One of the front runner Gold loan company Muthoot Finance Ltd has come up with a issue of secured,non-convertible debentures 
aggregating upto Rs.2500/- million and option to retain the oversubscription upto Rs 2500 millions for issuance of additional NCDs aggregating upto total of Rs 5000/- millions.
Issue Details:
- Issue Open Date: March 02, 2012.
- Issue Close Date: March 17, 2012.
Additional Details:
| Options | I | II | III | IV |
| Tenure | 24 Months | 36 Months | 60 Months | 66 Months |
| Frequency of Interest payment | Annual | Annual | Annual | Cumulative |
| Interest rate | 13% | 13.25% | 13.25% | 13.43% |
| Face Value |
Rs.1000/- |
|||
- Credit Rating: Both ICRA and CRISIL have assigned AA- rating which indicates Stable and high safety of the issue.
- Min. Application amount: 5 NCDs or Rs 5000/- and 1 NCD thereafter.
- Option 4 is of cumulative nature.Investor will get money exactly doubled at the end of tenure of 66 months.
- NCDs will be alloted in demat mode only so active demat account is necessary.
- Interest on Refund / application money: 13% p.a. from the date money is debited from investors account till date of allotment.
Related Posts
Muthoot Finance NCD Issue Dec-2013 @12.25% To Open On Dec 27,2013
Invest In NIFTY 100 Stocks Through LIC Nomura MF NIFTY100 ETF:
How Monthly Income Plans (MIPs) Of Mutual Funds Are Different From That Of Banks / Posts:
LIC Samridhi Plus After Completion Of One Year:
IFCI NCD ISSUE JAN 2015:- IFCI Tax Saving Infrastructure Bonds Series-V :
sir,
where I can see how many NCD`s are alloted to me last date was 9/4/12. I have paid the money through ICICI Direct.I can only see the money has been debited from the bank. what is about allotment. I have applied for option IV
NCDs will be credited after allotment.
Evenb I had applied through ICICi direct but it does not show anything even in order book .However bank debit is shown. When can we see the allotment?
Can’t say exactly when we will see the allotment….But don’t see anything to worry about.
I too invested 34k in this ncd and wiating for allotment news.
ICICI direct also dont have any information.Can anyone update about allottment news?
how do i know about how many ncd’s i have received through the ipo
your reply is highly appreciated.
thank you
It can be checked online ….but I think there are 100% chances of allotment….
any news on the allotment date of the muthoot ncd
thank you
Issue closing Date is today…its not possible to have allotment date in advance…
Sir, it is written that interest on refund money will be given till teh date of allotment. But my question is what is the date of allotment of the NCD’s.
Thank you.
In this issue date of allotment has not declared in advance but it can be within one month after last date.
Where i can see the NCD details avliable in india.