Comparison between India Grid Trust NCD April 2021 and Muthoot Finance Limited Tranche III NCD.
India Grid Trust NCD April 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Finance Limited Tranche III NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| India Grid Trust | Muthoot Finance 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | ||
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | JM Financial Ltd. | JM Financial Ltd. Equirus Capital Ltd. Edelweiss Financial Services Ltd. A.K.Capital Services 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. India Grid Trust NCD April 2021 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance Limited Tranche III NCD issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| India Grid Trust | Muthoot Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹900.00 Cr | ₹1,600.00 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 | 1 NCD | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | This Issue have been rated ‘CRISIL AAA/Stable’ by CRISIL Ratings Limited and ‘IND AAA/Stable’ by India Ratings and Research Private Limited. | The NCDs have been rated ‘[ICRA] AA+/ “Stable” by ICRA and “CRISIL AA+/Stable” by CRISIL |
| Tenor | 3, 5, 7 & 10 year | |
| Series | ||
| Payment Frequency |
Offering period of India Grid Trust NCD April 2021 and Muthoot Finance Limited Tranche III NCD is mentioned.
| India Grid Trust | Muthoot Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 28, 2021 | Apr 08, 2021 |
| Bid/Offer Closes On | Apr 30, 2021 | Apr 12, 2021 |
In India Grid Trust NCD April 2021 QIBs portion includes and offered are offered to retail investors. In Muthoot Finance Limited Tranche III NCD QIBs portion includes and offered are offered to retail investors.
| India Grid Trust | Muthoot Finance Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 10,00,000 shares |
