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Motilal Oswal Financial Services NCD April 2024 vs Muthoot Mercantile NCD May 2024

Comparision between Motilal Oswal Financial Services NCD April 2024 and Muthoot Mercantile NCD May 2024.

NCD Details

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 Mercantile NCD May 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Motilal Oswal Financial Services Limited Muthoot Mercantile Limited
Logo Motilal Oswal Financial Services NCD April 2024 Logo Muthoot Mercantile NCD May 2024 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 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 “IND BBB/Stable”, by India Ratings & Research Private Limited

Registrar Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers Trust Investment Advisors Private Limited

Motilal Oswal Investment Advisors Limited

Nuvama Wealth Management Limited
Vivro Financial Services Private Limited
Debenture Trusties Beacon Trusteeship Limited Mitcon Credentia Trusteeship Services Limited
NRI Allowed No No
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. Motilal Oswal Financial Services NCD April 2024 issue size is ₹500.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Mercantile NCD May 2024 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.

  Motilal Oswal Financial Services Limited Muthoot Mercantile Limited
Issue Size (Base) ₹500.00 Cr ₹50.00 Cr
Issue Size (Shelf)
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 IND BBB/Stable by by India Ratings & Research Private Limited
Tenor 24, 36, 60 and 120 months 367days, 18, 24, 36, 60, 75 months
Series Series I to VIII

Series I to XI

Payment Frequency Monthly and Annually Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Motilal Oswal Financial Services NCD April 2024 and Muthoot Mercantile NCD May 2024 is mentioned.

  Motilal Oswal Financial Services Limited Muthoot Mercantile Limited
Bid/Offer Opens On Apr 23, 2024 May 06, 2024
Bid/Offer Closes On May 03, 2024 May 17, 2024

Shares Offered to Different Investor Category

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 Mercantile NCD May 2024 QIBs portion includes 50,000 shares and 2,50,000 shares offered are offered to retail investors.

  Motilal Oswal Financial Services Limited Muthoot Mercantile Limited
Institutional 5,00,000 shares 50,000 shares
Non Institutional 0 shares 2,00,000 shares
HNI 20,00,000 shares
Retail 20,00,000 shares 2,50,000 shares
Others
Total 50,00,000 shares 5,00,000 shares

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