Comparison between Motilal Oswal Financial Services NCD April 2024 and Muthoot Fincorp NCD Tranche IV April 2024.
Motilal Oswal Financial Services NCD April 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Fincorp NCD Tranche IV April 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Motilal Oswal Financial Services 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 have been rated "CRISIL AA/Stable" by CRISIL Ratings Limited | The NCDs proposed to be issued under this Issue have been rated CRISIL AA-/Stable by CRISIL Ratings Limited. |
| Registrar | MUFG Intime India Pvt.Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Nuvama Wealth Management Ltd. Motilal Oswal Investment Advisors Ltd. Trust Investment Advisors Pvt.Ltd. | SMC Capitals Ltd. |
| Debenture Trustees | Beacon Trusteeship 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. Motilal Oswal Financial Services NCD April 2024 issue size is ₹500.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Tranche IV April 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Motilal Oswal Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹500.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹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 | CRISIL AA-/Stable by CRISIL Ratings Limited. |
| Tenor | 24, 36, 60 and 120 months | 26, 38, 60, 72, and 94 Months |
| Series | Series I to VIII | Series I to XIII |
| Payment Frequency | Monthly and Annually | Monthly, Annual and Cumulative |
Offering period of Motilal Oswal Financial Services NCD April 2024 and Muthoot Fincorp NCD Tranche IV April 2024 is mentioned.
| Motilal Oswal Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 23, 2024 | Apr 10, 2024 |
| Bid/Offer Closes On | May 03, 2024 | Apr 25, 2024 |
In Motilal Oswal Financial Services NCD April 2024 QIBs portion includes 5,00,000 shares and 20,00,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD Tranche IV April 2024 QIBs portion includes 50,000 shares and 6,00,000 shares offered are offered to retail investors.
| Motilal Oswal Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 5,00,000 shares | 50,000 shares |
| Non Institutional | 0 shares | 3,50,000 shares |
| HNI | 20,00,000 shares | |
| Retail | 20,00,000 shares | 6,00,000 shares |
| Others | ||
| Total | 50,00,000 shares | 10,00,000 shares |
