Comparison between Indel Money NCD May 2022 and Muthoot Fincorp NCD August 2022.
Indel Money NCD May 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD August 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Indel Money Ltd. | Muthoot Fincorp 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 | |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The issue has been rated Acuite BBB+/Stable by Acuite Ratings & Research Limited. Instruments with this rating are considered to have a moderate degree of safety and moderate credit risk. | The issue has been rated "CRISIL A+/Stable" by CRISIL. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. |
| Registrar | MUFG Intime India Pvt.Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.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. Indel Money NCD May 2022 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD August 2022 issue size is ₹250.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indel Money Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹250.00 Cr |
| Issue Size (Shelf) | ₹50.00 Cr | ₹250.00 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 | Acuite BBB+/Stable by Acuite Ratings & Research Limited | CRISIL A+/Stable by CRISIL Ratings Limited |
| Tenor | 366 days, 18, 24, 61 and 77 Months | 27, 38, 48 and 96 Months |
| Series | Series I to Series VIII | Series I to Series VII |
| Payment Frequency | Monthly and Cumulative | Monthly and Cumulative |
Offering period of Indel Money NCD May 2022 and Muthoot Fincorp NCD August 2022 is mentioned.
| Indel Money Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | May 27, 2022 | Aug 05, 2022 |
| Bid/Offer Closes On | Jun 22, 2022 | Sep 01, 2022 |
In Indel Money NCD May 2022 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD August 2022 QIBs portion includes 1,25,000 shares and 15,00,000 shares offered are offered to retail investors.
| Indel Money Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 1,25,000 shares | |
| Non Institutional | 8,75,000 shares | |
| HNI | ||
| Retail | 15,00,000 shares | |
| Others | ||
| Total | 5,00,000 shares | 25,00,000 shares |
