Monday, September 17, 2012

Muthoot NCD Issue Sep 2012

Issuer : Muthoot Finance Limited
Issue period: 17 September 2012 To 5 October 2012
Issue Size: Rs 500 Crores (Public issue of Rs 250 Crores with an option to retain over-subscription of Rs 250 Crores)
Basis of allocation: First come first serve basis
Rating ICRA 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.)

The interest rate varies from 11.5 % per annum to 12.25% across varios options.

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