Comparison between EFIL NCD Jan 2020 and Muthoot Finance NCD Nov 2019.
EFIL NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Finance NCD Nov 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Finance & Investments 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) | DRHP  | DRHP |
| RHP (Base) | RHP | |
| 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 upto Rs 40,000 million vide its letter dated December 31, 2018 and have been rated CRISIL AA/Stable by CRISIL for an amount upto Rs 40,000 million vide its letter dated January 18, 2019. The rating of the NCDs by ICRA and CRISIL indicates high degree of safety regarding timely servicing of financial obligations. | |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | IDBI Capital Markets & Securities Ltd. Edelweiss Financial Services Ltd. | Edelweiss Financial Services Ltd. A.K.Capital Services Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. EFIL NCD Jan 2020 issue size is ₹125.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance NCD Nov 2019 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Finance & Investments Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹125.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹250.00 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 | CRISIL AA-/ Stable; CARE AA-/ Stable | ICRA AA/ Stable, CRISIL AA/ Stable |
| Tenor | 18 months/ 36 months /60 months /120 months | 24 months/ 38 months/ 60 months/ 90 months |
| Series | Series 1 to Series 9 | Series I to Series X |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Annual |
Offering period of EFIL NCD Jan 2020 and Muthoot Finance NCD Nov 2019 is mentioned.
| Edelweiss Finance & Investments Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 23, 2020 | Nov 29, 2019 |
| Bid/Offer Closes On | Jan 31, 2020 | Dec 20, 2019 |
In EFIL NCD Jan 2020 QIBs portion includes and offered are offered to retail investors. In Muthoot Finance NCD Nov 2019 QIBs portion includes and offered are offered to retail investors.
| Edelweiss Finance & Investments Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 12,50,000 shares | 10,00,000 shares |
