[.]| Listing at BSE | Thu, Jan 9, 2020 - Tue, Feb 4, 2020
| Bid/Offer Opens On | January 9, 2020 |
| Bid/Offer Closes On | February 4, 2020 |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | Series 10 | Series 11 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Monthly | Monthly | Monthly | Annually | Annually | Annually | Cumulative | Cumulative | Cumulative | Cumulative |
| Tenor | 400 days | 24 Months | 38 Months | 60 Months | 24 Months | 38 Months | 60 Months | 400 days | 24 Months | 38 Months | 60 Months |
| Coupon Rate (Retail) | 9.00% | 9.25% | 9.40% | 9.50% | 9.65% | 9.90% | 10.00% | NA | NA | NA | NA |
| Amount on Maturity | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,102 | Rs 1,202 | Rs 1,348 | Rs 1,611 |
The following categories of persons are eligible to apply in the Issue:
The Muthoot Fincorp NCD Jan 2020 consists of a base issue and a shelf issue.
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 Jan 2020 are as below:
| Category 1 (QIB) | 125000 |
| Category 2 | 250000 |
| Category 3 (HNI) | 2125000 |
| Category 4 (Retail) | 0 |
No, NRI's are not eligible to apply in this Issue.
You could check Muthoot Fincorp NCD Jan 2020 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 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 Jan 2020 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
The NCDs proposed to be issued under this Issue have been rated "A (Stable)" for an amount of Rs 50,000 lakhs by CRISIL Limited ("CRISIL") vide their letter dated October 10, 2019 and further revalidated by their letter dated December 26, 2019 and rated "BWR A +" Outlook: Stable)' for an amount of Rs 50,000 lakhs, by Brickwork Ratings India Pvt. Ltd. ("Brickworks") vide their letter dated December 12, 2019.
Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoot Fincorp NCD Jan 2020 which could help you with questions like Muthoot Fincorp NCD Jan 2020 buy or not? You should also read Muthoot Fincorp NCD Jan 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 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.
