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Indiabulls Consumer NCD July 2019 vs Muthoot Finance NCD (May 2019)

Comparision between Indiabulls Consumer NCD July 2019 and Muthoot Finance NCD (May 2019).

NCD Details

Indiabulls Consumer NCD July 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Finance NCD (May 2019) is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Indiabulls Consumer Finance Ltd Muthoot Finance Limited
Logo Indiabulls Consumer NCD July 2019 Logo Muthoot Finance NCD (May 2019) Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing at BSE, NSE BSE
Basis of Allotment First Come First Serve Basis First Come First Serve Basis
DRHP (Base) DRHP DRHP
RHP (Base) RHP
DRHP (Shelf)
RHP (Shelf) RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Tranche III Issue have been rated CARE AA; Stable (pronounced as Double A; Outlook: Stable), for an amount of Rs 30,000 million by CARE Ratings Limited. Further, they have been rated BWR AA+ (pronounced as BWR Double A Plus) (Outlook: Stable), for an amount of Rs 30,000 million by Brickwork Ratings India Private Limited

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 Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers A.K. Capital Services Limited

Axis Bank Limited

Edelweiss Financial Services Ltd

Trust Investment Advisors Private Limited
A.K. Capital Services Limited

Edelweiss Financial Services Ltd
Debenture Trusties
NRI Allowed Yes No
Allotment Link 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. Indiabulls Consumer NCD July 2019 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance NCD (May 2019) issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

  Indiabulls Consumer Finance Ltd Muthoot Finance Limited
Issue Size (Base) ₹100.00 Cr ₹100.00 Cr
Issue Size (Shelf) ₹900.00 Cr ₹4,000.00 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 CARE AA/Stable, BWR AA+/Stable ICRA AA/Stable, CRISIL AA/Stable
Tenor 400 days/ 24 months/ 36 months/ 60 months 24 / 38 / 60 /90 Months
Series

Series I to Series IX

Series I to Series X

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

NCD Timetable

Offering period of Indiabulls Consumer NCD July 2019 and Muthoot Finance NCD (May 2019) is mentioned.

  Indiabulls Consumer Finance Ltd Muthoot Finance Limited
Bid/Offer Opens On Jul 31, 2019 May 10, 2019
Bid/Offer Closes On Aug 30, 2019 Jun 10, 2019

Shares Offered to Different Investor Category

In Indiabulls Consumer NCD July 2019 QIBs portion includes and offered are offered to retail investors. In Muthoot Finance NCD (May 2019) QIBs portion includes and offered are offered to retail investors.

  Indiabulls Consumer Finance Ltd Muthoot Finance Limited
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares 10,00,000 shares

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