Comparison between Indel Money NCD October 2024 and Muthoottu Mini Financiers NCD October 2024.
Indel Money NCD October 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini Financiers NCD October 2024 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 | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated CRISIL BBB+/Stable by CRISIL Ratings Limited. With this rating, they 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 CARE A-Stable (pronounced as Single A Minus with Stable outlook) by CARE Ratings Limited (CARE Ratings). |
| 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 | Vistra ITCL India 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. Indel Money NCD October 2024 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini Financiers NCD October 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indel Money Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ||
| 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 BBB+/Stable by CRISIL Ratings Limited. | CARE A-Stable by CARE Ratings Limited. |
| Tenor | 366 days, 18, 30, 60 and 66 months | 450 Days, 26, 36, 48, and 66 Months |
| Series | Series I to VII | Series I to VII |
| Payment Frequency | Monthly and Cumulative | Monthly and Cumulative |
Offering period of Indel Money NCD October 2024 and Muthoottu Mini Financiers NCD October 2024 is mentioned.
| Indel Money Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Oct 21, 2024 | Oct 30, 2024 |
| Bid/Offer Closes On | Nov 04, 2024 | Nov 13, 2024 |
In Indel Money NCD October 2024 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini Financiers NCD October 2024 QIBs portion includes and offered are offered to retail investors.
