Comparison between Muthoot Finance Limited Tranche II NCD May 2022 and Muthoottu Mini Financiers NCD April 2022.
Muthoot Finance Limited Tranche II NCD May 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini Financiers NCD April 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Muthoot Finance Ltd. | Muthoottu Mini Financiers 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 the Issue have been rated [ICRA] AA+/Stable by ICRA Limited such ratings are considered to have a stable outlook. | The NCDs proposed to be issued under the Issue have been rated as CARE BBB+ Stable Outlook by CARE Ratings Limited. The instrument with such a rating is expected to have a moderate degree of safety. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | A.K.Capital Services Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Muthoot Finance Limited Tranche II NCD May 2022 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini Financiers NCD April 2022 issue size is ₹125.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Finance Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹125.00 Cr |
| Issue Size (Shelf) | ₹225.00 Cr | ₹125.00 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 | ICRA AA+/Stable | CARE BBB+ by CARE Ratings Limited |
| Tenor | 36, 60 and 84 months | 480 Days, 24, 36, 48 and 66 Months |
| Series | Series I to VII | Series I to VI |
| Payment Frequency | Monthly and Annually | Monthly and Cumulative |
Offering period of Muthoot Finance Limited Tranche II NCD May 2022 and Muthoottu Mini Financiers NCD April 2022 is mentioned.
| Muthoot Finance Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | May 25, 2022 | Apr 20, 2022 |
| Bid/Offer Closes On | Jun 17, 2022 | May 17, 2022 |
In Muthoot Finance Limited Tranche II NCD May 2022 QIBs portion includes 37,500 shares and 3,75,000 shares offered are offered to retail investors. In Muthoottu Mini Financiers NCD April 2022 QIBs portion includes 1,25,000 shares and 6,25,000 shares offered are offered to retail investors.
| Muthoot Finance Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Institutional | 37,500 shares | 1,25,000 shares |
| Non Institutional | 37,500 shares | 5,00,000 shares |
| HNI | 3,00,000 shares | |
| Retail | 3,75,000 shares | 6,25,000 shares |
| Others | ||
| Total | 7,50,000 shares | 12,50,000 shares |
