Comparison between Chemmanur Credits and Investments NCD October 2023 and Muthoot Finance NCD Tranche II September 2023.
Chemmanur Credits and Investments NCD October 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Finance NCD Tranche II September 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Chemmanur Credits & 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  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued have been rated 'CRISIL BBB-/Stable' by CRISIL Ratings 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 Limited. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | A.K.Capital Services Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services 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. Chemmanur Credits and Investments NCD October 2023 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance NCD Tranche II September 2023 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Chemmanur Credits & Investments Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹100.00 Cr | ₹2,600.00 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 BBB-/Stable by CRISIL Ratings Limited. | [ICRA] AA+/Stable by ICRA Limited |
| Tenor | 366 days, 18, 24, 36, 60, 12 and 74 months | 24, 36, and 60 Months |
| Series | Series I to VIII | Series I to VII |
| Payment Frequency | Monthly and Cumulative | Monthly and Annually |
Offering period of Chemmanur Credits and Investments NCD October 2023 and Muthoot Finance NCD Tranche II September 2023 is mentioned.
| Chemmanur Credits & Investments Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Oct 16, 2023 | Sep 21, 2023 |
| Bid/Offer Closes On | Oct 30, 2023 | Sep 27, 2023 |
In Chemmanur Credits and Investments NCD October 2023 QIBs portion includes 50,000 shares and 2,50,000 shares offered are offered to retail investors. In Muthoot Finance NCD Tranche II September 2023 QIBs portion includes 50,000 shares and 5,00,000 shares offered are offered to retail investors.
| Chemmanur Credits & Investments Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Institutional | 50,000 shares | 50,000 shares |
| Non Institutional | 2,00,000 shares | 2,00,000 shares |
| HNI | 2,50,000 shares | |
| Retail | 2,50,000 shares | 5,00,000 shares |
| Others | ||
| Total | 5,00,000 shares | 10,00,000 shares |
