Hi all,
GoldenPi is offerting IPO for bonds issued by Muthoot finance and Muthoot fincorp respectively, India’s first online market place for bonds & debentures.
I am interested in bond with coupon rate 9% p.a offered by muthoot fincorp
Is muthoot fincorp a reliable enity to purchase a bond?
Thank you
Apart from 9% pa returns, what else do we know about the bond?
Based on my experience investing in a similar NBFC bond last year,
few key facts to find out before investing in the bond would be…
- How long for the bond to mature?
- What are the company’s prospects during this period?
- Are the bonds secured? senior?
- How well-subscribed is the ongoing bond IPO?
- Has the company delayed/default on any of its dividend/principal payments in the past?
Have you read the bond IPO prospectus (or have a link to it) ? 
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