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Muthoot Finance NCD Sep 2019 Detail
Issue Open September 27, 2019
Issue Close October 25, 2019
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹900.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Muthoot Finance NCD Sep 2019 Date & Price

The Muthoot Finance NCD Sep 2019 issue opens on September 27, 2019, and closes on October 25, 2019, for the subscription.

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.

Muthoot Finance Limited NCD IPO dates are as below:

Muthoot Finance NCD Sep 2019 Issue Timetable

Bid/Offer Opens OnSeptember 27, 2019
Bid/Offer Closes OnOctober 25, 2019
Record Date
Deemed Date of Allotment

Sorry, Muthoot Finance NCD Sep 2019 DRHP PDF Document is not available at this time.

Sorry, Muthoot Finance NCD Sep 2019 Red Herring Prospectus is not available at this time.

Muthoot Finance NCD Sep 2019 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for Muthoot Finance NCD Sep 2019 is Monthly and Annual.

Each application should be for a minimum of 10 NCD's and multiples of 1 NCD thereof.

Muthoot Finance NCD Sep 2019 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until October 25, 2019. The bid may close earlier in case it is fully subscribed.

Coupon rates for series 1 to 10

  Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8 Series 9 Series 10
Frequency of Interest Payment Monthly Monthly Monthly Annually Annually Annually NA NA NA NA
Tenor 24 months 38 months 60 months 24 months 38 months 60 months 24 months 38 months 60 months 90 months
Coupon Rate 9.25% 9.50% 9.75% 9.50% 9.75% 10.00% NA NA NA NA
Amount on Maturity Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,193.56 Rs 1,333.72 Rs 1,592.29 Rs 2,000

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 24 months/ 38 months/ 60 months/ 90 months.

Muthoot Finance NCD Sep 2019 Issue Size and Subscription Status

The Muthoot Finance NCD Sep 2019 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹900.00 Crores

Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

Sorry, The number of shares offered in Muthoot Finance NCD Sep 2019 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Portfolio Investors
  5. Foreign Venture Capital Investors
  6. Qualified Foreign Investors
  7. Overseas Corporate Bodies
  8. Persons ineligible to contract under applicable statutory/regulatory requirements

You could check Muthoot Finance Limited 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.

Muthoot Finance NCD Sep 2019 Allotment and Listing

The NCD's are proposed to be listed on BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

Click here to check Muthoot Finance Limited Allotment Status.

The Muthoot Finance Limited NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price Muthoot Finance NCD Sep 2019 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Muthoot Finance Limited NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated [ICRA] AA (Stable) by ICRA for an amount of upto Rs 40,000 million vide its letter dated December 31, 2018 and have been rated CRISIL AA/Stable by CRISIL for an amount upto Rs 40,000 million vide its letter dated January 18, 2019. The rating of the NCDs by ICRA and CRISIL indicates high degree of safety regarding timely servicing of financial obligations.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoot Finance NCD Sep 2019 which could help you with questions like Muthoot Finance NCD Sep 2019 buy or not? You should also read Muthoot Finance NCD Sep 2019 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

Muthoot Finance Limited NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.