[.]| Listing at BSE | Wed, Nov 4, 2020 - Wed, Nov 18, 2020
The Muthoottu Mini NCD November 2020 issue opens on November 4, 2020 and closes on November 18, 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 | November 4, 2020 |
| Bid/Offer Closes On | November 18, 2020 |
Sorry, Muthoottu Mini NCD November 2020 Red Herring Prospectus is not available at this time.
| Tenure | 480 Days | 24 months | 24 months | 36 months | 50 months | 60 months | 85 months |
|---|---|---|---|---|---|---|---|
| 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 | ||||||
The following categories of persons are eligible to apply in the Issue:
The Muthoottu Mini NCD November 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 November 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 November 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 November 2020 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
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.
Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoottu Mini NCD November 2020 which could help you with questions like Muthoottu Mini NCD November 2020 buy or not? You should also read Muthoottu Mini NCD November 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.
