Muthoot Fincorp Limited NCD September 2014

muthoot fincor logo avi Muthoot Fincorp Limited NCD September 2014

Muthoot Fincorp Limited NCD September 2014 Interest Rate upto 12.25%

Company Profile

1] Company is a part of the “Muthoot Pappachan Group” which has diversified business interests ranging from hospitality, financial services, catering, infrastructure for information technology, automobile sales and services and real estate.

2] One of the three largest Indian NBFCs engaged primarily in the Gold Loans business in terms of the size of Gold Loans Portfolio.Systemically Important Non deposit taking NBFC Customers includes small businessmen, vendors, traders, farmers and salaried individuals. 3,831 branches located across 15 states and NCR with a significant presence in South India as on 31st March 2014. 18,113 employees including 1,322 contracted experts as on 31st March, 2014

3] One of the three largest Indian NBFCs engaged primarily in the Gold Loans business in terms of the size of our Gold Loans portfolio.Extensive experience and a strong brand image and track record in the Gold Loans business across India. Widespread Branch Network and Strong Presence in South India

4]Access to a range of cost effective funding sources. Experienced senior management team and a skilled workforce In-house training capabilities to meet our branch expansion requirements.

Muthoot Fincorp limited NCD Details

Issuer
MUTHOOT FINCORP LIMITED
IssuePublic Issue of Secured Redeemable NCDs aggregating upto Rs.150 Crores with an option to retain over-subscription upto Rs. 150 Crores (total 300 Crores)
Issue Opens15-Sep-14
Issue Closes15-Oct-14
Face ValueRs. 1000
Minimum applicationRs. 10,000 (10 NCDs) (for all Series of NCDs, namely Series I, Series II, Series III, Series IV, Series V, Series VI, Series VII, Series VIII, Series IX, Series X and Series XI)
ListingProposed to be listed in BSE.
Mode of AllotmentBoth in dematerialised form as well as in Physical forms as specified by theApplicant in the Application form.
TradingIn dematerialized form only
DepositoriesNSDL and CDSL
Rating“CRISIL A/Stable” by CRISIL
Basis of allotmentFirst Come First Serve Basis

Muthoot Fincorp Limited NCD Series Details

Series
I
II
III
IV
V
Frequency of Interest PaymentMonthly**Monthly**Monthly**Annual*Annual*
Tenor from Deemed Date of Allotment400D24M36M72M24M
Coupon (% per annum)10.25%11.00%11.50%12.00%11.50%
Effective Yield (per annum)10.25%11.00%11.50%12.00%11.50%
Minimum Application10,000 (10 Bonds)10,000 (10 Bonds)10,000 (10 Bonds)10,000 (10 Bonds)10,000 (10 Bonds)
In Multiples of1,0001,0001,0001,0001,000
Nature of
NCD
SecuredSecuredSecuredUnsecuredSecured

Muthoot Fincorp Limited NCD Series Details

Series
VI
VII
VIII
IX
X
XI
Frequency of Interest PaymentAnnual*CumulativeCumulativeCumulativeCumulativeCumulative
Tenor from Deemed Date of Allotment36M60M400D24M36M72M
Coupon (% per annum)11.75%11.50%10.50%11.50%11.75%12.25%
Effective Yield (per annum)11.75%11.50%10.50%11.50%11.75%12.25%
Minimum Application10,000 (10 Bonds)10,000 (10 Bonds)10,000 (10 Bonds)10,000 (10 Bonds)10,000 (10 Bonds)10,000 (10 Bonds)
In Multiples of1,0001,0001,0001,0001,000
1,000
Nature of
NCD
SecuredSecuredSecuredSecuredSecuredUnSecured

Application Process and Form Submission/Collection Centers

Please take print of the Application Form A4 paper size. Click here to download Application form of Muthoot Fincrop Limited NCD September 2014
Attach following document along with the application form : –
1] PAN Card and Address Proof Photo Copy attested by applicant.
2] One Cancelled Cheque copy.
3] Bidding is mandatory.
4] Cheque / DD should be drawn in favour of “MUTHOOT FINCORP LIMITED – NCD ESCROW II”.
5] On First come First Serve Basis
6] Keep photocopy of application form for your record.
7] Submit / deposit your NCD application form in Listed/ Design Bank Branches. (search below for your city)
8] To record and track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
9] The actual bond will reflect in your demat account within 8-12 weeks time form date of allotment.
10] Free Home Service available *

Who Can Apply Invest

Resident Indian individuals and Hindu Undivided, Resident public financial institutions, commercial banks, and regional rural banks

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