FREE Account Opening + No Clearing Fees
Loading...

CreditAccess Grameen NCD 2022 vs Muthoot Finance Limited Tranche III NCD Oct 2022

Comparision between CreditAccess Grameen NCD 2022 and Muthoot Finance Limited Tranche III NCD Oct 2022.

NCD Details

CreditAccess Grameen NCD 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Finance Limited Tranche III NCD Oct 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  CreditAccess Grameen Limited Muthoot Finance Limited
Logo CreditAccess Grameen NCD 2022 Logo Muthoot Finance Limited Tranche III NCD Oct 2022 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) RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Tranche I Issue have been rated IND AA-/Stable for an amount of Rs. 1500 Crores by India Ratings & Research Private Limited.

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 Limited Link Intime India Private Ltd
Lead Managers A.K. Capital Services Limited A.K. Capital Services Limited
Debenture Trusties Catalyst Trusteeship Limited
NRI Allowed No No
Allotment Link 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. CreditAccess Grameen NCD 2022 issue size is ₹250.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance Limited Tranche III NCD Oct 2022 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.

  CreditAccess Grameen Limited Muthoot Finance Limited
Issue Size (Base) ₹250.00 Cr ₹75.00 Cr
Issue Size (Shelf) ₹1,500.00 Cr ₹225.00 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 AA-/Stable by India Ratings & Research Private Limited ICRA AA+/Stable
Tenor 24, 36 and 60 months 36, 24 and 60 months
Series

Series I to VI

Series I to VII

Payment Frequency Monthly and Cumulative Monthly and Annually
Coupon Incentive

NCD Timetable

Offering period of CreditAccess Grameen NCD 2022 and Muthoot Finance Limited Tranche III NCD Oct 2022 is mentioned.

  CreditAccess Grameen Limited Muthoot Finance Limited
Bid/Offer Opens On Nov 14, 2022 Oct 06, 2022
Bid/Offer Closes On Nov 17, 2022 Oct 28, 2022

Shares Offered to Different Investor Category

In CreditAccess Grameen NCD 2022 QIBs portion includes 6,25,000 shares and 6,25,000 shares offered are offered to retail investors. In Muthoot Finance Limited Tranche III NCD Oct 2022 QIBs portion includes 37,500 shares and 3,75,000 shares offered are offered to retail investors.

  CreditAccess Grameen Limited Muthoot Finance Limited
Institutional 6,25,000 shares 37,500 shares
Non Institutional 8,75,000 shares 37,500 shares
HNI 3,75,000 shares 3,00,000 shares
Retail 6,25,000 shares 3,75,000 shares
Others
Total 25,00,000 shares 7,50,000 shares

Comments

Add a public comment...