The post Vivriti Capital Limited NCD 2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>Five separate series of NCDs are being issued, with terms varying 18 and 24 months and coupons ranging from 9.57 % p.a. to 10.50 % p.a. The maximum amount the company hopes to raise is Rs 250 crore with a Face value of Rs. 1000 each NCD and a minimum lot size of 10 NCD. The NCDs have a redeemable and secure nature. Let’s investigate more details and get into greater detail about this NCD issue.
Established in 2017, Vivriti Capital Limited extends lending solutions to mid-market enterprises across India. The company holds RBI registration as a significant non-deposit-taking non-banking financial company (NBFC-NDSI).
Vivriti Capital offers a spectrum of financial products including term loans, working capital demand loans, co-lending partnerships, securitization, supply chain finance, and investment in bonds and commercial paper. These offerings serve entities without easy access to banking finance due to either unrated status or limited ratings, primarily in urban/semi-urban areas. Their clientele spans various sectors such as healthcare, pharma, logistics, manufacturing, and more. As of March 31, 2023, Vivriti Capital held outstanding loan assets of ₹450,873.24 lakh, investments in bonds, securitizations, and commercial paper of ₹132,706.77 lakhs, and an AUM of ₹583,580.01 lakhs.
With credit ratings of A (stable outlook) by ICRA Limited and A (positive outlook) by CARE Ratings, Vivriti Capital operates across multiple states including Tamil Nadu, Maharashtra, Karnataka, Rajasthan, and Delhi.
| Issue Type | Secured, Redeemable, Non-Convertible Debentures |
| Issue Company | Vivriti Capital Limited |
| Issue Open | August 18th, 2023 |
| Issue Close | August 31st, 2023 |
| Coupon Rate (ROI) | 9.57 % p.a. to 10.50 % p.a. |
| Face Value | Rs. 1000 |
| Issue Price | Rs. 1000 |
| Issue Size | Base – Rs. 250.00 Cr. |
| Minimum Order Quantity | 10 NCDs (Rs. 10,000) |
| Listing | BSE |
| Listing Date | Within 6 Working Days of Issue Closing Date |
The proceeds from the Issue will be used as follows, as stated by the company:
This NCD issue has been rated ICRA A (Stable) by ICRA Limited and CARE A+ by CARE Ratings Limited.
The lead manager for this NCD issue is Jm Financial Limited.
Vivriti Capital Limited NCD 2023 – Registrar of the Issue
The registrar of this NCD issue is Integrated Registry Management Services Private Limited.
The trustee of this debenture issued by Vivriti Capital Limited is Catalyst Trusteeship Limited.
Please click here to read the final issue prospectus for detailed information on Vivriti Capital Limited NCD issue 2023.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Investment in securities is subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
The post Vivriti Capital Limited NCD 2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>The post Cholamandalam NCD July 2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>Six separate series of NCDs are being issued, with terms varying 22, 37 and 60 months and coupons ranging from 8.25 % p.a. to 8.40 % p.a. The maximum amount the company hopes to raise is Rs 10,000 crore with a Face value of Rs. 1000 each NCD and a minimum lot size of 10 NCD. The NCDs have a redeemable and secure nature. Let’s investigate more details and get into greater detail about this NCD issue.
Cholamandalam Investment and Finance Co Ltd, founded in 1978, serves as the financial services arm of the Murugappa Group. It operates in India and has subsidiaries, including Cholamandalam Securities Limited (CSEC) and Cholamandalam Home Finance Limited (CHFL). Chola operates an extensive network of more than 1,166 branches throughout India, managing assets totaling over INR 1,03,789 Crores. With a vast customer base, the company serves over 21 lakh customers across the country.
