Thursday, December 05, 2019

10% Muthoot Finance NCD November 2019 Issue Date, Rating & Interest Rates


Muthoot Finance is coming up with Secured, Redeemable, Non-Convertible Debentures (Secured NCDs). The subscription to start from 29th November 2019. Muthoot Finance will offer 10% interest rates on the NCDs. The NCDs tenure will be for 24 Months, 38 Months, 60 Months and 90 Months.


Muthoot Finance NCD Issue Details:
  • NCD Issue Open: 29 November 2019
  • NCD Issue Close: 24 December 2019
  • NCD Issue Size: Rs.100 Crores (Self 690 Crores)
  • Price Band: Rs.1000
  • Interest Rate: Upto 10% ** (Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Maximum Investment: 1,000 Bonds (Rs 10,00,000)
  • Listing: BSE
Muthoot Finance NCD Issue Rating:
  • ICRA Ratings: ICRA AA/ Stable
  • Crisil Ratings: Crisil  AA/ Stable
Muthoot Finance NCD Issue Listing:
  • NCD Bonds will be list on BSE.
Muthoot Finance NCD Issue Promoters:
  • M G George Muthoot
  • George Alexander Muthoot
  • George Thomas Muthoot
  • George Jacob Muthoot
How to Apply Muthoot Finance NCD Issue?
You can apply from your existing Demat account online and offline. You can apply via downloading the form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.
Muthoot Finance NCD (November 2019) Issue Tenure & Interest Rates: Details
AnnualMonthlyAnnualCumulative
24 Months9.25%9.50%-
38 Months9.50%9.75%-
60 Months9.75%10.00%-
90 Months---

Muthoot Finance NCD Lead Manager:

  • A.K. Capital Services Limited
  • Edelweiss Capital Limited
Muthoot Finance NCD (November 2019) Allotment Status:
NCD Registrar:
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: mfl.ncd2019@linkintime.co.in
Website: http://www.linkintime.co.in

Company Information:
Muthoot Finance Limited
Subodh Business Centre 408,
Malik Chambers, Hyderguda,
Hyderabad - 500 029, Telangana
Phone: +91-040-48542753
Email: co_secy@klmgroup.in
Website: http://www.klmaxiva.com