Friday, January 04, 2019

9.50% M&M Financial NCD January 2019 Issue Dates, Rating & Interest Rates

 Friday, January 04, 2019  
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M&M Financial is incorporated in 1991 and they are one of the leading non banking finance company. They have customer base in rural and urban area in the country. They offer loans for new and pre-owned vehicles like utility vehicles, cars, tractors, commercial vehicles. They also provide housing finance, personal loans, SME loans and mutual fund distribution services as well. The company is promoted by one of the well known group Mahindra & Mahindra Limited.

M&M Financial NCD Issue December 2018 Details:
  • NCD Issue Open: 04 January 2019
  • NCD Issue Close: 25 January 2019is 
  • NCD Issue Size: Rs.3500 Crore
  • Price Band: Rs.1000
  • NCD's: 3,000,000 of Rs.1000 Each
  • Interest Rate: Upto 9.50% ** (Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Maximum Investment: 1,000 Bonds (Rs 10,00,000)
  • Listing: BSE
M&M Financial NCD Issue Rating:
  • India Rating and Research Ratings: IND AAA / Stable
  • CARE Ratings: CARE AAA / Stable
M&M Financial NCD Issue Listing:
  • NCD Bonds will be list on BSE.
M&M Financial NCD Issue Promoters:
  • Mahindra & Mahindra Limited
How to Apply M&M Financial NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
M&M Financial NCD (January 2019) Issue Tenure & Interest Rates:
AnnualI39 MonthsII60 MonthsIII
96 Months
IV
120 Months
Category
I, II, III
9.00%9.10%9.20%9.35%
Category
IV, V
9.05%9.15%9.30%9.50%
EY / Annum
Category I, II
9.02%9.12%9.21%9.35%
EY / Annum
Category III, IV
9.07%9.17%9.31%9.50%
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M&M Financial NCD Lead Manager:

  • A.K. Capital Services Limited
  • Axis Bank Limited
  • Axis Capital Limited
  • Edelweiss Capital Limited
  • ICICI Securities Limited
  • SBI Capital Markets Limited
  • Trust Investment Advisors Private Limited
  • Yes Bank Limited
M&M Financial NCD (January 2019) Allotment Status:
  • M&M Financial NCD issue allotment available on Karvy.com
NCD Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com

Company Information:
Mahindra & Mahindra Financial Services Ltd
Gateway Building,
Apollo Bunder,
Mumbai 400001, Maharashtra
Phone: +91 22 2289 5500
Fax: +91 22 2287 5485
Email: [email protected]
Website: http://www.mahindrafinance.com

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