The company’s main segments consist of vehicle finance loans (for vehicles, tractors, and construction equipment), home loans (for residential property acquisition), loan against property (using immovable property as collateral), and other loans (including loans against shares and SME loans). Additionally, it provides investment advisory and stockbroking services. Its operations are exclusively based in India.
| Issue Type | Secured, Redeemable, Non-Convertible Debentures |
| Issue Company | Cholamandalam Investment and Finance Company Limited |
| Issue Open | July 28th, 2023 |
| Issue Close | August 10th, 2023 |
| Coupon Rate (ROI) | 8.25 % p.a. to 8.40 % p.a. |
| Face Value | Rs. 1000 |
| Issue Price | Rs. 1000 |
| Issue Size | Shelf – Rs. 5000 Cr Base – Rs. 500 Cr. |
| Minimum Order Quantity | 10 NCDs (Rs. 10,000) |
| Listing | BSE and NSE |
| Listing Date | Within 6 Working Days of Issue Closing Date |
The proceeds from the Issue will be used as follows, as stated by the company:
This NCD issue has been rated ICRA AA+ (Stable) by ICRA Limited and IND AA+ (Stable) by India Ratings & Research Private Limited.
The lead manager for this NCD issue is A.K. Capital Services Limited.
The registrar of this NCD issue is Kfin Technologies Limited.
The trustee of this debenture issued by Cholamandalam Investment and Finance Company Limited is Idbi Trusteeship Services Ltd.
Please click here to read the final issue prospectus for detailed information on Cholamandalam Investment and Finance Company Limited NCD issue 2023.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Investment in securities is subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
The post Cholamandalam NCD July 2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>The post Power Finance Corporation Limited NCD 2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>Three separate series of NCDs are being issued, with terms varying 3, 10 and 15 years and coupons ranging from 7.45 % p.a. to 7.55 % p.a. The maximum amount the company hopes to raise is Rs 10,000 crore with a Face value of Rs. 1000 each NCD and a minimum lot size of 10 NCD. The NCDs have a redeemable and secure nature. Let’s investigate more details and get into greater detail about this NCD issue.
Power Finance Corporation Limited (PFC), incorporated in 1986, is a leading financial institution in India, specializing in the power sector. PFC collaborates with government agencies, state governments, power utilities, and private sector clients to develop and implement policies and reforms in the power sector.
Registered with the RBI as a non-deposit taking systemically important NBFC, PFC attained ‘Navratna’ status in 2007. It offers a comprehensive range of financial products and services, including project support from conceptualization to post-commissioning stages, various forms of fund-based and non-fund-based assistance, and fee-based technical advisory services through its subsidiary, PFC Consulting Limited.
| Issue Type | Secured, Redeemable, Non-Convertible Debentures |
| Issue Company | Power Finance Corporation Limited |
| Issue Open | July 21st, 2023 |
| Issue Close | July 28th, 2023 |
| Coupon Rate (ROI) | 7.45 % p.a. to 7.55 % p.a. |
| Face Value | Rs. 1000 |
| Issue Price | Rs. 1000 |
| Issue Size | Shelf – Rs. 10,000 Cr. |
| Minimum Order Quantity | 10 NCDs (Rs. 10,000) |
| Listing | BSE |
| Listing Date | Within 6 Working Days of Issue Closing Date |
The proceeds from the Issue will be used as follows, as stated by the company:
This NCD issue has been rated CRISIL AAA/Stable by CRISIL Ratings Limited.
The lead manager for this NCD issue is Jm Financial Limited, A.K. Capital Services Limited, Smc Capitals Limited, Trust Investment Advisors Private Limited and Nuvama Wealth Management Limited.
The registrar of this NCD issue is Kfin Technologies Limited.
The trustee of this debenture issued by Power Finance Corporation Limited is Beacon Trusteeship Limited.
Please click here to read the final issue prospectus for detailed information on Power Finance Corporation Limited NCD issue 2023.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Investment in securities is subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
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]]>The post Indiabulls Housing Finance Limited NCD July-2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>Eight separate series of NCDs are being issued, with terms varying from 24 months to 60 months and coupons ranging from 8.88 % p.a. to 10.15 % p.a. The maximum amount the company hopes to raise is Rs 900 crore with a Face value of Rs. 1000 each NCD and a minimum lot size of 10 NCD. The NCDs have a redeemable and secure nature. Let’s investigate more details and get into greater detail about this NCD issue.
