Mobile Number Updation

  
 Issuer  Muthoot Finance Ltd ( View Report )
 Issue Size  Base Issue of Rs. 100 crores with an option to retain oversubscription upto Rs. 900 crores aggregating to Rs. 1000 crores.
 Issue

Public Issue by the Company of secured redeemable non-convertible debentures of face value of Rs1,000 each (“NCDs”) for an amount of Rs 100 crore (“Base Issue”) with an option to retain oversubscription up to Rs 900 crore aggregating upto 10,000,000 NCDs amounting to RS 1,000 crore (“Tranche II Issue Limit”) (“Tranche II Issue”) which is within the shelf limit of Rs 4,000 crore and is being offered by way of the Tranche II Prospectus dated May 03, 2019 containing, inter alia, the terms and conditions of this Tranche II Issue (“Tranche II Prospectus”), which should be read together with the Shelf Prospectus dated February 05, 2019 (“Shelf Prospectus”) filed with the Registrar of Companies, Kerala and Lakshadweep, the Stock Exchange and the SEBI.
 Rating

 “CARE AA; Positive” and “CRISIL AA/Stable”
 Issue  opens

 Friday, 10th May 2019
 Issue  closes  Monday, 10th June 2019
 Issue Price  Rs. 1,000 per NCD
 Minimum  Application   Rs. 10,000/- (10 NCDs) across all Series and in multiples of 1 (one) NCD of Rs 1,000/- each thereafter
 Listing  The NCDs are proposed to be listed on BSE.
 


SPECIFIC TERMS FOR EACH SERIES OF NCDs
 
 Terms and conditions in connection with Secured NCDs****Options  I II III IV V VI VII VIII IX X
 Frequency of interest Payment Monthly* Monthly*  Monthly* Annually**  Annually** Annually** N.A. N.A. N.A. N.A.
 Minimum Application  Rs. 10,000/- (10 NCD) across all series collectively
 In Multiples of thereafter (`)  1,000/- (1 NCD) 
 Tenor from Deemed Date of Allotment   24 months  38 months  60 months  24 months  38 months  60 months  24 months  38 months  60 months 90 months
Coupon Rate 9.25% 9.50% 9.75% 9.50% 9.75% 10.00% NA NA NA NA
 Effective Yield (per annum) ***** 9.25% 9.50% 9.75% 9.50% 9.75% 10.00% 9.25% 9.50% 9.75% 9.67%
 Mode of payment Through various options available
 Amount (Rs./ NCD) on Maturity*** Rs. 1,000 Rs. 1,000 Rs. 1,000 Rs. 1,000 Rs. 1,000 Rs. 1,000 Rs. 1,193.56 Rs.1,333.72 Rs. 1,592.29 Rs. 2,000
 Put and Call Option N.A

* With respect to Options where interest is to be paid on a monthly basis, relevant interest will be calculated from the first day till the last date of every month during the tenor of such NCDs, and paid on the first day of every subsequent month. For the first interest payment for NCDs under the monthly options, interest from the Deemed Date of Allotment till the last day of the subsequent month will be clubbed and paid on the first day of the month next to that subsequent month.

** With respect to Options where interest is to be paid on an annual basis, relevant interest will be paid on each anniversary of the Deemed Date of Allotment on the face value of the NCDs. The last interest payment under annual Options will be made at the time of redemption of the NCDs.

***Subject to applicable tax deducted at source, if any

**** Please refer to Schedule A for details pertaining to the cash flows of the Company in accordance with the SEBI circular bearing number CIR/IMD/DF/18/2013 dated October 29, 2013 and CIR/IMD/DF-1/122/2016 dated November 11, 2016.
***** On Options I, II and III, monthly interest payment is not assumed to be reinvested for the purpose of calculation of Effective Yield (per annum).

The Company would allot the Option IV NCDs, as specified in this Tranche II Prospectus to all valid Applications, wherein the Applicants have not indicated their choice of the relevant option of NCDs.

How To Invest in NCD's:

  201404210316526522603845   201404210316526522603171   201404210316526522603762  

Open Account Now