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Muthoottu Mini NCD August 2021 Detail
Issue Open August 18, 2021
Issue Close September 9, 2021
Issue Size (Base) ₹125.00 Crores
Issue Size (Shelf) ₹125.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Muthoottu Mini NCD August 2021 Date & Price

The Muthoottu Mini NCD August 2021 issue opens on August 18, 2021, and closes on September 9, 2021, 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 Ltd NCD IPO dates are as below:

Muthoottu Mini NCD August 2021 Issue Timetable

Bid/Offer Opens OnAugust 18, 2021
Bid/Offer Closes OnSeptember 9, 2021
Record Date
Deemed Date of Allotment

Sorry, Muthoottu Mini NCD August 2021 DRHP PDF Document is not available at this time.

Muthoottu Mini NCD August 2021 Red Herring Prospectus (RHP) PDF

Muthoottu Mini NCD August 2021 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

No. Issues consist of Secured as well as Unsecured NCD's.

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

Muthoottu Mini NCD August 2021 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until September 9, 2021. The bid may close earlier in case it is fully subscribed.

Tenure 480 Days 24 months 24 months 42 months 50 months 66 months 84 months
Options I II III IV V VI VII
Frequency of Interest Payment Monthly Monthly Cumulative Monthly Cumulative Monthly Cumulative
Minimum Application 10 NCDs (Rs 10,000) (across all options of NCDs)
In multiples, of 1 NCD after the minimum application
Face Value of NCDs (Rs/NCD) Rs 1,000
Issue Price (Rs /NCD) Rs 1,000
Coupon (%) per annum 8.75% 9.00% NA 9.50% NA 10.00% NA
Redemption Amount (Rs/NCD) 1,000 1,000 1,200 1,000 1,500 1,000 2,000
Effective Yield (%) (per annum) 9.11% 9.38% 9.54% 9.92% 10.22% 10.47% 10.41%

Muthoottu Mini NCD August 2021 Issue Size and Subscription Status

The Muthoottu Mini NCD August 2021 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹125.00 Crores
  • NCD Shelf Issue Size: ₹125.00 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 NCD August 2021 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 Muthoottu Mini Financiers 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.

Muthoottu Mini NCD August 2021 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 Ltd Allotment Status is not available online at this time.

The Muthoottu Mini Financiers 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 Muthoottu Mini NCD August 2021 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Muthoottu Mini Financiers Ltd NCD - Should I apply?

The Company has received rating of ‘CARE BBB+’: Stable (Triple B Plus; Outlook: Stable’) by CARE Ratings Limited (“CARE Ratings”)

Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoottu Mini NCD August 2021 which could help you with questions like Muthoottu Mini NCD August 2021 buy or not? You should also read Muthoottu Mini NCD August 2021 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 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.