Established in 2005, Indiabulls Housing Finance Limited is a prominent mortgage lending company in India and serves as the flagship entity of the Indiabulls Group. With a comprehensive range of services including Home Loans, Home Renovation Loans, Rural Home Loans, and Home Extension Loans, they cater to diverse housing finance needs. With a pan-India presence, the company operates through a network of 164 branches, enabling direct interaction and efficient customer service. They boast a dedicated sales team of 2,200 employees spread across their branch network.
Indiabulls Housing Finance Limited holds impressive credit ratings, with “AA; Outlook Stable” from CRISIL and ICRA, “AA; Outlook Negative” from CARE Ratings, and “AA+; Outlook Stable” from Brickwork Ratings for their non-convertible debentures and subordinated debt program.
| Issue Type | Secured, Redeemable, Non-Convertible Debentures |
| Issue Company | Indiabulls Housing Finance Limited |
| Issue Open | July 10th, 2023 |
| Issue Close | July 21st, 2023 |
| Coupon Rate (ROI) | 8.88 % p.a. to 10.15 % p.a. |
| Face Value | Rs. 1000 |
| Issue Price | Rs. 1000 |
| Issue Size | Base – Rs. 200 Cr., Shelf – Rs. 2000 Cr. |
| Minimum Order Quantity | 10 NCDs (Rs. 10,000) |
| Listing | BSE, NSE |
| Listing Date | Within 6 Working Days of Issue Closing Date |
The proceeds from the Issue will be used as follows, as stated by the company:
This NCD issue has been rated CRISIL AA/Stable by CRISIL Ratings Limited.
The lead manager for this NCD issue is Edelweiss Financial Services Ltd, Elara Capital (India) Private and Trust Investment Advisors Private Limited.
The registrar of this NCD issue is Kfin Technologies Limited
The trustee of this debenture issued by Indiabulls Housing Finance Limited is Idbi Trusteeship Services Ltd.
Please click here to read the final issue prospectus for detailed information on Indiabulls Housing Finance Limited NCD issue 2023.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Investment in securities is subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
The post Indiabulls Housing Finance Limited NCD July-2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>The post Navi Finserv Limited NCD July-2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>Five separate series of NCDs are being issued, with terms varying from 18 months to 36 months and coupons ranging from 10.18 % p.a. to 11.01 % p.a. The maximum amount the company hopes to raise is Rs 500 crore with a Face value of Rs. 1000 each NCD and a minimum lot size of 10 NCD. The NCDs have a redeemable and secure nature. Let’s investigate more details and get into greater detail about this NCD issue.
Navi Finserv Limited, established in 2012, specializes in providing Financial Services. Through their mobile application, Navi app, they offer Digital Personal Loans, Housing Loans, and Loans Against Property. As a registered non-deposit taking NBFC under RBI, they operate as a wholly owned subsidiary of Navi Technologies Limited. Formerly known as Chaitanya Rural Intermediation Development Services Private Limited, Navi Finserv follows a mobile-first, app-only approach for personal and home loans. They have approved personal loans in 84% of Indian pin codes and have disbursed home loans in 8 cities as of December 31, 2021.
| Issue Type | Secured, Redeemable, Non-Convertible Debentures |
| Issue Company | Navi Finserv Limited |
| Issue Open | July 10th, 2023 |
| Issue Close | July 21st, 2023 |
| Coupon Rate (ROI) | 10.18 % p.a. to 11.01 % p.a. |
| Face Value | Rs. 1000 |
| Issue Price | Rs. 1000 |
| Issue Size | Base – Rs. 250 Cr., Shelf – Rs. 500 Cr. |
| Minimum Order Quantity | 10 NCDs (Rs. 10,000) |
| Listing | BSE, NSE |
| Listing Date | Within 6 Working Days of Issue Closing Date |
The proceeds from the Issue will be used as follows, as stated by the company:
This NCD issue has been rated CRISIL A/Stable by CRISIL Ratings Limited.
