360 ONE Prime Tranche I NCD January 2024 vs Muthoot Fincorp NCD January Tranche III 2023

Comparison between 360 ONE Prime Tranche I NCD January 2024 and Muthoot Fincorp NCD January Tranche III 2023.

NCD Details

360 ONE Prime Tranche I NCD January 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD January Tranche III 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

 360 ONE Prime Ltd.Muthoot Fincorp Ltd.
Logo360 ONE Prime Tranche I NCD January 2024 LogoMuthoot Fincorp NCD January Tranche III 2023 Logo
Security TypeSecured, Redeemable, Non-Convertible Debentures (Secured NCDs)Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing AtBSEBSE
Basis of AllotmentFirst Come First Serve BasisFirst Come First Serve Basis
DRHP (Base)
RHP (Base)RHP RHP
DRHP (Shelf)DRHP (Shelf) DRHP (Shelf)
RHP (Shelf)RHP (Shelf) RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated CRISIL AA/Stable by CRISIL Ratings Limited and ICRA AA (Stable) by ICRA Limited with such ratings considered to have a stable outlook.

The company has received rating of CRISIL AA-/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue.

RegistrarMUFG Intime India Pvt.Ltd.Integrated Registry Management Services Pvt.Ltd.
Lead ManagersIIFL Capital Services Ltd.

A.K.Capital Services Ltd.

JM Financial Ltd.
SMC Capitals Ltd.
Debenture TrusteesBeacon Trusteeship Ltd.Vardhman Trusteeship Pvt.Ltd.
NRI AllowedNoNo
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. 360 ONE Prime Tranche I NCD January 2024 issue size is ₹1,000.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD January Tranche III 2023 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.

 360 ONE Prime Ltd.Muthoot Fincorp Ltd.
Issue Size (Base)₹1,000.00 Cr₹75.00 Cr
Issue Size (Shelf)₹1,500.00 Cr₹1,100.00 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 size10 NCD10 NCD
Market Lot1 NCD1 NCD
Credit Rating“CRISIL AA/Stable” by CRISIL Ratings Limited and “[ICRA]AA (Stable)” by ICRA LimitedCRISIL AA- /Stable by CRISIL Ratings Limited
Tenor18, 24, 36 and 60 months24, 36, 60 and 96 Months
Series

Series I to VIII

Series I to X
Payment FrequencyMonthly and AnnuallyMonthly, Annual and Cumulative

NCD Timetable

Offering period of 360 ONE Prime Tranche I NCD January 2024 and Muthoot Fincorp NCD January Tranche III 2023 is mentioned.

 360 ONE Prime Ltd.Muthoot Fincorp Ltd.
Bid/Offer Opens OnJan 11, 2024Jan 12, 2024
Bid/Offer Closes OnJan 15, 2024Jan 25, 2024

Shares Offered to Different Investor Category

In 360 ONE Prime Tranche I NCD January 2024 QIBs portion includes 4,00,000 shares and 6,00,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD January Tranche III 2023 QIBs portion includes 37,500 shares and 4,50,000 shares offered are offered to retail investors.

 360 ONE Prime Ltd.Muthoot Fincorp Ltd.
Institutional4,00,000 shares37,500 shares
Non Institutional4,00,000 shares2,62,500 shares
HNI6,00,000 shares
Retail6,00,000 shares4,50,000 shares
Others
Total20,00,000 shares7,50,000 shares

Compare with others

Compare:

360 ONE Prime Tranche I NCD January 2024 and Muthoot Fincorp NCD January Tranche III 2023