Muthoot Finance Ltd. NCD
ABOUT THE ISSUER
Muthoot Finance Ltd. is known as the largest gold financing company in the world. In addition to financing gold transactions, the company offers foreign exchange services, money transfers, wealth management services, travel and tourism services, and sells gold coins at Muthoot Finance Branches. Muthoot Finance Ltd. operates over 4,400 branches throughout the country. The target market of Muthoot Finance Ltd. includes small businesses, vendors, farmers, traders, SME business owners and salaried individuals.
ISSUE DETAILS
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Issue Size: Rs.790 Crs
Base Issue size of Rs.100 Crore with an option to retain over subscription up to Rs.690 Crore aggregating up to Rs.790 crore.
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“[ICRA] AA (Stable)” & “CRISIL AA/Stable”
Rated by ICRA and CRISIL
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Minimum Application Size: Rs.10,000
or 10 NCDs with Face Value of Rs.1,000 each
COUPON RATE
STEPS
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Step 1
Log in to your AxisDirect account
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Step 2
Under 'Place Order', click on IPO/FPO/OFS/NCD
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Step 3
Click on 'IPO/OFS/NCD' tab
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Step 4
Select ‘Muthoot Finance Ltd.' & click on 'Apply'