Comparison between Muthoot Fincorp Limited NCD Sept 2019 and Muthoot Fincorp NCD Jan 2020.
Muthoot Fincorp Limited NCD Sept 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.
| Muthoot Fincorp 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 "BWR A+" (BWR A plus; Outlook: Stable)' for an amount of Rs 50,000 lakhs , by Brickwork Ratings India Private Limited ("Brickworks") vide their letter dated August 23, 2019. The rating of BWR A+ by Brickworks indicate that 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 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 | Integrated Registry Management Services Pvt.Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | SMC Capitals 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. Muthoot Fincorp Limited NCD Sept 2019 issue size is ₹250.00 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.
| Muthoot Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹250.00 Cr | ₹250.00 Cr |
| Issue Size (Shelf) | ₹250.00 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 | BWR A+/ Stable by Brickworks | BWR A+ /Stable, CRISIL A/Stable |
| Tenor | 400 days/24 months/36 months | 400 days/ 24 months/ 38 months/ 60 months |
| Series | Series I to Series VIII | Series I to Series XI |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of Muthoot Fincorp Limited NCD Sept 2019 and Muthoot Fincorp NCD Jan 2020 is mentioned.
| Muthoot Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 20, 2019 | Jan 09, 2020 |
| Bid/Offer Closes On | Oct 18, 2019 | Feb 04, 2020 |
In Muthoot Fincorp Limited NCD Sept 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.
| Muthoot Fincorp Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 25,00,000 shares | 25,00,000 shares |
