Comparison between Indiabulls Housing Finance Tranche V NCD Mar 2023 and Muthoot Fincorp NCD April 2023.
Indiabulls Housing Finance Tranche V NCD Mar 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Fincorp NCD April 2023 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) | ||
| 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 with such ratings considered to have a stable outlook. | The company has received rating of CRISIL AA-/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue. |
| Registrar | Kfin Technologies Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Trust Investment Advisors Pvt.Ltd. IIFL Capital Services Ltd. A.K.Capital Services Ltd. Edelweiss Financial Services 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 Finance Tranche V NCD Mar 2023 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD April 2023 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹150.00 Cr |
| Issue Size (Shelf) | ₹900.00 Cr | ₹300.00 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, and 60 Months | 27, 42, 60 and 84 Months |
| Series | Series I to VIII | Series I to VIII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of Indiabulls Housing Finance Tranche V NCD Mar 2023 and Muthoot Fincorp NCD April 2023 is mentioned.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Mar 03, 2023 | Apr 12, 2023 |
| Bid/Offer Closes On | Mar 17, 2023 | Apr 26, 2023 |
In Indiabulls Housing Finance Tranche V NCD Mar 2023 QIBs portion includes 3,00,000 shares and 0 shares offered are offered to retail investors. In Muthoot Fincorp NCD April 2023 QIBs portion includes 75,000 shares and 9,00,000 shares offered are offered to retail investors.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 3,00,000 shares | 75,000 shares |
| Non Institutional | 0 shares | 5,25,000 shares |
| HNI | 0 shares | |
| Retail | 0 shares | 9,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 15,00,000 shares |
