 14(a)(iii) above. (b) Under Subscription: If there is any under subscription in any
Material updates, if any, between the date of filing of the Prospectus with ROC and the date of release money. However, Bankers to the Issue at their designated branches/our Collection Centre(s)/ agent(s) category, priority in allotments will be given to the Category III, and balance, if any, shall be first made
of this statutory advertisement will be included in the statutory advertisement. receiving the duly completed Application Forms will acknowledge the receipt of the applications by to applicants of Category II, and thereafter Category I on a first come first serve basis, on proportionate
GENERAL INSTRUCTIONS stamping and returning the acknowledgment slip to the applicant. • Applications shall be deemed to have basis. (c) For each Category, all applications received on the same day by the Bankers to the Issue would
45. Do’s • Check if you are eligible to apply; • Read all the instructions carefully and complete the been received by us only when submitted to Bankers to the Issue at their designated branches or at our be treated at par with each other. (d) Minimum allotments of 1 NCD and in multiples of 1 NCD thereafter
Application Form; • Ensure that the details about Depository Participant and Beneficiary Account are Collection Centre/ agent or on receipt by the Registrar as detailed above and not otherwise. • All would be made in case of each valid application to all applicants. (e) Allotments in case of oversubscription:
correct as allotment of NCDs will be in the dematerialized form only; • Ensure that you mention your PAN applications by persons or entities belonging to Category I should be made in the form prescribed for Category In case of an oversubscription, allotments to the maximum extent, as possible, will be made on a first-
allotted under the IT Act; • Ensure that the Demographic Details (as defined herein below) are updated, I applicants and shall be received only by the Lead Managers and the Co-Lead Managers and their respective come first-serve basis and thereafter on proportionate basis, in each category, i.e. full allotment of NCDs
true and correct in all respects; and • Ensure that you have obtained all necessary approvals from the affiliates. to the applicants on a first come first basis up to the date falling 1 (one) day prior to the date o f
relevant statutory and/or regulatory authorities to apply for, subscribe to and/or seek allotment of NCDs 54. On-line Applications : We may decide to offer online application facility for NCDs, as and when it is oversubscription in the respective category, and Proportionate Allotment of NCDs to the applicants on
pursuant to the Issue. permitted by law subject to terms and conditions as may be prescribed. the date of oversubscription in the respective category (based on the date of presentation of each application
Don’ts: • Do not apply for lower than the minimum application size; • Do not pay the application amount OTHER INSTRUCTIONS to the Bankers to the Issue, in each Category). (f) Proportionate Allotments: For each Category, on the
in cash; • Do not fill up the Application Form such that the NCDs applied for exceeds the issue size and/ 55. Joint Applications -Applications may be made in single or joint names (not exceeding three). In the date of oversubscription: (i) Allotments to the applicants shall be made in proportion to their respective
or investment limit or maximum number of NCDs that can be held under the applicable laws or regulations case of joint applications, all payments will be made out in favour of the first applicant. All communications application size, rounded off to the nearest integer. (ii) If the process of rounding off to the nearest integer
or maximum amount permissible under the applicable regulations; and • Do not submit application will be addressed to the first named applicant whose name appears in the Application Form and at the results in the actual allocation of NCDs being higher than the Issue size, not all applicants will be allotted
accompanied with Stockinvest. address mentioned therein. the number of NCDs arrived at after such rounding off. Rather, each applicant whose allotment size, prior
INSTRUCTIONS FOR COMPLETING THE APPLICATION FORM : 56. Additional Applications : An applicant is allowed to make one or more applications for the NCDs for to rounding off, had the highest decimal point would be given preference. (iii) In the event, there are more
46. Submission of Application Form • Applications to be made in prescribed form only. • The forms to be the same or other series of NCDs, subject to a minimum application size of ` 5,000 and in multiples of than one applicant whose entitlement remain equal after the manner of distribution referred to above,
completed in block letters in English. • Applications should be in single or joint names and should be ` 1,000 thereafter, for each application. Any application for an amount below the aforesaid minimum our Company will ensure that the basis of allotment is finalised by draw of lots in a fair and equitable
applied by Karta in case of HUF. • Thumb impressions and signatures other than in English/Hindi/ application size will be deemed as an invalid application and shall be rejected. However, multiple manner. (g) Applicant applying for more than one series of NCDs: If an applicant has applied for more
Gujarati/Marathi or any other languages specified in the 8th Schedule of the Constitution needs to be applications by the same applicant belonging to Category III aggregating to a value exceeding ` 500,000 than one series of NCDs, (Option I and/or Option II and/or Option III, individually referred to as “Series”),
shall be grouped in Category II, for the purpose of determining the basis of allotment to such applicant. and in case such applicant is entitled to allocation of only a part of the aggregate number of NCDs applied
attested by a Magistrate or Notary Public or a Special Executive Magistrate under his/her seal. • All for, the Series-wise allocation of NCDs to such applicants shall be in proportion to the number of NCDs
Application Forms duly completed together with cheque/bank draft for the amount payable on application However, any application made by any person in his individual capacity and an application made by such
person in his capacity as a karta of a Hindu Undivided family and/or as joint applicant (second or third with respect to each Series, applied for by such applicant, subject to rounding off to the nearest integer,
must be delivered before the closing of the subscription list to any of the Bankers to the Public Issue or as appropriate in consultation with Lead Managers, the Co-Lead Managers and Designated Stock
collection centre(s)/ agent(s) as may be specified before the closure of the Issue. Applicants at centres not applicant), shall not be deemed to be a multiple application. For the purposes of allotment of NCDs under Exchange. All decisions pertaining to the basis of allotment of NCDs pursuant to the Issue shall be taken
covered by the branches of collecting banks can send their forms together with a cheque/draft drawn on/ the Issue, applications shall be grouped based on the PAN, i.e. applications under the same PAN shall by our Company in consultation with the Lead Managers, the Co-Lead Managers and the Designated
payable at a local bank in Mumbai to the Registrar to the Issue by registered post. For the purposes of be grouped together and treated as one application. Two or more applications will be deemed to be Stock Exchange and in compliance with the aforementioned provisions of the prospectus. Our Company
the basis of allotment, the date on which the cheque is received by the Registrar pursuant to an Application, multiple applications if the sole or first applicant is one and the same. For the sake of clarity, two or more would allot Option I NCDs to all valid applications, wherein the applicants have not indicated their choice
shall be deemed to be the date on which the Application was made. • No receipt will be issued for the applications shall be deemed to be a multiple application for the aforesaid purpose if the PAN number of the relevant Series of NCDs (Option I, Option II or Option III).
application money. However, Bankers to the Issue and/or their branches receiving the applications will of the sole or the first applicant is one and the same. 63. Investor Withdrawals and Pre-closure : Investor Withdrawal: Applicants are allowed to withdraw their
acknowledge the same. • Every applicant should hold valid Permanent Account Number (PAN) and 57. Depository Arrangements : As per the provisions of Section 68B of the Act, the allotment of NCDs of applications at any time prior to the closure of the Issue.
mention the same in the Application Form; and • All applicants are required to tick the relevant column our Company can be made in a dematerialised form, (i.e. not in the form of physical certificates but be Pre-closure: Our Company, in consultation with the Lead Managers and the Co-Lead Managers reserve
of “Category of Investor” in the Application Form. fungible and be represented by the Statement issued through electronic mode). We have made depository the right to close the Issue at any time prior to the Closing Date, subject to receipt of minimum subscription
ALLAPPLICATIONS BY CATEGORY I APPLICANTS SHALL BE RECEIVED ONLY BY THE LEAD MANAGERS arrangements with NSDL and CDSL for issue and holding of the NCDs in dematerialised form. Please for NCDs aggregating to 75% of the Base Issue. Our Company shall allot NCDs with respect to the
AND THE CO-LEAD MANAGERS AND THEIR RESPECTIVE AFFILIATES. All applicants should apply for note that tripartite agreements have been executed between our Company, the Registrar and both the applications received at the time of such pre-closure in accordance with the Basis of Allotment as
one or more option of NCDs in a single Application Form only. Our Company would allot Option I NCDs depositories. As per the provisions of the Depositories Act, 1996, the NCDs issued by us can be held in described hereinabove and subject to applicable statutory and/or regulatory requirements.
to all valid applications, wherein the applicants have not indicated their choice of NCDs. a dematerialized form. In this context: (i) Tripartite Agreement dated December 08, 2010 and August 25, 64. Utilisation of Application Money : The sum received in respect of the Issue will be kept in separate bank
47. Applicant’s Depository Account Details : IT IS MANDATORY FOR ALL THE APPLICANTS TO HAVE 2006, between us, the Registrar to the Issue and CDSL and NSDL, respectively for offering depository accounts and we will have access to such funds as per applicable provisions of law(s), regulations and
THEIR NCDs IN DEMATERIALISED FORM. ALL APPLICANTS SHOULD MENTION THEIR DEPOSITORY option to the investors. (ii) An applicant who wishes to apply for NCDs in the electronic form must have approvals.
PARTICIPANT’S NAME, DEPOSITORY PARTICIPANT IDENTIFICATION NUMBER AND BENEFICIARY at least one beneficiary account with any of the Depository Participants (DPs) of NSDL or CDSL prior to 65. Utilisation of Issue Proceeds : (a) All monies received pursuant to the Issue of NCDs to public shall be
making the application. (iii) The applicant seeking allotment of NCDs in the Electronic Form must transferred to a separate bank account other than the bank account referred to in sub-section (3) of section
ACCOUNT NUMBER IN THE APPLICATION FORM. INVESTORS MUST ENSURE THAT THE NAME GIVEN necessarily fill in the details (including the beneficiary account number and DP’s ID) appearing in the
IN THEAPPLICATION FORM IS EXACTLY THE SAMEAS THE NAME IN WHICH THE DEPOSITORYACCOUNT 73 of the Act. (b) Details of all monies utilised out of Issue referred to in sub-item (a) shall be disclosed
Application Form under the heading ‘Request for NCDs in Electronic Form’. (iv) NCDs allotted to an under an appropriate separate head in our Balance Sheet indicating the purpose for which such monies
IS HELD. IN CASE THE APPLICATION FORM IS SUBMITTED IN JOINT NAMES, IT SHOULD BE ENSURED applicant in the Electronic Account Form will be credited directly to the applicant’s respective beneficiary
THAT THE DEPOSITORY ACCOUNT IS ALSO HELD IN THE SAME JOINT NAMES AND ARE IN THE SAME had been utilised; and (c) Details of all unutilised monies out of issue of NCDs, if any, referred to in sub-
account(s) with the DP. (v) For subscription in electronic form, names in the Application Form should be item (a) shall be disclosed under an appropriate separate head in our Balance Sheet indicating the form
SEQUENCE IN WHICH THEY APPEAR IN THE APPLICATION FORM. Applicant should note that on the identical to those appearing in the account details in the depository. In case of joint holders, the names
basis of name of the applicant, Depository Participant’s name, Depository Participant-Identification in which such unutilised monies have been invested. (d) We shall utilize the Issue proceeds only upon
number and Beneficiary Account Number provided by them in the Application Form, the Registrar to the should necessarily be in the same sequence as they appear in the account details in the depository. (vi) creation of security as stated in the prospectus and on receipt of the minimum subscription of 75% of the
Issue will obtain from the Depository, demographic details of the investor such as address, bank account Non-transferable Allotment Advice/refund orders will be directly sent to the applicant by the Registrars Base Issue. (e) The Issue proceeds shall not be utilized towards full or part consideration for the purchase
details for printing on refund orders and occupation (“Demographic Details”). Hence, applicants should to this Issue. (vii) If incomplete/incorrect details are given under the heading ‘Request for NCDs in or any other acquisition, inter alia by way of a lease, of any property.
carefully fill in their Depository Account details in the Application Form. These Demographic Details electronic form’ in the Application Form, it will be deemed to be an application for NCDs in physical form 66. Listing : For further details please refer to the Prospectus.
would be used for all correspondence with the applicants including mailing of the refund orders/ Allotment and thus will be rejected. (viii) For allotment of NCDs in electronic form, the address, nomination details For the avoidance of doubt, it is hereby clarified that in the event of non subscription to any one or more
and other details of the applicant as registered with his/her DP shall be used for all correspondence with of the Options, such NCDs with Option(s) shall not be listed.
Advice and printing of bank particulars on the refund/interest order and the Demographic Details given the applicant. The applicant is therefore responsible for the correctness of his/her demographic details
by applicant in the Application Form would not be used for these purposes by the Registrar. Hence, given in the Application Form vis-à-vis those with his/her DP. In case the information is incorrect or FOR FURTHER DETAILS, PLEASE REFER TO THE PROSPECTUS
applicants are advised to update their Demographic Details as provided to their Depository Participants
and ensure that they are true and correct. By signing the Application Form, the applicant would have ISSUE MANAGEMENT TEAM
deemed to have authorised the depositories to provide, upon request, to the Registrar to the Issue, the LEAD MANAGERS
required Demographic Details as available on its records. Refund Orders/Allotment Advice would be
mailed at the address of the applicant as per the Demographic Details received from the Depositories.
