Comparison between Edelweiss Financial NCD Tranche II April 2023 and Muthoot Finance Limited Tranche V NCD Feb 2023.
Edelweiss Financial NCD Tranche II April 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Finance Limited Tranche V NCD Feb 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Financial Services Ltd. | Muthoot Finance 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) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | RHP (Shelf) |
| NCD Rating | The NCDs proposed to be issued under the issue have been rated "CRISIL AA-/" Negative by CRISIL Ratings Limited and "ACUITE AA-/" Negative Acuite Ratings & Research Limited. | The NCDs proposed to be issued under this Issue have been rated [ICRA] AA+/Stable (pronounced as ICRA Double A plus rating with stable outlook) by ICRA. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Equirus Capital Ltd. | A.K.Capital Services Ltd. |
| Debenture Trustees | Beacon Trusteeship Ltd. | 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. Edelweiss Financial NCD Tranche II April 2023 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance Limited Tranche V NCD Feb 2023 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹500.00 Cr |
| Issue Size (Shelf) | ₹400.00 Cr | ₹3,000.00 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 | CRISIL AA-/Negative by CRISIL Ratings Limited and ACUITE AA-/ Negative by Acuité Ratings & Research Limited | AA+/Stable by ICRA. |
| Tenor | 24, 36, 60 and 120 Months | 25, 37 and 61 months |
| Series | Series I to X | Series I to VII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Annually |
Offering period of Edelweiss Financial NCD Tranche II April 2023 and Muthoot Finance Limited Tranche V NCD Feb 2023 is mentioned.
| Edelweiss Financial Services Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 06, 2023 | Feb 08, 2023 |
| Bid/Offer Closes On | Apr 21, 2023 | Mar 03, 2023 |
In Edelweiss Financial NCD Tranche II April 2023 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In Muthoot Finance Limited Tranche V NCD Feb 2023 QIBs portion includes 50,000 shares and 5,00,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | 50,000 shares |
| Non Institutional | 2,00,000 shares | 50,000 shares |
| HNI | 8,00,000 shares | 4,00,000 shares |
| Retail | 8,00,000 shares | 5,00,000 shares |
| Others | ||
| Total | 20,00,000 shares | 10,00,000 shares |
