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| Issue Open | January 8, 2024 |
| Issue Close | January 19, 2024 |
| Issue Size (Base) | Rs 100.00 Crores |
| Issue Size (Shelf) | Rs 900.00 Crores |
| Issue Price | Rs 1000 per NCD |
| Listing At | BSE |
The Muthoot Finance NCD Tranche III January 2024 issue opens on January 8, 2024 and closes on January 19, 2024. for the subscription.
Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day. The allotment is done on a First Come First Serve Basis.
| Bid/Offer Opens On | January 8, 2024 |
| Bid/Offer Closes On | January 19, 2024 |
| Record Date | |
| Deemed Date of Allotment |
Sorry, `Muthoot Finance NCD Tranche III January 2024` DRHP PDF Document is not available at this time.
Muthoot Finance Limited NCD Coupon Rates
| # | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 |
|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Monthly | Annual | Annual | Annual | NA | NA |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 36 Months | 60 Months | 24 Months | 36 Months | 60 Months | 36 Months | 60 Months |
| Coupon (% per Annum) | 8.25% | 8.25% | 8.25% | 8.50% | 8.50% | NA | NA |
| Effective Yield (% per Annum) | 8.75% | 8.75% | 8.75% | 9.00% | 9.00% | 9.00% | 9.00% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,295.03 | Rs 1,538.62 |
The following categories of persons are eligible to apply in the Issue:
The Muthoot Finance NCD Tranche III January 2024 consists of a base issue and a shelf issue.
Note that the Shelf issue is an option to retain oversubscription up to the shelf issue size over and above the base issue.
Shares offered in Muthoot Finance NCD Tranche III January 2024 are as below:
| Category 1 (QIB) | 50000 |
| Category 2 | 300000 |
| Category 3 (HNI) | 300000 |
| Category 4 (Retail) | 350000 |
No, NRI's are not eligible to apply in this Issue.
You could check Muthoot Finance NCD Tranche III January 2024 NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).
Note that there is no official source of GMP Rate as they are over-the-counter transactions.
The NCD's are proposed to be listed on BSE.
Applicants are allocated NCD's on a First Come First Serve Basis.
Click here to check Muthoot Finance Ltd. Allotment Status.
Muthoot Finance Ltd. listing date is .
The regular trading starts at 10 AM on listing day.
BSE and NSE allow pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/modify/cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session.
It is hard to say at what price Muthoot Finance NCD Tranche III January 2024 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
The NCDs proposed to be issued under this Issue have been rated [ICRA] AA+/Stable (pronounced as ICRA Double A plus rating with stable outlook) by ICRA Limited.
Sorry, we do not provide NCD recommendations. But we share a lot of information about Muthoot Finance NCD Tranche III January 2024 which could help you with questions like Muthoot Finance NCD Tranche III January 2024 buy or not? You should also read Muthoot Finance NCD Tranche III January 2024 Analysis from experts and check the daily subscription status.
It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.
Muthoot Finance Ltd. NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.
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