Comparison between Muthoot Finance Limited Tranche IV NCD Nov 2022 and National Highways Infra Trust NCD Oct 2022.
Muthoot Finance Limited Tranche IV NCD Nov 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while National Highways Infra Trust NCD Oct 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Muthoot Finance Ltd. | National Highways Infra Trust | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE, NSE |
| 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 this Issue have been rated PROVISIONAL CARE AAA; Stable' by CARE Ratings Limited for an amount of up to Rs 15,000 million by way of their letter dated August 25, 2022 and further revalidated on September 23, 2022 and rated as 'PROVISIONAL IND AAA/Stable' by India Ratings and Research Private Limited for an amount of up to Rs 15,000 million. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | A.K.Capital Services Ltd. | Trust Investment Advisors Pvt.Ltd. SBI Capital Markets Ltd. ICICI Securities Ltd. A.K.Capital Services Ltd. JM Financial Ltd. |
| Debenture Trustees | IDBI Trusteeship Services Ltd. | |
| 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 IV NCD Nov 2022 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. National Highways Infra Trust NCD Oct 2022 issue size is ₹750.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Finance Ltd. | National Highways Infra Trust | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹750.00 Cr |
| Issue Size (Shelf) | ₹3,000.00 Cr | ₹750.00 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 | PROVISIONAL CARE AAA;Stable by CARE Ratings and PROVISIONAL IND AAA/Stable’ by India Ratings and Research Private Ltd |
| Tenor | 24, 36 and 60 months | 13 years, 18 years and 25 years |
| Series | Series I to VII | Series I to III |
| Payment Frequency | Monthly and Annually | Semi-Annual |
Offering period of Muthoot Finance Limited Tranche IV NCD Nov 2022 and National Highways Infra Trust NCD Oct 2022 is mentioned.
| Muthoot Finance Ltd. | National Highways Infra Trust | |
|---|---|---|
| Bid/Offer Opens On | Nov 28, 2022 | Oct 17, 2022 |
| Bid/Offer Closes On | Dec 19, 2022 | Oct 18, 2022 |
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 National Highways Infra Trust NCD Oct 2022 QIBs portion includes 18,75,000 shares and 18,75,000 shares offered are offered to retail investors.
| Muthoot Finance Ltd. | National Highways Infra Trust | |
|---|---|---|
| Institutional | 37,500 shares | 18,75,000 shares |
| Non Institutional | 37,500 shares | 18,75,000 shares |
| HNI | 3,00,000 shares | 18,75,000 shares |
| Retail | 3,75,000 shares | 18,75,000 shares |
| Others | ||
| Total | 7,50,000 shares | 75,00,000 shares |
