Muthoot Fincorp NCD August 2022 FAQ's

[.]| Listing at BSE | Fri, Aug 5, 2022 - Thu, Sep 1, 2022

Muthoot Fincorp NCD August 2022 Date & Price

The Muthoot Fincorp NCD August 2022 issue opens on August 5, 2022 and closes on September 1, 2022. 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 NCD August 2022 Issue Timetable

Bid/Offer Opens OnAugust 5, 2022
Bid/Offer Closes OnSeptember 1, 2022

Sorry, `Muthoot Fincorp NCD August 2022` DRHP PDF Document is not available at this time.


Muthoot Fincorp NCD August 2022 Red Herring Prospectus (RHP) PDF

Muthoot Fincorp NCD August 2022 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 August 2022 is Monthly and Cumulative.

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

Muthoot Fincorp NCD August 2022 remains open for subscription on working days from 10:00 a.m. to 5:00 p.m until September 1, 2022. The bid may close earlier in case it is fully subscribed.

Coupon Rates

Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7
Frequency of Interest Payment Monthly Monthly Monthly Cumulative Cumulative Cumulative Cumulative
Nature Secured
Tenor 27 months 38 months 48 months 27 months 38 months 48 months 96 months
Coupon Rate (Retail) 8.00% 8.25% 8.35% NA NA NA NA
Effective Yield (% per Annum) 8.29% 8.56% 8.67% 8.29% 8.56% 8.66% 9.09%
Amount on Maturity Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,196 Rs 1,297 Rs 1,395 Rs 2,007

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 27, 38, 48 and 96 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.

Muthoot Fincorp NCD August 2022 Issue Size and Subscription Status

The Muthoot Fincorp NCD August 2022 consists of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹250.00 Cr
  • NCD Shelf Issue Size: ₹250.00 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 Fincorp NCD August 2022 are as below:

Muthoot Fincorp NCD August 2022 Shares Offered by Category

Category 1 (QIB)125000
Category 2875000
Category 3 (HNI)1500000
Category 4 (Retail)0

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 NCD August 2022 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 August 2022 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 Fincorp 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 Fincorp NCD August 2022 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Muthoot Fincorp NCD August 2022 NCD - Should I apply?

The issue has been rated "CRISIL A+/Stable" by CRISIL. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoot Fincorp NCD August 2022 which could help you with questions like Muthoot Fincorp NCD August 2022 buy or not? You should also read Muthoot Fincorp NCD August 2022 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 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.