Comparison between India Grid Trust NCD April 2021 and Muthoottu Mini NCD March 2021.
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 Ltd. | |
|---|---|---|
| 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 Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | JM Financial 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. 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 Ltd. | |
|---|---|---|
| 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 |
Offering period of India Grid Trust NCD April 2021 and Muthoottu Mini NCD March 2021 is mentioned.
| India Grid Trust | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 28, 2021 | Mar 30, 2021 |
| Bid/Offer Closes On | Apr 30, 2021 | Apr 23, 2021 |
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 Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 12,50,000 shares |