Applicant may note that delivery of Refund Orders/Allotment Advice may get delayed if the same once
sent to the address obtained from the Depositories are returned undelivered. In such an event, the address ICICI SECURITIES LIMITED HDFC BANK LIMITED JM FINANCIAL CONSULTANTS PRIVATE LIMITED
and other details given by the applicant in the Application Form would be used only to ensure dispatch H.T. Parekh Marg, Churchgate Investment Banking Division, Trade World ‘A’ Wing, 1 st Floor, 141 Maker Chambers III, Nariman Point
of refund orders. Please note that any such delay shall be at the applicant’s sole risk and neither we nor Mumbai 400 020, India Kamala Mills, Senapati Bapat Marg, Lower Parel (W) Mumbai 400 021, India
the Lead Managers and the Co-Lead Managers or the Registrars shall be liable to compensate the Tel: (91 22) 2288 2460 Mumbai 400 013, India Tel : (91 22) 6630 3030
applicant for any losses caused to the applicant due to any such delay or liable to pay any interest for such Fax: (91 22) 2282 6580 Tel: (91 22) 4080 4108 • Fax: (91 22) 4080 4114 Fax: (91 22) 2204 2137
Email: [email protected] Email: [email protected] Email: [email protected]
delay. However in case of applications made under power of attorney, our Company in its absolute Investor Grievance Email : [email protected] Investor Grievance Email: [email protected] Investor Grievance Email: [email protected]
discretion, reserves the right to permit the holder of Power of Attorney to request the Registrar that for the Website: www.icicisecurities.com Website: www.hdfcbank.com Website: www.jmfinancial.in
purpose of printing particulars on the refund order and mailing of Refund Orders /Allotment Advice, the Contact Person: Amit Joshi/Bhavin Vakil Contact Person: Paresh Soni Contact Person : Lakshmi Lakshmanan
demographic details obtained from the Depository of the applicant shall be used. In case no corresponding SEBI Registration No.: INM000011179 SEBI Registration No.: INM000011252 SEBI Registration No.: INM000010361
LEAD MANAGERS CO-LEAD MANAGERS REGISTRAR TO THE ISSUE

KOTAK MAHINDRA CAPITAL COMPANY LIMITED YES BANK LIMITED KARVY INVESTOR SERVICES LIMITED RR INVESTORS CAPITAL SERVICES (P) LIMITED LINK INTIME INDIA PRIVATE LIMITED
1st Floor, Bakhtawar, 229, Nehru Centre, 12th Floor, Discovery of India Regent Chambers, 2nd floor 133A, Mittal Tower, A- Wing, C-13, Pannalal Silk Mills Compound,
Nariman Point Dr. A B Road, Worli Nariman Point Nariman Point L.B.S. Marg, Bhandup (West),
Mumbai 400 021, India Mumbai 400 018, India Mumbai 400 021 Mumbai 400 021 Mumbai 400 078, India
Tel: (91 22) 6634 1100 Tel : (91 22) 6669 9000 Tel : (91 22) 2289 5000 Tel : (91 22) 2288 6627/28 Tel: (91 22) 2596 0320
Fax: (91 22) 2283 7517 Fax: (91 22) 2497 4158 Fax: (91 22) 3020 4040 Fax: (91 22) 2285 1925 Fax: (91 22) 2596 0329
Email:[email protected] Email: [email protected] Email: [email protected] Email: [email protected] Toll Free: 1-800-22-0320Email: [email protected]
Investor Grievance Email: [email protected] Investor Grievance Email: [email protected] Investor Grievance Email: [email protected] Investor Grievance Email: [email protected] Investor Grievance Email: [email protected]
Website: www.investmentbank.kotak.com Website: www.yesbank.in Website: www.karvy.com Website: www.rrfcl.com Website: www.linkintime.co.in
Contact Person: Chandrakant Bhole Contact Person : Salome Shah Contact Person : Lokesh Singhi Contact Person : Brahmdutta Singh Contact Person: Sachin Achar
SEBI Registration No.: INM000008704 SEBI Registration No.: INM000010874 SEBI Registration No.: INM000008365 SEBI Registration No.: INM000007508 SEBI Registration No.: INR000004058

MUTHOOT FINANCE LIMITED 5

 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
Compliance Officer and Company Secretary : Rajesh A., Muthoot Chambers,Opposite Saritha Theatre Complex, 2nd Floor, Banerji Road, Kochi 682 018, Kerala, India. Tel: (91 484) 353 5533 Fax: (91 484) 2396506 E-mail: [email protected]
Debenture Trustee : IDBI Trusteeship Services Limited, Asian Building, Ground Floor, 17 R. Kamani Marg, Ballard Estate, Mumbai 400 001, India. Tel: (91 22) 4080 7000 Fax: (91 477) 6631 1776 Email: [email protected] Website: www.idbitrustee.co.in Contact Person: Sarita Iyer, SEBI Registration No. : IND000000460
Statutory Auditors : Rangamani & Co, Chartered Accountants, 17/598, 2nd Floor, Card BankBuilding, West of YMCA, VCSB Road, Allepey 688 011, Kerala, India. Tel: (91 477) 226 1542 Fax: (91 477) 226 1542 Email: [email protected]
Credit Rating : CRISIL Limited, CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai 400 076, India. Tel: (91 22) 3342 3000/1952 Fax: (91 22) 3342 3050. ICRA Limited, 1105, Kailash Building, 11th Floor, 26, Kasturba Gandhi Marg, New Delhi 110 001, India. Tel: (91 11) 2335 7940-50
Fax: (91 11) 2335 7014
Legal Advisors to the Issue : AZB & Partners AZB House, 67-44th Cross, Lavelle RoadBangalore 560 001, IndiaTel: (91 80) 2212 9782Fax: (91 80) 2221 3947
Bankers to the Issue : Axis Bank Limited41/419, Ground Floor, Chicago PlazaRajaji Road, ErnakulamKochi 682 035, IndiaTel: (91 484) 4411 008/ 4411 039Fax: (91 484) 2384 273Email: [email protected], [email protected]: www.axisbank.comContact Person: Venkitachalam Anand/Suraj DasSEBI
Registration No.: INBI00000017. Dhanlaxmi Bank Limited : Janmabhoomi Bhavan, Janmabhoomi Marg, Mumbai 400 001, India. Tel: (91 22) 2202 2535/ 6154 1857 Fax: (91 22) 2287 1637/ 6154 1725 Email: [email protected], Website: www.dhanbank.com, Contact Person: Venkataraghavan T A, SEBI
Registration No.: INBI00000025. HDFC Bank Limited : FIG-OPS Department – Lodha, I Think Techno Campus, O-3 Level, Next to Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai 400 042, India. Tel: (91 22) 3075 2928. Fax: (91 22) 2579 9801 Email: [email protected], Website: www.hdfcbank.com, Contact
Person: Deepak Rane,SEBI Registration No.: INBI00000063 ICICI Bank Limited : Capital Markets Division, 30, Mumbai Samachar Marg, Mumbai 400 001, India. Tel: (91 22) 6631 0322/12, Fax: (91 22) 2261 1138/ 6631 0350, Email: [email protected], Website: www.icicibank.com, Contact Person: Anil Gadoo, SEBI
Registration No.: INBI00000004. IndusInd Bank Limited : Cash Management Services, Solitaire Corporate Park, No. 1001, Building No. 10, Ground Floor, Guru Hargovindji Marg, Andheri (East), Mumbai 400 093, India. Tel: (91 22) 6772 3901-17, Fax: (91 22) 6772 3998, Email: [email protected], Website:
www.indusind.com, Contact Person: Suresh Esaki, SEBI Registration No.: INBI00000002. Kotak Mahindra Bank Limited : 5th Floor, Dani Corporate Park, Kalina, Santa Cruz (East), Mumbai 400 055, India, Tel: (91 22) 6759 5336, Fax: (91 22) 6759 5374, Email: [email protected], Website: www.kotak.com, Contact Person: Amit
Kumar, SEBI Registration No.: INBI00000927. YES Bank Limited : 3rd Floor, Ion House, Dr. E Moses Road, Mahalakshmi, Mumbai 400 011, India. Tel: (91 22) 6622 9031, Fax: (91 22) 2497 4875, Email: [email protected], Website: www.yesbank.in, Contact Person: Mahesh Shirali, SEBI Registration No.: INBI00000935
RISK FACTORS
Prospective investors should carefully consider the risks and uncertainties described below, in addition lower and affordable interest rates, increased need for urgent borrowing or bridge financing requirements with certain banks and financial institutions contain restrictive covenants, which among other things
to the other information contained in the prospectus before making any investment decision relating to and the need for liquidity for assets held in gold and also due to increased awareness among customers require us to obtain prior permission of such banks or financial institutions or to inform them with respect
the NCDs. If any of the following risks or other risks that are not currently known or are now deemed of Gold Loans as a source of quick access to funds. All of these factors have resulted in us facing increased to various activities, including, alteration of our capital structure, changes in management, raising of fresh
immaterial, actually occur, our business, financial condition and result of operation could suffer, the competition from other lenders in the Gold Loan industry, including commercial banks and other NBFCs. capital or debt, payment of dividend, undertaking new projects, or undertaking any merger or amalgamation,
trading price of the NCDs could decline and you may lose all or part of your interest and / or redemption Unlike commercial banks or deposit-taking NBFCs, we do not have access to funding from savings and invest by way of share capital or lend to other companies, undertaking guarantee obligations on behalf
amounts. Unless otherwise stated in the relevant risk factors set forth below, we are not in a position to current deposits of customers. Instead, we are reliant on higher-cost term loans and debentures for our of other companies, and creation of further charge on fixed assets. Additionally, certain loan agreements
specify or quantify the financial or other implications of any of the risks mentioned herein. The ordering funding requirements, which may reduce our margins compared to competitors. Our ability to compete require us to meet and maintain prescribed financial ratios. Further, under these loan agreements during
of the risk factors is intended to facilitate ease of reading and reference and does not in any manner effectively with commercial banks or deposit-taking NBFCs will depend, to some extent, on our ability to the subsistence of the facility, the lender has a right to appoint a nominee director on our Board from time
indicate the importance of one risk factor over another. raise low-cost funding in the future. If we are unable to compete effectively with other participants in the to time. Furthermore, some of our financing arrangements contain cross default provisions which could
The prospectus contains forward looking statements that involve risk and uncertainties. Our Company’s Gold Loan industry, our business, future financial performance and the trading price of the NCDs and automatically trigger defaults under other financing arrangements, in turn magnifying the effect of an
actual results could differ materially from those anticipated in these forward looking statements as a result Equity Shares may be adversely affected. Furthermore, as a result of increased competition in the Gold individual default. Although we attempt to maintain compliance with our covenants or obtain prospective
of several factors, including the considerations described below and elsewhere in the prospectus. Loan industry, Gold Loans are becoming increasingly standardised and variable interest rate and payment waivers where possible, we cannot assure you that we will be continuously compliant. We have breached
Investors are advised to read the following risk factors carefully before making an investment in the NCDs terms and waiver of processing fees are becoming increasingly common in the Gold Loan industry in India. in the past, and are currently in breach of, certain covenants under these loan agreements and other
offered in this Issue. You must rely on your own examination of our Company and this Issue, including the There can be no assurance that we will be able to react effectively to these or other market developments financing arrangements. For example, with respect to the execution of the Baring Investment Agreement,
risks and uncertainties involved. or compete effectively with new and existing players in the increasingly competitive Gold Loans industry. Kotak Investment Agreement, Matrix Investment Agreement and Wellcome Investment Agreement and
INTERNAL RISK FACTORS Increasing competition may have an adverse effect on our net interest margin and other income, and, if the consequent alteration of our capital structure, we did not obtain a prior written permission from certain
Risks relating to our Business & Company : we are unable to compete successfully, our market share may decline as the origination of new loans banks and financial institutions. Although no bank or financial institution has issued a notice of default
1. We and our Directors are involved in certain legal and other proceedings that if determined against us, could declines. to us, if we are held to be in breach of any financial or other covenants contained in any of our financing
have a material adverse effect on our financial condition and results of operations. Our Company and our 7. We have certain contingent liabilities which may adversely affect our financial condition. : As per the audited arrangements, we may be required to immediately repay our borrowings either in whole or in part,
Directors are defendants in legal proceedings. These legal proceedings are pending at different levels financial statements of the Company for the period ended March 31, 2011 we had certain contingent together with any related costs, and because of such defaults we may be unable to find additional sources
of adjudication before various levels of adjudication before various courts and tribunals. The amounts liabilities not provided for, amounting to ` 3,631.28 million. The contingent liability amounts disclosed of financing. If any of these events were to occur, it would likely result in a material adverse effect on our
claimed in these proceedings have been disclosed to the extent ascertainable, excluding contingent in our audited financial statements represent estimates and assumptions of our management based on financial condition and results of operations or even our ability to continue as a going concern.
liabilities and include amounts claimed jointly and severally from us and other parties. Should any new advice received. Please refer to the Prospectus. 13. All of the Gold Loans we offer are due within one year of disbursement, and a failure to disburse new loans
developments arise, such as any change in applicable Indian law or any rulings against us by appellate 8. We may not be able to successfully sustain our growth strategy. :In recent periods, we have experienced may result in a reduction of our loan portfolio and a corresponding decrease in our interest income. All of the
courts or tribunals, we may need to make provisions in our financial statements that could increase substantial growth. Our net profit as per the audited financial statements of the Company, in fiscals 2008, Gold Loans we offer are due within one year of disbursement. The relatively short-term nature of our loans
expenses and current liabilities. Any adverse decision may have an adverse effect on our business, results 2009, 2010 and 2011 was ` 630.7 million ` 978.7 million, ` 2,285.2 million and ` 4,941.76 million, means that our long-term interest income stream is less certain than if a portion of our loans were for a
of operations and financial condition. For further details, see section titled “Pending proceedings and respectively. Our gross retail loans outstanding grew year on year by 120.78% to ` 74,381.5 million as of longer term. In addition, our existing customers may not obtain new loans from us upon maturity of their
statutory defaults” on page 211 of the Prospectus. March 31, 2010, and by 113.3% to ` 158,684.5 million as of March 31, 2011 from ` 74,381.5 million as existing loans, particularly if competition increases. The potential instability of our interest income could
of March 31, 2010, as per our audited financial statements. Our growth strategy includes growing our loan materially and adversely affect our results of operations and financial position.
2. The “Muthoot” logo and other combination marks are proposed to be registered in the name of our Promoters.
If we are unable to use the trademarks and logos, our results of operations may be adversely affected. The brand book and expanding the range of products and services offered to our customers and expanding our branch 14. We have entered into assignment agreements to sell certain loans from our outstanding loan portfolio. If
and trademark “Muthoot”, as also related marks and associated logos (“Muthoot Trademarks”) are currently network. There can be no assurance that we will be able to sustain our growth strategy successfully, or such assignment of loans is held to be unenforceable under applicable law, it could have a materialadverse effect
registered in the name of our Company. We believe that the Muthoot Trademarks are important for our continue to achieve or grow the levels of net profit earned in recent years, or that we will be able to expand on our business, financial condition and results of operations. From time to time we sell and assign a group
business. Our Company proposes to register the Muthoot Trademarks jointly in the name of our Promoters further or diversify our loan book. Furthermore, there may not be sufficient demand for such products, or of similar loans from our outstanding loan portfolio to financial institutions in return for an upfront fixed
through a rectification process or irrevocably grant ownership rights by alternate, legally compliant means. they may not generate sufficient revenues relative to the costs associated with offering such products and consideration. As per our audited financial statements, as on March 31, 2011 the outstanding portfolio
Pursuant to applications filed on September 20, 2010 by our Company and our Promoters before the services. Even if we were able to introduce new products and services successfully, there can be no of assigned loans was ` 41,863.9 million constituting 26.4% of the gross loan portfolio. As a part of such
Trade Marks Registry, Chennai, our Promoters have stated that their father, Late Mr. M. George Muthoot, assurance that we will be able to achieve our intended return on such investments. If we grow our loan transactions, we provide credit enhancement through fixed deposits with banks or issue corporate guarantees
had adopted and had been using the Muthoot Trademarks since 1939 and that our Promoters had, since book too rapidly or fail to make proper assessments of credit risks associated with borrowers, a higher to the purchaser for an amount equal to a negotiated percentage of the value of the loans being assigned.
the demise of Late Mr. M. George Muthoot, been continuing his business and using the Muthoot Trademarks percentage of our loans may become non-performing, which would have a negative impact on the quality The loan assignment agreements contain certain representations and warranties made by us regarding
as its joint proprietors. Our Company has confirmed that our Company has, since incorporation, been of our assets and our financial condition. We also face a number of operational risks in executing our the assigned loans, which, if breached could result in additional costs and expenses to us. In the event
using the Muthoot Trademarks as per an implied user permission granted by our Promoters and that the growth strategy. We have experienced rapid growth in our Gold Loan business and our branch network also that one or more of the asset assignment agreements entered into by us are held by a court of law or
application for registration of the Muthoot Trademarks in the name of our Company was filed through has expanded significantly, and it is entering into new, smaller towns and cities within India as part of declared by a statute as unenforceable, we may be required to terminate these assignment agreements
inadvertence. Consequently, an application has been made to Trade Marks Registry, Chennai, to effect our growth strategy. Our rapid growth exposes us to a wide range of increased risks within India, including and may suffer losses. In addition, if such assignments of loans are sought to be regulated, it could
business risks, such as the possibility that our number of impaired loans may grow faster than anticipated, adversely affect our ability to raise resources through the loan assignment route. Such events may adversely
a rectification in the Register of Trademarks. Since a rectification process (by application before the Trade and operational risks, fraud risks and regulatory and legal risks. Moreover, our ability to sustain our rate affect our business, financial condition and results of our operations and our ability to assign our loans.
