Muthoot Finance NCD – Should I Subscribe?

POSTED BY dweep ON August 22, 2011 7:46 am COMMENTS (2)

ISSUE SALIENT FEATURES :

  • Issue Period: 23 Aug 2011 to 05 Sept 2011
  • Issue Size: Rs 1000 crore
  • NCDs are allotted on First-come-first-serve basis
  • The NCD bear an attractive coupon rate of ranging from 11.75% p.a. to 12.25%p.a
  • Credit Ratings of ‘AA-/Stable’ by CRISIL and ‘[ICRA] AA-(stable)’ by ICRA

Should I Subscribe?

2 replies on this article “Muthoot Finance NCD – Should I Subscribe?”

  1. mahesh K kamble says:
    August 22, 2011 at 10:57 pm

    It is Non Convertible debenture-It will not be converted into Shares

    Reply
  2. Manish Chauhan says:
    August 22, 2011 at 6:36 pm

    Dweep

    The first question to you is do you understand what is NCD ?

    Manish

    Reply

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