This entry is part 1 of 1 in the series NCD - Muthoot Fincorp
  • NCD Issue -Muthoot Fincorp Ltd – Sep 2014

Muthoot Fincorp launched Public Issue of  NCD of  Rs. 1000 each from 15 Sep 2014 and issue close on 15 Oct 2014.

 

 Product Note

Muthoot Fincorp NCD Issue Highlights

IssuerMuthoot Fincorp Ltd
Type of InstrumentUnsecured & Secured Redeemable, NCD
Issue Open15 Sep 2014
Issue Close15 Oct 2014 (with option of early closure or extension)
Issue Size300 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
Rating A - (CRISIL)
ListingBSE

Specific Term of Issue

OptionsIIIIIIIVVVI
Tenor400 days24 month (2 yrs)36 month (3 yrs)72 month (6 yrs)24 month (2 yrs)36 month (3 yrs)
Base Coupon -10.25%11.00%11.50%12.00%11.50%11.75%
Face Value100010001000100010001000
Maturity100010001000100010001000
Interest PaymentMonthlyMonthyMonthyMonthy Annual Annual
OptionsVIIVIIIIXXXI
Tenor60 month (5 year)400 days24 month (2 year)36 month (3 year)72 month (6 year)
Base Coupon11.50%10.50%11.50%11.75%12.25%
Face Value1000100010001000
Maturity 1000
Interest PaymentAnnualCumulativeCumulativeCumulativeCumulative

Some option available with Unsecured Category before investing check it’s secure or Unsecure NCD.

Allotment is on First Come First Serve Basis

 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  ”   “ by all applicant

About Issue

About Company

 

  • Company is a part of the “Muthoot Pappachan Group” which has diversified business interests ranging from hospitality, financial services, catering, infrastructure for information technology, automobile sales and services and real estate.
  •  One of the three largest Indian NBFCs engaged primarily in the Gold Loans business in terms of the size of Gold Loans Portfolio.
  •  One of the Largest branch network among gold loan NBFCs in India
  • Systemically Important Non deposit taking NBFC
  •  Track record of over 15 years
  • Customers includes small businessmen, vendors, traders, farmers and salaried individuals
  •  3,831 branches located across 15 states and NCR with a significant presence in South India as on 31st March 2014.
  •  18,113 employees including 1,322 contracted experts as on 31st March, 2014

Financial Highlights:

 

  • Portfolio of outstanding gross Loans under Management has grown from Rs. 2,309 Crores in FY 09-10 to Rs.
  • 7,957 Crores in FY13-14 at a CAGR of 36.24%
  • Total Income of ` 1,975 Crores & Profit After Tax of ` 63.26 Crores for FY 2013-14
  • Gross NPA of 2.06% of the total loan assets as on March 31, 2014
  •  Capital Adequacy Ratio (CAR) of 21.01% as on March 31, 2014

 

 

Listing

Muthoot Fincorp Ltd

For any query , Kindly Write to us at

                       rajendra@puneinvest.com or

                          Call Rajendra 7719917444