FREE Account Opening + No Clearing Fees
Loading...

Indiabulls Housing NCD September 2021 vs Muthoot Fincorp NCD September 2021

Comparision between Indiabulls Housing NCD September 2021 and Muthoot Fincorp NCD September 2021.

NCD Details

Indiabulls Housing NCD September 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Fincorp NCD September 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Indiabulls Housing Finance Limited Muthoot Fincorp Limited
Logo Indiabulls Housing NCD September 2021 Logo Muthoot Fincorp NCD September 2021 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 DRHP
RHP (Base) RHP
DRHP (Shelf) DRHP (Shelf)
RHP (Shelf)
NCD Rating

The issue have been rated “CRISIL AA/Stable” (double A rating with stable outlook) by CRISIL Ratings Limited and, “BWR AA+ /Negative” (“BWR double A plus with negative outlook) by Brickwork Ratings India Private Limited.

The issue has been rated “CRISILA+/Stable” by CRISIL Ratings Limited 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 Limited Integrated Registry Management Services Private Limited
Lead Managers Edelweiss Financial Services Ltd

Trust Investment Advisors Private Limited
Smc Capitals Limited
Debenture Trusties
NRI Allowed No No
Allotment Link Allotment Link

Issue Size and Price and Other Details

Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Indiabulls Housing NCD September 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD September 2021 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.

  Indiabulls Housing Finance Limited Muthoot Fincorp Limited
Issue Size (Base) ₹200.00 Cr ₹200.00 Cr
Issue Size (Shelf) ₹800.00 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” by CRISIL Ratings and “BWR AA+ /Negative” by Brickwork Ratings ‘"CRISILA+/Stable" by CRISIL Ratings
Tenor 24, 36, 60 and 87 Months 27, 38, 60, 72, and 87 Months
Series

Series I to Series X

Payment Frequency Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Indiabulls Housing NCD September 2021 and Muthoot Fincorp NCD September 2021 is mentioned.

  Indiabulls Housing Finance Limited Muthoot Fincorp Limited
Bid/Offer Opens On Sep 06, 2021 Sep 30, 2021
Bid/Offer Closes On Sep 20, 2021 Oct 26, 2021

Shares Offered to Different Investor Category

In Indiabulls Housing NCD September 2021 QIBs portion includes 6,00,000 shares and 6,00,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD September 2021 QIBs portion includes 1,00,000 shares and 11,00,000 shares offered are offered to retail investors.

  Indiabulls Housing Finance Limited Muthoot Fincorp Limited
Institutional 6,00,000 shares 1,00,000 shares
Non Institutional 2,00,000 shares 8,00,000 shares
HNI 6,00,000 shares
Retail 6,00,000 shares 11,00,000 shares
Others
Total 20,00,000 shares 20,00,000 shares

Comments

Add a public comment...