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Muthoot Finance NCD Dec 2020 vs Muthoot Fincorp NCD December 2020

Comparision between Muthoot Finance NCD Dec 2020 and Muthoot Fincorp NCD December 2020.

NCD Details

Muthoot Finance NCD Dec 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD December 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Muthoot Finance Ltd Muthoot Fincorp Limited
Logo Muthoot Finance NCD Dec 2020 Logo Muthoot Fincorp NCD December 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)
RHP (Base) RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating

ICRA has assigned [ICRA]AA rating with a Stable outlook, assigned to the captioned Non-Convertible Debenture Programme of the company. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. Within this category rating modifier {"+" (plus) or "-" (minus)} can be used with the rating symbols. The modifier reflects the comparative standing within the category.

CRISIL has assigned its CRISIL AA/Positive rating Proposed Issuance of Long Term Principal Market Linked Debentures of Muthoot Finance Limited. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

This offer is rated as "CRISIL/A" Stable by CRISIL. This rating indicates that instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.

Registrar Link Intime India Private Ltd Integrated Registry Management Services Private Limited
Lead Managers A.K. Capital Services Limited

Edelweiss Financial Services Ltd

Equirus Capital Private Limited

Jm Financial 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 Finance NCD Dec 2020 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD December 2020 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.

  Muthoot Finance Ltd Muthoot Fincorp Limited
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 1 NCD 10 NCD
Credit Rating "AA (Stable)" by ICRA and "AA/Positive" by CRISIL CRISIL A/ Stable
Tenor 38 months and 60 months 27, 38, 60 and 72 months
Series

Series I to Series IX

Payment Frequency Monthly or Annual Monthly, Yearly or Cumulative
Coupon Incentive

NCD Timetable

Offering period of Muthoot Finance NCD Dec 2020 and Muthoot Fincorp NCD December 2020 is mentioned.

  Muthoot Finance Ltd Muthoot Fincorp Limited
Bid/Offer Opens On Dec 11, 2020 Dec 31, 2020
Bid/Offer Closes On Jan 05, 2021 Jan 25, 2021

Shares Offered to Different Investor Category

In Muthoot Finance NCD Dec 2020 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD December 2020 QIBs portion includes and offered are offered to retail investors.

  Muthoot Finance Ltd Muthoot Fincorp Limited
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares 20,00,000 shares

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