Comparison between Kosamattam Finance NCD September 2023 and Muthoot Finance NCD Tranche II September 2023.
Kosamattam Finance NCD September 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Finance NCD Tranche II September 2023 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) | DRHP (Shelf) | |
| RHP (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. | The NCDs proposed to be issued under this Issue have been rated [ICRA] AA+/Stable (pronounced as ICRA Double A plus rating with stable outlook) by ICRA Limited. |
| 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 |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Kosamattam Finance NCD September 2023 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance NCD Tranche II September 2023 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Kosamattam Finance Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹200.00 Cr | ₹2,600.00 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 by India Ratings | [ICRA] AA+/Stable by ICRA Limited |
| Tenor | 20, 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 September 2023 and Muthoot Finance NCD Tranche II September 2023 is mentioned.
| Kosamattam Finance Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 08, 2023 | Sep 21, 2023 |
| Bid/Offer Closes On | Sep 22, 2023 | Sep 27, 2023 |
In Kosamattam Finance NCD September 2023 QIBs portion includes 1,00,000 shares and 5,00,000 shares offered are offered to retail investors. In Muthoot Finance NCD Tranche II September 2023 QIBs portion includes 50,000 shares and 5,00,000 shares offered are offered to retail investors.
| Kosamattam Finance Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Institutional | 1,00,000 shares | 50,000 shares |
| Non Institutional | 1,00,000 shares | 2,00,000 shares |
| HNI | 3,00,000 shares | 2,50,000 shares |
| Retail | 5,00,000 shares | 5,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 10,00,000 shares |