Marks Registry, Chennai as mentioned above) is underway, and not an assignment of the Muthoot of growth depends significantly upon our ability to manage key issues such as selecting and retaining key 15. Our business could be adversely affected if we are not able to control or reduce the level of non-performing
Trademarks, no independent valuation of the Muthoot Trademarks has been conducted. It is proposed managerial personnel, maintaining effective risk management policies, continuing to offer products assets in our portfolio. We may not be successful in our efforts to improve collections and/or enforce the
that consequent to such rectification, the Promoters will grant our Company a non-exclusive licence to use which are relevant to our target base of customers, developing managerial experience to address emerging security interest on the gold collateral on existing as well as future non-performing assets. Moreover, as
the Muthoot Trademarks for an annual royalty equivalent to 1% of the gross income of our Company, challenges and ensuring a high standard of customer service. We will need to recruit, train and integrate our loan portfolio matures, we may experience greater defaults in principal and/or interest repayments.
subject to a maximum of 3% of profit before tax (after charging the royalty) and managerial remuneration new employees, as well as provide continuing training to existing employees on internal controls and risk Thus, if we are not able to control or reduce our level of non-performing assets, the overall quality of our
payable by our Company each financial year. Subject to certain other conditions, it is proposed that this management procedures. Failure to train and integrate employees may increase employee attrition rates, loan portfolio may deteriorate and our results of operations may be adversely affected. As per our audited
licence would continue until such time that our Promoters, together with the Promoter Group, jointly cease require additional hiring, erode the quality of customer service, divert management resources, increase financial statements, our gross NPAs as of March 31, 2008, 2009, 2010 and 2011 was ` 92.6 million, `
to hold at least 50.01% of the paid-up equity share capital of our Company. Since the rectification is yet our exposure to high-risk credit and impose significant costs on us. We also plan to expand our Gold Loan 161.1 million ` 343.6 million and ` 460.1 million, respectively. For further details on our non-performing
to be effected and consequently, no licence has been granted to us as of date, we cannot assure you that business in new geographies outside India. We have limited or no operating experience in these new assets please refer page 100 of the Prospectus to the sub-section titled ‘Non-performing Assets’. The
we will be able to obtain a licence to use the Muthoot Trademarks, when registered, from our Promoters geographies, and we may encounter difficulties in entering into these new geographies. This will require following table discloses the quantum of our non-performing assets in the preceding three financial years:
on commercially acceptable terms, or at all. In addition, loss of the rights to use the Muthoot Trademarks significant capital investments and commitment of time from our senior management, and there often is (In ` million except for Net NPAs/Net Retail loans and Gross NPAs/Gross Retail Loans; as per our restated
may affect our reputation, goodwill, business and our results of operations. limited or no prospect of earnings in the initial years. Moreover, there is no assurance that we will be able audited financial statements)
3. Our business requires substantial capital, and any disruption in funding sources would have a material to commence operations in accordance with our timelines, if at all, which could result in additional costs As of Mar ch 31
adverse effect on our liquidity and financial condition. Our liquidity and ongoing profitability are, in large and time commitments from our senior management. There also can be no assurance that our management 2009 2010 2011
part, dependent upon our timely access to, and the costs associated with, raising capital. Our funding will be able to develop the skills necessary to successfully manage this geographical expansion. Our
requirements historically have been met from a combination of borrowings such as working capital limits inability to effectively manage any of the above issues could materially and adversely affect our business Gross NPAs 161.1 343.6 460.1
from banks and selling of our loan portfolio to other lenders such as banks, and issuance of commercial and impact our future financial performance. Furthermore, we are entering new businesses as part of our Provisions 16.1 37.1 69.6
paper, non-convertible debentures and equity. Thus, our business depends and will continue to depend growth strategy. For example, we recently have entered into the business of distributing pension schemes
on our ability to access diversified low-cost funding sources. The crisis in the global credit market that as part of the New Pension Scheme of Pension Fund Regulatory & Development Authority. We have little Net NPAs 145.0 306.4 390.5
began in mid 2007 destabilised the prevailing lending model by banks and financial institutions. These or no operating experience with these businesses, and you should consider the risks and difficulties we Net Retail loans 25,559.8 54,298.3 116820.6
adverse conditions reached unprecedented levels through 2008. The capital and lending markets remained may encounter by entering into new lines of business. New businesses will require significant capital Net NPAs/Net Retail loans (%) 0.57% 0.56% 0.33%
highly volatile and access to liquidity had been significantly reduced. These conditions had resulted in investments and commitments of time from our senior management, and there often is little or no prospect
increased borrowing costs and difficulty in accessing debt in a cost-effective manner. In addition, it of earnings in a new business for several years. Moreover, there is no assurance any new business we Gross Retail Loans 33,690.1 74,381.5 158684.5
became more difficult to renew loans and facilities as many potential lenders and counterparties also develop or enter will commence in accordance with our timelines, if at all, which could result in additional Gross NPAs/Gross Retail Loans (%) 0.48% 0.46% 0.29%
faced liquidity and capital concerns as a result of the stress in the financial markets. Moreover, we are a costs and time commitments from our senior management. There also can be no assurance that our
“systemically important non-deposit accepting” NBFC, and do not have access to deposits. We are also management will be able to develop the skills necessary to successfully manage these new business Amounts Written-off - 6.2 18.3
restricted from inviting interest in our secured non-convertible debentures which are issued on a private areas. Our inability to effectively manage any of the above issues could materially and adversely affect The Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve
placement basis, by advertising to the public. We also face significant maturities of unsecured debt each our business and impact our future financial performance. Bank) Directions, 2007 prescribe the provisioning required in respect of our outstanding loan portfolio.
year. ` 10,168.4 million of our outstanding unsecured debt as on March 31, 2011 matures during the 9. We may not be in compliance with relevant state money lending laws, which could adversely affect our Should the overall credit quality of our loan portfolio deteriorate, the current level of our provisions may
current fiscal year ending March 31, 2012. In order to retire these instruments, we either will need to business. There is ambiguity on whether or not NBFCs are required to comply with the provisions of state not be adequate to cover further increases in the amount of our non-performing assets. Furthermore,
refinance this debt, which could be difficult in the event of case of volatility in the credit markets, or raise money lending laws that establish ceilings on interest rates. As of September 20, 2009, our Company has although we believe that our total provision will be adequate to cover all known losses in our asset
equity capital or generate sufficient cash to retire the debt. been specifically exempted from the provisions of the Money Lenders Act in Karnataka, Andhra Pradesh portfolio, our current provisions may not be adequate when compared to the loan portfolios of other
4. Our financial performance is particularly vulnerable to interest rate risk. : Over the last several years, the and there is a blanket exemption for all NBFCs in Rajasthan. Further, we have also received show cause financial institutions. Moreover, there also can be no assurance that there will be no further deterioration
Government of India has substantially deregulated the financial sector. As a result, interest rates are now notices from certain Government authorities in relation to compliance with relevant money lending in our provisioning coverage as a percentage of gross non-performing assets or otherwise, or that the
primarily determined by the market, which has increased the interest rate risk exposure of all banks and statutes in relation to our operations in the states of Gujarat, Kerala, Karnataka and Andhra Pradesh. We percentage of non-performing assets that we will be able to recover will be similar to our past experience
financial intermediaries in India, including us. Our results of operations are substantially dependent upon also carry out operations in other states such as Tamil Nadu, Madhya Pradesh, and Maharashtra, where of recoveries of non-performing assets. In the event of any further increase in our non-performing asset
the level of our net interest margins. Interest rates are sensitive to many factors beyond our control, there are money lending statutes in operation. In addition, in the event the provisions of any state specific portfolio, there could be an even greater, adverse impact on our results of operations.
including the RBI’s monetary policies, domestic and international economic and political conditions and regulations are extended to NBFCs in the gold loan business such as our Company, we could have 16. We face difficulties in carrying out credit risk analyses on our customers, most of whom are individual
other factors. Our policy is to attempt to balance the proportion of our interest-earning assets, which bear increased costs of compliance and our business and operations could be adversely affected. For further borrowers Unlike several developed economies, a nationwide credit bureau has only recently become
fixed interest rates, with interest-bearing liabilities. A majority of our liabilities, such as our secured non- details, see “Pending proceedings and Statutory Defaults” beginning on page 211 of the Prospectus. operational in India, so there is less financial information available about individuals, particularly our
convertible debentures, subordinated debt and short term loans carry fixed rates of interest and the There are severe civil and criminal penalties for non-compliance with the relevant money lending statutes. focus customer segment from the low to middle income group who typically have limited access to other
remaining are linked to the respective banks’ benchmark prime lending rate/base rate. As of March 31, 2011, In the event that the government of any state in India requires us to comply with the provisions of their financing sources. It is therefore difficult to carry out precise credit risk analyses on our customers. Although
49.3% of our borrowings were at fixed rates of interest, comprising primarily our privately placed secured respective state money lending laws, or imposes any penalty against us, our Directors or our officers, we follow certain know-your-customer procedures at the time of sanctioning a loan, we generally rely on
non-convertible redeemable debentures, which constituted 33.4% of our total indebtedness as of March 31, including for prior non-compliance, our business, results of operations and financial condition may be the quality of the gold jewellery provided as collateral rather than on a stringent analysis of the credit
2011. However, there can be no assurance that we will be able to adequately manage our interest rate adversely affected. profile of our customers. Although we believe that our risk management controls are sufficient, we cannot
risk in the future and be able to effectively balance the proportion of our fixed rate loan assets and 10. A major part of our branch network is concentrated in southern India and any disruption or downturn in be certain that they will continue to be sufficient or that additional risk management policies for individual
liabilities in the future. Further, despite this balancing, changes in interest rates could affect the interest the economy of the region would adversely affect our operations. As of June 30, 2011, 1,944 out of our 2,997 borrowers will not be required. Failure to maintain sufficient credit assessment policies, particularly for
rates charged on interest-earning assets and the interest rates paid on interest-bearing liabilities in branches are located in the southern states of Tamil Nadu (649 branches), Kerala (635 branches), Andhra individual borrowers, could adversely affect our credit portfolio which could have a material and adverse
different ways. Thus, our results of operations could be affected by changes in interest rates and the timing Pradesh (373 branches), Karnataka (279 branches) and Union Territory of Pondicherry (8 branches). Any effect on our results of operations and financial condition.
of any repricing of our liabilities compared with the re-pricing of our assets. Furthermore, we are exposed disruption, disturbance or breakdown in the economy of southern India could adversely affect the result 17. Our customer base comprises mostly individual borrowers, who generally are more likely to be affected by
to greater interest rate risk than banks or deposit-taking NBFCs. In a rising interest rate environment, if of our business and operations. As of March 31, 2011, the southern Indian states of Tamil Nadu, Kerala, declining economic conditions than large corporate borrowers. Individual borrowers generally are less
the yield on our interest-earning assets does not increase at the same time or to the same extent as our Andhra Pradesh, Karnataka and the Union Territory of Pondicherry constituted 73.6% of our total Gold financially resilient than large corporate borrowers, and, as a result, they can be more adversely affected
cost of funds, or, in a declining interest rate environment, if our cost of funds does not decline at the same Loan portfolio. Our concentration in southern India exposes us to adverse economic or political circumstances by declining economic conditions. In addition, a significant majority of our customer base belongs to the
time or to the same extent as the yield on our interest-earning assets, our net interest income and net that may arise in that region as compared to other NBFCs and commercial banks that have diversified low to middle income group, who may be more likely to be affected by declining economic conditions than
interest margin would be adversely impacted. Additional risks arising from increasing interest rates national presence. If there is a sustained downturn in the economy of south India, our financial position large corporate borrowers.
