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Muthoottu Mini Financiers NCD March 2019 FAQ's

Muthoottu Mini Financiers NCD March 2019 Detail
Issue Open Mar 18, 2019
Issue Close Apr 16, 2019
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹100.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Muthoottu Mini Financiers NCD March 2019 Date & Price

The Muthoottu Mini Financiers NCD March 2019 issue opens on Mar 18, 2019, and closes on Apr 16, 2019, 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.

Muthoottu Mini Financiers Limited NCD IPO dates are as below:

Muthoottu Mini Financiers NCD March 2019 Issue Timetable

Bid/Offer Opens OnMar 18, 2019
Bid/Offer Closes OnApr 16, 2019
Record Date
Deemed Date of Allotment

Sorry, Muthoottu Mini Financiers NCD March 2019 DRHP PDF Document is not available at this time.

Muthoottu Mini Financiers NCD March 2019 Red Herring Prospectus (RHP) PDF

Muthoottu Mini Financiers NCD March 2019 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 Muthoottu Mini Financiers NCD March 2019 is Monthly and Cumulative.

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

Muthoottu Mini Financiers NCD March 2019 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Apr 16, 2019. The bid may close earlier in case it is fully subscribed.

Coupon Rates for Each Series

  Series 1 Series 2 Series 3 Series 4 Series 5 Series 6
Frequency of Interest Payment Monthly Cumulative monthly Cumulative Monthly Cumulative
Tenor 480 days 480 days 36 months 36 months 60 months 60 months
Coupon Rate (Retail) 9.25% NA 9.75% NA 10.00% NA
Amount on Maturity Rs 1,000 Rs 1,131 Rs 1,000 Rs 1,339 Rs 1,000 Rs 1,645

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 480 days/36 Months/60 Months.

Muthoottu Mini Financiers NCD March 2019 Issue Size and Subscription Status

The Muthoottu Mini Financiers NCD March 2019 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹100.00 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 Muthoottu Mini Financiers NCD March 2019 is not available at this time. Please revisit us for latest updates.

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

The following categories of persons and entities are not eligible to apply in this NCD-

  1. Minors without a guardian name
  2. Foreign nationals,
  3. NRI inter-alia including any NRIs who are (i) based in the USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject to any taxation laws of the USA;
  4. A person resident outside India and other foreign entities;
  5. Foreign Portfolio Investors;
  6. Foreign Venture Capital Investors
  7. Qualified Foreign Investors
  8. Overseas Corporate Bodies
  9. Persons who are ineligible to contract under applicable statutory/regulatory requirements.

You could check Muthoottu Mini Financiers 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.

Muthoottu Mini Financiers NCD March 2019 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 Muthoottu Mini Financiers Limited Allotment Status is not available online at this time.

The Muthoottu Mini Financiers 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 Muthoottu Mini Financiers NCD March 2019 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Muthoottu Mini Financiers Limited NCD - Should I apply?

The NCDs have been rated 'IND BBB-/Stable' by India Ratings & Research Private Limited for an amount of up to ` 20,000 lakhs. The rating of the NCDs indicates that instruments with this rating are considered to have a moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoottu Mini Financiers NCD March 2019 which could help you with questions like Muthoottu Mini Financiers NCD March 2019 buy or not? You should also read Muthoottu Mini Financiers NCD March 2019 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.

Muthoottu Mini Financiers 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.