Wednesday, February 29, 2012


Posted: 28 Feb 2012 11:53 AM PST
Muthoot  Finance  Limited  is coming out with public issue of  Secured  Non-Convertible  Debentures from March  02,  2012 of  face value of Rs. 1000/-  each  (NCD)  aggregating upto  Rs  250 Crore with an option to retain over subscription of  Rs 250 Crore for issuance of additional NCD .

For Application Form – mail at : jainbroker@yahoo.in

  • Name of the Issue: Muthoot Finance NCD
  • Issue Open: March 02, 2012
  • Issue Closes: March 17, 2012
  • Issue size: Rs, 250 Crore + Rs 250 Crore under Green Shoe Option
  • Period of Holding: 2, 3 and 5 years
  • Interest Rates
  • Annual Option: 13%, 13.25% and 13.25% under 2, 3 and 5 years respectively
  • Cumulative Option: Double in 5 yrs and 6 months.
  • Minimum Investment: Rs 5,000/- and in multiple of Rs 1,000/- thereafter
  • Issue Format: Compulsary in dematerialized form
PUBLIC ISSUE BY MUTHOOT FINANCE LIMITED, (“COMPANY” OR “ISSUER”) OF SECURED NON-CONVERTIBLE DEBENTURES OF FACE VALUE OF Rs 1,000 EACH, (“NCDs”), AGGREGATING UPTO Rs 250 CRORE WITH AN OPTION TO RETAIN OVER-SUBSCRIPTION UPTO Rs 250 CRORE FOR ISSUANCE OF ADDITIONAL NCDS AGGREGATING TO A TOTAL OF UPTO Rs 500 CRORE, HEREINAFTER REFERRED TO AS THE “ISSUE”.
ISSUE OPENS ON : FRIDAY, MARCH 02, 2012
ISSUE CLOSES ON: SATURDAY, MARCH 17, 2012
NCD OptionsIIIIIIIV
Tenor 24 month36 month60 month66 month
Interest PaymentAnnualAnnualAnnualN/A
Face Value & Issue Price (Rs / NCD)Rs.1,000Rs.1,000Rs.1,000Rs.1,000
Minimum ApplicationRs.5,000Rs.5,000Rs.5,000Rs.5,000
In Multiples ofRs.1,000(1 NCD)Rs.1,000(1 NCD)Rs.1,000(1 NCD)Rs.1,000(1 NCD)
Credit Rating        ICRA ‘[ICRA] AA-/Stable’ for an amount of upto Rs 600 Crore                   CRISIL ‘CRISIL AA-/Stable’ for an amount of upto Rs 600 Crore
Issuance and Trading: Compulsorily in dematerialised form
Coupon (%) p.a.
Yield (%) (per annum)1313.2513.2513.43
Tenor24 Months36 Months60 Months66 Months
Redemption Amount (Per NCD)Repayment of the Face Value plus any interest that may have accrued at the Redemption DateRs.2,000
Issuance and TradingCompulsorily in Dematerlised form & BSE
Interest on Application Money / Refund13% per Annum from the date of realization of the cheque(s)/demand draft(s) or after 3 (three) days from the date of receipt of the application, whichever is later.
SecuritySecurity for the purpose of this Issue will be created in
accordance with the terms of the Debenture Trust Deed.

Saturday, February 25, 2012


subscription of MCX LTD @ 6.00 PM on 24/2/2012

QIB                                         :               49.12

HNI                                        :               150.35

RETAIL                                  :               23.80

Employee                            :               0.18

Overall                                  :               54.00

Friday, February 24, 2012


Posted: 24 Feb 2012 05:06 PM PST
After the success of Muthoot Fincorp NCD 2011, the company has again come up with 2012 NCD offering whopping 13.25% for both 18 months and 36 months (3 years) tenure. However, this time, the size of the issue is very small – 35 crores + 35 crores – with private placement. So, if you wish to invest, do it fast!
For Application Form, Email at Jainbroker@yahoo.in
Follow on Private Placement of Secured, Redeemable, Non-Convertible Debentures of face value of Rs. 10,000/ each at par aggregating  to Rs 35 Crores with a green shoe option of Rs 35 crores.

 Summary Term Sheet

ParticularsTerms
Issuer/BorrowerMUTHOOT FINCORP LTD
Issue Size Rs. 35 Crs with a green shoe option of Rs 35 Crores
Nature of InstrumentSecured, Redeemable, Non-Convertible Debentures
Credit Rating‘A+’ By Crisil Ltd
Instrument FormOnly in Dematerialized Form
Denomination of Instrument/Face Value per NCDDebentures shall have face value of Rs. 10,000/-
No. Of Debentures35000
Option
Option I
Option II
Tenure
18 Months
36 Months
Put & Call Option
None
None
Coupon Rate
13.25%
13.25%
Interest Payment
Annual
Annual
Redemption
At Par, At Redemption
At Par, At Redemption
Deemed Date of Allotment15 working days from the Issue closure date.
Interest on application moneyAt the Coupon rate from the date of realization of cheque(s)/RTGS upto one day prior to deemed date of allotment.
ListingOn the WDM Segment of BSE
TrusteesIL & FS Trust Company  Ltd
Issue Opens on20th  February 2012
Issue Closes on31st  March 2012

 Email to Jainbroker@yahoo.in for application form

All other terms remaining the same as per the Draft Disclosure Document dated 25thNovember 2011

