Comparison between CreditAccess Grameen NCD 2022 and Muthoot Fincorp NCD December 2022.
CreditAccess Grameen NCD 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Fincorp NCD December 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| CreditAccess Grameen Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE, NSE | 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) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued under this Tranche I Issue have been rated IND AA-/Stable for an amount of Rs. 1500 Crores by India Ratings & Research Private 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 | Kfin Technologies Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | A.K.Capital Services Ltd. | SMC Capitals Ltd. |
| Debenture Trustees | Catalyst Trusteeship Ltd. | Vardhman Trusteeship Pvt.Ltd. |
| NRI Allowed | No | No |
| Allotment Link | Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. CreditAccess Grameen NCD 2022 issue size is ₹250.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD December 2022 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| CreditAccess Grameen Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹250.00 Cr | ₹200.00 Cr |
| Issue Size (Shelf) | ₹1,500.00 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 | 1 NCD |
| Credit Rating | IND AA-/Stable by India Ratings & Research Private Limited | CRISIL AA-/Stable by CRISIL Ratings Limited |
| Tenor | 24, 36 and 60 months | 27, 38, 48 and 60 Months |
| Series | Series I to VI | Series I to VIII |
| Payment Frequency | Monthly and Cumulative | Monthly, Annual and Cumulative |
Offering period of CreditAccess Grameen NCD 2022 and Muthoot Fincorp NCD December 2022 is mentioned.
| CreditAccess Grameen Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Nov 14, 2022 | Jan 02, 2023 |
| Bid/Offer Closes On | Nov 17, 2022 | Jan 27, 2023 |
In CreditAccess Grameen NCD 2022 QIBs portion includes 6,25,000 shares and 6,25,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD December 2022 QIBs portion includes 1,00,000 shares and 12,00,000 shares offered are offered to retail investors.
| CreditAccess Grameen Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 6,25,000 shares | 1,00,000 shares |
| Non Institutional | 8,75,000 shares | 7,00,000 shares |
| HNI | 3,75,000 shares | |
| Retail | 6,25,000 shares | 12,00,000 shares |
| Others | ||
| Total | 25,00,000 shares | 20,00,000 shares |
