Incorporated in 1997, Muthoot Fincorp Limited is a non-deposit-taking NBFC. The company primarily offers personal and business loans secured by gold ornaments and jewelry. The gold loan product is available for personal and business purposes to meet individuals' short-term liquidity requirements.
The company's gold loan portfolio comprised around 31.83 lakhs and 30.46 lakhs of loan accounts as of June 30, 2024, and March 31, 2024, respectively.
As on June 30, 2024, the Company had 3,694 branches across 24 states, including the Union Territory of Andaman and Nicobar Islands and the National Capital Territory of Delhi, and employed 23,000 people, including 97 contracted experts, in its operations.
The company offers the following gold loanproducts, among others:
- (i) Muthoot Blue Guide Gold Loans
- (ii) Muthoot Blue Bright Gold Loan
- (iii) Muthoot Blue Power Gold Loan
- (iv) Muthoot Blue Bigg Gold Loan
(v) Muthoot Blue Smart Gold Loan 24x7 Express Gold Loan
(vi) Apart from gold loans, the company also offers foreign exchange and money transfer services as a sub-agent of various registered money transfer agents. Muthoot Fincorp also operates in the following business segments:
Generation and sale of wind energy through its wind farms in Tamil Nadu; and real estate business through joint venture developers of the company's own properties.
Objectives of the Issue
The following table details the objects of this Tranche I and the amount to be financed from the Net Proceeds:
• For the purpose of on-lending, financing, and repayment/prepayment of interest and principal amounts of existing loan liabilities of the Company
• General corporate purposes
Conclusion
The Muthoot Fincorp NCD represents a secure investment opportunity with attractive returns. The company’s strong financials, high-quality asset base, and robust risk management frameworks make this NCD offering a compelling choice for various investor categories.
Adani Enterprises NCD August 2024
Issue Size and Structure :
Base Issue Size (Green Shoe Option): ₹400 crore
Oversubscription Option: ₹400 crore
Total Issue Size: ₹800 crore
Investment Requirements :
Minimum Application: ₹10,000 (10 NCDs)
Bid Lot: 10 NCDs and multiples of 1 NCD thereafter
Important Dates :
Issue Opens: September 4, 2024
Issue Closes: September 17, 2024
Interest and Tenor :
Interest Payment Frequency: Quarterly, Annual and Cumulative
Tenor Options: 24, 36, and 60 Months
Yield Up to: 9.90%*
Allocation Ratio :
Institutional Investors: 10%
Non-Institutional Investors: 30%
High Net-Worth Individuals: 30%
Retail Investors: 30%
Credit Ratings :
CRISIL AA-/Stable
Listing :
Exchange: BSE
Company Overview
Adani Enterprises Limited, incorporated in 1993, is a subsidiary of Adani Group, which operates in India's energy and infrastructure sectors.
The company has nurtured and grown several successful businesses since its inception. Some of these businesses, like Adani Ports and Special Economic Zone Limited, Adani Power Limited, Adani Energy Solutions Limited, Adani Green Energy Limited, Adani Total Gas Limited, and Adani Wilmar Limited, have been listed independently, with a combined market capitalization of ?16,200 billion (approximately US$194 billion) as of June 30, 2024.
Objectives of the Issue
The Company proposes to utilise the Net Proceeds towards the funding of the following objects:
- • Prepayment or repayment, in full or in part, of the existing indebtedness availed by our Company; and
- • General corporate purposes.
Conclusion
The Adani Enterprises NCD represents a secure investment opportunity with attractive returns. The company’s strong financials, high-quality asset base, and robust risk management frameworks make this NCD offering a compelling choice for various investor categories.
Sammaan Capital NCD August 2024
Issue Size and Structure :
Base Issue Size (Green Shoe Option): ₹125 crore
Oversubscription Option: ₹125 crore
Total Issue Size: ₹250 crore
Investment Requirements :
Minimum Application: ₹10,000 (10 NCDs)
Bid Lot: 10 NCDs and multiples of 1 NCD thereafter
Important Dates :
Issue Opens: September 6, 2024
Issue Closes: September 19, 2024
Interest and Tenor :
Interest Payment Frequency: Monthly, Annual and Cumulative
Tenor Options: 24, 36, 60, 84 and 120 Months
Yield Up to: 10.75%*
Institutional Investors: -
Non-Institutional Investors: -
High Net-Worth Individuals: -
Retail Investors: -
Credit Ratings :
CRISIL AA/Stable and ICRA AA/Stable
Listing :
Exchange: -
Company Overview
Sammaan Capital Limited ('SCL') formerly known as Indiabulls Housing Finance Limited (IBHFL) is mortgage-focused non-banking financial company (NBFC). The company is regulated by the Reserve Bank of India (RBI), and is ‘AA’ rated by leading rating agencies CRISIL and ICRA. The company has a balance sheet size of ₹ 0.73 trillion as on 31 March, 2024 and serviced more than 1.5 million happy customers. The company has strong nationwide presence of over 200 branches which offers quick, convenient and competitively priced home loans in the affordable housing segment. Additionally, the company also offers loans to MSMEs/small business for working capital. At Sammaan, we're more than a Non-Banking Financial institution; we're a community where every story is valued, and every dream finds support.
Objectives of the Issue
The Company proposes to utilise the Net Proceeds towards the funding of the following objects:
- • Prepayment or repayment, in full or in part, of the existing indebtedness availed by our Company; and
- • General corporate purposes.
Conclusion
The Sammaan Capital NCD represents a secure investment opportunity with attractive returns. The company’s strong financials, high-quality asset base, and robust risk management frameworks make this NCD offering a compelling choice for various investor categories.
Disclaimer: Investments in debt securities/NCDs are subject to risks including delay and/or default in payment. Read all scheme related documents carefully.
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