Muthoot fincorp,entity of Muthoot Group,is registered with RBI as non-deposit taking ,Non-banking Finance company.It offers mix of retail products which offers gold loans,home loan,auto loan,loan against property,investment products and advisory services.
It has come up with an issue of secured debenture on strictly private placement basis
NCD Issue Details Feb 2012:
- Issue Open Date: 20th Feb 2012.
- Issue Close date: 31st Mar 2012.
Other Details:
| Options | I | II |
| Tenor | 18 Months | 36 Months |
| Coupon(%)p.a | 13.25 | 13.25 |
| Interest Payout Frequency | Annual | Annual |
| Face Value(Rs) | 10,000 | 10,000 |
| Put / Call Option | No | No |
- Min application amount: 1 debenture / Rs.10,000/-
- Mode of holding: Only in demat form.
- Credit Rating: A+ from CRISIL.
- Interest received is annual and redemption value will be the face value.
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