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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
| Particulars | Terms |
| Issuer/Borrower | MUTHOOT FINCORP LTD |
| Issue Size | Rs. 35 Crs with a green shoe option of Rs 35 Crores |
| Nature of Instrument | Secured, Redeemable, Non-Convertible Debentures |
| Credit Rating | ‘A+’ By Crisil Ltd |
| Instrument Form | Only in Dematerialized Form |
| Denomination of Instrument/Face Value per NCD | Debentures shall have face value of Rs. 10,000/- |
| No. Of Debentures | 35000 |
| Option |
Option I
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Option II
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| Tenure |
18 Months
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36 Months
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| Put & Call Option |
None
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None
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| Coupon Rate |
13.25%
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13.25%
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| Interest Payment |
Annual
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Annual
|
| Redemption |
At Par, At Redemption
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At Par, At Redemption
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| Deemed Date of Allotment | 15 working days from the Issue closure date. |
| Interest on application money | At the Coupon rate from the date of realization of cheque(s)/RTGS upto one day prior to deemed date of allotment. |
| Listing | On the WDM Segment of BSE |
| Trustees | IL & FS Trust Company Ltd |
| Issue Opens on | 20th February 2012 |
| Issue Closes on | 31st 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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