Mufin Green raises INR 55 Cr via NCD private placement at 10 percent coupon

Fund Raising View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹128.36

prior close

₹128.20

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.6% vs market

Non Banking Financial Company (NBFC) peers, median of 214sector+0.0%-0.3% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.3 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.1

15m

+0.2

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.3-0.6+0.0-0.3

Next day

-1.7-0.9-0.8-0.2-1.5

-2.2-1.5-0.7-0.6-1.7

-3.7-1.1-2.6-1.0-2.7

-2.1+0.2-2.3+0.0-2.1

-3.5-1.1-2.4-1.2-2.3

-0.2-1.2+1.0-0.7+0.6

15d

+5.4+3.1+2.3-0.9+6.3

+8.3+4.5+3.8-1.0+9.3

+2.6+4.5-1.9-1.6+4.2

+4.6-2.2+6.8-4.9+9.5

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 214Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.