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Puneinvest > Blog > NCD > NCD Issue Muthoot Finance Ltd 10% Dec 2015
NCD

NCD Issue Muthoot Finance Ltd 10% Dec 2015

Last updated: 2015/12/11 at 9:29 AM
Rajendra Todkar Published December 11, 2015
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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. 500 Cr. The Issue is open for subscription on 11 11 11 11 Dec 2015 and closes on 11 Jan 2016.

Contents
 Cheque Details :Cheque / DD should be drawn in favour of ” Escrow Account Muthoot Finance NCD Public Issue  ” by all applicantAbout Company

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[wptabtitle] Product Note[/wptabtitle] [wptabcontent]

Muthoot NCD Issue Highlights

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Specific Term of Issue[ws_table id=”762″]

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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

[/wptabcontent]

[wptabtitle] About Issue[/wptabtitle] [wptabcontent]

About Company

The funds raised through this issue will be utilised by the Muthoot Financefor 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.

Muthoot Finance 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.

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[wptabtitle] Subscription[/wptabtitle] [wptabcontent]

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[wptabtitle] Listing[/wptabtitle]

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[/wptabs] Contact Us – 77 1991 7444

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