Comparison between Muthoot Finance Limited Tranche III NCD and Muthoot Fincorp NCD February 2020.
Muthoot Finance Limited Tranche III NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD February 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Muthoot Finance Ltd. | Muthoot Fincorp 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | This offer is rated as "CRISIL/A" Stable by CRISIL. This rating indicates that instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. | |
| Registrar | MUFG Intime India Pvt.Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | JM Financial Ltd. Equirus Capital Ltd. Edelweiss Financial Services Ltd. A.K.Capital Services Ltd. | SMC Capitals 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 III NCD issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD February 2020 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹150.00 Cr |
| Issue Size (Shelf) | ₹1,600.00 Cr | ₹150.00 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 | 10 NCD |
| Credit Rating | The NCDs have been rated ‘[ICRA] AA+/ “Stable” by ICRA and “CRISIL AA+/Stable” by CRISIL | The NCDs have been rated 'A (Stable)' by CRISIL Limited |
| Tenor | 27, 38, 60 and 72 months | |
| Series | Series I to Series IX | |
| Payment Frequency | Monthly, Yearly or Cumulative |
Offering period of Muthoot Finance Limited Tranche III NCD and Muthoot Fincorp NCD February 2020 is mentioned.
| Muthoot Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 08, 2021 | Feb 18, 2021 |
| Bid/Offer Closes On | Apr 12, 2021 | Mar 09, 2021 |
In Muthoot Finance Limited Tranche III NCD QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD February 2020 QIBs portion includes and offered are offered to retail investors.
| Muthoot Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 15,00,000 shares |
