Comparison between Chemmanur Credits and Investments NCD July 2024 and Muthoot Fincorp NCD Tranche I August 2024.
Chemmanur Credits and Investments NCD July 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD Tranche I August 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Chemmanur Credits & Investments Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued under the Issue has been rated IND BBB-/Stable by India Ratings and Research Private Limited. | “CRISIL AA-/Stable” (pronounced as CRISIL double A minus rating with stable outlook) for an amount of Rs. 1,90,000 lakhs of NCDs by CRISIL Ratings Limited vide letter dated June 29. June 2024, and 'CRISIL AA-/Stable' (pronounced as CRISIL double A minus rating with stable outlook) for an amount of Rs. 1,10,000 lakhs of NCDs (of which Rs. 10,900 lakhs are unutilized) by CRISIL Ratings Limited |
| Registrar | Kfin Technologies Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Nuvama Wealth Management Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Vardhman Trusteeship Pvt.Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Chemmanur Credits and Investments NCD July 2024 issue size is ₹40.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Tranche I August 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Chemmanur Credits & Investments Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹40.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹2,000.00 Cr | |
| Issue Price | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Face Value | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Minimum Lot size | 10 NCD | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | IND BBB-/Stable by India Ratings and Research Private Limited. | CRISIL AA-/Stable by CRISIL Ratings Limited. |
| Tenor | 367 Days, 18, 24, 36, 60, and 70 Months | 24, 36, 60, 72, and 92 Months |
| Series | Series I to IX | Series I to XIII |
| Payment Frequency | Monthly and Cumulative | Monthly, Annual and Cumulative |
Offering period of Chemmanur Credits and Investments NCD July 2024 and Muthoot Fincorp NCD Tranche I August 2024 is mentioned.
| Chemmanur Credits & Investments Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jul 26, 2024 | Aug 28, 2024 |
| Bid/Offer Closes On | Aug 08, 2024 | Sep 10, 2024 |
In Chemmanur Credits and Investments NCD July 2024 QIBs portion includes 40,000 shares and 2,00,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD Tranche I August 2024 QIBs portion includes and offered are offered to retail investors.
| Chemmanur Credits & Investments Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 40,000 shares | |
| Non Institutional | 1,60,000 shares | |
| HNI | ||
| Retail | 2,00,000 shares | |
| Others | ||
| Total | 4,00,000 shares |
