19 December 2011

Get 13.00% pa with 'A+' Rated SECURED NCDs

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


We are pleased to present you an opportunity to invest in the Private Placement of Secured NCDs by Muthoot Fincorp Ltd. The issue carries attractive rates ranging between 12.75-13.00% pa. The NCDs are available in 2 options – 18 and 36 Months. Total size of this issue is 150 Cr. The debentures are allotted on a first cum first serve basis and in demat mode only.

Terms of the Issue -

Options
1
2
Tenor
18 Months
36 Months
Coupon (% pa)
12.75%
13.00%
Rating
A+ by CRISIL
Frequency of Interest Payment
Annually
Face Value (Rs./Debenture)
1 Lakh
Issue Price (Rs./Debenture)
1 Lakh
Minimum Application
1 Debenture
Put/Call option
No
Redemption Amount (Rs./Debenture)
1 Lakh
Listing
WDM Segment of BSE
Issue Closing Date
31st December 2011

Company Overview -

Muthoot Fincorp Limited is a finance company catering to the financial needs of retail and institutional customers. It is registered with the Reserve Bank of India as a systemically important non-deposit taking non-banking finance company (NBFC) with a paid up capital of Rs 181.25 crores and a Net Owned Fund of Rs 766.50 cr as on 30.09.2011.

Muthoot Fincorp Limited provides a host of financial services through a wide network of over 1590 branches pan India. It has a diverse mix of retail offerings in the areas of Consumer loan products and investment advisory services. These include Gold loans, Home loans, Auto loans, Loans against Property, Investment products and Advisory Services.

The issue closes on Dec 31st, 2011. Kindly contact for the application forms.

No comments:

Post a Comment