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Muthoot Finance NCD Issue March 2012:


One of the front runner Gold loan company Muthoot Finance Ltd has come up with a issue of secured,non-convertible debentures aggregating upto Rs.2500/- million and option to retain the oversubscription upto Rs 2500 millions for issuance of additional NCDs aggregating upto total of Rs 5000/- millions.

Issue Details:

  • Issue Open Date: March 02, 2012.
  • Issue Close Date: March 17, 2012.

Additional Details:

Options I II III IV
Tenure 24 Months 36 Months 60 Months 66 Months
Frequency of Interest payment Annual Annual Annual Cumulative
Interest rate 13% 13.25% 13.25% 13.43%
Face Value

Rs.1000/-

  • ¬†Credit Rating: Both ICRA and CRISIL have assigned AA- rating which indicates Stable and high safety of the issue.
  • Min. Application amount: 5 NCDs or Rs 5000/- and 1 NCD thereafter.
  • Option 4 is of cumulative nature.Investor will get money exactly doubled at the end of tenure of 66 months.
  • NCDs will be alloted in demat mode only so active demat account is¬†necessary.
  • Interest on Refund / application money: 13% p.a. from the date money is debited from investors account till date of allotment.

Category: Fixed Income

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12 Responses

  1. Mukund Ashtekar says:

    sir,
    where I can see how many NCD`s are alloted to me last date was 9/4/12. I have paid the money through ICICI Direct.I can only see the money has been debited from the bank. what is about allotment. I have applied for option IV

  2. mandar says:

    how do i know about how many ncd’s i have received through the ipo
    your reply is highly appreciated.

    thank you

  3. mandar says:

    any news on the allotment date of the muthoot ncd
    thank you

  4. mandar says:

    Sir, it is written that interest on refund money will be given till teh date of allotment. But my question is what is the date of allotment of the NCD’s.
    Thank you.

  5. Ashok says:

    Where i can see the NCD details avliable in india.

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