The lead manager for this NCD issue is Jm Financial Limited
The registrar of this NCD issue is Link Intime India Private Ltd
The trustee of this debenture issued by Navi Finserv Limited is Catalyst Trusteeship Limited.
Please click here to read the final issue prospectus for detailed information on Navi Finserv Limited NCD issue 2023.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Investment in securities is subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
The post Navi Finserv Limited NCD July-2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>The post Edelweiss Financial Services Limited NCD 2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>Ten separate series of NCDs are being issued, with terms varying from 24 months to 120 months and coupons ranging from 8.94 % p.a. to 10.46 % p.a. The maximum amount the company hopes to raise is Rs 150 crore with a Face value of Rs. 1000 each NCD and a minimum lot size of 10 NCD. The NCDs have a redeemable and secure nature. Let’s investigate more details and get into greater detail about this NCD issue.
Edelweiss Financial Services Limited (EFSL), a Mumbai-based investment banking firm and Merchant Banker, has been a prominent player in the financial industry since its establishment in 1995. Over the years, Edelweiss has diversified its operations and expanded into various sectors, including credit (both retail and corporate), wealth management, asset management, asset reconstruction, and insurance (including life and general insurance) through its subsidiary companies.
With a vast presence across India and abroad, Edelweiss boasts a robust network of around 300 offices situated in approximately 126 cities within India, along with three international locations. This extensive reach enables the company to cater to a broad range of clients and serve their financial needs effectively. Additionally, Edelweiss takes pride in its dedicated workforce, comprising approximately 8,500 employees who contribute their expertise to the company’s growth and success.
In 2007, Edelweiss made the strategic decision to become a publicly-traded company, signaling its commitment to transparency and accountability in its operations.
| Issue Type | Secured, Redeemable, Non-Convertible Debentures |
| Issue Company | Edelweiss Financial Services Limited |
| Issue Open | July 4th, 2023 |
| Issue Close | July 17th, 2023 |
| Coupon Rate (ROI) | 8.94 % p.a. to 10.46 % p.a. |
| Face Value | Rs. 1000 |
| Issue Price | Rs. 1000 |
| Issue Size | Base – Rs. 300 Cr., Shelf – Rs. 1000 Cr. |
| Minimum Order Quantity | 10 NCDs (Rs. 10,000) |
| Listing | BSE |
| Listing Date | Within 6 Working Days of Issue Closing Date |
The proceeds from the Issue will be used as follows, as stated by the company:
This NCD issue has been rated AA-/Negative by CRISIL Ratings Limited.
The lead manager for this NCD issue is Equirus Capital Private Limited
The registrar of this NCD issue is Kfin Technologies Limited
Edelweiss Financial Services Limited NCD 2023 – Debenture Trustee
The trustee of this debenture issued by Edelweiss Financial Services Limited is Beacon Trusteeship Limited
Please click here to read the final issue prospectus for detailed information on Edelweiss Financial Services Limited NCD issue 2023.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Investment in securities is subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
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]]>The post IIFL Finance NCD 2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>Founded in 1995, IIFL Finance Limited is a prominent Non-Banking Financial Company (NBFC-ND-SI) based in Mumbai, India. They offer a comprehensive suite of financial products catering to a diverse customer base. Their product portfolio includes home loans, gold loans, business loans (including loans against property and financing for medium and small enterprises), microfinance, construction and real estate finance, and capital market finance. With a strong foothold in the financial services sector, IIFL Finance serves both retail and corporate clients.
