Comparison between Edelweiss Financial NCD August 2021 and Muthoottu Mini NCD August 2021.
Edelweiss Financial NCD August 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini NCD August 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Financial Services Ltd. | Muthoottu Mini Financiers 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the Issue have been rated “Acuite AA (Outlook: Negative)” by Acuite Ratings and Research Limited and “[ICRA]A+ (Negative)” by ICRA Limited. | The Company has received rating of ‘CARE BBB+’: Stable (Triple B Plus; Outlook: Stable’) by CARE Ratings Limited (“CARE Ratings”) |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Equirus Capital Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Edelweiss Financial NCD August 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD August 2021 issue size is ₹125.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹125.00 Cr |
| Issue Size (Shelf) | ₹200.00 Cr | ₹125.00 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 | 10 NCD | 1 NCD |
| Credit Rating | Acuite AA (Outlook: Negative), [ICRA] A+ (Negative) | CARE BBB+ Stable (Triple B Plus; Outlook: Stable) |
| Tenor | 36, 60 and 120 Months | |
| Series | ||
| Payment Frequency | Monthly, Annual and Cumulative |
Offering period of Edelweiss Financial NCD August 2021 and Muthoottu Mini NCD August 2021 is mentioned.
| Edelweiss Financial Services Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Aug 17, 2021 | Aug 18, 2021 |
| Bid/Offer Closes On | Sep 06, 2021 | Sep 09, 2021 |
In Edelweiss Financial NCD August 2021 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In Muthoottu Mini NCD August 2021 QIBs portion includes 1,25,000 shares and 6,25,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | 1,25,000 shares |
| Non Institutional | 2,00,000 shares | |
| HNI | 8,00,000 shares | 5,00,000 shares |
| Retail | 8,00,000 shares | 6,25,000 shares |
| Others | ||
| Total | 20,00,000 shares | 12,50,000 shares |
