Comparison between IIFL Home Finance NCD and Muthoot Fincorp Limited NCD April 2020.
IIFL Home Finance NCD is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) NCD proposed to list at BSE, NSE while Muthoot Fincorp Limited NCD April 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| IIFL Home Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Unsecured Subordinated Non-Convertible Debentures (Unsecured 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) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the Issue have been rated “CRISIL AA/Stable” and “BWR AA+/ Negative” by Brickwork Ratings India Private Limited. The aforesaid rating indicates that instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations and carry very low credit risk. | |
| Registrar | MUFG Intime India Pvt.Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Trust Investment Advisors Pvt.Ltd. Equirus Capital Ltd. | SMC Capitals 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. IIFL Home Finance NCD issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp Limited NCD April 2020 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| IIFL Home Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹200.00 Cr |
| Issue Size (Shelf) | ₹900.00 Cr | ₹200.00 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 | 10 NCD | 1 NCD |
| Credit Rating | CRISIL AA/Stable, BWR AA+/ Negative | The NCDs have been rated “A+ (Stable)” by CRISIL Limited |
| Tenor | ||
| Series | ||
| Payment Frequency |
Offering period of IIFL Home Finance NCD and Muthoot Fincorp Limited NCD April 2020 is mentioned.
| IIFL Home Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jul 06, 2021 | Apr 07, 2021 |
| Bid/Offer Closes On | Jul 28, 2021 | Apr 29, 2021 |
In IIFL Home Finance NCD QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp Limited NCD April 2020 QIBs portion includes 1,00,000 shares and offered are offered to retail investors.
| IIFL Home Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 1,00,000 shares | |
| Non Institutional | 8,00,000 shares | |
| HNI | 11,00,000 shares | |
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 20,00,000 shares |
