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Muthoottu Mini NCD July 2019 Detail
Issue Open August 7, 2019
Issue Close September 5, 2019
Issue Size (Base) ₹1,000.00 Crores
Issue Size (Shelf) ₹500.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Muthoottu Mini NCD July 2019 Date & Price

The Muthoottu Mini NCD July 2019 issue opens on August 7, 2019, and closes on September 5, 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.

Muthoottu Mini Financiers Ltd NCD IPO dates are as below:

Muthoottu Mini NCD July 2019 Issue Timetable

Bid/Offer Opens OnAugust 7, 2019
Bid/Offer Closes OnSeptember 5, 2019
Record Date
Deemed Date of Allotment

Muthoottu Mini NCD July 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 Muthoottu Mini NCD July 2019 is Monthly, Annual and Cumulative.

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

Muthoottu Mini NCD July 2019 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until September 5, 2019. The bid may close earlier in case it is fully subscribed.

Coupon rates for series 1 to 8

  Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8
Frequency of Interest Payment Cumulative Monthly Monthly Annual Cumulative Monthly Annual Cumulative
Nature Secured
Tenor 480 days 24 months 36 months 60 months
Coupon Rate For Category I & II NA 10.00% 10.25% 10.50% NA 10.35% 10.65% NA
Amount on Maturity For Category I & II/ for III & IV Rs 1,132 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,340 Rs 1,000 Rs 1,000 Rs 1,636

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 480 days/24 months/36 months/60 months.

Muthoottu Mini NCD July 2019 Issue Size and Subscription Status

The Muthoottu Mini NCD July 2019 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹1,000.00 Crores
  • NCD Shelf Issue Size: ₹500.00 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 Muthoottu Mini NCD July 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 Muthoottu Mini Financiers 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.

Muthoottu Mini NCD July 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 Muthoottu Mini Financiers Ltd Allotment Status.

The Muthoottu Mini Financiers Ltd 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 Muthoottu Mini NCD July 2019 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Muthoottu Mini Financiers Ltd NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated 'CARE BBB-; Stable' by CARE Ratings Limited for an amount of up to Rs 15,000 lakhs vide its letter dated July 1, 2019. The rating of the NCDs by CARE Ratings Limited indicate that instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoottu Mini NCD July 2019 which could help you with questions like Muthoottu Mini NCD July 2019 buy or not? You should also read Muthoottu Mini NCD July 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.

Muthoottu Mini Financiers Ltd 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.