Comparison between Indiabulls Housing Fin. Tranche IV NCD Dec 2023 and Muthoot Finance NCD Tranche III January 2024.
Indiabulls Housing Fin. Tranche IV NCD Dec 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Finance NCD Tranche III January 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Indiabulls Housing Finance Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | DRHP (Shelf) | DRHP (Shelf) |
| RHP (Shelf) | RHP (Shelf) | RHP (Shelf) |
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated CRISIL AA/Stable by CRISIL Ratings Limited and ICRA AA (Stable) by ICRA Limited with such ratings considered to have a stable 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 | Trust Investment Advisors Pvt.Ltd. Elara Capital (India) Pvt.Ltd. Nuvama Wealth Management Ltd. | A.K.Capital Services Ltd. |
| Debenture Trustees | IDBI 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. Indiabulls Housing Fin. Tranche IV NCD Dec 2023 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance NCD Tranche III January 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indiabulls Housing Finance Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹2,000.00 Cr | ₹900.00 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” by CRISIL Ratings Limited and “[ICRA]AA (Stable)” by ICRA Limited | [ICRA] AA+/Stable by ICRA Limited |
| Tenor | 24, 36, 60, 84 and 120 Months | 24, 36, and 60 Months |
| Series | Series I to XII | Series I to VII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Annually |
Offering period of Indiabulls Housing Fin. Tranche IV NCD Dec 2023 and Muthoot Finance NCD Tranche III January 2024 is mentioned.
| Indiabulls Housing Finance Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Dec 07, 2023 | Jan 08, 2024 |
| Bid/Offer Closes On | Dec 20, 2023 | Jan 19, 2024 |
In Indiabulls Housing Fin. Tranche IV NCD Dec 2023 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors. In Muthoot Finance NCD Tranche III January 2024 QIBs portion includes 50,000 shares and 3,50,000 shares offered are offered to retail investors.
| Indiabulls Housing Finance Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Institutional | 3,00,000 shares | 50,000 shares |
| Non Institutional | 1,00,000 shares | 3,00,000 shares |
| HNI | 3,00,000 shares | 3,00,000 shares |
| Retail | 3,00,000 shares | 3,50,000 shares |
| Others | ||
| Total | 10,00,000 shares | 10,00,000 shares |
