HomeNCD BondsMuthoot Fincorp NCD September 2021, Issue Date, Review & Interest Rates

Muthoot Fincorp NCD September 2021, Issue Date, Review & Interest Rates

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Muthoot Fincorp NCD September 2021, Issue Date, Review & Interest Rates

About Muthoot Fincorp

Muthoot Fincorp Limited is one of India’s leading NBFCs. As the flagship company of Muthoot Pappachan Group (also known as Muthoot Blue). The company offers an extensive array of financial services, like Gold Loans, Small Business Loans, Affordable Housing Loans, Two-wheeler Loans, Used-car Loans, Domestic Money Transfer, International Remittance, Foreign Exchange, Insurance Products & Services, Wealth Management Services, Affordable Gold Jewlery and more. Each of the branches is like a financial super-market helping the customer in fulfilling most of the requirements under one roof.

Muthoot Fincorp NCD September 2021 Details

DescriptionNCD Details
NCD Issue Open 30-Sep-21
NCD Issue Close 26-Oct-21
Security Type Secured and Unsecured Redeemable Non-Convertible Debentures
Price Band Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 Bonds (Rs.10,000)
SeriesI-IX
Credit Rating “CRISIL A+/Stable” by CRISIL
Payment Frequency Monthly & Cumulative
Basis of Allotment First Come First Serve Basis
Symbol
Listing At BSE

Terms of the NCDs

SeriesSeries 1Series 2Series 3Series 4Series 5Series 6Series 7Series 8Series 9
NatureSecuredSecuredSecuredUnsecuredUnsecuredSecuredSecuredSecuredUnsecured
Tenor (months) 27 Months38 Months60 Months72 Months87 Months27 Months38 Months60 Months87 Months
Frequency of Interest PaymentMonthlyMonthlyMonthlyMonthlyMonthlyCumulativeCumulativeCumulativeCumulative
Coupon (% per annum) for all Category Investor(s)8.25%8.50%8.75%9.50%9.75%NANANANA
Effective Yield (p.a.)  for all
Category of Investor(s)
8.57%8.84%9.10%9.92%10.20%8.58%8.83%9.10%10.19%
Redemption Amount (Rs.)1,0001,0001,0001,0001,0001,2031,3071,5462,022

Objects of the Issue

  • For the purpose of Working Capital – 75% of the amount raised and allotted in the Issue; and
  • For General Corporate Purposes – 25% of the amount raised and allotted in the Issue

Muthoot Fincorp NCD September 2021 – Documents

Muthoot Fincorp NCD September 2021 Lead Managers

  • SMC Capitals Limited

Muthoot Fincorp NCD September 2021 Registrar

  • Integrated Registry Management Services Pvt Ltd

Muthoot Fincorp NCD September 2021 – FAQs

When is the Muthoot Fincorp NCD September 2021 issue open date?

The Muthoot Fincorp NCD September 2021 issue open date is on 30th September, 2021

When is the Muthoot Fincorp NCD September 2021 issue close date?

The Muthoot Fincorp NCD issue close date is on 26 October, 2021

What is the price for one NCD for Muthoot Fincorp NCD September 2021 issue?

The price band is Rs 1000 per NCD and the minimum lot size is 10 Bonds (Rs. 10,000)

How to Apply Muthoot Fincorp September 2021 issue?

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Apply from your demat account, if you don’t have the Demat Account, click here to open the Demat Account.

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.

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