[.]| Listing at BSE | Mon, Jan 20, 2020 - Wed, Feb 12, 2020
The Muthoottu Mini NCD Jan 2020 issue opens on January 20, 2020 and closes on February 12, 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.
| Bid/Offer Opens On | January 20, 2020 |
| Bid/Offer Closes On | February 12, 2020 |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | |
|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Monthly | Monthly | Cumulative | Monthly | Cumulative | Cumulative |
| Tenor | 480 days | 24 Months | 36 Months | 50 Months | 60 Months | 70 Months | 85 Months |
| Coupon Rate (Retail) | 9.40% | 9.75% | 10.00% | NA | 10.50% | NA | NA |
| Amount on Maturity | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,500 | Rs 1,000 | Rs 1,750 | Rs 2,000 |
The following categories of persons are eligible to apply in the Issue:
The Muthoottu Mini NCD Jan 2020 consists of a base issue and a shelf issue.
Note that the Shelf issue is an option to retain oversubscription up to the shelf issue size over and above the base issue.
Shares offered in Muthoottu Mini NCD Jan 2020 are as below:
| Category 1 (QIB) | 100000 |
| Category 2 | 400000 |
| Category 3 (HNI) | 500000 |
| Category 4 (Retail) | 0 |
No, NRI's are not eligible to apply in this Issue.
You could check Muthoottu Mini NCD Jan 2020 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 NCD's are proposed to be listed on BSE.
Applicants are allocated NCD's on a First Come First Serve Basis.
You can check Muthoottu Mini Financiers Ltd. allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.
It is hard to say at what price Muthoottu Mini NCD Jan 2020 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoottu Mini NCD Jan 2020 which could help you with questions like Muthoottu Mini NCD Jan 2020 buy or not? You should also read Muthoottu Mini NCD Jan 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.
Muthoottu Mini Financiers Ltd. NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.