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Muthoot Fincorp NCD January 2022 Detail
Issue Open Jan 5, 2022
Issue Close Jan 28, 2022
Issue Size (Base) ₹200.00 Crores
Issue Size (Shelf) ₹200.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Muthoot Fincorp NCD January 2022 Date & Price

The Muthoot Fincorp NCD January 2022 issue opens on Jan 5, 2022, and closes on Jan 28, 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 Limited NCD IPO dates are as below:

Muthoot Fincorp NCD January 2022 Issue Timetable

Bid/Offer Opens OnJan 5, 2022
Bid/Offer Closes OnJan 28, 2022
Record Date
Deemed Date of Allotment

Muthoot Fincorp NCD January 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 January 2022 is Monthly.

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

Muthoot Fincorp NCD January 2022 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Jan 28, 2022. The bid may close earlier in case it is fully subscribed.

Coupon Rates for Each Series

Options Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8 Series 9 Series 10
Nature Secured NCDs
Tenor 27 Months 38 Months 60 Months 72 Months 96 Months 27 Months 38 Months 60 Months 72 Months 96 Months
Frequency of Interest Payment Monthly Cumulative
Minimum Application Rs 10,000 (10 NCDs)
In Multiples of 1 NCD after minimum application
Face Value of NCDs (Rs /NCD) Rs 1000 (1 NCD)
Issue Price (Rs /NCD) Rs 1000 (1 NCD)
Mode of Interest Payment/Redemption Through various modes available
Coupon Rate % Per Annum 8.00% 8.25% 8.50% 8.75% 9.00% NA NA NA NA NA
Coupon Type Fixed
Redemption Amount (₹ /NCD) for Debenture Holders (%) 1000 1000 1000 1000 1000 1197 1297 1527 1687 2049
Effective Yield (%) 8.30% 8.56% 8.83% 9.10% 9.37% 8.31% 8.57% 8.83% 9.11% 9.37%
Put and Call Option NA

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 27/38/60/72/96/ Months.

Muthoot Fincorp NCD January 2022 Issue Size and Subscription Status

The Muthoot Fincorp NCD January 2022 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹200.00 Crores
  • NCD Shelf Issue Size: ₹200.00 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 January 2022 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 January 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.

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 January 2022 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 issue has been rated “CRISIL A+/Stable” by CRISIL for an amount of ₹ 400 crores. 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 January 2022 which could help you with questions like Muthoot Fincorp NCD January 2022 buy or not? You should also read Muthoot Fincorp NCD January 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 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.

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