Comparison between Indiabulls Housing Fin. Tranche VI NCD May 2024 and Muthoot Fincorp NCD Tranche IV April 2024.
Indiabulls Housing Fin. Tranche VI NCD May 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Fincorp NCD Tranche IV April 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp 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) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated "CRISIL AA/Stable" by CRISIL Ratings Limited and "[ICRA]AA (Stable)" by ICRA Limited. | The NCDs proposed to be issued under this Issue have been rated CRISIL AA-/Stable by CRISIL Ratings Limited. |
| Registrar | Kfin Technologies Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Trust Investment Advisors Pvt.Ltd. Elara Capital (India) Pvt.Ltd. Nuvama Wealth Management Ltd. | SMC Capitals Ltd. |
| Debenture Trustees | IDBI Trusteeship Services Ltd. | Vardhman Trusteeship Pvt.Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Indiabulls Housing Fin. Tranche VI NCD May 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Tranche IV April 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹2,000.00 Cr | ₹1,100.00 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 | “CRISIL AA/Stable” by CRISIL Ratings Limited and “[ICRA]AA (Stable)” by ICRA Limited. | CRISIL AA-/Stable by CRISIL Ratings Limited. |
| Tenor | 24, 36, 60, 84 and 120 Months | 26, 38, 60, 72, and 94 Months |
| Series | Series I to XII | Series I to XIII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of Indiabulls Housing Fin. Tranche VI NCD May 2024 and Muthoot Fincorp NCD Tranche IV April 2024 is mentioned.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | May 13, 2024 | Apr 10, 2024 |
| Bid/Offer Closes On | May 27, 2024 | Apr 25, 2024 |
In Indiabulls Housing Fin. Tranche VI NCD May 2024 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD Tranche IV April 2024 QIBs portion includes 50,000 shares and 6,00,000 shares offered are offered to retail investors.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 3,00,000 shares | 50,000 shares |
| Non Institutional | 1,00,000 shares | 3,50,000 shares |
| HNI | 3,00,000 shares | |
| Retail | 3,00,000 shares | 6,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 10,00,000 shares |