Wednesday, February 22, 2012


MCX LIMITED
  Calculation for Retail Applications  
  No. of Shares
 Price
 
  Lower Band (Rs) Upper Band (RS.)Cut off  
  860 1032  
  6 5160 6192  
  12 10320 12384  
  18 15480 18576  
  24 20640 24768  
  30 25800 30960  
  36 30960 37152  
  42 36120 43344  
  48 41280 49536  
  54 46440 55728  
  60 51600 61920  
  66 56760 68112  
  72 61920 74304  
  78 67080 80496  
  84 72240 86688  
  90 77400 92880  
  96 82560 99072  
  102 87720 105264  
  108 92880 111456  
  114 98040 117648  
  120 103200 123840  
  126 108360 130032  
  132 113520 136224  
  138 118680 142416  
  144 123840 148608  
  150 129000 154800  
  156 134160 160992  
  162 139320 167184  
  168 144480 173376  
  174 149640 179568  
  180 154800 185760  
  186 159960 191952  
  192 165120 198144  
  198 170280 NA  
  204 175440 NA  
  210 180600 NA  
  216 185760 NA  
  222 190920 NA  
  228 196080 NA  
         
Issue open on  22/02/2012
Issue closes on 24/02/2012

Tuesday, February 21, 2012


Multi Commodity Exchange (MCX) IPO

Multi Commodity Exchange Limited, better known as MCX, is launching its IPO from 22-Feb-2012 to 24-Feb-2012. MCX, which incorporated in 2003, is the largest commodity exchange of India in terms of volumes. Financial technologies Limited is one of its key stakeholder. Following are the MCX’s world ranking:
  • No. 1 is silver trading
  • No. 2 in gold, copper and natural gas
  • No. 3 in crude oil
MCX has also been recognized as India’s first green exchange by Priyadarshini academy and its IPO has been assigned IPO Grade 5 by CRISIL, which means that the company has strong fundamentals

For Application form: Email at JAINBROKER@YAHOO.IN

IPO Details

  • Issue starting: 22 Feb 2012
  • Issue closing: 24 Feb 2012
  • Listing:  At BSE only (not NSE)
  • Face Value: Rs. 10 per equity share
  • Issue price: Rs 860/- to Rs 1032/-
  • Lot Size: 6 Shares and in multiple of 6 share thereafter
  • IPO Size: 6,427,378 Equity Shares of Rs. 10

Sunday, February 19, 2012


Posted: 15 Feb 2012 09:50 AM PST
Multi Commodity Exchange Limited, better known as MCX, is launching its IPO from 22-Feb-2012 to 24-Feb-2012. MCX, which incorporated in 2003, is the largest commodity exchange of India in terms of volumes. Financial technologies Limited is one of its key stakeholder. Following are the MCX’s world ranking:
  • No. 1 is silver trading
  • No. 2 in gold, copper and natural gas
  • No. 3 in crude oil
MCX has also been recognized as India’s first green exchange by Priyadarshini academy and its IPO has been assigned IPO Grade 5 by CRISIL, which means that the company has strong fundamentals

MCX IPO Application form and IPO analysis: Coming Soon

IPO Details

  • Issue starting: 22 Feb 2012
  • Issue closing: 24 Feb 2012
  • Listing at BSE only (not NSE)
  • Face Value: Rs. 10 per equity share
  • Issue price: (Rs 860/- to Rs 1024/-) subject to final confirmation
  • IPO Size: 6,427,378 Equity Shares of Rs. 10

Friday, February 10, 2012


Posted: 09 Feb 2012 03:09 PM PST
So many infrastructure bonds have launched this year. For each bond, investors need to track their details, application forms and then allotment status. So, we thought, we can combine all of them at one place so that investors like you can find all of them very easily. So, here we go with the compilation of infra bond scheme launched in financial year 2012 (April 2011 to March 2012), their application form and allotment status link
CompanyStatusApplication FormAllotment Status
IFCI Series 3ClosedEmailStatus
PFC Infra Bond 2011ClosedEmailStatus
IDFC Tranche-1 2011-12ClosedEmailStatus
L&T 2011-12 B Series Tranche 1ClosedEmailStatus
IFCI Series 4ClosedEmailNot Declared
REC Series 2011-12OpenEmail Not Declared
SREI Infra bonds Tranche 1OpenEmailNot Declared
PTC India (PFS) Series 2ClosedEmailStatus
L&T 2012A Tranche 2OpenEmail Not Declared
IDFC Tranche-2 2011-12OpenEmail Not Declared

Quality Company Deposits with Double Digit Return

by JAINBROKER

Company NameMin. AmountRate of Interest (%)Additional InterestRating
1 Year400 Days15 Months2 Years33 Months3 Years
DHFL AASHRAY Deposit -
400 Days
10000-10.75----0.50% additional for senior citizensCARE (AA+) FD
BWR FAAA
Gruh Finance Ltd20009.50--9.75-100.25% additional for senior citizensMAA+ (ICRA)
FAA+ (CRISIL)
HDFC Ltd - Platinum Deposits20000--10-10-0.25% additional for senior citizensFAAA (CRISIL)
MAAA (ICRA)
Mahindra Finance Samruddhi100009.50--10.25-10.500.25% additional for senior citizensFAAA (CRISIL)
Shriram Transport Unnati250009.25--9.75-10.750.25% additional for senior citizensFAA+/stable (CRISIL) MAA+/stable (ICRA)