Muthoot Finance Ltd is coming out with a public issue of Unsecured & Secured, Redeemable, Non Convertible Debentures (NCDs) of face value of Rs. 1000 each aggregating to a total of upto Rs. 400 Cr. The Issue is open for subscription on 19th November 2014 and closes on 18th December 2014. Muthoot finance largest gold financing company in India in term of loan portfolio. It aims to raise upto 400 Cr. through this Issue. If you already subscribe in this company then wait for another issue for diversify your Portfolio. Current market condition is not good for Gold Category.
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Muthoot NCD Issue Highlights
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Specific Term of Issue[ws_table id=”601″]
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Note :
Subject to Applicable Tax deducted at source (TDS)
Cheque Details :
Cheque / DD should be drawn in favour of ” Escrow Account Muthoot Finance NCD Public Issue “ by all applicant
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[wptabtitle] About Issue[/wptabtitle] [wptabcontent]
About Company
The funds raised through this issue will be utilised by the company for various financing activities including lending and investments, to repay existing liabilities or loans and towards business operations including for capital expenditure, working capital requirement and other general corporate purposes.
The company provides personal and business loans secured by gold jewellery, or gold loans, primarily to individuals who possess gold jewellery, but could not access formal credit within a reasonable time, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.
As of June 30, 2013, the company has branch network of 4163 branches. Its gold loan portfolio as of March 31, 2013 comprised approximately 6.5 million loan accounts.
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[wptabtitle] Download Form[/wptabtitle] [wptabcontent] Download Form & Submit SBI Capital – Collection Center
Download Form Link
Check here Location for SBICap Securities Ltd – Collection purpose
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[wptabtitle] Subscription[/wptabtitle] [wptabcontent]
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[wptabtitle] Listing[/wptabtitle]
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Call Rajendra 7719917444
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