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IIFL Samasta Finance NCD Tranche I Nov 2023 vs Muthoot Fincorp NCD January Tranche III 2023

Comparision between IIFL Samasta Finance NCD Tranche I Nov 2023 and Muthoot Fincorp NCD January Tranche III 2023.

NCD Details

IIFL Samasta Finance NCD Tranche I Nov 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Fincorp NCD January Tranche III 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  IIFL Samasta Finance Limited Muthoot Fincorp Limited
Logo IIFL Samasta Finance NCD Tranche I Nov 2023 Logo Muthoot Fincorp NCD January Tranche III 2023 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)
RHP (Base) RHP RHP
DRHP (Shelf) DRHP (Shelf) DRHP (Shelf)
RHP (Shelf) RHP (Shelf) RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated CRISIL AA-/Positive by CRISIL Ratings 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 Link Intime India Private Ltd Integrated Registry Management Services Private Limited
Lead Managers Jm Financial Limited

Iifl Securities Ltd

Nuvama Wealth Management Limited

Trust Investment Advisors Private Limited
Smc Capitals Limited
Debenture Trusties Beacon Trusteeship Limited Vardhman Trusteeship Private Limited
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 Samasta Finance NCD Tranche I Nov 2023 issue size is ₹1,000.00 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.

  IIFL Samasta Finance Limited Muthoot Fincorp Limited
Issue Size (Base) ₹1,000.00 Cr ₹75.00 Cr
Issue Size (Shelf) ₹2,000.00 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 AA-/ Positive by CRISIL Ratings Limited CRISIL AA- /Stable by CRISIL Ratings Limited
Tenor 24, 36 and 60 Months 24, 36, 60 and 96 Months
Series

Series I to VI

Series I to X
Payment Frequency Monthly and Annually Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of IIFL Samasta Finance NCD Tranche I Nov 2023 and Muthoot Fincorp NCD January Tranche III 2023 is mentioned.

  IIFL Samasta Finance Limited Muthoot Fincorp Limited
Bid/Offer Opens On Dec 04, 2023 Jan 12, 2024
Bid/Offer Closes On Dec 15, 2023 Jan 25, 2024

Shares Offered to Different Investor Category

In IIFL Samasta Finance NCD Tranche I Nov 2023 QIBs portion includes 2,00,000 shares and 8,00,000 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.

  IIFL Samasta Finance Limited Muthoot Fincorp Limited
Institutional 2,00,000 shares 37,500 shares
Non Institutional 2,00,000 shares 2,62,500 shares
HNI 8,00,000 shares
Retail 8,00,000 shares 4,50,000 shares
Others
Total 20,00,000 shares 7,50,000 shares

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