Muthoot Finance Limited Tranche V NCD Feb 2023 FAQ's

[.]| Listing at BSE | Wed, Feb 8, 2023 - Fri, Mar 3, 2023

Muthoot Finance Limited Tranche V NCD Feb 2023 Date & Price

The Muthoot Finance Limited Tranche V NCD Feb 2023 issue opens on February 8, 2023 and closes on March 3, 2023. for the subscription.

Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day. The allotment is done on a First Come First Serve Basis.

Muthoot Finance Limited Tranche V NCD Feb 2023 Issue Timetable

Bid/Offer Opens OnFebruary 8, 2023
Bid/Offer Closes OnMarch 3, 2023

Sorry, `Muthoot Finance Limited Tranche V NCD Feb 2023` DRHP PDF Document is not available at this time.


Muthoot Finance Limited Tranche V NCD Feb 2023 Red Herring Prospectus (RHP) PDF

Muthoot Finance Limited Tranche V NCD Feb 2023 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for Muthoot Finance Limited Tranche V NCD Feb 2023 is Monthly and Annually.

Each application should be for a minimum of 10 NCD and multiples of 1 NCD thereof.

Muthoot Finance Limited Tranche V NCD Feb 2023 remains open for subscription on working days from 10:00 a.m. to 5:00 p.m until March 3, 2023. The bid may close earlier in case it is fully subscribed.

Muthoot Finance Limited NCD Coupon Rates

#Series 1Series 2Series 3Series 4Series 5Series 6Series 7
Frequency of Interest PaymentMonthlyMonthlyAnnualAnnualAnnualCumulativeCumulative
NatureSecuredSecuredSecuredSecuredSecuredSecuredSecured
Tenor37 months61 months25 months37 months61 months37 months61 months
Coupon Rate (Retail)8.25%8.35%8.25%8.50%8.60%NANA
Effective Yield (% per Annum)8.25%8.35%8.25%8.50%8.60%8.50%8.60%
Amount on MaturityRs 1,000.00Rs 1,000.00Rs 1,000.00Rs 1,000.00Rs 1,000.00Rs 1,286.34Rs 1,521.42

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 25, 37 and 61 months.

The following categories of persons are eligible to apply in the Issue:

  • Category 1 - Institutional Investors including banks, provident funds, pension funds, Mutual Funds, Insurance Companies, NBFC Companies and National Investment Fund.
  • Category 2 - Non-Institutional Investors including Co-operative banks, Public/private charitable/ religious trusts, Partnership firms, Limited Liability Partnerships LLP Firms.
  • Category 3 - High Net-worth Individuals (HNIs) including retail investors who apply for above ₹10 lakhs.
  • Category 4 - Retail Individual Investors including retail investors who apply for less than ₹10 lakhs.

Muthoot Finance Limited Tranche V NCD Feb 2023 Issue Size and Subscription Status

The Muthoot Finance Limited Tranche V NCD Feb 2023 consists of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹500.00 Cr
  • NCD Shelf Issue Size: ₹3,000.00 Cr

Note that the Shelf issue is an option to retain oversubscription up to the shelf issue size over and above the base issue.

Shares offered in Muthoot Finance Limited Tranche V NCD Feb 2023 are as below:

Muthoot Finance Limited Tranche V NCD Feb 2023 Shares Offered by Category

Category 1 (QIB)50000
Category 250000
Category 3 (HNI)400000
Category 4 (Retail)500000

No, NRI's are not eligible to apply in this Issue.

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Portfolio Investors
  5. Foreign Venture Capital Investors
  6. Qualified Foreign Investors
  7. Overseas Corporate Bodies
  8. Persons ineligible to contract under applicable statutory/regulatory requirements

You could check Muthoot Finance Limited Tranche V NCD Feb 2023 NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).

Note that there is no official source of GMP Rate as they are over-the-counter transactions.

Muthoot Finance Limited Tranche V NCD Feb 2023 Allotment and Listing

The NCD's are proposed to be listed on BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

You can check Muthoot Finance Ltd. allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.

It is hard to say at what price Muthoot Finance Limited Tranche V NCD Feb 2023 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Muthoot Finance Limited Tranche V NCD Feb 2023 NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated [ICRA] AA+/Stable (pronounced as ICRA Double A plus rating with stable outlook) by ICRA.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoot Finance Limited Tranche V NCD Feb 2023 which could help you with questions like Muthoot Finance Limited Tranche V NCD Feb 2023 buy or not? You should also read Muthoot Finance Limited Tranche V NCD Feb 2023 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

Muthoot Finance Ltd. NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.