Comparison between Edelweiss Financial Services NCD January 2024 and Muthoot Fincorp NCD January Tranche III 2023.
Edelweiss Financial Services NCD January 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD January Tranche III 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Financial Services 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 this Issue have been rated CRISIL A+/Stable by CRISIL Ratings Limited and ICRA A+ (Stable) by ICRA Limited with such ratings considered to have a stable outlook. | The company has received rating of CRISIL AA-/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue. |
| Registrar | Kfin Technologies Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Nuvama Wealth Management Ltd. Trust Investment Advisors Pvt.Ltd. | SMC Capitals Ltd. |
| Debenture Trustees | Beacon Trusteeship 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. Edelweiss Financial Services NCD January 2024 issue size is ₹125.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD January Tranche III 2023 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹125.00 Cr | ₹75.00 Cr |
| Issue Size (Shelf) | ₹250.00 Cr | ₹1,100.00 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 | “CRISIL A+/Stable by by CRISIL Ratings Limited and “[ICRA] A+ ” by ICRA Limited | CRISIL AA- /Stable by CRISIL Ratings Limited |
| Tenor | 24, 36, 60 and 120 Months | 24, 36, 60 and 96 Months |
| Series | Series I to X | Series I to X |
| Payment Frequency | Monthly and Annually | Monthly, Annual and Cumulative |
Offering period of Edelweiss Financial Services NCD January 2024 and Muthoot Fincorp NCD January Tranche III 2023 is mentioned.
| Edelweiss Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 09, 2024 | Jan 12, 2024 |
| Bid/Offer Closes On | Jan 22, 2024 | Jan 25, 2024 |
In Edelweiss Financial Services NCD January 2024 QIBs portion includes 1,25,000 shares and 5,00,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD January Tranche III 2023 QIBs portion includes 37,500 shares and 4,50,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 1,25,000 shares | 37,500 shares |
| Non Institutional | 1,25,000 shares | 2,62,500 shares |
| HNI | 5,00,000 shares | |
| Retail | 5,00,000 shares | 4,50,000 shares |
| Others | ||
| Total | 12,50,000 shares | 7,50,000 shares |
