Issue of Muthoot Finance Secured Non-Convertible Debentures (NCDs)
 
 
 
 
 
 
 
 
OptionsParticulars
IssuerMuthoot Finance Limited
Issue period17 September 2012 To 5 October 2012
Issue SizeRs 500 Crores (Public issue of Rs 250 Crores with an option to retain over-subscription of Rs 250 Crores)
Basis of allocationFirst come first serve basis
ListingProposed to be listed on BSE and NSE
RatingICRA AA-/Stable and CRISIL AA-/Stable
Face Value and Issue PriceRs 1,000 per NCD (Trading Lot – 1 NCD and in multiples of 1 NCD)
Minimum ApplicationRs 10,000 (10 NCDs) and in multiples of 1 NCD thereafter
Interest Payment DateAnnual Frequency – on 1st day after 31 March and Monthly Frequency – 1st day of next month.
Trading and IssuanceBoth physical and dematerialised form (NCDs under Option V will be compulsorily allotted in dematerialised form.)
Interest PayableInterest on application 11.50% p.a and Interest on refund 6.00% p.a. (Refer Terms and Conditions)
Who can apply: Institutional, Non Institutional, Indian Nationals Resident in India and HUF
Investor CategoryI (Institutional)II (Non Institutional and HNl)III (Retail)
Issue allocation %15%35%50%



Specific terms for each series of Bonds:



SeriesIIIIIIIVV
Frequency of Interest PaymentAnnualAnnualMonthlyAnnualCumulative
Tenor (In months)2436606072
Coupon Rate (%) p.a11.50%11.75%11.75%12.00%NA
Effective Yield (%) p.a11.50%11.75%11.75%12.00%12.25%
Redemption Amount per NCDFace value + interestRs. 2,000



* Invest only after referring to final prospectus.

Muthoot Finance NCD – Opens on 17 Sept 2012
Rate this post