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| Issue Open | Feb 14, 2019 |
| Issue Close | Mar 14, 2019 |
| Issue Size (Base) | ₹100.00 Crores |
| Issue Size (Shelf) | ₹650.00 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 | Feb 14, 2019 |
| Bid/Offer Closes On | Mar 14, 2019 |
| Record Date | |
| Deemed Date of Allotment |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | |
|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Monthly | Monthly | Annually | Annually | Annually | NA | NA | NA |
| Tenor | 24 months | 38 months | 60 months | 24 months | 38 months | 60 months | 24 months | 38 months | 60 months |
| Coupon Rate | 9.25% | 9.50% | 9.75% | 9.50% | 9.75% | 10.00% | 9.25% | 9.50% | 9.75% |
| Amount on Maturity | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,193.56 | Rs 1,333.72 | Rs 1,592.29 |
Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.
Applications cannot be made by: (a) Minors without a guardian name (A guardian may apply on behalf of a minor. However, the name of the guardian will need to be mentioned on the Application Form); (b) Foreign nationals; (c) Persons resident outside India; (d) Foreign Institutional Investors; (e) Non Resident Indians; (f) Qualified Foreign Investors; (g) Overseas Corporate Bodies; (h) Foreign Venture Capital Funds; (i) Persons ineligible to contract under applicable statutory/ regulatory requirements.
You could check Muthoot Finance Limited 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.
The NCDs proposed to be issued under this Issue have been rated [ICRA] AA (Stable) by ICRA for an amount of up to Rs 40,000 million and have been rated CRISIL AA/Stable by CRISIL for an amount up to Rs 40,000 million. The rating of the NCDs by ICRA and CRISIL indicates a high degree of safety regarding timely servicing of financial obligations.
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