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Muthoot Finance NCD Oct 2020 Detail
Issue Open Oct 27, 2020
Issue Close Oct 29, 2020
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹1,900.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Muthoot Finance NCD Oct 2020 Date & Price

The Muthoot Finance NCD Oct 2020 issue opens on Oct 27, 2020, and closes on Oct 29, 2020, 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 Ltd NCD IPO dates are as below:

Muthoot Finance NCD Oct 2020 Issue Timetable

Bid/Offer Opens OnOct 27, 2020
Bid/Offer Closes OnOct 29, 2020
Record Date
Deemed Date of Allotment

Sorry, Muthoot Finance NCD Oct 2020 DRHP PDF Document is not available at this time.

Sorry, Muthoot Finance NCD Oct 2020 Red Herring Prospectus is not available at this time.

Muthoot Finance NCD Oct 2020 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 NCD Oct 2020 is Monthly, Annual or Cumulative.

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

Muthoot Finance NCD Oct 2020 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Oct 29, 2020. The bid may close earlier in case it is fully subscribed.

NCD Terms of Each Instrument

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 Cumulative Cumulative
Coupon Rate (% p.a.) Cat I, II 7.15% 7.50% 7.40% 7.75% NA NA
Coupon Rate (% p.a.) Cat III, IV 7.40% 7.75% 7.65% 8.00% NA NA
Effective Yield (% p.a.) Cat I, II 7.15% 7.50% 7.40% 7.75% 7.40% 7.75%
Effective Yield (% p.a.) Cat III, IV 7.40% 7.75% 7.65% 8.00% 7.65% 8.00%
Amount(Rs /NCD) on Maturity - Cat I, II Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,254.11 Rs 1,452.40
Amount(Rs /NCD) on Maturity - Cat III, IV Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,263.41 Rs 1,469.33

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 38 months and 60 months.

Muthoot Finance NCD Oct 2020 Issue Size and Subscription Status

The Muthoot Finance NCD Oct 2020 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹1,900.00 Crores

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

Sorry, The number of shares offered in Muthoot Finance NCD Oct 2020 is not available at this time. Please revisit us for latest updates.

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

Muthoot Finance NCD Oct 2020 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.

The Muthoot Finance Ltd Allotment Status is not available online at this time.

The Muthoot Finance Ltd NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price Muthoot Finance NCD Oct 2020 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Muthoot Finance Ltd NCD - Should I apply?

ICRA has assigned "[ICRA]AA" (pronounced ICRA double A) rating with a Stable outlook, assigned to the captioned Non-Convertible Debenture Programme of your company and last communicated to you vide our letter dated September 15, 2020 and September 25, 2020 stands. 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 PP-MLD AAr/Positive' rating to Rs.350 crore Proposed Issuance of Long Term Principal Market Linked Debentures of Muthoot Finance Limited (Muthoot Finance). The ratings on existing debt instruments have been at 'CRISIL AA/CRISIL PP-MLD AAr/Positive/CRISIL A1+'.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoot Finance NCD Oct 2020 which could help you with questions like Muthoot Finance NCD Oct 2020 buy or not? You should also read Muthoot Finance NCD Oct 2020 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 depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.