{"id":2753,"date":"2020-12-18T10:53:42","date_gmt":"2020-12-18T10:53:42","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=2753"},"modified":"2026-04-09T12:30:44","modified_gmt":"2026-04-09T12:30:44","slug":"ipo-muthoot-finance-limited-issuing-ncds-at-7-75-coupon-annually-should-you-invest","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/muthoot-finance\/ipo-muthoot-finance-limited-issuing-ncds-at-7-75-coupon-annually-should-you-invest\/","title":{"rendered":"IPO: Muthoot Finance Limited issuing NCDs at 7.75% coupon annually. Should you invest?"},"content":{"rendered":"

\"\"<\/p>\n

Details: Muthoot is issuing secured and redeemable non-convertible–debentures with a coupon of 6.75 to 7.75%pa.\u00a0<\/span><\/p>\n

Ratings: Muthoot Finance NCD is rated AA by CRISIL.\u00a0<\/span><\/p>\n

Usage of funds raised: The net proceeds will be utilized for lending (minimum of 75% of the amount raised) and general corporate purposes (not more than 25% of the amount raised).\u00a0<\/span><\/p>\n

Issue Size: The base size of the issue is 100 crores, but it has a greenshoe option of 900 crores.\u00a0<\/span><\/p>\n

Issue Closure Date: 5th January 2020. Can close before this date itself in case the issue receives oversubscription before 5th January 2020.<\/span><\/p>\n

 <\/p>\n

<\/h1>\n

<\/h1>\n
\n
\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n