Comparison between Edelweiss Financial Services NCD October 2023 and Muthoot Finance NCD Tranche II September 2023.
Edelweiss Financial Services 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.
| Edelweiss Financial Services 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 under this Issue have been rated CRISIL AA- /Negative (pronounced as CRISIL double A minus rating with a Negative outlook). | 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 | Nuvama Wealth Management Ltd. Trust Investment Advisors Pvt.Ltd. | A.K.Capital Services Ltd. |
| Debenture Trustees | Beacon Trusteeship 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. Edelweiss Financial Services NCD October 2023 issue size is ₹100.00 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.
| Edelweiss Financial Services Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹200.00 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 AA-/Negative by CRISIL. | [ICRA] AA+/Stable by ICRA Limited |
| Tenor | 24, 36, 60 and 120 Months | 24, 36, and 60 Months |
| Series | Series I to X | Series I to VII |
| Payment Frequency | Monthly and Annually | Monthly and Annually |
Offering period of Edelweiss Financial Services NCD October 2023 and Muthoot Finance NCD Tranche II September 2023 is mentioned.
| Edelweiss Financial Services Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Oct 06, 2023 | Sep 21, 2023 |
| Bid/Offer Closes On | Oct 19, 2023 | Sep 27, 2023 |
In Edelweiss Financial Services NCD October 2023 QIBs portion includes 1,00,000 shares and 4,00,000 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.
| Edelweiss Financial Services Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Institutional | 1,00,000 shares | 50,000 shares |
| Non Institutional | 1,00,000 shares | 2,00,000 shares |
| HNI | 4,00,000 shares | 2,50,000 shares |
| Retail | 4,00,000 shares | 5,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 10,00,000 shares |
