Issue of Muthoot Finance Secured Non-Convertible Debentures (NCDs)
| Options | Particulars | | Issuer | Muthoot Finance Ltd | | Issue | Base issue size of Rs. 250 Crores with an option to retain over-subscription upto additional Rs. 250 Crores | | Issue Opens | 2nd March 2012 | | Issue Closes | 17th March 2012 | | Basis of allocation | First come first serve basis | | Issuance and Trading | Compulsorily in dematerialised form | | Trading Lot | 1 (one) NCD | | Rating | AA-/Stable by CRISIL & ICRA | | Interest payable | Interest on application & Interest on refund money - 13% p.a. | | Deemed Date of Allotment | Shall be the date as decided by the duly authorized committee of the board constituted by resolution of the board. |
Issue details
| Options | | | || | ||| | |V | | Frequency of Interest Payment | Annual | Annual | Annual | NA | | Minimum Application | Rs. 5,000 (5 NCDs)(for Options I, II, III and IV either taken individually or collectively) | | In Multiples of (in Rs) | 1,000 (1 NCD) | 1,000 (1 NCD) | 1,000 (1 NCD) | 1,000 (1 NCD) | | Face Value of NCDs (in Rs) | 1,000 | 1,000 | 1,000 | 1,000 | | Issue Price (Per NCD - in Rs) | 1,000 | 1,000 | 1,000 | 1,000 | | Coupon Rate (%) for NCD | 13.00 | 13.25 | 13.25 | NA | | Effective Yield (% per annum) | 13.00 | 13.25 | 13.25 | 13.43 | | Tenor (in Months) | 24 | 36 | 60 | 66 | | Redemption date (in Months from the Deemed date of Allotment) | 24 | 36 | 60 | 66 | | Redemption amount (per NCD) | Repayment of the Face Value plus any interest that may have accrued at the Redemption Date. | Rs. 2000 |
| Who can apply * | | Category I | Public financial institutions, statutory corporations, commercial banks, co-operative banks and regional rural banks; Provident funds, pension funds, superannuation funds and gratuity fund; Venture Capital funds; Insurance Companies; National Investment Fund; Mutual Funds (Issue allocation 15%) | | Category II | Companies; bodies corporate, societies; trusts; research organizations, Partnership and Limited liability partnerships; Resident Indian individuals; and HUF (applying for NCDs aggregating to a value exceeding Rs. 500,000, across all series of NCDs (Issue allocation 20%) | | Category III | Resident Indian individuals; and HUF (applying for NCDs aggregating to a value not more than Rs. 500,000, across all series of NCDs (Issue allocation 50%) | | Category IV | NRIs on a non-repatriation basis only * (Separate Form is to be filled in by NRIs) (Issue allocation 15%) |
* For the purpose of information only, invest only after referring to the final prospectus
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