Comparison between Kosamattam Finance NCD Nov 2019 and Muthoot Fincorp NCD Jan 2020.
Kosamattam Finance NCD Nov 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Kosamattam Finance 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  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated 'IND BBB' Outlook Stable, by India Ratings and Research Private Limited ("India Ratings") for an amount | The NCDs proposed to be issued under this Issue have been rated "A (Stable)" for an amount of Rs 50,000 lakhs by CRISIL Limited ("CRISIL") vide their letter dated October 10, 2019 and further revalidated by their letter dated December 26, 2019 and rated "BWR A +" Outlook: Stable)' for an amount of Rs 50,000 lakhs, by Brickwork Ratings India Pvt. Ltd. ("Brickworks") vide their letter dated December 12, 2019. |
| Registrar | Kfin Technologies Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | SMC Capitals Ltd. Karvy Investor Services 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. Kosamattam Finance NCD Nov 2019 issue size is ₹175.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Jan 2020 issue size is ₹250.00 Cr at a issue price of ₹1,000.00 per NCD.
| Kosamattam Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹175.00 Cr | ₹250.00 Cr |
| Issue Size (Shelf) | ₹175.00 Cr | ₹480.00 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 BBB/ Stable | BWR A+ /Stable, CRISIL A/Stable |
| Tenor | 18 /24 /36 /48 /66 / 84 months | 400 days/ 24 months/ 38 months/ 60 months |
| Series | Series I to Series VIII | Series I to Series XI |
| Payment Frequency | Monthly/ Cumulative | Monthly, Annual and Cumulative |
Offering period of Kosamattam Finance NCD Nov 2019 and Muthoot Fincorp NCD Jan 2020 is mentioned.
| Kosamattam Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Nov 11, 2019 | Jan 09, 2020 |
| Bid/Offer Closes On | Dec 04, 2019 | Feb 04, 2020 |
In Kosamattam Finance NCD Nov 2019 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD Jan 2020 QIBs portion includes and offered are offered to retail investors.
| Kosamattam Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 17,50,000 shares | 25,00,000 shares |
