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. 1400Cr. The Issue is open for subscription on 17 Jan 2017 and closes on 17 Feb 2017 (Early Close 18 Jan 2017).
Product Note
Muthoot NCD Issue Highlights
Specific Term of Issue
About Company
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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.
Muthoot Finance Ltd NCD Allotment Link
Registrar of Issue Link Intime
Allotment Listing Details – ISIN No, Maturity Date , BSE Script code etc
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