FREE Account Opening + No Clearing Fees
Loading...

Muthoot Fincorp Limited NCD Sept 2019 vs Muthoot Fincorp NCD Jan 2020

Comparision between Muthoot Fincorp Limited NCD Sept 2019 and Muthoot Fincorp NCD Jan 2020.

NCD Details

Muthoot Fincorp Limited NCD Sept 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Muthoot Fincorp Limited Muthoot Fincorp Limited
Logo Muthoot Fincorp Limited NCD Sept 2019 Logo Muthoot Fincorp NCD Jan 2020 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 RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated "BWR A+" (BWR A plus; Outlook: Stable)' for an amount of Rs 50,000 lakhs , by Brickwork Ratings India Private Limited ("Brickworks") vide their letter dated August 23, 2019. The rating of BWR A+ by Brickworks indicate that instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.

The NCDs proposed to be issued under this Issue have been rated "A (Stable)" for an amount of Rs 50,000 lakhs by CRISIL Limited ("CRISIL") vide their letter dated October 10, 2019 and further revalidated by their letter dated December 26, 2019 and rated "BWR A +" Outlook: Stable)' for an amount of Rs 50,000 lakhs, by Brickwork Ratings India Pvt. Ltd. ("Brickworks") vide their letter dated December 12, 2019.

Registrar Integrated Registry Management Services Private Limited Integrated Registry Management Services Private Limited
Lead Managers Smc Capitals Limited Smc Capitals Limited
Debenture Trusties
NRI Allowed No No
Allotment Link

Issue Size and Price and Other Details

Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Muthoot Fincorp Limited NCD Sept 2019 issue size is ₹250.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Jan 2020 issue size is ₹250.00 Cr at a issue price of ₹1,000.00 per NCD.

  Muthoot Fincorp Limited Muthoot Fincorp Limited
Issue Size (Base) ₹250.00 Cr ₹250.00 Cr
Issue Size (Shelf) ₹250.00 Cr ₹480.00 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 BWR A+/ Stable by Brickworks BWR A+ /Stable, CRISIL A/Stable
Tenor 400 days/24 months/36 months 400 days/ 24 months/ 38 months/ 60 months
Series

Series I to Series VIII

Series I to Series XI

Payment Frequency Monthly, Annual and Cumulative Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Muthoot Fincorp Limited NCD Sept 2019 and Muthoot Fincorp NCD Jan 2020 is mentioned.

  Muthoot Fincorp Limited Muthoot Fincorp Limited
Bid/Offer Opens On Sep 20, 2019 Jan 09, 2020
Bid/Offer Closes On Oct 18, 2019 Feb 04, 2020

Shares Offered to Different Investor Category

In Muthoot Fincorp Limited NCD Sept 2019 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD Jan 2020 QIBs portion includes and offered are offered to retail investors.

  Muthoot Fincorp Limited Muthoot Fincorp Limited
Institutional
Non Institutional
HNI
Retail
Others
Total 25,00,000 shares 25,00,000 shares

Comments

Add a public comment...