Feedback Message Board

From bse site: market cap is 1289 Cr,
Out of which non promoter (free float) is 412 Cr. 83 Cr .
Issue size reserved for retail is 12 Cr, which is just 3 % of non promoter cap.
If someone has data, please shade light on % of shareholders having < 2 lakh holding.

@common man: this data of shreholders having less than 2 lakh rs shares will never come in shareholding pattern so not easy to find out how many retail investors are having less than 2 lakh rs shares and how many are having more value shares.

No idea about raligare.. At present rate of 929.15 muthoot offers > 14 % yield, which is quite good. the rate is beaten down by sellers, who subscribed for quick gains. Fundamentally, nothing is wrong with these bonds.

Disclosure: i have purchased a few of these @ 13 % yeild, planning to buy more and hold till maturity / liquidate only if yeild goes down substanitally.

Hi Kalpesh and Terun,

By definition, Non-Convertible Debenures (NCD) cannot be converted to shares at maturity. Hence refund amount should be in cash only. To answer Terun's question, Face Value of NCD (in this case Rs 1000, should be refunded on matuiry) regardless of price at which you bought NCD from the marker. Interest should also be paid based on face value.

More information could be found at: http://en.wikipedia.org/wiki/Debenture

Hope this helps.

Warmest Regards