About Muthoot Finance:
- Largest Gold Loan finance company.
- Revenues from Gold loan contribute most of the income of the company.
- Total income of Muthoot finance was Rs.2315 Crore for year ending on 31st March 2011,,nearly 112% of the previous year while total profit after tax was Rs.494 crore ,with growth of more than 116% than previous year.
Issue details:
- Issue Open Date:22nd Dec. 2011.
- Issue Close date:07th jan. 2012.
- Nature:Secured,redeemable,non-convertible.
- Holding:Only in demat mode.
- Face value: Rs.1000.
- Min.application: 5 NCDs or Rs.5,000/-.
- Interest Rates:
| Options | 1 | 2 | 3 | 4 |
| Tenor | 24Months | 36 M | 60 M | 66 M |
| Intetest Payment frequency | Annual | Annual | Annual | Cumulative |
| Interest Rate | 13% | 13.25% | 13.25% | 13.43% |
With cumulative option,get your investment double in 5 &1/2 years.
Credit rating of the issue is AA- indicates better safety and one can think to invest some surplus money in this issue.
Details of Ongoing Debenture issue of Muthoot finance April 2015 :
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Dear sir,
I want to know about your fixed deposit planning ,
eg:I want to deposit 400000 IRS for 3 years ,after 3 years how much money i can get.
regards
georgy
Hi,
This was NCD issue of Muthoot finance and not fixed deposit.Muthoot finance comes with such issues occasionally.
If you are looking for something different then you need to contact at Muthoot finance : http://www.muthootfinance.com/contact-us/
i want to ask that are these interest rates like 13% or else applicable for year or for the total period in which we have invested..
These are compounded annual returns.
i want to ask a question , these interest rates which are given here i.e. 13% or else . how they are applicable like these are for monthly , yearly or for just onlly 2 yrs i.e. the time of total fd
wht is NCD means??
NCD – Non convertible debentures.
NCDs are very similar to fixed deposits but they are occasional only….while deposits are ongoing.One can buy them from secondary market through demat account if yields are favorable.
Want to know listng date of muthoot finance 13.25 ncd. Pl reply at the earliest,
Allotment have completed in muthoot finance.For status of your application,you will get better info from your broker.
Muthoot NCD 2 Bonds where can I get the allotment status?When is the listing Date?
I want to apply for option 4. Kindly send some representative.
Rgds..
Hemant
Hello Hemant,
This issue is over now.
Paresh.