Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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| Issue Open | January 5, 2022 |
| Issue Close | January 28, 2022 |
| Issue Size (Base) | ₹200.00 Crores |
| Issue Size (Shelf) | ₹200.00 Crores |
| Issue Price | ₹1000 per NCD |
| Listing At | BSE |
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.
| Bid/Offer Opens On | January 5, 2022 |
| Bid/Offer Closes On | January 28, 2022 |
| Record Date | |
| Deemed Date of Allotment |
| 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 | |||||||||
Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.
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.
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.
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