include: • reductions in the volume of loans as a result of customers inability to service high interest rate may be adversely affected. 18. Because we handle high volume of cash and gold jewellery in a dispersed network of branches, we are
payments; and • reductions in the value of fixed income securities held in our investment portfolio. • There 11. Our indebtedness and the conditions and restrictions imposed by our financing agreements could restrict exposed to operational risks, including employee negligence, fraud, petty theft, burglary and embezzlement,
can be no assurance that we will be able to adequately manage our interest rate risk in the future and, our ability to conduct our business and operations in the manner we desire. As per our audited financial which could harm our results of operations and financial position. As per our restated audited financial
if we are unable to do so, this would have an adverse effect on our net interest margin. statements, as of March 31, 2011, we had outstanding debt of ` 119,385.9 million. We may incur additional statements, as of March 31, 2011, we held cash balance of ` 1,350.1 million and gold jewellery of 112.0
indebtedness in the future. Our indebtedness could have several important consequences, including but tons. Our business involves carrying out cash and gold jewellery transactions that expose us to the risk of
5. We may not be able to recover the full loan amount, and the value of the collateral may not be sufficient to fraud by employees, agents, customers or third parties, theft, burglary, and misappropriation or unauthorised
cover the outstanding amounts due under defaulted loans. We extend loans secured by gold jewellery not limited to the following: • a portion of our cash flow may be used towards repayment of our existing
debt, which will reduce the availability of our cash flow to fund our capital adequacy requirements, working transactions by our employees. Our insurance policies, security systems and measures undertaken to
provided as collateral by the customer. An economic downturn or sharp downward movement in the price detect and prevent these risks may not be sufficient to prevent or detect such activities in all cases, which
of gold could result in a fall in collateral values. In the event of any decrease in the price of gold, customers capital, capital expenditures, acquisitions and other general corporate requirements; • our ability to
obtain additional financing in the future at reasonable terms may be restricted or our cost of borrowings may adversely affect our operations and profitability. Further, we may be subject to regulatory or other
may not repay their loans and the collateral gold jewellery securing the loans may have decreased may increase due to sudden adverse market conditions, including decreased availability of credit or proceedings in connection with any unauthorised transaction, fraud or misappropriation by our
significantly in value, resulting in losses which we may not be able to support. Although we use a fluctuations in interest rates, particularly because a significant proportion of our financing arrangements representatives and employees, which could adversely affect our goodwill. The nature and size of the
technology-based risk management system and follow strict internal risk management guidelines on are in the form of borrowings from banks.; • fluctuations in market interest rates may affect the cost of our items provided as collateral allow these items to be misplaced or mis-delivered, which may have a
portfolio monitoring, which include periodic assessment of loan to security value on the basis of conservative borrowings, as some of our indebtedness are at variable interest rates; • there could be a material adverse negative impact on our operations and result in losses. For example, (i) in 2008 and 2009, we encountered
market price levels, limits on the amount of margin, ageing analysis and pre-determined loan closure call effect on our business, financial condition and results of operations if we are unable to service our two instances of staff fraud at our Millerganj, Punjab and Sakthikulangara, Kerala branches, where 497
thresholds, no assurance can be given that if the price of gold decreased significantly, our financial indebtedness or otherwise comply with financial and other covenants specified in the financing agreements; packets of gold (pledged against a loan amount of ` 16,127,480) and ` 500,000 in cash were stolen by
condition and results of operations would not be adversely affected. The impact on our financial position and • we may be more vulnerable to economic downturns, may be limited in our ability to withstand our employees, (ii) in 2009, gold ornaments pledged by two of our customers at our branches at Pettah,
and results of operations of a hypothetical decrease in gold values cannot be reasonably estimated competitive pressures and may have reduced flexibility in responding to changing business, regulatory Trivandrum, and Thenkassi Old Bus Stand, Tamil Nadu, against loan amounts of ` 144,000 and ` 27,000,
because the market and competitive response to changes in gold values is not pre-determinable. and economic conditions. Some of our financing agreements also include various conditions and covenants respectively, were reported to be stolen goods and seized by the police, and (iii) in 2009, in two separate
Additionally, we may not be able to realise the full value of our collateral, due to, among other things, that require us to obtain lender consents prior to carrying out certain activities and entering into certain cases, 87 grams of spurious gold and 604 grams of spurious gold were pledged, against loan amounts
defects in the quality of gold or wastage on melting gold jewellery into gold bars. In the case of a default, transactions. Failure to meet these conditions or obtain these consents could have significant consequences of ` 93,500 and ` 578,500, respectively, with our branches at Trichur West Fort, Kerala and Lajpat Nagar,
we typically sell the gold jewellery collateral through auctions primarily to local jewellers and there can on our business and operations. Specifically, we may require, and may be unable to obtain, lender New Delhi, respectively.
be no assurance that we will be able to sell such gold jewellery provided as collateral at prices sufficient consents to incur additional debt, issue equity, change our capital structure, declare dividend, increase 19. A decline in our capital adequacy ratio could restrict our future business growth. As per the revised norms
to cover the amounts under default. In addition, failure by our employees to properly appraise the value or modify our capital expenditure plans, undertake any expansion, provide additional guarantees, change of RBI, from March 31, 2011, we are required to maintain a capital adequacy ratio of at least 15% of our
of the collateral provides us with no recourse against the borrower. Moreover, there may be delays our management structure, merge with or acquire other companies, or amend its charter documents, risk-weighted assets. Our capital adequacy ratio was 15.82% as of March 31, 2011, with Tier I capital
associated with such auction process. A failure to recover the expected value of collateral security could whether or not there is any failure by us to comply with the other terms of such agreements. Any failure comprising 10.62%. If we continue to grow our loan portfolio and asset base, we will be required to raise
expose us to a potential loss. Any such losses could adversely affect our financial condition and results to comply with the requirement to obtain a consent, or other condition or covenant under our financing additional Tier I and Tier II capital in order to continue to meet applicable capital adequacy ratios with
of operations. agreements that is not waived by our lenders or is not otherwise cured by us, may lead to a termination respect to our business of Gold Loans. There can be no assurance that we will be able to raise adequate
6. We face increasing competition in our business which may result in declining margins if we are unable to of our credit facilities, acceleration of all amounts due under such facilities and trigger cross default additional capital in the future on terms favourable to us, or at all, and this may adversely affect the growth
compete effectively. : Our principal business is the provision of personal loans to retail customers in India provisions under certain of our other financing agreements, and may adversely affect our ability to conduct of our business.
secured by gold jewellery as collateral. Historically, the Gold Loan industry in India has been largely our business and operations or implement our business plans. Moreover, certain of our loans may be 20. If we fail to maintain effective internal control over financial reporting in the future, the accuracy and timing
unorganised and dominated by local jewellery pawn shops and money lenders, with very few public sector recalled by our lenders at any time. If any of these lenders recall its loans, our cash position, business and of our financial reporting may be adversely affected. We have taken steps intended to enhance our internal
and old generation private sector banks focusing on this sector. Attractive interest rates relative to risk operations may be negatively affected. controls commensurate to the size of our business, primarily through the formation of a designated
together with increased demand for access to capital from middle income group, previously availed 12. Our loan agreements contain restrictive covenants that may affect our business and operations, someof which internal audit team with additional technical accounting and financial reporting experience. However,
predominantly by lower income group customers with limited access to other forms of borrowings, have we are currently in breach of or have breached in the past. The loan agreements that we have entered into certain matters such as fraud and embezzlement cannot be eliminated entirely given the cash nature of
increased our exposure to competition. The demand for Gold Loans has also increased due to relatively our business. While we expect to remedy any such issues, we cannot assure you that we will be able to
6 MUTHOOT FINANCE LIMITED
 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
do so in a timely manner, which could impair our ability to accurately and timely report our financial hire additional personnel or retain existing qualified personnel, our ability to expand our business will may therefore become targets of violence if they are present when these crimes are committed, and may
position, results of operations or cash flows. be impaired and our revenue could decline. Hiring and retaining qualified and skilled managers and sustain physical and psychological injuries as a result. We may encounter difficulties recruiting and
21. We may experience difficulties in expanding our business into additional geographical markets in India. sales representatives are critical to our future, and competition for experienced employees in the Gold retaining qualified employees due to this risk and our business and operations may be adversely affected.
While the Gold Loans markets in the South Indian States of Kerala Tamil Nadu, Andhra Pradesh and Loan industry can be intense. In addition, we may not be able to hire and retain enough skilled and 44. Our internal procedures, on which we rely for obtaining information on our customers and loan collateral,
Karnataka remains and is expected to remain our primary strategic focus, we also evaluate attractive experienced employees to replace those who leave, or may not be able to re-deploy and retain our may be deficient and result in business losses. We rely on our internal procedures for obtaining information
growth opportunities in other regions in India and have expanded our operations in the northern, western employees to keep pace with continuing changes in technology, evolving standards and changing customer on our customers and loan collateral provided. In the event of lapses or deficiencies in our procedures or
and eastern states of India. We may not be able to leverage our experience in southern India to expand preferences. The failure to hire key executives or employees or the loss of executives and key employees in their implementation, we may be subject to business or operational risk. For example, in the event that
our operations in other regions, should we decide to further expand our operations. Factors such as could have a significant impact on our operations. we unknowingly receive stolen goods as collateral from a customer, the goods can be seized by authorities.
competition, culture, regulatory regimes, business practices and customs, customer tastes, behavior and 31. Our insurance coverage may not be adequate to protect us against all potential losses to which we may be Once seized by the authorities, gold items will be stored in court storage facilities without a surety
preferences in these cities where we may plan to expand our operations may differ from those in south subject. We maintain insurance cover for our free hold real estate and tangible properties and infrastructure arrangement. No recourse will generally be available to Company in the event of such seizure, except the
Indian states of Kerala, Tamil Nadu, Andhra Pradesh and Karnataka and our experience in the States of at all owned and leased premises which provides insurance cover against loss or damage by fire, earthquake, recovery of the loss from the customer.
Kerala, Tamil Nadu, Andhra Pradesh and Karnataka may not be applicable to these geographies. In lightning, riot, strike, storm, flood, explosion, aircraft damage, rock slide and missile testing. Further we 45. We do not own our branches of operation. Except for 14 branch offices, which are owned by us, all our
addition, as we enter new markets and geographical areas, we are likely to compete not only with other maintain insurance cover for employee fidelity, cash and gold in the office premises and in transit which branches are located on leased premises. If any of the owners of these premises does not renew an
large banks and financial institutions in the Gold Loan business, but also the local unorganised or semi- provides insurance cover against loss or damage by employee theft, burglary, house breaking and hold agreement under which we occupy the premises, or if any of the owners seeks to renew an agreement on
organised lenders, who are more familiar with local conditions, business practices and customs, have up. The aggregate insured value covered by the various insurance policies we have subscribed to was terms and conditions unfavorable to us, we may suffer a disruption in our operations or increased costs,
stronger relationships with customers and may have a more established brand name. If we plan to expand ` 1,497.5 billion as of June 30, 2011. However, the amount of our insurance coverage may be less than or both, which may adversely affect our business and results of operations.
our geographical footprint, our business may be exposed to various additional challenges, including the replacement cost of all covered property and may not be sufficient to cover all financial losses that we 46. Some of the lease agreements entered into by our Company with respect to our immovable properties may
obtaining necessary governmental approvals, identifying and collaborating with local business partners may suffer should a risk materialise. Further, there are many events that could significantly impact our not be duly registered or adequately stamped, which may adversely affect our operations. Some of our lease
with whom we may have no previous working relationship; successfully gauging market conditions in local operations, or expose us to third-party liabilities, for which we may not be adequately insured. If we were agreements with respect to our immovable properties may not be adequately stamped or duly registered.
markets with which we have no previous familiarity; attracting potential customers in a market in which to incur a significant liability for which we were not fully insured, it could have a material adverse effect Unless such documents are adequately stamped or duly registered, such documents may be rendered as
we do not have significant experience or visibility; being susceptible to local taxation in additional on our results of operations and financial position. inadmissible as evidence in a court in India or attract penalty as prescribed under applicable law, which
geographical areas of India; and adapting our marketing strategy and operations to different regions of 32. Our results of operations could be adversely affected by any disputes with our employees. As of June 30, may result in a material adverse effect on the continuance of the operations and business of our Company.
India in which other languages are spoken. Our inability to expand our current operations may adversely 2011, we employed 19,125 persons in our operations. Currently our employees do not belong to any EXTERNAL RISK FACTORS
affect our business prospects, financial conditions and results of operations. labour union. We do not engage any long term contract employees. While we believe that we maintain RISK FACTORS RELATED TO INDIA
22. System failures or inadequacy and security breaches in computer systems may adversely affect our business. good relationships with our employees, there can be no assurance that we will not experience future 47. Political instability or changes in the Government of India could adversely affect economic conditions in
Our business is increasingly dependent on our ability to process, on a daily basis, a large number of disruptions to our operations due to disputes or other problems with our work force, which may adversely India and consequently our business. Our Company is incorporated in India, derive its revenues in India
transactions. Our financial, accounting or other data processing systems may fail to operate adequately affect our business and results of operations. and all of our assets are located in India. Consequently, our performance and the market price and
or become disabled as a result of events that are wholly or partially beyond our control, including a 33. Our inability to obtain, renew or maintain our statutory and regulatory permits and approvals required to liquidity of the NCDs may be affected by changes in exchange rates and controls, interest rates, Government
disruption of electrical or communications services. If any of these systems do not operate properly or are operate our business may have a material adverse effect on our business. NBFCs in India are subject to strict policies, taxation, social and ethnic instability and other political and economic developments affecting
disabled or if there are other shortcomings or failures in our internal processes or systems, it could affect regulations and supervision by the RBI. In addition to the numerous conditions required for the registration India. The Government has traditionally exercised and continues to exercise a significant influence over
our operations or result in financial loss, disruption of our businesses, regulatory intervention or damage as a NBFC with the RBI, we are required to maintain certain statutory and regulatory permits and many aspects of the economy. Our business and the market price and liquidity of the NCDs may be affected
to our reputation. In addition, our ability to conduct business may be adversely impacted by a disruption approvals for our business. In the future, we will be required to renew such permits and approvals and by interest rates, changes in Government policy, taxation, social and civil unrest and political, economic
in the infrastructure that supports our businesses and the localities in which we are located. Our operations obtain new permits and approvals for any proposed operations. There can be no assurance that the or other developments in or affecting India. Since 1991, successive governments have pursued policies
also rely on the secure processing, storage and transmission of confidential and other information in our relevant authorities will issue any of such permits or approvals in the time-frame anticipated by us or at of economic and financial sector liberalisation and deregulation and encouraged infrastructure projects.
computer systems and networks. Our computer systems, software and networks may be vulnerable to all. Failure by us to renew, maintain or obtain the required permits or approvals may result in the The new Government, which has come to power in May 2009 has announced policies and taken initiatives
unauthorised access, computer viruses or other malicious code and other events that could compromise interruption of our operations and may have a material adverse effect on our business, financial condition that support the economic liberalisation program pursued by previous governments. The policies of the
data integrity and security. and results of operations. In addition, our branches are required to be registered under the relevant shops new Government may change the rate of economic liberalisation, specific laws and policies affecting
23. We may not be able to maintain our current levels of profitability due to increased costs or reducedspreads. and establishments laws of the states in which they are located. The shops and establishment laws banks and financial institutions and the Gold Loan industry, foreign investment and other matters affecting
Our business involves a large volume of small-ticket size loans and requires manual operational support. regulate various employment conditions, including working hours, holidays and leave and overtime investment in the NCDs. While the new Government is expected to continue the liberalisation of India’s
economic and financial sectors and deregulation policies, there can be no assurance that such policies
Hence, we require dedicated staff or providing our services. In order to grow our portfolio, our expanded compensation. Some of our branches have not applied for such registration while other branches still have will be continued. A significant change in the Government’s policies in the future, in particular, those
operations will also increase our manpower requirements and push up operational costs. Our growth will applications for registration pending. If we fail to obtain or retain any of these approvals or licenses, or relating to NBFCs and the Gold Loan industry in India, could affect business and economic conditions in
also require a relatively higher gross spread, or margin, on the consumer lending products we offer in order renewals thereof, in a timely manner, or at all, our business may be adversely affected. If we fail to comply, India, and could also adversely affect our financial condition and results of operations.