As of March 31, 2023, their consolidated assets under management reached ₹64,637.64 crores, reflecting steady growth over the years. The company operates through its subsidiaries, including IIFL Home Finance Limited, IIFL Samasta Finance Limited, and IIFL Open Fintech Private Limited, with a widespread presence through 3,119 branches across 500+ cities nationwide.
| Issue Type | Secured, Redeemable, Non-Convertible Debentures |
| Issuer Company | IIFL Finance Limited |
| Issue Opens | 9-June-2023 |
| Issue Closes | 22-June-2023 |
| Coupon Rate (ROI) | Up to 9.00% |
| Face Value | Rs 1,000 |
| Issue Price | Rs 1,000 |
| Minimum Order Quantity | 10 NCD (Rs 10,000) |
| Issue Size | Base – 300 Cr, Shelf – 5000 Cr |
| Listing | BSE |
| Listing Date | Within 6 Working Days of Issue Closing Date |
The Company proposes to utilize the funds towards funding the following objects:
This NCD issue has been rated CRISIL AA/Stable by Crisil Ratings Limited.
IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane – 400
Phone: +91 22 4103 5000
Email: [email protected]
Website: http://www.iifl.com
The lead manager for this upcoming NCD issue are:
The registrar of this upcoming IPO issue is Link Intime India Pvt Ltd.
Please click here to read the final issue prospectus for detailed information on Sakthi Finance NCD issue 2023.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Investment in securities is subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor for necessary suggestions.
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]]>The post Indel Money NCD 2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>Indel Money Limited, established in 1986, is a reputable non-deposit-taking non-banking finance company (NBFC) regulated by the RBI. Specializing in gold loans, the company provides financial assistance by accepting gold jewelry as collateral. Additionally, they offer loans against property, business loans, and personal loans.
Catering primarily to customers in rural and semi-urban areas, Indel Money Limited operates through 191 branches across states such as Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, and the union territory of Puducherry. Their centralized web-based IT platform efficiently manages loan-related data across all branches. The company has also introduced user-friendly mobile applications available on the Google Play Store and iOS App Store. To further streamline operations, they have developed a web-based payment portal called E-Connect.
Indel Money Limited’s competitive strengths include being a prominent non-deposit-taking NBFC in the gold loan sector of South India, boasting a strong operating history. Their long-term gold loan schemes are highly beneficial for customers, and the convenience of doorstep loan delivery adds to their appeal. With an extensive and expanding branch network in rural and semi-urban regions of South India, the company is supported by an experienced management team and skilled personnel.
| Issue Type | Secured, Redeemable, Non-Convertible Debentures |
| Issuer Company | Indel Money Limited |
| Issue Opens | 6-June-2023 |
| Issue Closes | 19-June-2023 |
| Coupon Rate (ROI) | Up to 11.50% |
| Face Value | Rs 1,000 |
| Issue Price | Rs 1,000 |
| Minimum Order Quantity | 10 NCD (Rs 10,000) |
| Issue Size | Base – 50 Cr, Shelf – 100 Cr |
| Listing | BSE |
| Listing Date | Within 6 Working Days of Issue Closing Date |
The Company proposes to utilize the funds towards funding the following objects:
This NCD issue has been rated BBB +/Stable by Crisil Ratings Limited.
Address: Indel Money Limited, Office No.301, Floor No.3, Sai Arcade N.S Road, Mulund West, Mumbai – 400 080
Phone: +91 484 293 3989
Email: [email protected]
Website: http://www.indelmoney.com/
The lead manager for this upcoming IPO issue is Vivro Financial Services Private Limited
The registrar of this upcoming IPO issue is Link Intime India Pvt Ltd.
Please click here to read the final issue prospectus for detailed information on Indel Money NCD issue 2023.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Investment in securities is subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor for necessary suggestions.
The post Indel Money NCD 2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>The post Cholamandalam Investment NCD 2023 – Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>Cholamandalam Investment and Finance Company Limited (Chola) is a financial services company that provides vehicle finance, home loans, SME loans, investment advisory services, stock broking, and other financial services. Established in 1978, it is the financial services arm of the Murugappa Group. Chola has over 1,166 branches across India and assets under management worth over INR 1,03,789 crores.
