Issue Open : 17 Sep 2012
Issue Close : 05 Oct 2012
The Issue is for an amount of Rs. 250 Crores with an option to retain over-subscription upto Rs.250 Crores for issuance of additional NCDs aggregating to a total of upto Rs. 500 Crores
The fund raised to this issue will be primarily be used for various financing activities including leading & investments. The fund would be also used to repay existing debts other business activities and operation.
Issue Highlight
- Mode of Allotment - Physical & Dmat
- Allotment in as first come first basic
- No TDS Deduction in Demat Form, Physical Form interest above 5000 TDS deduct
- Rating AA- ( Stable ) by CRISIL & AA- (Stable) by ICRA
The company is almost 100% in the gold loan business and all its advances are secured
against it, so Muthoot may get affected by any meaningful decline in gold prices.
Allotment will happen on first cum and first serve basis Hurry of Firm allotment.against it, so Muthoot may get affected by any meaningful decline in gold prices.
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Muthoot Finance Ltd - NCD - Investment Details
Option | I | II | III | IV | V |
Tenor |
24 Month
| 36 Month | 60 Month | 60 Month | 72 Month |
Frequency of Interest Payment | Annual | Annual | Monthly | Annual | NA |
Face Value/ Issue Price | 1000 | 1000 | 1000 | 1000 | 1000 |
Minimum Application | 10,000 ( 10 NCDs) for all options | ||||
In Multiples of | 1000 (1 NCD) | ||||
Coupon Rate | 11.50% | 11.75% | 11.75% | 12.00% | NA |
Redemption Amount | Repayment of face value plus any interest that may have accrued at the redemption date. | 2000 | |||
Effective Yield | 11.50% | 11.75% | 12.40% | 12.00% | 12.25% |
" Escrow Account Muthoot Finance NCD Public Issue"
Registrar of Issue : Link Intime India Pvt Ltd
For Forms mail - bonanza42a@yahoo.in or call Rajendra - 800 775 0904
Find out here about Brokerage Structure
For Forms mail - bonanza42a@yahoo.in or call Rajendra - 800 775 0904
Find out here about Brokerage Structure
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