to maintain profitability. There can be no assurance that we will be able to maintain our current levels or a regulator claims we have not complied, with any of these conditions, our certificate of registration may 48 . If communal disturbances or riots erupt in India, or if regional hostilities increase, this would adversely affect
of profitability if the gross spreads on our consumer lending products were to reduce substantially, which be suspended or cancelled and we shall not be able to carry on such activities. the Indian economy, and our business, financial condition and results of operations. India has experienced
could adversely affect our results of operations. 34. We are subject to legal and regulatory risk which may adversely affect our business. As a non-deposit taking communal disturbances, terrorist attacks and riots during recent years. If such events recur, our operational
24. Our ability to access capital also depends on our credit ratings. The cost and availability of capital is also NBFC, we are subject to a wide variety of financial services laws and regulations and are supervised by and marketing activities may be adversely affected, resulting in a decline in our income. The Asian region
dependent on our short-term and long-term credit ratings. We have been assigned an “[ICRA] A1+” rating a large number of regulatory and enforcement authorities in India, including the RBI. The laws and has from time to time experienced instances of civil unrest and hostilities among neighbouring countries,
by ICRA for commercial paper and for short-term non-convertible debentures of ` 2,000.0 million, and a regulations governing the banking and financial services industry in India have become increasingly including those between India and Pakistan. The hostilities between India and Pakistan are particularly
“CRISIL A1+” rating by CRISIL for short term debt instruments of ` 40,000.0 million. We have been complex and cover a wide variety of issues, such as capital adequacy, exposure and other prudential threatening because both India and Pakistan are nuclear powers. Hostilities and tensions may occur in
assigned a “CRISIL AA-/Stable” rating by CRISIL for our ` 5,000.0 million non-convertible debentures norms, interest rates, liquidity, securitisation, investments, ethical issues, know-your-customer guidelines, the future and on a wider scale. Military activity or terrorist attacks in India, such as the recent attacks in
and our ` 1,000.0 million subordinated debt. ICRA has assigned “[ICRA] AA-/Stable” rating for our money laundering and privacy, with sometimes overlapping enforcement authorities. For instance, a Mumbai in November 2008, as well as other acts of violence or war could influence the Indian economy
` 2,000.0 million non-convertible debentures and our ` 1,000.0 million subordinated debt.We have been number of states in India have enacted laws to regulate money lending transactions. These state laws by creating a greater perception that investments in India involve higher degrees of risk. Events of this
assigned a long-term rating of “[ICRA] AA-/Stable” and a short-term rating of “[ICRA] A1+” by ICRA for establish maximum rates of interest that can be charged by a person lending money. The RBI, however, nature in the future, as well as social and civil unrest within other countries in Asia, could influence the
our ` 60,000 million line of credit. Ratings reflect a rating agency’s opinion of our financial strength, has not established a ceiling on the rate of interest that can be charged by a NBFC in our sector of Indian economy and could have a material adverse effect on the market for securities of Indian companies,
operating performance, strategic position, and ability to meet our obligations. While our recent credit operations. Currently, the RBI requires that the board of all NBFCs adopt an interest rate policy taking including the NCDs. A slow down in economic growth in India could cause our business to suffer.
ratings have been positive, any downgrade of our credit ratings would increase borrowing costs and into account relevant factors such as the cost of funds, margin and risk premium. The rate of interest and 49. A slow down in the economic growth in India could cause our business to suffer. We derive all of our
constrain our access to capital and lending markets and, as a result, would negatively affect our business. the approach for gradation of risk and the rationale for charging different rates of interest for different revenues from operations in India and consequently, our performance and growth is dependent on the
In addition, downgrades of our credit ratings could increase the possibility of additional terms and categories of borrowers are required to be disclosed to the borrowers in the application form and expressly state of the Indian economy. The Annual Policy Statement of the RBI released in April 2010 and
conditions being added to any new or replacement financing arrangements. communicated in the sanction letter. Additionally, we are required to make various filings with the RBI, amended in July 2010 placed real GDP growth for the fiscal year 2011 at approximately 7.9% as compared
25. We may be subject to regulations in respect of provisioning for non-performing assets that are lessstringent the RoC and other relevant authorities pursuant to the provisions of RBI regulations, Companies Act and to 7.4% in fiscal year 2010 following the downturn precipitated by the global financial crisis. Any slow
than in some other countries. RBI guidelines prescribe the provisioning required in respect of our outstanding other regulations. If we fail to comply with these requirements, or a regulator claims we have not complied, down in the Indian economy, and in particular in the financing requirements of our customers could
loan portfolio. These provisioning requirements may require us to reserve lower amounts than the in meeting these requirements, we may be subject to penalties and compounding proceedings. For adversely affect our business.
provisioning requirements applicable to financial institutions and banks in other countries. The provisioning instance, in the past, we had to approach the Company Law Board for condoning offences and had to pay 50. A downgrade of India’s sovereign debt rating may adversely affect our ability to raise additional debt
requirements may also require the exercise of subjective judgments of management. The level of our certain penalties. In addition, there may be changes in the regulatory system or in the enforcement of the financing. India’s sovereign debt rating could be downgraded due to various factors, including changes
provisions may not be adequate to cover further increases in the amount of our non-performing assets or laws and regulations which may require us to restructure our activities and incur additional expenses in in tax or fiscal policy, which are outside our control. Such downgrading could cause a change in interest
a decrease in the value of the underlying gold collateral. If such provisions are not sufficient to provide complying with such laws and regulations, which could materially and adversely affect our business. rates or other commercial terms and could adversely affect our ability to raise additional financing as well
adequate cover for loan losses that may occur, or if we are required to increase our provisions, this could Failure to comply with applicable Indian regulations, including unauthorised actions by employees, as our capital expenditure plans, business and financial performance. A decline in this reserve could
have an adverse effect on our financial condition, liquidity and results of operations and may require us representatives, agents and third parties, suspected or perceived failures and media reports, and ensuing impact the valuation of the Indian Rupee and could result in reduced liquidity and higher interest rates,
to raise additional capital. For further details, see “Our Business - Non-performing Assets (NPAs) - inquiries or investigations by regulatory and enforcement authorities, could result in regulatory action, which could adversely affect the availability of financing to us for our future projects.
Provisioning policy” on page 100 of the Prospectus, as also in the section “Regulations and Policies in including financial penalties and restrictions on or suspension of our business operations. 51. India is vulnerable to natural disasters that could severely disrupt the normal operation of our Business India,
India - Systemically Important ND-NBFCs - Prudential Norms - Provisioning Requirements” on page 229 35. Major lapses of control, system failures or calamities could adversely impact our business.We are vulnerable Bangladesh, Pakistan, Indonesia, Japan and other Asian countries have experienced natural calamities
of the Prospectus. to risks arising from the failure of employees to adhere to approved procedures, failures of security system, such as earthquakes, floods, droughts and a tsunami in recent years. Some of these countries have also
26. We may have to comply with stricter regulations and guidelines issued by regulatory authorities in India. information system disruptions, communication systems failure and data interception during transmission experienced pandemics, including the outbreak of avian flu. These economies could be affected by the
We are regulated principally by and have reporting obligations to the RBI. We are also subject to the through external communication channels and networks. Failure to detect these breaches in security may extent and severity of such natural disasters and pandemics which could, in turn affect the financial
corporate, taxation and other laws in effect in India. The regulatory and legal framework governing us adversely affect our operations. services sector of which our Company is a part. Prolonged spells of abnormal rainfall, draught and other
differs in certain material respects from that in effect in other countries and may continue to change as 36. Our ability to borrow from various banks may be restricted on account of guidelines issued by the RBI natural calamities could have an adverse impact on the economy, which could in turn adversely affect our
India’s economy and commercial and financial markets evolve. In recent years, existing rules and regulations imposing restrictions on banks in relation to their exposure to NBFCs. Under RBI Master Circular No. RBI/ business and the price of our NCDs.
have been modified, new rules and regulations have been enacted and reforms have been implemented 2010-11/68 DBOD No.Dir.BC.14/13.03.00/ 2010-11 issued on July 1, 2010, the exposure (both lending 52. A decline in India’s foreign exchange reserves may affect liquidity and interest rates in the Indian economy,
which are intended to provide tighter control and more transparency in India’s Gold Loan industry. and investment, including off balance sheet exposures) of a bank to a single NBFC should not exceed which could adversely impact our financial condition. According to the weekly statistical supplement released
Moreover, new regulations may be passed that restrict our ability to do business. For example, regulatory 10%, of the bank’s capital funds as per its last audited balance sheet. Banks may, however, assume by the RBI, India’s foreign exchange reserves totaled USD 314,507 million as of July 15, 2011 (Source:
restrictions on securitisation may be extended to bilateral assignment transactions, resulting in loss of exposures on a single NBFC up to 15%, of their capital funds provided the exposure in excess of 10% is RBI Website as on July 15, 2011). A decline in India’s foreign exchange reserves could impact the
arbitrage options. We cannot assure you that we will not be subject to any adverse regulatory action in on account of funds on-lent by the NBFC to the infrastructure sector. Further, banks may also consider valuation of the Rupee and could result in reduced liquidity and higher interest rates which could adversely
the future. Further, these regulations are subject to frequent amendments and depend upon government fixing internal limits for their aggregate exposure to all NBFCs put together. This limits the exposure that affect our future financial performance.
policy. Our present operations may not meet all regulatory requirements or subsequent regulatory banks may have on NBFCs such as us, which may restrict our ability to borrow from such banks and may 53. Companies operating in India are subject to a variety of central and state government taxes and surcharges.
amendments. The costs of compliance may be high, which may affect our profitability. If we are unable increase our cost of borrowing, which could adversely impact our growth, margins and business operations. Tax and other levies imposed by the central and state governments in India that affect our tax liability
to comply with any such regulatory requirements, our business and results of operations may be materially 37. We have entered into certain transactions with related parties. We have entered into transactions with include central and state taxes and other levies, income tax, value added tax, turnover tax, service tax,
and adversely affected. several related parties, including our Promoters, Directors and Group Entities. We can give no assurance stamp duty and other special taxes and surcharges which are introduced on a temporary or permanent
27. Our loan portfolio is not classified as priority sector advances by the RBI. The RBI currently mandates that we could not have achieved more favourable terms had such transactions not been entered into with basis from time to time. Moreover, the central and state tax scheme in India is extensive and subject to
domestic commercial banks operating in India to maintain an aggregate 40.0% (32.0% for foreign banks) related parties. Furthermore, it is likely that we will enter into related party transactions in the future. There change from time to time. For example, a new direct tax code has been introduced in the monsoon session
of their adjusted net bank credit or credit equivalent amount of off-balance sheet exposure, whichever is can be no assurance that such transactions, individually or in the aggregate, will not have an adverse of the Indian Parliament, and is expected to be effective from April 1, 2012. In addition, a new goods and
higher as “priority sector advances”. These include advances to agriculture, small enterprises, exports and effect on our financial condition and results of operations. The transactions we have entered into and any services tax regime is expected to be introduced in fiscal year 2012, and the scope of the service tax is
similar sectors where the Government seeks to encourage flow of credit for developmental reasons. Banks future transactions with our related parties have involved or could potentially involve conflicts of interest. proposed to be enlarged. The statutory corporate income tax in India, which includes a surcharge on the
in India that have traditionally been constrained or unable to meet these requirements organically, have 38. We have not entered into any definitive agreements to utilise a substantial portion of the net proceeds of the tax and an education cess on the tax and the surcharge, is currently 33.21%. The central or state government
relied on specialised institutions like our Company that are better positioned to or focus on originating Issue. We intend to use the Net Proceeds for the purposes described in the “Objects of the Issue” on page may in the future increase the corporate income tax it imposes. Any such future increases or amendments
such assets through on-lending or purchase of assets or securitised pools to comply with these targets. As 80 of the Prospectus. We currently intend to use the Net Proceeds from the Issue to fund our growth. Our may affect the overall tax efficiency of companies operating in India and may result in significant additional
per our audited financial statements, our outstanding amounts of sold portfolio under bilateral assignments management will have broad discretion to use the Net Proceeds and you will be relying on the judgment taxes becoming payable. Additional tax exposure could adversely affect our business and results of
were ` 8,130.2 million, ` 20,083.2 million and ` 41,863.9 million for the years ended March 31, 2009, of our management regarding the application of these Net Proceeds. Our funding requirements are based operations.
2010 and 2011, respectively. The entire portfolio sold under bilateral assignments were categorised as on current conditions and are subject to change in light of changes in external circumstances or in our RISKS RELATING TO THE ISSUE
a priority sector advance for the years ended March 31, 2009, 2010 and partly of ` 33,737.0 million for financial condition, business or strategy. Our management, in response to the competitive and dynamic 54. We cannot guarantee the accuracy or completeness of facts and other statistics with respect to India, the Indian
the year ended March 31, 2011. A recent notification issued by the RBI in February of this year, has nature of the industry, will have the discretion to revise its business plan from time to time. Any such economy and the NBFC and Gold Loan industries contained in the prospectus. While facts and other
stipulated that loans sanctioned to NBFCs for on lending to individuals or other entities against gold change in our plans may require rescheduling of our current plans or discontinuing existing plans and an statistics in the prospectus relating to India, the Indian economy as well as the Gold Loan industry has
jewellery would not be eligible for classification as agriculture sector advances in the context of priority increase or decrease in the fund requirements for the objects, at the discretion of the management. been based on various publications and reports from agencies that we believe are reliable, we cannot
guarantee the quality or reliability of such materials, particularly since there is limited publicly available
sector lending guidelines issued by RBI. Accordingly, our ability to raise capital by selling down our gold Pending utilisation for the purposes described above, we intend to temporarily invest the funds in interest information specific to the Gold Loan industry. While we have taken reasonable care in the reproduction
loan portfolio under bilateral assignments will be hampered in the future and impact our ability to raise bearing liquid instruments including deposits with banks and investments in liquid (not equity) mutual of such information, industry facts and other statistics have not been prepared or independently verified
funds through loans from banks, which may adversely affect our financial condition and results of operations. funds. Such investments would be in accordance with the investment policies approved by our Board from by us or any of our respective affiliates or advisers and, therefore we make no representation as to their
28. Our ability to assess, monitor and manage risks inherent in our business differs from the standardsof some time to time. accuracy or completeness. These facts and other statistics include the facts and statistics included in the
of our counterparts in India and in some developed countries. We are exposed to a variety of risks, including 39. We continue to be controlled by our Promoters and they will continue to have the ability to exercise section titled “About the Issuer and Industry Overview” on page 85 of the Prospectus. Due to possibly
liquidity risk, interest rate risk, credit risk, operational risk and legal risk. The effectiveness of our risk significant control over us. Our Promoters along with relatives hold, 80.12% of our outstanding Equity flawed or ineffective data collection methods or discrepancies between published information and market
management is limited by the quality and timeliness of available data. Our hedging strategies and other Shares as on June 30, 2011. As a result, our Promoters will continue to exercise significant control over practice and other problems, the statistics herein may be inaccurate or may not be comparable to statistics
risk management techniques may not be fully effective in mitigating our risks in all market environments us, including being able to control the composition of our Board and determine matters requiring produced elsewhere and should not be unduly relied upon. Further, there is no assurance that they are
or against all types of risk, including risks that are unidentified or unanticipated. Some methods of shareholder approval or approval of our Board. Our Promoters may take or block actions with respect to stated or compiled on the same basis or with the same degree of accuracy, as the case may be, elsewhere.
