India Grid Trust NCD April 2021 vs Muthoottu Mini NCD March 2021

Comparision between India Grid Trust NCD April 2021 and Muthoottu Mini NCD March 2021.

NCD Details

India Grid Trust NCD April 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoottu Mini NCD March 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	India Grid Trust	Muthoottu Mini Financiers Limited
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)
RHP (Shelf)
NCD Rating
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Lead Managers	Jm Financial Limited	Vivro Financial Services Private 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. India Grid Trust NCD April 2021 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD March 2021 issue size is ₹125.00 Cr at a issue price of ₹1,000.00 per NCD.

	India Grid Trust	Muthoottu Mini Financiers Limited
Issue Size (Base)	₹100.00 Cr	₹125.00 Cr
Issue Size (Shelf)	₹900.00 Cr	₹125.00 Cr
Issue Price	₹1,000.00 per NCD	₹1,000.00 per NCD
Face Value	₹1,000.00 per NCD	₹10.00 per NCD
Minimum Lot size	1 NCD	10 NCD
Market Lot	1 NCD	1 NCD
Credit Rating	This Issue have been rated ‘CRISIL AAA/Stable’ by CRISIL Ratings Limited and ‘IND AAA/Stable’ by India Ratings and Research Private Limited.	‘IND BBB’: Outlook Stable’ by India Ratings
Tenor	3, 5, 7 & 10 year	480 Days, 24, 42, 50, 61 and 84 Months
Series
Payment Frequency		Monthly, Cumulative
Coupon Incentive

NCD Timetable

Offering period of India Grid Trust NCD April 2021 and Muthoottu Mini NCD March 2021 is mentioned.

	India Grid Trust	Muthoottu Mini Financiers Limited
Bid/Offer Opens On	Apr 28, 2021	Mar 30, 2021
Bid/Offer Closes On	Apr 30, 2021	Apr 23, 2021

Shares Offered to Different Investor Category

In India Grid Trust NCD April 2021 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini NCD March 2021 QIBs portion includes and offered are offered to retail investors.

	India Grid Trust	Muthoottu Mini Financiers Limited
Institutional
Non Institutional
HNI
Retail
Others
Total	10,00,000 shares	12,50,000 shares

Compare with others

India Grid Trust	Muthoottu Mini Financiers Limited
Edelweiss Financial NCD August 2021	India Grid Trust NCD April 2021
Piramal Capital NCD July 2021	Muthoot Fincorp Limited NCD April 2020
IIFL Home Finance NCD	Muthoot Finance Limited Tranche III NCD
KLM Axiva Finvest NCD	Edelweiss Financial NCD April 2021
Sakthi Finance NCD June 2021	Kosamattam Finance NCD March 2021
Muthoot Fincorp Limited NCD April 2020	IIFL Finance NCD
Muthoot Finance Limited Tranche III NCD	Muthoot Fincorp NCD February 2020
Edelweiss Financial NCD April 2021	Power Finance Corp NCD January 2021
Kosamattam Finance NCD March 2021	Muthoottu Mini NCD January 2021
Muthoottu Mini NCD March 2021	Muthoot Fincorp NCD December 2020

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