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Muthoot Fincorp NCD June 2020 Detail
Issue Open Jun 29, 2020
Issue Close Jul 13, 2020
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹160.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Muthoot Fincorp NCD June 2020 Date & Price

The Muthoot Fincorp NCD June 2020 issue opens on Jun 29, 2020, and closes on Jul 13, 2020, 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 Ltd NCD IPO dates are as below:

Muthoot Fincorp NCD June 2020 Issue Timetable

Bid/Offer Opens OnJun 29, 2020
Bid/Offer Closes OnJul 13, 2020
Record Date
Deemed Date of Allotment

Muthoot Fincorp NCD June 2020 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 June 2020 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 June 2020 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Jul 13, 2020. The bid may close earlier in case it is fully subscribed.

Coupon Rates for Eash Series

  Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8 Series 9
Frequency of Interest Payment Monthly Monthly Monthly Annually Annually Annually Cumulative Cumulative Cumulative
Tenor 24 Months 38 Months 60 Months 24 Months 38 Months 60 Months 24 Months 38 Months 60 Months
Coupon Rate (Retail) 9.00% 9.15% 9.25% 9.40% 9.65% 9.75% 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 1,202 Rs 1,348 Rs 1,611

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 24 months/ 38 months/ 60 months.

Muthoot Fincorp NCD June 2020 Issue Size and Subscription Status

The Muthoot Fincorp NCD June 2020 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹160.00 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 June 2020 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

You could check Muthoot Fincorp Ltd 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 June 2020 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 Ltd Allotment Status is not available online at this time.

The Muthoot Fincorp Ltd 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 June 2020 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Muthoot Fincorp Ltd NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated "A (Stable)" for an amount of ?50,000 lakhs by CRISIL Limited ("CRISIL") vide their letter dated October 10, 2019 and further revalidated by their letters dated December 26, 2019, March 9, 2020 and June 10, 2020, and rated "BWR A +" (Outlook: Stable)' for an amount of ?50,000 lakhs, by Brickwork Ratings India Pvt. Ltd. ("Brickworks") vide their letter dated December 12, 2019 and further revalidated by their letter dated March 11, 2020 and June 15, 2020. The rating of CRISIL A (Stable) by CRISIL and BWR A+ (Stable) by Brickworks indicate that 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 June 2020 which could help you with questions like Muthoot Fincorp NCD June 2020 buy or not? You should also read Muthoot Fincorp NCD June 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 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.