Comparison between Indiabulls Housing Finance NCD Mar 2022 and Muthoot Fincorp NCD January 2022 .
Indiabulls Housing Finance NCD Mar 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Fincorp NCD January 2022 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) | DRHP  | |
| 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 BWR AA+/Stable by Brickwork Ratings Private Limited with such ratings are considered to have a stable outlook. | The issue has been rated “CRISIL A+/Stable” by CRISIL for an amount of ₹ 400 crores. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. |
| Registrar | Kfin Technologies Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Trust Investment Advisors Pvt.Ltd. IIFL Capital Services Ltd. Edelweiss Financial Services Ltd. A.K.Capital Services Ltd. | SMC Capitals 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. Indiabulls Housing Finance NCD Mar 2022 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD January 2022 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹200.00 Cr |
| Issue Size (Shelf) | ₹900.00 Cr | ₹200.00 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 and BWR AA+/Stable | CRISIL A+/Stable for an amount of Rs 400 crores by CRISIL |
| Tenor | 24, 36 and 60 months | 27/38/60/72/96/ Months |
| Series | Series I to VIII | Series I to Series X |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly |
Offering period of Indiabulls Housing Finance NCD Mar 2022 and Muthoot Fincorp NCD January 2022 is mentioned.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Mar 30, 2022 | Jan 05, 2022 |
| Bid/Offer Closes On | Apr 22, 2022 | Jan 28, 2022 |
In Indiabulls Housing Finance NCD Mar 2022 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD January 2022 QIBs portion includes 1,00,000 shares and 11,00,000 shares offered are offered to retail investors.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 3,00,000 shares | 1,00,000 shares |
| Non Institutional | 1,00,000 shares | 8,00,000 shares |
| HNI | 3,00,000 shares | |
| Retail | 3,00,000 shares | 11,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 20,00,000 shares |
