9.25% Muthoot Finance NCD Issue Jan 2017 – Details & Review
Muthoot Finance has opened its public issue of NCDs on 17th Jan 2017. This NCD issue is offering yield upto 9.25% and have 11 different investment options.
Latest NCD issue of Reliance Home Finance (22nd Dec 2016) was over-subscribed 3 times the issue size on day one itself. NCD issue of SREI Equipment finance was subscribed in 4 days only.
In this post, I am trying to put details around how good this Muthoot Finance NCD is ? What are the postive and negative factors of Muthoot Finance NCD? Who should invest in Muthoot Finance NCD?
Key Features of Muthoot Finance NCD
NCD Issue Open: 17-Jan-2017
NCD Issue Closing date: 17-Feb- 2017 (but expected to subscribe early)
Type of Instrument: Secured redeemable non-convertible debentures (NCD) for 18-60 months, Unsecured for 96 months....