Comparison between Indel Money NCD May 2022 and Muthoottu Mini Financiers NCD April 2022.
Indel Money NCD May 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini Financiers NCD April 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Indel Money Ltd. | Muthoottu Mini Financiers 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  | 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 NCDs proposed to be issued under the Issue have been rated as CARE BBB+ Stable Outlook by CARE Ratings Limited. The instrument with such a rating is expected to have a moderate degree of safety. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
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. Muthoottu Mini Financiers NCD April 2022 issue size is ₹125.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indel Money Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹125.00 Cr |
| Issue Size (Shelf) | ₹50.00 Cr | ₹125.00 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 | CARE BBB+ by CARE Ratings Limited |
| Tenor | 366 days, 18, 24, 61 and 77 Months | 480 Days, 24, 36, 48 and 66 Months |
| Series | Series I to Series VIII | Series I to VI |
| Payment Frequency | Monthly and Cumulative | Monthly and Cumulative |
Offering period of Indel Money NCD May 2022 and Muthoottu Mini Financiers NCD April 2022 is mentioned.
| Indel Money Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | May 27, 2022 | Apr 20, 2022 |
| Bid/Offer Closes On | Jun 22, 2022 | May 17, 2022 |
In Indel Money NCD May 2022 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini Financiers NCD April 2022 QIBs portion includes 1,25,000 shares and 6,25,000 shares offered are offered to retail investors.
| Indel Money Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Institutional | 1,25,000 shares | |
| Non Institutional | 5,00,000 shares | |
| HNI | ||
| Retail | 6,25,000 shares | |
| Others | ||
| Total | 5,00,000 shares | 12,50,000 shares |
