Comparison between Indiabulls Housing Finance Tranche II NCD Sep 2022 and Muthoot Fincorp NCD August 2022.
Indiabulls Housing Finance Tranche II NCD Sep 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Fincorp NCD August 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (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 by ICRA Limited with such ratings considered to have a stable outlook. | The issue has been rated "CRISIL A+/Stable" by CRISIL. 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 Tranche II NCD Sep 2022 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD August 2022 issue size is ₹250.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹250.00 Cr |
| Issue Size (Shelf) | ₹900.00 Cr | ₹250.00 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 ICRA AA | CRISIL A+/Stable by CRISIL Ratings Limited |
| Tenor | 24, 36 and 60 months | 27, 38, 48 and 96 Months |
| Series | Series I to VIII | Series I to Series VII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Cumulative |
Offering period of Indiabulls Housing Finance Tranche II NCD Sep 2022 and Muthoot Fincorp NCD August 2022 is mentioned.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 05, 2022 | Aug 05, 2022 |
| Bid/Offer Closes On | Sep 22, 2022 | Sep 01, 2022 |
In Indiabulls Housing Finance Tranche II NCD Sep 2022 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD August 2022 QIBs portion includes 1,25,000 shares and 15,00,000 shares offered are offered to retail investors.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 3,00,000 shares | 1,25,000 shares |
| Non Institutional | 1,00,000 shares | 8,75,000 shares |
| HNI | 3,00,000 shares | |
| Retail | 3,00,000 shares | 15,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 25,00,000 shares |
