Whalesbook
Toh scene yeh hai ki Muthoot FinCorp apni lending aur loan manage karne ke liye NCDs se ₹600 crore jod raha hai. Yeh issue 8 May tak open hai, aur issmein tumhare paison par 8.84% se lekar 9.25% tak ka annual yield milega, depend karta hai ki tum kitne time ke liye invest kar rahe ho. Options 24 mahine se lekar 72 mahine tak ke hain.
Aur bhai, yeh jo interest rate hai na, yeh dikha raha hai ki poore NBFC sector mein paisa uthana mehnga ho gaya hai. Bank loans saste ho rahe hain, toh NBFCs ko ab market se udhari lene mein zyada kharcha aa raha hai. Isliye yeh NCDs important hain capital requirements aur diversification ke liye. Iske rivals jaise IIFL Finance aur Kosamattam Finance ne bhi aise hi NCDs issue kiye hain.
Ab dekho, Muthoot FinCorp ka 85% business toh gold loans par hi chalta hai, toh gold ke price mein upar-neeche hone se risk rehta hai. Plus, woh South India mein zyada concentrated hain. Inhone jo yeh ₹600 crore raise kiye hain, isse unka total debt badhega, toh sabko asset quality aur financial management par nazar rakhni hogi taaki sab smooth chale.
Analyst log parent company, Muthoot Finance, ko 'Hold' rating de rahe hain, matlab abhi neutral hain. Par NBFC sector mein growth toh achhi dikh rahi hai, gold financiers expect kar rahe hain ki saalana 50% tak grow karein. Haalanki, sabki nazar geopolitical tensions aur badhti funding costs par hai.