Muthoot Fincorp Ltd Ncd Details

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Muthoot Fincorp Ltd NCD Period From June 29th to July seventeenth, 2020:

The Muthoot Fincorp Ltd inserted in 1997. It is a non-store taking the non-banking money related organization. The organization primarily associated with individual and business credits. The NCD membership period began on June 29th and it will end on July seventeenth, 2020.

NCD Details:

Offer Period June 29th to July seventeenth, 2020

Security Name Muthoot Fincorp Ltd

Security Type Secured, Redeemable, Non-Convertible Debentures

Issue Size (Base) Rs. 100.00 cr

Issue Size (Shelf) Rs. 160.00 cr

Issue Price Rs. 1,000 for every NCD

Face Value Rs. 1,000 each NCD

Least Lot Size 10 NCD

Market Lot 1 NCD

Posting At BSE

FICO assessment CRISIL A/Stable; BWR A +/Stable

Tenor 24 months, 38 months, 60 months

Series Series I to IX

Installment Frequency Monthly, Annual and Cumulative

Premise of allotment First Come First Serve Basis

Muthoot Fincorp Limited intends to raise a base issue size of Rs. 100 cr. At first, every speculator ...
... needs to contribute at least 10 NCDs with a market parcel of 1 NCD. The assumed worth of this store is Rs. 1,000 for each NCD. It additionally gives distinctive loan fees and residencies of two years, three years, 60 months.

Muthoot Fincorp Ltd Coupon Rates:

Series Frequency Tenure Coupon Rate Maturity Amount

I Monthly 24 Months 9.00% Rs. 1,000

II Monthly 38 Months 9.15% Rs. 1,000

III Monthly 60 Months 9.25% Rs. 1,000

IV Annually 24 Months 9.40% Rs. 1,000

V Annually 38 Months 9.65% Rs. 1,000

VI Annually 60 Months 9.75% Rs. 1,000

VII Cumulative 24 Months NA Rs. 1,202

VIII Cumulative 38 Months NA Rs. 1,348

XI Cumulative 60 Months NA Rs. 1,611

The Muthoot allocated 10,00,000 NCD's from that it apportioned 50,000 NCD's for QIB. Essentially, it distributed 2,50,000 and 7,00,000 NCDs for NIIs and HNIs individually. The Care Rating Agency evaluated as CRISIL A/Stable; BWR A +/Stable. It will be recorded on the Bombay Stock Exchange (BSE).

Disclaimer: This article gives data about the plan. It doesn't offer any guidance or suggestion. If you don't mind counsel your monetary counselor before contribut