Motilal Oswal Financial Services is one of the largest full-service brokers in India with the highest gross brokerage revenue as of March 31, 2023 amongst players in the broking industry (Source: CRISIL Report). Motilal Oswal Group offers a diversified range of financial products and services such as retail broking and distribution, institutional broking, investment banking, asset management, private equity, wealth management, and housing finance. The Company acts as a stock-broker and commodities broker for clients comprising of retail customers (including high-net-worth individuals), mutual funds, foreign institutional investors, financial institutions, and corporate clients. The Company has a pan-India presence with domestic offices in 22 states including two union territories and one international representative office and employed 7,601 employees as of December 31, 2023.
Motilal Oswal Financial Services NCD April 2024 Details
| NCD Issue Open | April 23, 2024 |
| NCD Issue Close | May 7, 2024 |
| NCD Issue Size | Base: 500 Cr. | Shelf: 1000 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 9.70% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE, NSE Platform |
| Credit Rating | CRISIL AA/Stable by CRISIL Ratings Limited |
| Tenor | 24, 36, 60 and 120 months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Motilal Oswal Financial Services NCD April 2024 Promoters
- Motilal Oswal, Raamdeo Agarawal and Motilal Oswal Family Trust are promoters of the company and is a professionally managed company.
How to Apply Motilal Oswal Financial Services NCD April 2024 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
Motilal Oswal Financial Services NCD Review
- Avoid/Apply
Motilal Oswal Financial Services NCD April 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 24 Month | Annual | 8.85% | 8.85% |
| 2 | 24 Month | NA | NA | 8.85% |
| 3 | 36 Months | Annual | 9.10% | 9.10% |
| 4 | 36 Month | NA | NA | 9.10% |
| 5 | 60 Months | Month | 8.97% | 9.35% |
| 6 | 60 Months | Annual | 9.35% | 9.35% |
| 7 | 120 Months | Month | 9.30% | 9.70% |
| 8 | 120 Months | Annual | 9.70% | 9.70% |
Motilal Oswal Financial Services NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 10% |
| HNI | 40% |
| Retail | 40% |
Motilal Oswal Financial Services NCD April 2024 Lead Manager
- Trust Investment Advisors Private Limited
- Motilal Oswal Investment Advisors Limited
- Nuvama Wealth Management Limited
Motilal Oswal Financial Services NCD April 2024 Allotment Status
- Motilal Oswal Financial Services NCD issue allotment available on LinkIntime
Motilal Oswal Financial Services NCD April 2024 Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Company Information
Motilal Oswal Financial Services Limited
Motilal Oswal Tower, Rahimtullah Sayani Road,
Opposite Parel ST Depot, Prabhadevi
Mumbai-400025
Phone: +91 22 7193 4200
Email: [email protected]
Website: http://www.motilaloswalgroup.com/
