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Muthoot Finance Limited Tranche IV NCD Nov 2022 vs Muthoot Fincorp NCD December 2022

Comparision between Muthoot Finance Limited Tranche IV NCD Nov 2022 and Muthoot Fincorp NCD December 2022.

NCD Details

Muthoot Finance Limited Tranche IV NCD Nov 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD December 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Muthoot Finance Limited Muthoot Fincorp Limited
Logo Muthoot Finance Limited Tranche IV NCD Nov 2022 Logo Muthoot Fincorp NCD December 2022 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 company has received rating of CRISIL AA-/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue.

Registrar Link Intime India Private Ltd Integrated Registry Management Services Private Limited
Lead Managers A.K. Capital Services Limited Smc Capitals Limited
Debenture Trusties Idbi Trusteeship Services Ltd. Vardhman Trusteeship Private 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. Muthoot Finance Limited Tranche IV NCD Nov 2022 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD December 2022 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.

  Muthoot Finance Limited Muthoot Fincorp Limited
Issue Size (Base) ₹75.00 Cr ₹200.00 Cr
Issue Size (Shelf) ₹3,000.00 Cr ₹200.00 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 CRISIL AA-/Stable by CRISIL Ratings Limited
Tenor 24, 36 and 60 months 27, 38, 48 and 60 Months
Series

Series I to VII

Series I to VIII

Payment Frequency Monthly and Annually Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Muthoot Finance Limited Tranche IV NCD Nov 2022 and Muthoot Fincorp NCD December 2022 is mentioned.

  Muthoot Finance Limited Muthoot Fincorp Limited
Bid/Offer Opens On Nov 28, 2022 Jan 02, 2023
Bid/Offer Closes On Dec 19, 2022 Jan 27, 2023

Shares Offered to Different Investor Category

In Muthoot Finance Limited Tranche IV NCD Nov 2022 QIBs portion includes 37,500 shares and 3,75,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD December 2022 QIBs portion includes 1,00,000 shares and 12,00,000 shares offered are offered to retail investors.

  Muthoot Finance Limited Muthoot Fincorp Limited
Institutional 37,500 shares 1,00,000 shares
Non Institutional 37,500 shares 7,00,000 shares
HNI 3,00,000 shares
Retail 3,75,000 shares 12,00,000 shares
Others
Total 7,50,000 shares 20,00,000 shares

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