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

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