Muthoot Finance, the largest gold financing company plans to issue NCDs aggregating up to Rs 250 crore with an option to retain over-subscription up to Rs 250 crore for issue of additional NCDs, aggregating to a total of up to Rs 500 crore. The issue is expected to be launched in the February-March.
The lead managers to the issue will be ICICI Securities, HDFC Bank, JM Financial Consultants, Karvy Investor Services, RR Investors Capital Services and YES Bank. Earlier in the months of August 2011 and January 2012, the company raised Rs 693 crore and Rs 459 crore, respectively through similar issues.
Through this issue the company aims to diversify the resource profile of the company as well as to seek wider participation from retail investors. It expects issue to provide an attractive investment option to retail investors, HNIs, corporates and institutions.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 955.05 |
| Shriram Finance | 1007.95 |
| Aditya Birla Capital | 363.05 |
| Chola Invest & Fin. | 1676.05 |
| Tata Capital | 321.70 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: