Comparison between Muthoot Fincorp NCD August 2022 and Navi Finserv NCD May 2022.
Muthoot Fincorp NCD August 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Navi Finserv NCD May 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Muthoot Fincorp Ltd. | Navi Finserv Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE, NSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | 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. | The NCDs proposed to be issued under the Issue have been rated as IND A/ Stable by India Ratings & Research Pvt Ltd. The instrument with such a rating is expected to have an adequate degree of safety. |
| Registrar | Integrated Registry Management Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | SMC Capitals Ltd. | JM Financial Ltd. A.K.Capital Services 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. Muthoot Fincorp NCD August 2022 issue size is ₹250.00 Cr at an issue price of ₹1,000.00 per NCD. Navi Finserv NCD May 2022 issue size is ₹300.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Fincorp Ltd. | Navi Finserv Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹250.00 Cr | ₹300.00 Cr |
| Issue Size (Shelf) | ₹250.00 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 | CRISIL A+/Stable by CRISIL Ratings Limited | IND A/ Stable by India Ratings & Research Pvt Ltd |
| Tenor | 27, 38, 48 and 96 Months | 18 and 27 Months |
| Series | Series I to Series VII | Series I to IV |
| Payment Frequency | Monthly and Cumulative | Monthly and Annually |
Offering period of Muthoot Fincorp NCD August 2022 and Navi Finserv NCD May 2022 is mentioned.
| Muthoot Fincorp Ltd. | Navi Finserv Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Aug 05, 2022 | May 23, 2022 |
| Bid/Offer Closes On | Sep 01, 2022 | Jun 02, 2022 |
In Muthoot Fincorp NCD August 2022 QIBs portion includes 1,25,000 shares and 15,00,000 shares offered are offered to retail investors. In Navi Finserv NCD May 2022 QIBs portion includes 6,00,000 shares and 9,00,000 shares offered are offered to retail investors.
| Muthoot Fincorp Ltd. | Navi Finserv Ltd. | |
|---|---|---|
| Institutional | 1,25,000 shares | 6,00,000 shares |
| Non Institutional | 8,75,000 shares | 6,00,000 shares |
| HNI | 9,00,000 shares | |
| Retail | 15,00,000 shares | 9,00,000 shares |
| Others | ||
| Total | 25,00,000 shares | 30,00,000 shares |
