Comparison between Muthoot Finance NCD (May 2019) and SREI Infrastructure NCD april 2019.
Muthoot Finance NCD (May 2019) is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while SREI Infrastructure NCD april 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Muthoot Finance Ltd. | SREI Infrastructure 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) | DRHP  | |
| RHP (Base) | RHP | |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (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. | The Secured NCDs proposed to be issued under this Issue have been rated 'BWR AA+ (BWR Double A plus)'by Brickwork Ratings India Private Limited ("BRICKWORK") pursuant to letters dated September 01, 2017 and |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Edelweiss Financial Services Ltd. A.K.Capital Services Ltd. | Srei Capital Markets Ltd. SMC Capitals Ltd. Karvy Investor Services Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link | Allotment Link | Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Muthoot Finance NCD (May 2019) issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. SREI Infrastructure NCD april 2019 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Finance Ltd. | SREI Infrastructure Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹4,000.00 Cr | ₹1,500.00 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 | BWR AA+/Stable |
| Tenor | 24 / 38 / 60 /90 Months | 400 days/ 3 years/ 5 years |
| Series | Series I to Series X | Series 1 to Series 8 |
| Payment Frequency | Monthly, Annually | Monthly/ Annual |
Offering period of Muthoot Finance NCD (May 2019) and SREI Infrastructure NCD april 2019 is mentioned.
| Muthoot Finance Ltd. | SREI Infrastructure Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | May 10, 2019 | Apr 09, 2019 |
| Bid/Offer Closes On | Jun 10, 2019 | May 09, 2019 |
In Muthoot Finance NCD (May 2019) QIBs portion includes and offered are offered to retail investors. In SREI Infrastructure NCD april 2019 QIBs portion includes and offered are offered to retail investors.
| Muthoot Finance Ltd. | SREI Infrastructure Finance Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 10,00,000 shares |