managing risks are based upon observed historical market behaviour. As a result, these methods may not our business, which may conflict with our interests or the interests of our minority shareholders. By 55. There are other lenders and debenture trustees who have pari passu charge over the Security providedThere
predict future risk exposures, which could be greater than the historical measures indicated. Other risk exercising their control, our Promoters could delay, defer or cause a change of our control or a change in are other lenders and debenture trustees of the Company who have pari passu charge over the Security
management methods depend upon an evaluation of information regarding markets, customers or other our capital structure, delay, defer or cause a merger, consolidation, takeover or other business combination provided for the Issue. While the Company is required to maintain an asset cover of 1 time the outstanding
matters. This information may not in all cases be accurate, complete, up-to-date or properly evaluated. involving us, discourage or encourage a potential acquirer from making a tender offer or otherwise amount of the NCDs, upon the Company’s bankruptcy, winding-up or liquidation, the other lenders and
Management of operational, legal or regulatory risk requires, among other things, policies and procedures attempting to obtain control of us. debenture trustees will rank pari passu with the NCD holders and to that extent, may reduce the amounts
to properly record and verify a number of transactions and events. Although we have established these 40. Our business strategy may change in the future and may be different from that which is contained herein. recoverable by the NCD holders. As per Regulation 17(2) read with Schedule I of the SEBI Debt Regulations,
policies and procedures, they may not be fully effective. Our future success will depend, in part, on our Our current business strategy is to expand our branch network and increase our Gold Loan portfolio. We the Company is required to obtain permissions / consents from the prior creditors in favour of the debenture
ability to respond to new technological advances and emerging financing institution and Gold Loan cannot assure you that we will continue to follow these business strategies. In the future, we may decide trustee for creation of such pari passu charge and the same is required to be disclosed. Accodingly, the
industry standards and practices on a cost-effective and timely basis. The development and implementation to diversify into other businesses. We may also explore opportunities for expansion into new geographic Company has applied for and obtained consent from all other lenders and debenture trustees for creation
of such technology entails significant technical and business risks. There can be no assurance that we will markets outside India. We have stated our objectives for raising funds through the Issue and have set forth of a first pari passu charge over the Security.
successfully implement new technologies or adapt our transaction-processing systems to customer our strategy for our future business herein. However, depending on prevailing market conditions and other 56. Changes in interest rate may affect the price of our NCD : All securities where a fixed rate of interest is
requirements or emerging market standards. commercial considerations, our business model in the future may change from what is described herein. offered, such as our NCDs, are subject to price risk. The price of such securities will vary inversely with
29. Any failure by us to identify, manage, complete and integrate acquisitions, divestitures and other significant 41. Our Promoters, Directors and related entities have interests in a number of entities, which are in businesses changes in prevailing interest rates, i.e. when interest rates rise, prices of fixed income securities fall and
transactions successfully could adversely affect our results of operations, business and prospects.As part of our similar to ours and this may result in potential conflicts of interest with us. Certain decisions concerning our when interest rates drop, the prices increase. The extent of fall or rise in the prices is a function of the
business strategy, we may acquire complementary companies or businesses, divest non-core businesses operations or financial structure may present conflicts of interest among our Promoters, other shareholders, existing coupon, days to maturity and the increase or decrease in the level of prevailing interest rates.
or assets, enter into strategic alliances and joint ventures and make investments to further expand our Directors, executive officers and the holders of the NCDs. Our Promoters, Directors and related entities Increased rates of interest, which frequently accompany inflation and/or a growing economy, are likely to
have a negative effect on the price of our NCDs.
business. In order to pursue this strategy successfully, we must identify suitable candidates for and have interests in the following entities that are engaged in businesses similar to ours: Companies: 1. 57. You may not be able to recover, on a timely basis or at all, the full value of the outstanding amounts and/
successfully complete such transactions, some of which may be large and complex, and manage the Muthoot Vehicle & Asset Finance Limited, 2. Geo Bros Muthoot Funds (India) Limited, 3. Emgee Muthoot or the interest accrued thereon in connection with the NCDs. Our ability to pay interest accrued on the NCDs
integration of acquired companies or employees. We may not fully realise all of the anticipated benefits Benefit Fund (India) Limited, 4. Muthoot M George Permanent Fund Limited, 5. Muthoot Gold Funds and/or the principal amount outstanding from time to time in connection therewith would be subject to
of any such transaction within the anticipated timeframe or at all. Any increased or unexpected costs, Limited, 6. Muthoot Synergy Fund Limited, 7. Muthoot M George Chits (India) Limited, 8. Muthoot various factors inter-alia including our financial condition, profitability and the general economic conditions
unanticipated delays or failure to achieve contractual obligations could make such transactions less Finance UK Limited, Partnership firms: 1. Muthoot General Finance, 2. Muthoot Insurance Advisory Services, in India and in the global financial markets. We cannot assure you that we would be able to repay the
profitable or unprofitable. Managing business combination and investment transactions requires varying 3. Emgee Insurance Services, 4. Geo Financial Services, 5. Muthoot Bankers (Kottayam), 6. Muthoot principal amount outstanding from time to time on the NCDs and/or the interest accrued thereon in a
levels of management resources, which may divert our attention from other business operations, may Bankers (Quilon), 7. Muthoot Bankers (Edapally), 8. Muthoot Investments, 9. Muthoot Bankers (Alleppey), timely manner or at all. Although our Company will create appropriate security in favour of the Debenture
result in significant costs and expenses and charges to earnings. The challenges involved in integration 10. Muthoot M George Chitty Fund, 11. Muthoot M George Bankers (Trivandrum), 12. Muthoot M George Trustee for the NCD holders on the assets adequate to ensure 100% asset cover for the NCDs, which shall
include: • combining product offerings and entering into new markets in which we are not experienced; Chits (Bangalore), 13. Muthoot Bankers (Pathanapuram), 14. Muthoot Financiers (Pathanapuram), 15. be free from any encumbrances, the realisable value of the assets charged as security, when liquidated,
• consolidating and maintaining relationships with customers; • consolidating and rationalising transaction Muthoot M George Financiers (Faridabad), 16. Muthoot Bankers (Faridabad), 17. Muthoot Bankers may be lower than the outstanding principal and/or interest accrued thereon in connection with the NCDs.
processes and corporate and IT infrastructure; • integrating employees and managing employee issues; (Pathanamthitta), 18. Muthoot Bankers (Cochin), 19. Muthoot Bankers (Bangalore) Commercial transactions A failure or delay to recover the expected value from a sale or disposition of the assets charged as security
• coordinating and combining administrative and other operations and relationships with third parties in in the future between us and related parties could result in conflicting interests. A conflict of interest may in connection with the NCDs could expose you to a potential loss.
accordance with applicable laws and other obligations while maintaining adequate standards, controls occur between our business and the business of our Promoter group companies which could have an 58. If we do not generate adequate profits, we may not be able to maintain an adequate DRR for the NCDsissued
and procedures; • achieving savings from infrastructure integration; and • managing other business, adverse affect on our operations. Conflicts of interest may also arise out of common business objectives pursuant to the prospectus. Section 117C of the Act states that any company that intends to issue debentures
infrastructure and operational integration issues. • Any such acquisition may also result in earnings shared by us, our Promoters, directors and their related entities. Our Promoters, directors and their related must create a DRR to which adequate amounts shall be credited out of the profits of the company until
dilution, the amortisation of goodwill and other intangible assets or other charges to operations, any of entities may compete with us and have no obligation to direct any opportunities to us. There can be no the debentures are redeemed. The Ministry of Corporate Affairs has, through its circular dated April 18,
which could have a material adverse effect on our business, financial condition or results of operations. assurance that these or other conflicts of interest will be resolved in an impartial manner. 2002, (“Circular”), specified that the quantum of DRR to be created before the redemption liability actually
These acquisitions may give rise to unforeseen contingent risks or latent liabilities relating to these 42. We are significantly dependent on our management team and our ability to attract and retain talent.We are arises in normal circumstances should be ‘adequate’ to pay the value of the debentures plus accrued
businesses that may only become apparent after the merger or the acquisition is finalised. Such acquisitions significantly dependent upon a core management team who oversee the day-to-day operations, strategy interest, (if not already paid), till the debentures are redeemed and cancelled. The Circular however
could involve numerous additional risks, including, without limitation, difficulties in the assimilation of and growth of our businesses. Many of the key management personnel have been with us since our further specifies that, for NBFCs like our Company, (NBFCs which are registered with the RBI under
the operations, products, services and personnel of any acquired company and could disrupt our ongoing inception and have been integral to our development. Our success is largely dependent on the management Section 45-IA of the RBI Act), the adequacy of the DRR will be 50% of the value of debentures issued
business, distract our management and employees and increase our expenses. In addition, in order to team who ensure the implementation of our strategy. If one or more members of our core management through the public issue. Accordingly our Company is required to create a DRR of 50% of the value of
finance an acquisition, we may be required to make additional borrowings or may issue additional Equity team were unable or unwilling to continue in their present positions, such persons may be difficult to debentures issued through the public issue. As further clarified by the Circular, the amount to be credited
as DRR will be carved out of the profits of the company only and there is no obligation on the part of the
Shares, potentially leading to dilution of existing shareholders. replace, and our business could be adversely affected. company to create DRR if there is no profit for the particular year. Accordingly, if we are unable to generate
30. In order to be successful, we must attract, retain and motivate key employees, and failure to do so could 43. Our employees may be the target of theft, burglary and other crimes which may adversely affect our business, adequate profits, the DRR created by us may not be adequate to meet the 50% of the value of the NCDs.
adversely affect our business. In order to be successful, we must attract, train, motivate and retain highly operations, and ability to recruit and retain employees. We handle large amount of cash and gold jewellery This may have a bearing on the timely redemption of the NCDs by our Company.
skilled employees, especially branch managers and gold assessment technical personnel. If we cannot items in our daily operation and are exposed to risks of theft, burglary and other crimes. Our employees
MUTHOOT FINANCE LIMITED 7
 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
59. There may be no active market for the NCDs on the retail debt market/capital market segment of the stock NCDs and such instruments carry a very low credit risk. The rating of NCDs by ICRA indicates high degree financial institution. The management will have significant flexibility in applying the proceeds received
exchanges. As a result the liquidity and market prices of the NCDs may fail to develop and may accordingly be of safety regarding timely servicing of financial obligations and such instruments carry very low credit risk. by us from the Issue. Further, as per the provisions of the Debt Regulations, we are not required to appoint
adversely affected. There can be no assurance that an active market for the NCDs will develop. If an active The ratings provided by CRISIL and/or ICRA may be suspended, withdrawn or revised at any time by the a monitoring agency and therefore no monitoring agency has been appointed for this Issue.
market for the NCDs fails to develop or be sustained, the liquidity and market prices of the NCDs may be assigning rating agency and should be evaluated independently of any other rating. These ratings are not Prominent Notes: • This is a public issue of NCDs aggregating upto ` 5,000 million with an option to retain
adversely affected. The market price of the NCDs would depend on various factors inter alia including (i) a recommendation to buy, sell or hold securities and investors should take their own decisions. Please over-subscription upto ` 5,000 million for issuance of additional NCDs aggregating to a total of upto `
the interest rate on similar securities available in the market and the general interest rate scenario in the refer to page 275 to 282 of the Prospectus for rating letter and rationale for the above rating. 10,000 million. • For details on the interest of our Company’s Directors, please refer to the sections titled
country, (ii) the market price of our Equity Shares, (iii) the market for listed debt securities, (iv) general 62. Securities on our NCDs rank as first pari passu with our Company’s secured indebtedness. Substantial y “Our Management” and “Capital Structure” beginning on pages 109 and 49 of the Prospectus, respectively.
economic conditions, and, (v) our financial performance, growth prospects and results of operations. The all of our Company’s current assets represented mainly by Gold Loan receivables are being used to secure • Our Company has entered into certain related party transactions, within the meaning of AS 18 as notified
aforementioned factors may adversely affect the liquidity and market price of the NCDs, which may trade our Company’s debt. As at March 31, 2011 our Company’s secured debt was ` 102,111.6 million. Securities by the Companies (Accounting Standards) Rules, 2006, as disclosed in the section titled “Financial
at a discount to the price at which you purchase the NCDs and/or be relatively illiquid. on our NCDs will rank pari passu with any of our Company’s secured obligations with respect to the assets Information” beginning on page 127 of the Prospectus. • Any clarification or information relating to the
60. There may be a delay in making refund to applicants. We cannot assure you that the monies refundable that secure such obligations. The terms of the NCDs do not prevent our Company from incurring additional Issue shall be made available by the Lead Managers and our Company to the investors at large and no
to you, on account of (i) withdrawal of your applications, (ii) our failure to receive minimum subscription debt. In addition, the NCDs will rank pari passu to the existing and future indebtedness and other secured selective or additional information would be available for a section of investors in any manner whatsoever.
in connection with the Base Issue, (ii) withdrawal of the Issue, or (iii) failure to obtain the final approval liabilities and obligations of our Company. • Investors may contact the Registrar to the Issue, Compliance Officer, and the Lead Managers and the
from the NSE and BSE for listing of the NCDs, will be refunded to you in a timely manner. We however, RISKS RELATING TO THE NCDs Co-Lead Managers, for any complaints pertaining to the Issue. In case of any specific queries on allotment/
shall refund such monies, with the interest due and payable thereon as prescribed under applicable 63. The fund requirement and deployment mentioned in the Objects of the Issue have not been appraised by refund, Investor may contact the Registrar to the Issue. • In the event of oversubscription to the Issue,
statutory and/or regulatory provisions. any bank or financial institution. We intend to use the proceeds of the Issue, after meeting the expenditures allocation of NCDs will be as per the “Basis of Allotment” set out on page 208 of the Prospectus. • Our
61. Any downgrading in credit rating of our NCDs may affect the value of NCDs and thus our ability to raise of and related to the Issue, for our various financing activities including lending and investments, subject Equity Shares are listed on the NSE and BSE. • As of March 31, 2011, we had certain contingent liabilities
further debts. The NCDs proposed to be issued under this Issue have been rated ‘CRISIL AA-/Stable’ by to applicable statutory and/or regulatory requirements, to repay our existing loans and our business not provided for, amounting to ` 3,631.28 million. For further information on such contingent liabilities,
CRISIL for an amount of upto ` 10,000 million vide its letter dated July 25, 2011, and ‘[ICRA] AA-(stable)’ operations including for our capital expenditure and working capital requirements. For further details, see see “Financial Information” on page 127 of the Prospectus. • For further information relating to certain
by ICRA for an amount of upto ` 10,000 million vide its letter dated July 25, 2011. The rating of the NCDs section titled “Objects of the Issue” beginning on page 80 of the Prospectus. The fund requirement and significant legal proceedings that we are involved in, see “Pending Proceedings and Statutory Defaults”
by CRISIL indicates a high degree of safety with regard to timely servicing of financial obligations on the deployment is based on internal management estimates and has not been appraised by any bank or beginning on page 211 of the Prospectus.
