About Muthoot

Muthoot Ninan Group was established in the year 1939 by its founding Father Shri M.Ninan Muthoot. Muthoot Mercantile Limited (MML) is the flagship company of the Muthoot Ninan Group of companies. MML was incorporated as a Public Limited Company on 03-03-1997 under certificate of incorporation of Registrar of Companies Kerala. It was registered as an NBFC under certificate of registration dated 12-12-2002 by the Reserve Bank of India.

The company is promoted by Shri. M. Mathew and his son, Shri. Richi Mathew. Shri. M. Mathew is the only son of late Muthoot M. Ninan, who only started chitty and finance business adopting MUTHOOT as its trade name in the year 1939. He is a Mechanical Engineering graduate. He is the Chairman of the Company and has a working experience of more than 60 years in the Banking and chitty field. Shri. Richi Mathew, son of Shri. M. Mathew, is the Managing Director of the Company and has a working experience of more than 25 years in the Financial Sector.

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