Comparison between Indiabulls Housing Finance TrancheII NCD July 2023 and Muthoot Fincorp NCD October Tranche II 2023.
Indiabulls Housing Finance TrancheII NCD July 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Fincorp NCD October Tranche II 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | DRHP (Shelf) | DRHP (Shelf) |
| RHP (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 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. 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 Finance TrancheII NCD July 2023 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD October Tranche II 2023 issue size is ₹750.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹750.00 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 and120 Months | 24, 36, 60 and 96 Months |
| Series | Series I to XII | Series I to X |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of Indiabulls Housing Finance TrancheII NCD July 2023 and Muthoot Fincorp NCD October Tranche II 2023 is mentioned.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 06, 2023 | Oct 13, 2023 |
| Bid/Offer Closes On | Sep 20, 2023 | Oct 27, 2023 |
In Indiabulls Housing Finance TrancheII NCD July 2023 QIBs portion includes 3,00,000 shares and 0 shares offered are offered to retail investors. In Muthoot Fincorp NCD October Tranche II 2023 QIBs portion includes 37,500 shares and 4,50,000 shares offered are offered to retail investors.
| Indiabulls Housing Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 3,00,000 shares | 37,500 shares |
| Non Institutional | 0 shares | 2,62,500 shares |
| HNI | 0 shares | |
| Retail | 0 shares | 4,50,000 shares |
| Others | ||
| Total | 10,00,000 shares | 7,50,000 shares |