The company serves more than 21 lakh customers across the country. Chola has a strong presence in the Indian financial market and continues to expand its portfolio of financial products and services.
| Issue Type | Secured, Rated, Listed, Redeemable, Non-Convertible Debentures |
| Issue Company | Cholamandalam Investment and Finance Company Limited |
| Issue Open | April 25, 2023 |
| Issue Close | May 9, 2023 |
| Coupon Rate (ROI) | 8.25% to 8.40% |
| Face Value | Rs. 1000 |
| Issue Price | Rs. 1000 |
| Issue Size | Rs 1,000 Cr |
| Minimum Order Quantity | 10 NCDs (Rs. 10,000) |
| Listing | BSE, NSE |
| Listing Date | Within 6 Working Days of Issue Closing Date |
The following are the objectives of this NCD issue by Cholamandalam Investment and Finance Company Limited:-
This Cholamanfalam NCD has been given IND AA+/Stable by India Ratings & Research Private Limited and [ICRA]AA+ (Stable) by ICRA Limited.
The lead manager of this NCD issue is A. K. Capital Services Limited.
The registrar of this issue is KFin Technologies Limited.
The trustee of this debenture is IDBI Trusteeship Services Limited.
Please click here to read the final issue prospectus for detailed information on Cholamandalam Investment NCD 2023.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Investment in securities is subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
The post Cholamandalam Investment NCD 2023 – Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>The post Muthoot Fincorp NCD 2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
]]>Muthoot Fincorp Limited, incorporated in 1997, is an NBFC that does not accept deposits. Gold ornaments and jewellery are used as collateral for the company’s loans to consumers and small businesses. Individuals can get the short-term cash they need with the gold loan product, which can be used for either personal or commercial purposes. As of December 31, 2022, the company’s Gold loan portfolio had 32.89 lakhs of loan accounts. Including 168 contracted experts, the organization had 15,079 employees and 3,627 branches as of December 31, 2022. This included locations in 24 states and the union territory of the Andaman and Nicobar Islands.
The Company is a sub-agent for many recognized money transfer organizations, therefore in addition to its Gold lending business, it also offers foreign exchange conversion and money transfer services. The following are further pursuits in which Muthoot Fincorp is involved:
The company’s wind farms in Tamil Nadu produce and sell wind energy, while the company also engages in the real estate market via joint venture developers who build on land it owns.
| Issue Type | Secured, Redeemable, Non-Convertible Debentures |
| Issue Company | Muthoot Fincorp Limited |
| Issue Open | April 12, 2023 |
| Issue Close | April 26, 2023 |
| Coupon Rate (ROI) | 8.10% to 8.83% |
| Face Value | Rs. 1000 |
| Issue Price | Rs. 1000 |
| Issue Size | Base – Rs. 150 Cr., Shelf – Rs. 300 Cr. |
| Minimum Order Quantity | 10 NCDs (Rs. 10,000) |
| Listing | BSE |
| Listing Date | Within 6 Working Days of Issue Closing Date |
The proceeds from the Issue will be used as follows, as stated by the company:
This NCD issue has been rated AA-/Stable by CRISIL Ratings Limited.
The lead manager for this NCD issue is Smc Capitals Limited.
The registrar of this NCD issue is Integrated Registry Management Services Private Limited
Muthoot Fincorp Ltd. NCD 2023 – Debenture Trustee
The trustee of this debenture issued by Muthoot Fincorp Limited is Vardhman Trusteeship Private Limited
Please click here to read the final issue prospectus for detailed information on Muthoot Fincorp Ltd. NCD issue 2023.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Investment in securities is subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor for necessary suggestions.
The post Muthoot Fincorp NCD 2023 – Coupon Rate, Issue Dates, Issue Prospectus appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.
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