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Muthoot Finance NCD (Feb 2019) vs Shriram Transport Finance stfc NCD Jan 2019

Comparision between Muthoot Finance NCD (Feb 2019) and Shriram Transport Finance stfc NCD Jan 2019.

NCD Details

Muthoot Finance NCD (Feb 2019) is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Shriram Transport Finance stfc NCD Jan 2019 is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) proposed to list at BSE, NSE.

  Muthoot Finance Limited Shriram Transport Finance Company Ltd
Logo Muthoot Finance NCD (Feb 2019) Logo Shriram Transport Finance stfc NCD Jan 2019 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs)
Listing at BSE BSE, NSE
Basis of Allotment First Come First Serve Basis First Come First Serve Basis
DRHP (Base)
RHP (Base) RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated [ICRA] AA (Stable) by ICRA for an amount of up to Rs 40,000 million and have been rated CRISIL AA/Stable by CRISIL for an amount up to Rs 40,000 million. The rating of the NCDs by ICRA and CRISIL indicates a high degree of safety regarding timely servicing of financial obligations.

Registrar Link Intime India Private Ltd Integrated Registry Management Services Private Limited
Lead Managers A.K. Capital Services Limited

Edelweiss Financial Services Ltd
A.K. Capital Services Limited

Axis Bank Limited

Catalyst Trusteeship Limited

Edelweiss Financial Services Ltd

Jm Financial Limited

Trust Investment Advisors Private Limited
Debenture Trusties
NRI Allowed No No
Allotment Link 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 NCD (Feb 2019) issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Shriram Transport Finance stfc NCD Jan 2019 issue size is ₹700.00 Cr at a issue price of ₹1,000.00 per NCD.

  Muthoot Finance Limited Shriram Transport Finance Company Ltd
Issue Size (Base) ₹100.00 Cr ₹700.00 Cr
Issue Size (Shelf) ₹650.00 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
Tenor 24 Months, 38 Months and 60 Months
Series

Series I to Series IX

Payment Frequency Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Muthoot Finance NCD (Feb 2019) and Shriram Transport Finance stfc NCD Jan 2019 is mentioned.

  Muthoot Finance Limited Shriram Transport Finance Company Ltd
Bid/Offer Opens On Feb 14, 2019 Jan 07, 2019
Bid/Offer Closes On Mar 14, 2019 Jan 31, 2019

Shares Offered to Different Investor Category

In Muthoot Finance NCD (Feb 2019) QIBs portion includes and offered are offered to retail investors. In Shriram Transport Finance stfc NCD Jan 2019 QIBs portion includes and offered are offered to retail investors.

  Muthoot Finance Limited Shriram Transport Finance Company Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total

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