Muthoot Finance the largest gold financing company in India in terms of loan portfolio, according to the IMaCS Research & Analytics Industry Reports, Gold Loans Market in India. [ According to IMaCS Industry Report, 2010]
Issue Detail:
- Issue Open: Dec 22, 2011 – Jan 07, 2012
- Issue Type: Fixed Price Issue NCD
- Issue Size: Equity Shares of Rs. 1000
- Issue Size: Rs. 300.00 Crore
- Only available to DMAT a/c holders.
Minimum order quantity for Muthoot NCD is 5 NCDs (Rs 5000) and after that in multiples of 1 NCD (Rs 1000).
Various Options Available:
| Option | 1 | 2 | 3 | 4 |
| Face Value | Rs. 1000/ | Rs. 1000/- | Rs. 1000/- | Rs. 1000/- |
| Interest Rate | 13% | 13.25% | 13.25% | 13.43% |
| Maturity | 24 Months | 36 Months | 60 Months | 66 Months |
| Interest Payment | Annual | Annual | Annual | Cumulative |
Credit Ratings: CRISIL AA-/Stable’ by CRISIL upto 600 Crore & ICRA]AA-/Stable by ICRA upto 600 Crore
The Lead Managers to the Issue are ICICI Securities, AK Capital Services, HDFC Bank, and Karvy Investor Services. The Co-Lead Managers to the Issue are SMC Capitals Limited and RR Investors Capital Services.
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I dont know y but this issue looks risky
AAK
Why do you feel so?
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