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Muthoot Finance Ltd 25th Public Issue of Secured Redeemable Non-Convertible Debentures Oversubscribed on Day 1

As per the data available on the BSE on April 08,2021 at 5pm, against an issue size of Rs.1700crs, bids were made for Rs.2337crs

Muthoot Finance Ltd. 25th Public Issue of Secured Redeemable Non-Convertible Debentures (NCDs) of Rs.1700crs which opened today got oversubscribed on first day itself. As per the data available on the BSE on April 08,2021 at 5pm, against an issue size of Rs.1700crs, bids were made for Rs.2337crs. This was the first NCD Public Issue after Company’s credit rating got upgraded  to AA+ by CRISIL and ICRA.

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