This entry is part 2 of 9 in the series Muthoot NCD

Muthoot Finance Ltd launched Public Issue of  NCD of  Rs. 1000 each from 26 May 2014 and issue close on 26 June 2014.  Muthoot finance largest gold financing company in India in term of loan portfolio. It aims to raise upto 500 Cr. through this Issue. Current condition Gold market is not good. If you already invest in this company NCD then wait & watch for coming new good NCD Issue.

Allotment is on First Come First Serve Basis.

 Product Note

Muthoot NCD Issue Highlights

IssuerMuthoot Finance Ltd
Type of InstrumentNon Secured & Secured Redeemable, NCD
Issue Open26 May 2014
Issue Close26 June 2014 (with option of early closure or extension)
Issue Size500 Cr.
Face ValueRs. 1,000
Min. Application Size10 Bonds (Rs.10000) & multiply of 1 NCD thereafter (across all series NCD)
Interest Monthly, Annually & Cumulative
Mode of AllotmentD'mat as well as Physical Form
RatingAA - (ICRA) , AA - (CRISIL)
ListingBSE

Specific Term of Issue

OptionsIIIIIIIVVVI
Tenor24 month (2 yrs)36 month (3 yrs)60 month (5 yrs)24 month (2 yrs)36 month (3 yrs)60 month (5 yrs)
Base Coupon -10.25%10.75%10.25%10.75%11.00%10.75%
Incentive Cat II & III0.75%0.75%0.75%0.75%0.75%0.75%
Yield- Cat I10.25%10.75%10.25%10.75%11.00%10.75%
Yield - Cat II & III11.00 %11.50 %11.00 %11.50 %11.75%11.50%
Face Value100010001000100010001000
Maturity100010001000100010001000
Interest PaymentMonthlyMonthyMonthyAnnual Annual Annual
OptionsVIIVIIIIXXXI
Tenor400 days2 yrs3 yrs5 yrs6 yrs
Base CouponNANANANANA
Yield Cat I9.75 %10.75 %11.00 %10.75 %10.96 %
Yield - Cat II & III10.50 %11.50 %11.75 %11.50 %11.70 %
Face Value10001000100010001000
Maturity Cat I1107.761226.561367.631666.171917.51
Maturity1116.131243.231395.541723.352000
Interest Paymentn.a.n.a.n.a.n.a.n.a.

 Note : Applicant can not apply for allotment of NCDs under VII, VIII, IX, X & XI in physical mode.

NRI’s are Not Allowed to Invest

 Cheque Details :

Cheque / DD should be drawn in favour of  ” Escrow Account Muthoot Finance NCD Public Issue  “ by all applicant

About Issue

About Company

The funds raised through this issue will be utilised by the company for various financing activities including lending and investments, to repay existing liabilities or loans and towards business operations including for capital expenditure, working capital requirement and other general corporate purposes.

The company provides personal and business loans secured by gold jewellery, or gold loans, primarily to individuals who possess gold jewellery, but could not access formal credit within a reasonable time, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.

As of June 30, 2013, the company has branch network of 4163 branches. Its gold loan portfolio as of March 31, 2013 comprised approximately 6.5 million loan accounts.

Download Form

 Download Form & Submit SBI Capital – Collection Center

Download Form Link

Check here Location for SBICap Securities Ltd – Collection purpose

Subscription

CAT ICAT-IICAT-IIITotal
Issue Size25 Cr25 Cr450 Cr500 Cr
19 JuneSubscribe
No of times
Unsubscribe
18 June 14Subscribe3.090.54394.10397.72
No of times0.120.020.870.79
Unsubscribe21.9124.4655.90102.28
17 JuneSubscribe3.090.54372.94376.57
No of times0.120.020.820.75
Unsubscribe21.9124.4677.06123.43
16 JuneSubscribe3.090.54362.01365.64
No of times0.120.020.800.73
Unsubscribe21.9124.4687.99134.36
13 JuneSubscribe3.090.53343.82347.44
No of times0.120.020.760.69
Unsubscribe21.9124.47106.18152.56
12 JUN 14Subscribe3.090.33331.35334.77
No of times0.120.010.780.66
Unsubscribe21.9124.67118.65165.23
6 June 14Subscribe3.090.33270.61274.03
No of times0.120.010.600.55
Unsubscribe21.9124.67179.39225.97
5 June 14Subscribe3.090.33242.14245.56
No of times0.120.010.540.49
Unsubscribe21.9124.68207.86254.44
4 June 14Subscribe3.090.33238.18241.60
No of times0.120.010.530.48
Unsubscribe21.9124.68211.82258.40
3 June 14Subscribe0.090.33222.59223
No of times0.020.0120.490.45
Unsubscribe24.9124.68227.41277
2 June 14Subscribe0.090.33205.17205.58
No of times0.020.120.460.41
Unsubscribe24.9124.68244.83294.42
30 May 14Subscribe0.090.33169.77170.19
No of times0.020.120.380.34
Unsubscribe24.9124.68280.23329.81
28 May 14Subscribe0.050.32127.20127.57
No of times0.020.120.280.25
Unsubscribe24.9524.68322.80372.43
27 Mat 14Subscribe0.000.21 102.62102.83
No of times-0.010.220.20
Unsubscribe2524.79347.38397.17
26 May 14Subscribe-0.2067.7667.96
No of times-0.010.150.14
Unsubscribe2524.80382.24432.04

Listing

NCDMuthoot Finance Ltd
Issue Open26 May 2014
Issue Close26 June 2014
Issue RegistrarLink Intime
Listing
Allotment Date
Listing Date
Face Value1000
Circular Ref No

For any query , Kindly Write to us at

                       rajendra@puneinvest.com or

                          Call Rajendra 7719917444