FREE Account Opening + No Clearing Fees
Loading...
Muthoot Fincorp NCD April 2023 Detail
Issue Open April 12, 2023
Issue Close April 26, 2023
Issue Size (Base) ₹150.00 Crores
Issue Size (Shelf) ₹300.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Muthoot Fincorp NCD April 2023 Date & Price

The Muthoot Fincorp NCD April 2023 issue opens on April 12, 2023, and closes on April 26, 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 Fincorp Limited NCD IPO dates are as below:

Muthoot Fincorp NCD April 2023 Issue Timetable

Bid/Offer Opens OnApril 12, 2023
Bid/Offer Closes OnApril 26, 2023
Record Date
Deemed Date of Allotment

Muthoot Fincorp NCD April 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 Fincorp NCD April 2023 is Monthly, Annual and Cumulative.

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

Muthoot Fincorp NCD April 2023 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until April 26, 2023. The bid may close earlier in case it is fully subscribed.

Muthoot Fincorp Limited NCD Coupon Rates

#Series 1Series 2Series 3Series 4Series 5Series 6Series 7Series 8
Frequency of Interest PaymentMonthlyMonthlyMonthlyMonthlyAnnualCumulativeCumulativeCumulative
NatureSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecured
Tenor27 Months42 Months60 Months84 Months60 Months27 Months42 Months84 Months
Coupon (% per Annum)8.40%8.65%8.80%9.00%9.15%NANANA
Effective Yield (% per Annum)8.71%9.00%9.15%9.37%9.15%8.71%9.00%9.37%
Amount on Maturity (In Rs.)Rs 1,000.00Rs 1,000.00Rs 1,000.00Rs 1,000.00Rs 1,000.00Rs 1,207.00Rs 1,353.00Rs 1,873.00

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 27, 42, 60 and 84 Months.

Muthoot Fincorp NCD April 2023 Issue Size and Subscription Status

The Muthoot Fincorp NCD April 2023 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹150.00 Crores
  • NCD Shelf Issue Size: ₹300.00 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 Fincorp NCD April 2023 is not available at this time. Please revisit us for latest updates.

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 Fincorp 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.

Muthoot Fincorp NCD April 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.

The Muthoot Fincorp Limited Allotment Status is not available online at this time.

The Muthoot Fincorp Limited 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 Fincorp NCD April 2023 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Muthoot Fincorp Limited NCD - Should I apply?

The company has received rating of CRISIL AA-/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoot Fincorp NCD April 2023 which could help you with questions like Muthoot Fincorp NCD April 2023 buy or not? You should also read Muthoot Fincorp NCD April 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 Fincorp Limited 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.