Comparison between Kosamattam Finance NCD Dec 2022 and Muthoot Finance Limited Tranche IV NCD Nov 2022.
Kosamattam Finance NCD Dec 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Finance Limited Tranche IV NCD Nov 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Kosamattam Finance Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | 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 'IND A-/Stable', by India Ratings & Research Private Limited ("India Ratings"). | The NCDs proposed to be issued under the Issue have been rated [ICRA] AA+/Stable by ICRA Limited such ratings are considered to have a stable outlook. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | SMC Capitals Ltd. | A.K.Capital Services Ltd. |
| Debenture Trustees | Vistra ITCL India Ltd. | IDBI Trusteeship Services Ltd. |
| NRI Allowed | No | No |
| Allotment Link | Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Kosamattam Finance NCD Dec 2022 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance Limited Tranche IV NCD Nov 2022 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Kosamattam Finance Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹75.00 Cr |
| Issue Size (Shelf) | ₹200.00 Cr | ₹3,000.00 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 | IND A-/Stable | ICRA AA+/Stable |
| Tenor | 18, 24, 30, 36, 39, 48, 54 and 88 Months | 24, 36 and 60 months |
| Series | Series I to VIII | Series I to VII |
| Payment Frequency | Monthly and Cumulative | Monthly and Annually |
Offering period of Kosamattam Finance NCD Dec 2022 and Muthoot Finance Limited Tranche IV NCD Nov 2022 is mentioned.
| Kosamattam Finance Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Dec 14, 2022 | Nov 28, 2022 |
| Bid/Offer Closes On | Jan 13, 2023 | Dec 19, 2022 |
In Kosamattam Finance NCD Dec 2022 QIBs portion includes 2,00,000 shares and 10,00,000 shares offered are offered to retail investors. In Muthoot Finance Limited Tranche IV NCD Nov 2022 QIBs portion includes 37,500 shares and 3,75,000 shares offered are offered to retail investors.
| Kosamattam Finance Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | 37,500 shares |
| Non Institutional | 2,00,000 shares | 37,500 shares |
| HNI | 6,00,000 shares | 3,00,000 shares |
| Retail | 10,00,000 shares | 3,75,000 shares |
| Others | ||
| Total | 20,00,000 shares | 7,50,000 shares |
