FREE Account Opening + No Clearing Fees
Loading...

IIFL Home Finance NCD December 2021 vs Muthoottu Mini NCD November 2021

Comparision between IIFL Home Finance NCD December 2021 and Muthoottu Mini NCD November 2021.

NCD Details

IIFL Home Finance NCD December 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoottu Mini NCD November 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  IIFL Home Finance Ltd Muthoottu Mini Financiers Ltd
Logo IIFL Home Finance NCD December 2021 Logo Muthoottu Mini NCD November 2021 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing at BSE, NSE BSE
Basis of Allotment First Come First Serve Basis First Come First Serve Basis
DRHP (Base) DRHP
RHP (Base) RHP RHP
DRHP (Shelf)
RHP (Shelf) RHP (Shelf)
NCD Rating

The Secured NCDs have been rated “CRISIL AA/Stable” (stable outlook) for an amount of ₹50,000 million by CRISIL Ratings Limited and “BWR AA+/ Negative (Assigned)” (Negative outlook”) for an amount of ₹ 50,000 million by Brickwork Ratings India Private Limited.

The issue has been rated ‘CARE BBB+’: Stable (‘Triple B Plus; Outlook: Stable’) by CARE Ratings Limited. Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk. .

Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Edelweiss Financial Services Ltd

Equirus Capital Private Limited

ICICI Securities Limited

Iifl Securities Ltd

Trust Investment Advisors Private Limited
Vivro Financial Services Private Limited
Debenture Trusties
NRI Allowed No No
Allotment Link

Issue Size and Price and Other Details

Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. IIFL Home Finance NCD December 2021 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD November 2021 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

  IIFL Home Finance Ltd Muthoottu Mini Financiers Ltd
Issue Size (Base) ₹100.00 Cr ₹100.00 Cr
Issue Size (Shelf) ₹900.00 Cr ₹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 10 NCD 1 NCD
Credit Rating CRISIL AA/Stable and BWR AA+/ Negative CARE BBB+ Stable (Triple B Plus; Outlook: Stable) by CARE Ratings Limited.
Tenor 36, 60, 84 Months 480 Days, 24, 36,48,66 Months
Series Series 1 to 8

Series I to Series VI

Payment Frequency Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of IIFL Home Finance NCD December 2021 and Muthoottu Mini NCD November 2021 is mentioned.

  IIFL Home Finance Ltd Muthoottu Mini Financiers Ltd
Bid/Offer Opens On Dec 08, 2021 Dec 01, 2021
Bid/Offer Closes On Dec 28, 2021 Dec 28, 2021

Shares Offered to Different Investor Category

In IIFL Home Finance NCD December 2021 QIBs portion includes 2,00,000 shares and 3,50,000 shares offered are offered to retail investors. In Muthoottu Mini NCD November 2021 QIBs portion includes 1,00,000 shares and 5,00,000 shares offered are offered to retail investors.

  IIFL Home Finance Ltd Muthoottu Mini Financiers Ltd
Institutional 2,00,000 shares 1,00,000 shares
Non Institutional 1,00,000 shares 4,00,000 shares
HNI 3,50,000 shares
Retail 3,50,000 shares 5,00,000 shares
Others
Total 10,00,000 shares 10,00,000 shares

Comments

Add a public comment...