Comparison between IIFL Home Finance NCD Tranche I December 2024 and Muthoot Mercantile NCD December 2024.
IIFL Home Finance NCD Tranche I December 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Mercantile NCD December 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| IIFL Home Finance Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| 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) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | CRISIL Ratings Limited has rated the Secured NCDs CRISIL AA/Stable (stable outlook) for Rs 3000 crores. | The NCDs proposed to be issued under this Issue have been rated IND BBB/Stable by India Ratings & Research Private Limited |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | IIFL Capital Services Ltd. Trust Investment Advisors Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | Catalyst Trusteeship Ltd. | Mitcon Credentia Trusteeship Services Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. IIFL Home Finance NCD Tranche I December 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Mercantile NCD December 2024 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| IIFL Home Finance Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹75.00 Cr |
| Issue Size (Shelf) | ₹3,000.00 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 | CRISIL AA/Stable | IND BBB/Stable by by India Ratings & Research Private Limited |
| Tenor | 24, 36, 60 and 84 Months | 400 days, 20, 36, 60 and 73 Months |
| Series | Series I to IX | Series I to IX |
| Payment Frequency | Monthly and Annually | Monthly and Cumulative |
Offering period of IIFL Home Finance NCD Tranche I December 2024 and Muthoot Mercantile NCD December 2024 is mentioned.
| IIFL Home Finance Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Dec 06, 2024 | Jan 10, 2025 |
| Bid/Offer Closes On | Dec 19, 2024 | Jan 23, 2025 |
In IIFL Home Finance NCD Tranche I December 2024 QIBs portion includes 2,00,000 shares and 3,00,000 shares offered are offered to retail investors. In Muthoot Mercantile NCD December 2024 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors.
| IIFL Home Finance Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | 75,000 shares |
| Non Institutional | 2,00,000 shares | 3,00,000 shares |
| HNI | 3,00,000 shares | |
| Retail | 3,00,000 shares | 3,75,000 shares |
| Others | ||
| Total | 10,00,000 shares | 7,50,000 shares |
