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
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
| NCD | Muthoot Finance Ltd |
|---|---|
| Issue Open | 17 Jan 2017 |
| Issue Close | 18 Jan 2017 |
| Issue Registrar | Link Intime |
| Listing Exchange | BSE |
| Allotment Date | 30 Jan 2017 |
| Listing Date | 2 Feb 2017 |
| Interest Payment Date | |
| Face Value | 1000 |
| Circular Ref. No | BSE- 20170201-18 |
| Options | I | II | III | IV | V | VI |
|---|---|---|---|---|---|---|
| Coupon - Retail | 8.50% | 8.75% | 8.75% | 8.75% | 9.00% | 9.00% |
| Effective Yield - Retail | 8.75% | 9.00% | 9.00% | 9.00% | 9.25% | 9.25% |
| ISIN No | INE414 G07BO8 | INE414 G07BP5 | INE414 G07BQ3 | INE414 G07BR1 | INE414 G07BS9 | INE414 G07BT7 |
| BSE Code | 935946 | 935948 | 935950 | 935952 | 935954 | 935956 |
| Maturity Date | 30-01-2019 | 30-01-2020 | 30-01-2022 | 30-01-2019 | 30-01-2020 | 30-01-2022 |
| Maturity | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 |
| Security Desc | Secured | Secured | Secured | Secured | Secured | Secured |
| Options | VII | VII | IX | X | XI |
|---|---|---|---|---|---|
| Coupon Retial | NA | NA | NA | NA | NA |
| Yield - Retail | 8.25 % | 8.50 % | 8.75% | 9.00 % | 9.06 % |
| ISIN No | INE414 G07BU5 | INE414 G07BV3 | INE414 G07BW1 | INE414 G07BX9 | INE414 G08330 |
| BSE Code | 935958 | 935960 | 935962 | 935964 | 935966 |
| Maturity Date | 06-03-2018 | 30-07-2018 | 30-01-2019 | 30-01-2020 | 30-01-2025 |
| Maturity | 1091.09 | 1131.11 | 1182.66 | 1295.03 | 2000 |
| Security Desc | Secured | Secured | Secured | Secured | UnSecured |
