Announced Wed, 16 Sept · 18:08 IST
Muthoot Cap Services raises up to Rs 150 Cr via NCD private placement 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
+0.0%1-day move
₹235.14
prior close
₹234.02
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.8+0.8-1.3+0.0-2.6————————
Up moveDown movePending
AI summary
Muthoot Capital Services board committee approved issue of up to Rs 150 Cr senior secured NCDs on private placement basis. Base size Rs 75 Cr with Rs 75 Cr green shoe option. 15,000 NCDs at face value Rs 1 lakh each. Coupon 9.25 percent per annum paid quarterly, 24-month tenor maturing September 2028, AA- rated, listed on BSE. Secured by company assets with 1.1 times asset cover.
Likely market impact
Modest fundraising via NCDs. 9.25% coupon is standard for NBFC debt. Limited dilution risk, signals steady business growth and capital adequacy.