GENERAL INFORMATION REFORMATTED SUMMARY STATEMENT OF ASSETS AND LIABILITIES IT IN ANY MANNER WARRANT, CERTIFY OR ENDORSE THE CORRECTNESS OR COMPLETENESS OF
Our Company was originally incorporated as a private limited company on March 14, 1997 under the provisions ` In Millions ANY OF THE CONTENTS OF THIS OFFER DOCUMENT; NOR DOES IT WARRANT THAT THIS ISSUER’S
of the Companies Act, 1956, with the name “The Muthoot Finance Private Limited”. Subsequently, by a fresh Particulars As at As at As at As at As at SECURITIES WILL BE LISTED OR WILL CONTINUE TO BE LISTED ON THE EXCHANGE; NOR DOES IT
certificate of incorporation dated May 16, 2007, our name was changed to “Muthoot Finance Private Limited”. March March March March March TAKE ANY RESPONSIBILITY FOR THE FINANCIAL OR OTHER SOUNDNESS OF THIS ISSUER, ITS
Our Company was converted into a public limited company on November 18, 2008 with the name “Muthoot 31, 2011 31, 2010 31, 2009 31, 2008 31, 2007 PROMOTERS, ITS MANAGEMENT OR ANY SCHEME OF PROJECT OF THIS ISSUER.
Finance Limited” and received a fresh certificate of incorporation consequent to change in status on I Fixed Assets EVERY PERSON WHO DESIRES TO APPLY FOR OR OTHERWISE ACQUIRE ANY SECURITIES OF THIS
December 02, 2008 from the Registrar of Companies, Kerala and Lakshadweep. Gross Block 2,463.34 1,691.09 1,482.66 1,215.25 646.37
Registered Office - Muthoot Finance Limited, Muthoot Chambers, Opposite Saritha Theatre Complex, 2nd ISSUER MAY DO SO PURSUANT TO INDEPENDENT INQUIRY, INVESTIGATION AND ANALYSIS AND
Less : Accumulated Depreciation / 627.77 449.04 320.76 222.74 149.48 SHALL NOT HAVE ANY CLAIM AGAINST THE EXCHANGE WHATSOEVER BY REASON OF ANY LOSS
Floor, Banerji Road, Kochi 682 018, Kerala, India • Tel: (91 484) 239 4712 • Fax: (91 484) 239 6506 • Website: Amortiz ati on
www.muthootfinance.com • Email: [email protected] • For details of change in registered office, Net Block 1,835.57 1,242.05 1,161.90 992.51 496.89
WHICH MAY BE SUFFERED BY SUCH PERSON CONSEQUENT TO OR IN CONNECTION WITH SUCH
refer to the section titled “History and Main Objects” on page 107 of the Prospectus. • Registration - Registration SUBSCRIPTION/ ACQUISITION WHETHER BY REASON OF ANYTHING STATED OR OMITTED TO BE
Number: 011300 • Corporate Identity Number: U65910KL1997PLC011300 issued by the Registrar of Capital Work in Progress 505.27 290.65 131.19 93.64 135.40
2,340.84 1,532.71 1,293.10 1,086.15 632.29 STATED HEREIN OR ANY OTHER REASON WHATSOEVER.”
Companies, Kerala and Lakshadweep. Certificate of registration bearing number N. 16.00167 under Section Disclaimer Clause of the BSE : BOMBAY STOCK EXCHANGE LIMITED (“THE EXCHANGE”) HAS GIVEN VIDE
45IA of the RBI Act, 1934 from the RBI dated December 12, 2008 from the RBI to carry on the business of II Investments 75.05 75.05 85.31 183.43 242.15
a non-banking financial institution without accepting public deposits III Deferred Tax Assets, (Net) (24.73) (24.84) (37.87) (41.73) (47.31) ITS LETTER DATED AUGUST 05, 2011, PERMISSION TOTHIS COMPANY TO USE THE EXCHANGE’S NAME
Impersonation : As a matter of abundant precaution, attention of the investors is specifically drawn to the IV Current Assets, Loans and Advances IN THIS OFFER DOCUMENT AS ONE OF THE STOCK EXCHANGES ON WHICH THIS COMPANY’S SECURITIES
provisions of sub-section (1) of section 68A of the Act, relating to punishment for fictitious applications. Sundry Debtors 53.94 33.45 40.95 34.92 21.66 ARE PROPOSED TO BE LISTED. THE EXCHANGE HAS SCRUTINISED THIS OFFER DOCUMENT FOR ITS
Minimum Subscription : Please refer General Instructions 6. Cash and Bank Balances 13,754.95 5,759.92 8,825.32 2,580.38 563.21 LIMITED INTERNAL PURPOSE OF DECIDING ON THE MATTER OF GRANTING THE AFORESAID
Credit Rating and Rationale : The NCDs proposed to be issued under this Issue have been rated ‘CRISIL AA- Other Current Assets 5,919.68 2,408.14 1,658.09 967.91 787.06 PERMISSION TO THIS COMPANY. THE EXCHANGE DOES NOT IN ANY MANNER:- a. WARRANT, CERTIFY
/Stable’ by CRISIL for an amount of upto ` 10,000 million vide its letter dated July 25, 2011, and ‘[ICRA] Loans and Advances 117,517.75 54,616.99 25,735.53 18,046.59 13,893.02 OR ENDORSE THE CORRECTNESS OR COMPLETENESS OF ANY OF THE CONTENTS OF THIS OFFER
AA-(stable)’ by ICRA for an amount of upto ` 10,000 million vide its letter dated July 25, 2011. The rating DOCUMENT; OR b. WARRANT THAT THIS COMPANY’S SECURITIES WILL BE LISTED OR WILL CONTINUE
of the NCDs by CRISIL indicates a high degree of safety with regard to timely servicing of financial obligations 137,246.32 62,818.49 36,259.89 21,629.80 15,264.95
on the NCDs and such instruments carry a very low credit risk. The rating of NCDs by ICRA indicates high A= (I+II+III+IV) 139,637.48 64,401.41 37,600.43 22,857.65 16,092.08 TO BE LISTED ON THE EXCHANGE; OR c. TAKE ANY RESPONSIBILITY FOR THE FINANCIAL OR OTHER
degree of safety regarding timely servicing of financial obligations and such instruments carry very low credit V Liabilities and Provisions SOUNDNESS OF THIS COMPANY, ITS PROMOTERS, ITS MANAGEMENT OR ANY SCHEME OR PROJECT
risk. The ratings provided by CRISIL and/or ICRA may be suspended, withdrawn or revised at any time by the Secured Loans 102,111.55 45,471.22 30,087.45 18,400.19 13,117.52 OF THIS COMPANY; AND IT SHOULD NOT FOR ANY REASON BE DEEMED OR CONSTRUED THAT THIS
assigning rating agency and should be evaluated independently of any other rating. These ratings are not Unsecured Loans 17,274.31 7,334.03 1,568.48 752.87 709.00 OFFER DOCUMENT HAS BEEN CLEARED OR APPROVED BY THE EXCHANGE. EVERY PERSON WHO
a recommendation to buy, sell or hold securities and investors should take their own decisions. Please refer Current Liabilities 3,878.71 4,524.35 1,805.57 1,224.88 459.10 DESIRES TOAPPLY FOR OR OTHERWISE ACQUIRES ANY SECURITIES OF THIS COMPANY MAY DO SO
to page 275 to 282 of the Prospectus for rating letter and rationale for the above rating. Provisions 3,031.00 1,229.90 524.46 348.65 214.43 PURSUANT TO INDEPENDENT INQUIRY, INVESTIGATION AND ANALYSIS AND SHALL NOT HAVE ANY
Utilisation of Issue proceeds : Please refer General Instructions 65. B=(V) 126,295.56 58,559.50 33,985.96 20,726.59 14,500.06 CLAIM AGAINST THE EXCHANGE WHATSOEVER BY REASON OF ANY LOSS WHICH MAYBE SUFFERED
Issue Programme : The subscription list for the Issue shall remain open for subscription at the commencement
of banking hours and shall close at the close of banking hours on the dates indicated below or earlier or on NET WORTH A-B 13,341.92 5,841.92 3,614.47 2,131.07 1,592.03 BY SUCH PERSON CONSEQUENT TO OR IN CONNECTION WITH SUCH SUBSCRIPTION/ACQUISITION
such date, as may be decided at the discretion of the Board of Directors or any committee of the Board of Net Worth Represented by WHETHER BY REASON OF ANYTHING STATED OR OMITTED TO BE STATED HEREIN OR FOR ANY
Directors of our Company subject to necessary approvals Share Capital OTHER REASON WHATSOEVER.
ISSUE OPENS ON AUGUST 23, 2011 - Equity Shares 3,202.13 3,010.00 490.00 50.00 50.00 Disclaimer Clause of the RBI : THE COMPANY IS HAVING A VALID CERTIFICATE OF REGISTRATION
Reserves and Surplus DATED DECEMBER 12, 2008 ISSUED BY THE RESERVE BANK OF INDIA UNDER SECTION 45 IA OF THE
CLOSING DATE SEPTEMBER05, 2011 - Securities Premium 2,364.77 - 755.00 275.00 275.00 RESERVE BANK OF INDIAACT, 1934. HOWEVER, THE RBI DOES NOT ACCEPT ANY RESPONSIBILITY
The subscription list for the Issue shall remain open for subscription at the commencement of banking hours and - Statutory Reserve 1,982.02 993.67 538.52 343.08 215.89 OR GUARANTEE ABOUT THE PRESENT POSITION AS TOTHE FINANCIAL SOUNDNESS OF THE COMPANY
close at the close of banking hours on the dates indicated above or earlier or on such date as may be decided - Surplus/ (Deficit) in Profit and 5,795.20 1,841.79 1,918.75 1,555.50 1,052.04 OR FOR THE CORRECTNESS OF ANY OF THE STATEMENTS OR REPRESENTATIONS MADE OR OPINIONS
at the discretion of the Committee of Directors of our Company subject to necessary approvals. In the event of Loss Account EXPRESSED BY THE COMPANY AND FOR REPAYMENT OF DEPOSITS/ DISCHARGE OF LIABILITY BY THE
such early closure of subscription list of the Issue, our Company shall ensure that notice of such early closure is Miscellaneous Expenditure (to the (2.21) (3.54) (87.80) (92.51) (0.90)
given on the day of such early date of closure through advertisement/s in a leading national daily newspaper. COMPANY.
extent not written off)
CAPITAL STRUCTURE Listing : The NCDs proposed to be offered in pursuance of the prospectus will be listed on the BSE and
NET WORTH 13,341.92 5,841.92 3,614.47 2,131.07 1,592.03
Details of share capital : The share capital of our Company as at date of the prospectus is set forth below: the NSE. We have received the in-principle approvals dated August 08, 2011 and August 05, 2011 from
Amount in ` ANNEXURE-II: REFORMATTED SUMMARY STATEMENT OF PROFITS AND LOSSES the NSE and BSE, respectively.
A Authorised share capital ` In Millions If permissions to deal in and for an official quotation of our NCDs are not granted by the BSE and the
450, 000, 000 Equity Shares 4, 500, 000, 000 Particulars As at As at As at As at As at NSE, our Company will forthwith repay, without interest, all moneys received from the applicants in
March March March March March pursuance of the Prospectus.
5, 000, 000 Redeemable Preference Shares of ` 1, 000.00 each 5, 000, 000, 000 31, 2011 31, 2010 31, 2009 31, 2008 31, 2007 Consents : For details please refer to the Prospectus.
TOTAL 9, 500, 000, 000 IN COM E Expert Opinion : For details please refer to the Prospectus.
B Issued, subscribed and paid-up share capital Interest Income 22,983.44 10,774.52 6,062.39 3,579.37 2,235.85 Common form of Transfer : For details please refer to the Prospectus.
Other Income 175.24 119.28 141.63 107.01 103.80 Minimum Subscription : For details please refer to the Prospectus.
371, 712, 768 Equity Shares 3, 717, 127,680 Total Income 23,158.68 10,893.80 6,204.02 3,686.38 2,339.65 Filing of the Draft Prospectus and Prospectus : The Draft Prospectus has been filed and the Prospectus will be
Share holding pattern of our Company as on June 30, 2011 : For further details please refer to the Prospectus. EXPEND ITUR E filed with NSE and BSE in terms of Regulation 7 of the Debt Regulations for dissemination on their website(s).
OBJECTS OF THE ISSUE Interest Expense 10,326.44 4,737.28 3,097.70 1,797.99 998.95 For further details please refer to the Prospectus.
Issue proceeds : Our Company has filed the prospectus with the RoC for a public issue of NCDs aggregating Personnel Expenses 2,209.49 1,169.44 677.01 405.35 266.31 Debenture Redemption Reserve : For details please refer to the Prospectus.
upto ` 5,000 million with an option to retain over-subscription upto ` 5,000 million for issuance of additional Administrative & Other Expenses 2,638.99 1,190.43 727.93 390.21 284.96
Issue Related Expenses : For details please refer to the Prospectus.
NCDs aggregating to a total of upto ` 10,000 million. The funds raised through this Issue will be utilised for Underwriting : This Issue has not been underwritten.
