Muthoot Finance has filed draft prospectus for a public issue of secured NCDs and unsecured NCDs aggregating upto Rs 1,500.00 million with an option to retain over-subscription upto Rs 1,500.00 million for issuance of additional Secured NCDs and Unsecured NCDs aggregating to a total of upto Rs 3,000.00 million.
Gold financing company Muthoot Finance has filed draft prospectus for a public issue of secured NCDs and unsecured NCDs aggregating upto Rs 150 crore with an option to retain over-subscription upto Rs 150 crore for issuance of additional secured NCDs and unsecured NCDs aggregating to a total of upto Rs 300 crore.
The face value of secured redeemable NCDs and unsecured redeemable NCDs has fixed at Rs 1000 per NCD with a minimum application of Rs 10,000.
The NCDs are proposed to be listed on the BSE.
The secured NCDs proposed to be issued under this issue have been rated as AA- by ICRA and CRISIL.
ICICI Securities Limited is the lead manager to the issue.
To read the full report click here
READ MORE ON Gold financing company Muthoot Finance, NCD, Draft Prospectus, BSE, CRISIL, ICRA, ICICI Securities Limited, Link Intime India Private Limited, IDBI Trusteeship Services Limited, debenture trustee, lead manager, registrar
Set email alert for
ADS BY GOOGLE
video of the day
Overweight on India; Nifty to scale even higher: Asianomics