Indel Money NCD May 2022 vs Muthoot Fincorp NCD August 2022

Comparision between Indel Money NCD May 2022 and Muthoot Fincorp NCD August 2022.

NCD Details

Indel Money NCD May 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD August 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Indel Money Limited	Muthoot Fincorp Limited
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
DRHP (Shelf)
RHP (Shelf)
NCD Rating	The issue has been rated Acuite BBB+/Stable by Acuite Ratings & Research Limited. Instruments with this rating are considered to have a moderate degree of safety and moderate credit risk.	The issue has been rated "CRISIL A+/Stable" by CRISIL. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.
Registrar	Link Intime India Private Ltd	Integrated Registry Management Services Private Limited
Lead Managers	Vivro Financial Services Private Limited	Smc Capitals 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. Indel Money NCD May 2022 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD August 2022 issue size is ₹250.00 Cr at a issue price of ₹1,000.00 per NCD.

	Indel Money Limited	Muthoot Fincorp Limited
Issue Size (Base)	₹50.00 Cr	₹250.00 Cr
Issue Size (Shelf)	₹50.00 Cr	₹250.00 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	Acuite BBB+/Stable by Acuite Ratings & Research Limited	CRISIL A+/Stable by CRISIL Ratings Limited
Tenor	366 days, 18, 24, 61 and 77 Months	27, 38, 48 and 96 Months
Series	Series I to Series VIII	Series I to Series VII
Payment Frequency	Monthly and Cumulative	Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Indel Money NCD May 2022 and Muthoot Fincorp NCD August 2022 is mentioned.

	Indel Money Limited	Muthoot Fincorp Limited
Bid/Offer Opens On	May 27, 2022	Aug 05, 2022
Bid/Offer Closes On	Jun 22, 2022	Sep 01, 2022

Shares Offered to Different Investor Category

In Indel Money NCD May 2022 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD August 2022 QIBs portion includes 1,25,000 shares and 15,00,000 shares offered are offered to retail investors.

	Indel Money Limited	Muthoot Fincorp Limited
Institutional		1,25,000 shares
Non Institutional		8,75,000 shares
HNI
Retail		15,00,000 shares
Others
Total	5,00,000 shares	25,00,000 shares

Compare with others

Indel Money Limited	Muthoot Fincorp Limited
Indiabulls Housing Finance Tranche II NCD Sep 2022	Muthoot Finance Limited Tranche III NCD Oct 2022
Ugro Capital NCD Sep 2022	Edelweiss Financial NCD Tranche II Sep 2022
Muthoot Fincorp NCD August 2022	KLM Axiva Finvest NCD September 2022
Kosamattam Finance NCD July 2022	Indiabulls Housing Finance Tranche II NCD Sep 2022
Edelweiss Broking NCD July 2022	Ugro Capital NCD Sep 2022
Muthoot Finance Limited Tranche II NCD May 2022	Kosamattam Finance NCD July 2022
Navi Finserv NCD May 2022	Edelweiss Broking NCD July 2022
Muthoottu Mini Financiers NCD April 2022	Indel Money NCD May 2022
Dhani Loans and Services NCD April 2022	Muthoot Finance Limited Tranche II NCD May 2022
Sakthi Finance NCD April 2022	Navi Finserv NCD May 2022

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