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Muthoot Finance Ltd NCD (Muthoot Finance NCD July 2015) Detail

Sep 7, 2015 - Oct 7, 2015
Muthoot Finance Ltd Logo

Muthoot Finance Ltd (MFL) is the largest gold financing company in India in terms of loan portfolio. They provide 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.

They are a 'Systemically Important Non-deposit taking NBFC' headquartered in the south Indian state of Kerala. In addition to Gold Loans business, they provide money transfer services through their branches as sub-agents of various registered money transfer agencies, and have commenced providing collection agency services. They also operate three windmills in the state of Tamil Nadu.

Muthoot Finance NCD Review - By Dilip Davda

Muthoot Finance NCD July 2015 Detail

Issue Open Sep 7, 2015 - Oct 7, 2015
Security Name Muthoot Finance Ltd
Security Type
Issue Size (Base) Rs 250.00 Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 10 NCD
Listing At BSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 0%
Category 2 0%
Category 3 0%
Category 4 0%

Objects of the Issue

The Net Proceeds raised through this Issue will be utilised for following activities in the ratio provided as below:

a) For the purpose of lending- 75% of the amount raised and allotted in the Issue

b) For General Corporate Purposes- 25% of the amount raised and allotted in the Issue

Ratings

This issue is having ICRA AA- rating from ICRA indicating at high degree of safety regarding timely servicing of financial obligations. However, as per market perception, there are few takers for offers with such ratings.

Muthoot Finance NCD July 2015 Prospectus

Muthoot Finance NCD July 2015 Rating

9
4.1
Rating:Rated 4.1 stars
Vote Here ...

Muthoot Finance NCD July 2015 Reviews

Company Contact Information

Muthoot Finance Ltd
Muthoot Chambers,
Opp Saritha Theatre Complex, 2nd Flr,
Banerji Road, Kochi 682 018

Phone: (+91 484) 239 4712
Email: ncd@muthootgroup.com
Website: http://www.muthootfinance.com

Muthoot Finance NCD July 2015 Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: mfl13.ncd@linkintime.co.in
Website: https://linkintime.co.in/

Muthoot Finance NCD July 2015 Lead Manager(s)


2 Comments

2. Deepak     Link|Dec 4, 2015 12:00:20 PM
what is the rate of interest payable on current bond send me the full detail
2.1. Shailendrakumar Ramkisan Sonawane     Link|Apr 3, 2018 2:41:03 PM
what is the rate of interest payable on current bond send me the full detail.

& new NCD Bond Date.
1. Deepak     Link|Dec 25, 2015 4:15:49 PM
SEND THE DETAIL INTEREST RATES OF PRESENT N C D