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Zerodha (Trading & Demat Account)
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Flat ₹20/trade Intra-day/F&O
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| Issue Open | December 11, 2020 |
| Issue Close | January 5, 2021 |
| Issue Size (Base) | ₹100.00 Crores |
| Issue Size (Shelf) | ₹900.00 Crores |
| Issue Price | ₹1000 per NCD |
| Listing At | BSE |
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.
| Bid/Offer Opens On | December 11, 2020 |
| Bid/Offer Closes On | January 5, 2021 |
| Record Date | |
| Deemed Date of Allotment |
| Option/Series | I | II | III | IV | V | VI |
| Tenor | 38 months | 60 Months | 38 months | 60 Months | 38 months | 60 Months |
| Interest Frequency | Monthly | Monthly | Annual | Annual | NA | NA |
| Coupon Rate (% p.a.) Cat I, II, III, IV | 6.75% | 7.10% | 7.00% | 7.35% | NA | NA |
| Effective Yield (% p.a.) Cat I, II | 6.75% | 7.10% | 7.00% | 7.35% | 7.00% | 7.35% |
| Effective Yield (% p.a.) Cat III, IV | 7.15% | 7.50% | 7.40% | 7.75% | 7.40% | 7.75% |
| Amount(Rs /NCD) on Maturity - Cat I, II | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,239.34 | Rs 1,425.64 |
| Amount(Rs /NCD) on Maturity - Cat III, IV | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,254.11 | Rs 1,452.40 |
Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.
You could check Muthoot Finance Ltd 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.
ICRA has assigned [ICRA]AA rating with a Stable outlook, assigned to the captioned Non-Convertible Debenture Programme of the company. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. Within this category rating modifier {"+" (plus) or "-" (minus)} can be used with the rating symbols. The modifier reflects the comparative standing within the category.
CRISIL has assigned its CRISIL AA/Positive rating Proposed Issuance of Long Term Principal Market Linked Debentures of Muthoot Finance Limited. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.
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