FREE Account Opening + No Clearing Fees
Loading...

Muthoot Finance Limited Tranche I NCD April 2023 vs Muthoot Fincorp NCD April 2023

Comparision between Muthoot Finance Limited Tranche I NCD April 2023 and Muthoot Fincorp NCD April 2023.

NCD Details

Muthoot Finance Limited Tranche I NCD April 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD April 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Muthoot Finance Limited Muthoot Fincorp Limited
Logo Muthoot Finance Limited Tranche I NCD April 2023 Logo Muthoot Fincorp NCD April 2023 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 [ICRA] AA+/Stable (pronounced as ICRA Double A plus rating with stable outlook) by ICRA Limited.

The company has received rating of CRISIL AA-/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue.

Registrar Link Intime India Private Ltd Integrated Registry Management Services Private Limited
Lead Managers A.K. Capital Services Limited Smc Capitals Limited
Debenture Trusties Idbi Trusteeship Services Ltd. Vardhman Trusteeship Private Limited
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 Finance Limited Tranche I NCD April 2023 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD April 2023 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.

  Muthoot Finance Limited Muthoot Fincorp Limited
Issue Size (Base) ₹75.00 Cr ₹150.00 Cr
Issue Size (Shelf) ₹300.00 Cr ₹300.00 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

[ICRA] AA+/Stable by ICRA Limited

CRISIL AA-/Stable by CRISIL Ratings Limited
Tenor 25, 37 and 61 months 27, 42, 60 and 84 Months
Series

Series I to VII

Series I to VIII

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

NCD Timetable

Offering period of Muthoot Finance Limited Tranche I NCD April 2023 and Muthoot Fincorp NCD April 2023 is mentioned.

  Muthoot Finance Limited Muthoot Fincorp Limited
Bid/Offer Opens On Apr 12, 2023 Apr 12, 2023
Bid/Offer Closes On Apr 26, 2023 Apr 26, 2023

Shares Offered to Different Investor Category

In Muthoot Finance Limited Tranche I NCD April 2023 QIBs portion includes 37,500 shares and 3,75,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD April 2023 QIBs portion includes 75,000 shares and 9,00,000 shares offered are offered to retail investors.

  Muthoot Finance Limited Muthoot Fincorp Limited
Institutional 37,500 shares 75,000 shares
Non Institutional 37,500 shares 5,25,000 shares
HNI 3,00,000 shares
Retail 3,75,000 shares 9,00,000 shares
Others
Total 7,50,000 shares 15,00,000 shares

Comments

Add a public comment...