Salary to Whole Time Directors 192.00 192.23 120.90 48 .9 0 48 .9 0 Details regarding the Company and other listed companies under the same management within the meaning of
our various financing activities including lending and investments, to repay our existing liabilities or loans Depreci ation 179.64 148.90 98 .7 8 74 .1 4 70 .9 7 section 370(1B) , which made any capital issue during the last three years : On May 03, 2011, our Company issued
and towards our business operations including for our capital expenditure and working capital requirements, Total Expenditure 15,546.57 7,438.27 4,722.32 2,716.59 1,670.09 and allotted 51,500,000 equity shares at a price of ` 175 per such Equity Share, amounting to an aggregate
after meeting the expenditures of and related to the Issue and subject to applicable statutory/regulatory
requirements. The main objects clause of the Memorandum of Association of our Company permits our Profit/(Loss) before Tax and 7,612.11 3,455.53 1,481.70 969.78 669.57 of ` 9,012,500,000, pursuant to an initial public offer under the SEBI (Issue of Capital and Disclosure
Company to undertake its existing activities as well as the activities for which the funds are being raised Prior Period Items Requirements) Regulations, 2009 which opened on April 18, 2011 and closed on April 21, 2011. The electronic
through this Issue. Prior Period Items [ Expenses / (Income)] - - - - - credit of the equity shares to investors pursuant to the initial public offer was completed on May 04, 2011. There
Monitoring of utilisation of funds : There is no requirement for appointment of a monitoring agency in terms Net Profit/(Loss) before Tax 7,612.11 3,455.53 1,481.70 969.78 669.57 are no listed companies under the same management within the meaning of Section 370(1) (B) of the
of the SEBI Debt Regulations. The Board of Directors of our Company shall monitor the utilisation of the Provision for tax Companies Act, 1956.
proceeds of the Issue. Our Company will disclose in the Company’s financial statements for the relevant Current Tax 2,670.45 1,192.81 507.94 336.07 207.68 Commissions and Brokerage on previous issue : ` 151.25 million was incurred towards lead management fees,
financial year commencing from FY 2012, the utilisation of the proceeds of the Issue under a separate head Deferred Tax Charge/(Credit) (0.11) (13.03) (3.86) (5.58) 17 .7 0 underwriting and selling commission in connection with the public issue of 51,500,000 equity shares at a price
along with details, if any, in relation to all such proceeds of the Issue that have not been utilised thereby also of ` 175 per such Equity Share, pursuant to an initial public offer under the SEBI (Issue of Capital and
Fringe Benefit Tax - - 0 .4 2 3 .3 2 4 .4 0 Disclosure Requirements) Regulations, 2009.
indicating investments, if any, of such unutilised proceeds of the Issue. Total Tax Expense/(Credit) 2,670.34 1,179.78 504.50 333.82 229.78 Public / Rights Issues : On May 03, 2011, our Company issued and allotted 51,500,000 equity shares at a price
Interim use of proceeds : The management of the Company, in accordance with the policies formulated by it Net Profit/(Loss) for the period/year 4,941.76 2,275.75 977.20 635.97 439.79 of ` 175 per such Equity Share, pursuant to an initial public offer under the SEBI (Issue of Capital and
from time to time, will have flexibility in deploying the proceeds received from the Issue. Pending utilisation as per audited financials
of the proceeds out of the Issue for the purposes described above, the Company intends to temporarily invest Disclosure Requirements) Regulations, 2009.
Adjustments to the Reformatted - 9 .4 1 (4.46) (5.32) (1.23) Previous Issue : For details please refer to the Prospectus.
funds in high quality interest bearing liquid instruments including money market mutual funds, deposits with Financial Statements Stock Market Data : For details please refer to the Prospectus.
banks or temporarily deploy the funds in investment grade interest bearing securities as may be approved by
the Board / Committee of Directors of the Company, as the case may be. Such investment would be in Less: Deferred Tax Impact on - - - - - Debenturesor bondsandredeemable preferenceshares and otherinstrumentsissued byourCompanyandoutstanding
accordance with the investment policy of our Company approved by the Board or any committee thereof from Adjustments considered above : The certain debentures issued by our Company which are listed on the WDM segment of the NSE and bear
time to time. Adjustment of excess provision of - - 5 .9 5 - - ISIN numbers INE414G07027; INE414G07019; INE414G07035 and INE414G08181. No trade data is available
Other confirmations : In accordance with the SEBI Debt Regulations, our Company will not utilise the income tax, for earlier years written back since no trades have taken placed in these debentures in NSE, since they were listed, on May 19, 2011.
proceeds of the Issue for providing loans to or acquisition of shares of any person who is a part of the same Net Adjustments (Refer note C of Annexure IV) - 9.41 1.49 (5.32) (1.23) Dividend : Our Company has no stated dividend policy. The declaration and payment of dividends on our shares
group as our Company or who is under the same management as our Company or any subsidiary of our Net Profit/(Loss) as Reformatted 4,941.76 2,285.16 978.69 630.65 438.56 will be recommended by our Board of Directors and approved by our shareholders, at their discretion, and will
Company. The Issue proceeds shall not be utilised towards full or part consideration for the purchase or any Less: Transfer to Statutory Reserve 988.35 455.15 195.44 127.19 87 .9 6 depend on a number of factors, including but not limited to our profits, capital requirements and overall
other acquisition, inter alia by way of a lease, of any property. No part of the proceeds from this Issue will be financial condition.
Surplus/ (Deficit) brought forward The Company has not declared any dividend on its Equity Shares in the last five financial years.
paid by us as consideration to our Promoter, our Directors, Key Managerial Personnel, or companies promoted from previous period/year, Revaluation of assets : The Company has not revalued its assets in the last five years.
by our Promoter except in the usual course of business. Further the Company undertakes that Issue proceeds as reformatted 1,841.79 1,918.75 1,555.50 1,052.04 705.80 Mechanism for redressal of investor grievances : The MoU between the Registrar to the Issue and our Company
from NCDs allotted to banks shall not be used for any purpose, which may be in contravention of the RBI Impact of reformatting of prior period (4.36)
guidelines on bank financing to NBFCs. will provide for retention of records with the Registrar to the Issue for a period of at least three years from the
expenses relating to periods last date of despatch of the Allotment Advice, demat credit and refund orders to enable the investors to
STATEMENT OF TAX BENEFITS : For details please refer to the Prospectus. prior to 01.04.2006 approach the Registrar to the Issue for redressal of their grievances. All grievances relating to the Issue may
INDUSTRY : For details please refer to the Prospectus. Surplus / (Deficit) available for Appropriation 5,795.20 3,748.76 2,338.75 1,555.50 1,052.04
OUR BUSINESS be addressed to the Registrar to the Issue, giving full details such as name, address of the applicant, number
Overview : We are the largest gold financing company in India in terms of loan portfolio, according to the 2010 Appropria tion: of NCDs applied for, amount paid on application and the bank branch or collection centre where the application
update to the IMaCS Research & Analytics Industry Reports, Gold Loans Market in India, 2009 (“IMaCS Issue of Bonus Shares - 1,765.00 420.00 - - was submitted. The contact details of Registrar to the Issue are as follows: Link Intime India Private Limited, C-
Industry Report, (2010 Update)”). We provide personal and business loans secured by gold jewellery, or Gold Reduction on account of demerger - 141.98 - - - 13, Pannalal Silk Mills Compound, L.B.S. Marg, Bhandup (West), Mumbai 400 078, India . Tel: (91 22) 2596
Loans, primarily to individuals who possess gold jewellery but could not access formal credit within a reasonable of radio business 0320, Fax: (91 22) 2596 0329, Toll Free: 1-800-22-0320, Email: [email protected], Investor Grievance
time, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity Surplus/ (Deficit) carried to Balance Sheet 5,795.20 1,841.79 1,918.75 1,555.50 1,052.04 Email: [email protected], Website: www.linkintime.co.in, Contact Person: Sachin Achar, SEBI
requirements. According to the IMaCS Industry Report (2010 update), as of March 31, 2010 our branch For further details please refer to the Prospectus. Registration No.: INR000004058. We estimate that the average time required by us or the Registrar to the Issue
network was the largest among gold loan NBFCs in India. Our Gold Loan portfolio as of March 31, 2011 DISCLOSURES ON EXISTING FINANCIAL INDEBTEDNESS for the redressal of routine investor grievances will be 7 (seven) business days from the date of receipt of the
comprised approximately 4.7 million loan accounts in India that we serviced through 2,733 branches across A. Details of Secured Borrowings: Our Company’s secured borrowings as on June 30, 2011 amount to complaint. In case of non-routine complaints and complaints where external agencies are involved, we will
20 states, the national capital territory of Delhi and four union territories in India. We have since increased ` 119,142.34 million. For further details please refer to the Prospectus. seek to redress these complaints as expeditiously as possible. Rajesh A has been appointed as the Compliance
our branch network to 2,997 branches as of June 30, 2011. As of June 30, 2011, we employed 19,125 B. Details of Unsecured Loans : For details please refer to the Prospectus. Officer of our Company for this issue. The contact details of Compliance Officer of our Company are as follows:
persons in our operations. For details please refer to the Prospectus Rajesh A., Muthoot Chambers, Opposite Saritha Theatre Complex, 2nd Floor, Banerji Road, Kochi 682 018
HISTORY AND MAIN OBJECTS C. Restrictive Covenants under our Financing Arrangements: For details please refer to the Prospectus. Kerala, India. Tel: (91 484) 353 5533, Fax: (91 484) 2396506, E-mail: [email protected]. Investors may
Brief background of our Company : For details please refer to the Prospectus. LEGAL AND OTHER INFORMATION contact the Registrar to the Issue or the Compliance Officer in case of any pre-issue or post Issue related issues
Main objects of our Company : For details please refer to the Prospectus. PENDING PROCEEDINGS AND STATUTORY DEFAULTS such as non-receipt of Allotment Advice, demat credit, refund orders or interest on application money.
OUR MANAGEMENT As on the date of the prospectus, there are no defaults in meeting statutory dues, institutional dues, and Change in Auditors of our Company during the last three years : There has been no change(s) in the Statutory
Board of Directors : The general superintendence, direction and management of our affairs and business are towards holders of instrument like debentures, fixed deposits and arrears on cumulative preference Auditors of our Company in the last 3 (three) financial years preceding the date of the prospectus.
vested in our Board of Directors. We have not appointed any ‘manager’ within the meaning thereof under the shares, etc, by our Company or by public companies promoted by the Promoters and listed on the Stock MATERIAL CONTRACTS AND DOCUMENTS FOR INSPECTION : For details please refer to the Prospectus.
provisions of the Act. Under the Articles of Association, we are required to have not less than three Directors Exchanges. Save as disclosed below, there are no pending proceedings pertaining to: (a) matters likely DECLARATION
and not more than 12 Directors. We currently have 8 Directors on the Board out of which 4 Directors, i. e. 50% to affect operation and finances of our Company including disputed tax liabilities of any nature; and (b) We, the Directors of the Company, certify that all the relevant provisions of the Companies Act, 1956 and
of the total strength of Directors are independent directors. M. G. George Muthoot Age: 61 Whole Time Director criminal prosecution launched against our Company and the Directors for alleged offences under the the guidelines issued by the Government of India or the guidelines issued by the Securities and Exchange
and ChairmanDirector Identification Number: 00018201. George Thomas Muthoot Age: 60 Whole Time Board of India established under Section 3 of the Securities and Exchange Board of India Act, 1992, as
DirectorDirector Identification Number: 00018281. George Jacob Muthoot Age: 58 Designation: Whole Time enactments specified in Paragraph 1 of Part I of Schedule XIII to the Act.
DirectorDirector’s Identification Number: 00018235. George Alexander Muthoot Age: 55 Managing OTHER REGULATORY AND STATUTORY DISCLOSURES the case may be, have been complied with. We further certify that the disclosures made in the prospectus
DirectorDirector Identification Number: 00016787. P. George Varghese Age: 62 Independent DirectorDirector’s Authority for the Issue : At the meeting of the Board of Directors of our Company, held on July 25, 2011 are true and correct and in conformity with Schedule II of the Companies Act, 1956, Schedule I of SEBI
Identification Number: 00317319. K. John Mathew Age: 78 Independent DirectorDirector’s Identification the Directors approved the issue of NCDs to the public upto an amount not exceeding ` 10,000 million. (Issue and Listing of Debt Securities) Regulations, 2008, and the Listing Agreement to be executed with
Number: 00371128. John K. Paul Age: 57 Independent DirectorDirector Identification Number: 00016513. Prohibition by SEBI : Our Company, persons in control of our Company and/or our Promoter have not been the stock exchanges, and no statement made in the prospectus is contrary to the provisions of the Companies
George Joseph Age: 61 Independent DirectorDirector Identification Number: 00253754. For details please restrained, prohibited or debarred by SEBI from accessing the securities market or dealing in securities Act, 1956 or the Securities and Exchange Board of India Act, 1992 or rules, guidelines and circulars issued
refer to the Prospectus and no such order or direction is in force. Further, no member of our promoter group has been prohibited thereunder.
OUR PROMOTER Yours faithfully
Profile of our Promoters : The following individuals are the Promoters of the Company: 1. M.G. George or debarred by SEBI from accessing the securities market or dealing in securities due to fraud.
Muthoot; 2. George Thomas Muthoot; 3. George Jacob Muthoot; and 4. George Alexander Muthoot; For Disclaimer Clause of the NSE : AS REQUIRED, A COPY OF THIS OFFER DOCUMENT HAS BEEN SUBMITTED On behalf of the Board of Directors Of MUTHOOT FINANCE LIMITED
additional details on the age, background, personal address, educational qualifications, experience, experience TO NATIONAL STOCK EXCHANGE OF INDIA LIMITED (HEREINAFTER REFERRED TO AS NSE). NSE HAS M. G. George Muthoot, Whole Time Director and Chairman, George Thomas Muthoot, Whole Time
in the business of the Company, positions/posts held in the past, terms of appointment as Directors and other GIVEN VIDE ITS LETTER REF.:NSE/LIST/141948-G DATED AUGUST 08, 2011 PERMISSION TO THE ISSUER Director, George Jacob Muthoot, Whole Time Director, George Alexander Muthoot, Managing Director,
directorships of our Promoters, see section titled “Our Management” on Prospectus page 109 of the Prospectus. TO USE THE EXCHANGE’S NAME IN THIS OFFER DOCUMENT AS ONE OF THE STOCK EXCHANGES ON P. G eorge Varghese , Indep endent Directo r, K. Jo hn Math ew, Ind ependen t Director, Jo hn K
SUMMARY FINANCIAL INFORMATION WHICH THIS ISSUER’S SECURITIES ARE PROPOSED TO BE LISTED. THE EXCHANGE HAS SCRUTINIZED PaulIndependent Director, George Joseph, Independent Director
The following tables present an extract of Reformatted Summary Financial Statements. The Reformatted THIS DRAFT OFFER DOCUMENT FOR ITS LIMITED INTERNAL PURPOSE OF DECIDING ON THE MATTER Place : Kochi, India
Summary Financial Statements should be read in conjunction with the examination report thereon issued Date : August 10, 2011
by our Statutory Auditors and statement of significant accounting policies and notes to accounts on the OF GRANTING THE AFORESAID PERMISSION TO THIS ISSUER. IT IS TO BE DISTINCTLY UNDERSTOOD
Reformatted Summary Financial Statements contained in the section titled “Financial Information” THAT THE AFORESAID PERMISSION GIVEN BY NSE SHOULD NOT IN ANY WAY BE DEEMED OR
beginning on page 127 of the Prospectus. CONSTRUED THAT THE OFFER DOCUMENT HAS BEEN CLEARED OR APPROVED BY NSE; NOR DOES
FOR FURTHER DETAILS, PLEASE REFER TO THE PROSPECTUS
8 MUTHOOT FINANCE LIMITED