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| Issue Open | October 27, 2020 |
| Issue Close | October 29, 2020 |
| Issue Size (Base) | ₹100.00 Crores |
| Issue Size (Shelf) | ₹1,900.00 Crores |
| Issue Price | ₹1000 per NCD |
| Listing At | BSE |
Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.
| Bid/Offer Opens On | October 27, 2020 |
| Bid/Offer Closes On | October 29, 2020 |
| Record Date | |
| Deemed Date of Allotment |
| Option/Series | I | II | III | IV | V | VI |
| Tenor | 38 months | 60 Months | 38 months | 60 Months | 38 months | 60 Months |
| Interest Frequency | Monthly | Monthly | Annual | Annual | Cumulative | Cumulative |
| Coupon Rate (% p.a.) Cat I, II | 7.15% | 7.50% | 7.40% | 7.75% | NA | NA |
| Coupon Rate (% p.a.) Cat III, IV | 7.40% | 7.75% | 7.65% | 8.00% | NA | NA |
| Effective Yield (% p.a.) Cat I, II | 7.15% | 7.50% | 7.40% | 7.75% | 7.40% | 7.75% |
| Effective Yield (% p.a.) Cat III, IV | 7.40% | 7.75% | 7.65% | 8.00% | 7.65% | 8.00% |
| Amount(Rs /NCD) on Maturity - Cat I, II | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,254.11 | Rs 1,452.40 |
| Amount(Rs /NCD) on Maturity - Cat III, IV | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,263.41 | Rs 1,469.33 |
Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.
You could check Muthoot Finance Ltd NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).
Note that there is no official source of GMP Rate as they are over-the-counter transactions.
ICRA has assigned "[ICRA]AA" (pronounced ICRA double A) rating with a Stable outlook, assigned to the captioned Non-Convertible Debenture Programme of your company and last communicated to you vide our letter dated September 15, 2020 and September 25, 2020 stands. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. Within this category rating modifier {"+" (plus) or "-" (minus)} can be used with the rating symbols. The modifier reflects the comparative standing within the category.
CRISIL has assigned its 'CRISIL PP-MLD AAr/Positive' rating to Rs.350 crore Proposed Issuance of Long Term Principal Market Linked Debentures of Muthoot Finance Limited (Muthoot Finance). The ratings on existing debt instruments have been at 'CRISIL AA/CRISIL PP-MLD AAr/Positive/CRISIL A1+'.
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