Muthoot Finance Limited is launching its NCD in markets. Public issue by Muthoot Finance Limited is scheduled From April 09, 2018 – May 08, 2018, of Secured NCDs of face value of Rs 1,000 each, for an amount up to Rs 3,000 crore (“Shelf Limit”), hereinafter referred to as the “Issue”. The NCDs will be issued in one or more tranches up to the Shelf Limit, on terms and conditions as set out in the relevant Tranche Prospectus for any Tranche Issue (each a “Tranche Issue”). Investors can get all important information as Price, Date, Prospectus, Credit Rating, Listing, Maturity, allotment status, subscription, application form & and trustee.

Objects Of Issue:

The Net Proceeds raised through this Tranche I Issue will be utilized for following activities in the ratio provided as below:

a) For the purpose of lending- 75% of the amount raised and allotted in the Tranche I Issue
b) For General Corporate Purposes- 25% of the amount raised and allotted in the Tranche I Issue

 

Summary Of Issue:

Issue Open:- April 09, 2018 – May 08, 2018
Interest Rate or Coupon Rate on NCDs 8.25% to 9.00 % depending on the category of investor and tenure of the NCDs.
Issue Size (Value) Up to Rs 3,000 crore (“Shelf Limit”).
Face Value Rs. 1,000 Per NCD
Minimum Application size Rs 10,000 (10 NCDs) and in multiple of Rs 1,000 thereafter.
Credit Ratings “[ICRA] AA (Stable)” by ICRA &“CRISIL AA/Stable” by CRISIL..
Mode of Issue Both physical as well as demat Form
Listing At BSE, NSE
Allotment “First come First Serve” Basis

 


Get Upcoming Investing Product Notification on your mobile, Download our App


 

Specific Terms of Muthoot Finance NCD

Series I II III IV V VI VII VII IX X
Frequency of Interest Payment Monthly* Monthly* Monthly* Annualy** Annualy** Annualy** NA NA NA NA
Tenor 24 Months 38 Months 60 Months 24 Months 38 Months 60 Months 400 Days 24 Months 38 Months 60 Months
Coupon Rate 8.25% 8.50% 8.75% 8.50% 8.75% 9.00% NA NA NA NA
Effective Yield (p.a) category I, II, III And IV 8.25% 8.50% 8.75% 8.50% 8.75% 9.00% 8.00% 8.25% 8.50% 8.75%
Maturity Date 24 Months 38 Months 60 Months 24 Months 38 Months 60 Months 400 Days 24 Months 38 Months 60 Months

Muthoot Finance NCD Allocation Ratio:

  1. Retail Individual  – Up to 30% of  Overall Issue Size
  2. Institutional (QIB) – Up to 20% of  Overall Issue Size
  3. Non-Institutional (Corporate)  – Up to 20% of  Overall Issue Size
  4. HNI – Up to 30% of  Overall Issue Size

*On first come first serve basis to be determined on the basis of the bid uploads made with the scheduled Stock Exchanges.


Get Stock Market Recommendation By Our Research Analysts Starting Just Rs. 2000/-


Muthoot Finance NCD Subscription Details:

Sr.No. Category No.of Bonds/NCDs offered/ reserved No. of Bonds bid for – BSE No. of Bonds/NCDs bid for – NSE
1 Category I
2 Category II
3 Category III
 4  Category IV
  Total

subscription details will be updated soon. 

 

Download “Muthoot Finance Limited NCD” Application Form

 


 demat-account-opening

Muthoot Finance NCD – (Company Promoters)

The promoters of the company are:

1. M G George Muthoot,
2. George Alexander Muthoot,
3. George Thomas Muthoot,
4. George Jacob Muthoot

Muthoot Finance NCD – (Debenture Trustee)

IDBI Trusteeship Services Limited

Asian Building, Ground Floor, 17 R Kamani Marg, Ballard Estate, Mumbai

Tel: 022-40807000; Fax: 022-66311776

Email: itsl@idbitrustee.com

 

Registrar To The Issue:-

Link Intime India Private Limited

C-13, Pannalal Silk Mills Compound L.B.S. Marg, Bhandup(West), Mumbai

Tel: 022-25967878; Fax 022-25960329

Email: bonds.helpdesk@linkintime.co.in

 

Lead Managers To The Issue:-

  1. Edelweiss Capital Limited
  2. A.k. Capital Services Limited

To Invest in NCD, Submit Your Details Below: