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 | November 4, 2020 |
| Issue Close | November 18, 2020 |
| Issue Size (Base) | ₹100.00 Crores |
| Issue Size (Shelf) | ₹100.00 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 | November 4, 2020 |
| Bid/Offer Closes On | November 18, 2020 |
| Record Date | November 18, 2020 |
| Deemed Date of Allotment |
| Tenure | 480 Days | 24 months | 24 months | 36 months | 50 months | 60 months | 85 months |
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| Nature | Secured | ||||||
| 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 | ||||||
| Mode of Interest Payment/ Redemption | Through various options available | ||||||
| Coupon (%) per annum in Category I, II and III | 9.50% | 9.75% | NA | 10.00% | NA | 10.50% | NA |
| Coupon Type | Fixed | ||||||
| Redemption Amount (Rs /NCD) for NCD Holders in Category I, II and III | 1,000 | 1,000 | 1,205 | 1,000 | 1,500 | 1,000 | 2,000 |
| Effective Yield (%) (per annum) - Category I, II and III | 9.92% | 10.20% | 9.77% | 10.47% | 10.22% | 11.02% | 10.28% |
| Put and Call Option | Not Applicable | ||||||
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 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.
The Company has received rating of 'IND BBB': Outlook Stable' by India Ratings. This means the NCD has moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk.
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