Announced Tue, 18 Aug · 11:29 IST
Muthoot Cap raises up to Rs 100 Cr via NCDs at 9.25%
MUTHOOTCAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.9%1-day move
₹259.00
prior close
₹256.82
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.6-0.4-0.9-3.9-2.2-2.3-4.2-5.4-7.1-9.6-9.2——
Up moveDown movePending
AI summary
Muthoot Capital Services board approved issuing senior secured NCDs up to Rs 100 crore on private placement basis. Size is 1 lakh NCDs of Rs 10,000 face value each. Tenure is 36 months, coupon 9.25% pa paid monthly, principal repayable as bullet at maturity. Rated AA minus, to be listed on BSE. Allotment on Aug 24, 2026 and maturity on Aug 24, 2029. Secured by pari passu charge on loan receivables and current assets with 1.1 times asset cover.
Likely market impact
Adds up to Rs 100 crore to company debt; no equity dilution as NCDs are non-convertible. Coupon of 9.25% indicates moderate borrowing cost.