Comparison between Incred Financial Services NCD Tranche I Jan 2023 and Muthoot Fincorp NCD December 2022.
Incred Financial Services NCD Tranche I Jan 2023 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.
| Incred Financial Services 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) | ||
| NCD Rating | The company has received rating of CRISIL A+/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue. | 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 | MUFG Intime India Pvt.Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | JM Financial Ltd. | SMC Capitals Ltd. |
| Debenture Trustees | Catalyst Trusteeship Ltd. | Vardhman Trusteeship Pvt.Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Incred Financial Services NCD Tranche I Jan 2023 issue size is ₹175.00 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.
| Incred Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹175.00 Cr | ₹200.00 Cr |
| Issue Size (Shelf) | ₹350.00 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 | CRISIL A+/Stable by CRISIL Ratings Limited | CRISIL AA-/Stable by CRISIL Ratings Limited |
| Tenor | 27 and 39 months | 27, 38, 48 and 60 Months |
| Series | Series I to IV | Series I to VIII |
| Payment Frequency | Annual and Quarterly | Monthly, Annual and Cumulative |
Offering period of Incred Financial Services NCD Tranche I Jan 2023 and Muthoot Fincorp NCD December 2022 is mentioned.
| Incred Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 09, 2023 | Jan 02, 2023 |
| Bid/Offer Closes On | Jan 27, 2023 | Jan 27, 2023 |
In Incred Financial Services NCD Tranche I Jan 2023 QIBs portion includes 3,50,000 shares and 5,25,000 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.
| Incred Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 3,50,000 shares | 1,00,000 shares |
| Non Institutional | 3,50,000 shares | 7,00,000 shares |
| HNI | 5,25,000 shares | |
| Retail | 5,25,000 shares | 12,00,000 shares |
| Others | ||
| Total | 17,50,000 shares | 20,00,000 shares |
