Announced Tue, 21 Jul · 13:20 IST
Mufin Green raises INR 55 Cr via NCD private placement at 10 percent coupon
Fund Raising View source PDF
MUFIN · price
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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹128.36
prior close
₹128.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.1+0.2+0.3-1.7-2.2-3.7-2.1——————
Up moveDown movePending
AI summary
Mufin Green Finance has allotted 55,000 secured, rated, listed, redeemable non-convertible debentures on private placement basis at a face value of INR 10,000 each, raising a total of INR 55 crore. The NCDs carry a 10 percent annual coupon paid monthly, have a 15 month tenure maturing on 21 October 2027, and are secured by hypothecation of receivables and book debts. The instruments are proposed to be listed on BSE.
Likely market impact
Adds INR 55 crore to borrowings at 10 percent cost with 15 month maturity; increases interest outflow but no equity dilution.