Comparison between Chemmanur Credits and Investments NCD October 2023 and Muthoot Fincorp NCD October Tranche II 2023.
Chemmanur Credits and Investments NCD October 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD October Tranche II 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Chemmanur Credits & Investments 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  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued have been rated 'CRISIL BBB-/Stable' by CRISIL Ratings 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 | Vivro Financial Services Pvt.Ltd. | SMC Capitals Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services 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. Chemmanur Credits and Investments NCD October 2023 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD October Tranche II 2023 issue size is ₹750.00 Cr at a issue price of ₹1,000.00 per NCD.
| Chemmanur Credits & Investments Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹750.00 Cr |
| Issue Size (Shelf) | ₹100.00 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 size | 10 NCD | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | CRISIL BBB-/Stable by CRISIL Ratings Limited. | CRISIL AA- /Stable by CRISIL Ratings Limited |
| Tenor | 366 days, 18, 24, 36, 60, 12 and 74 months | 24, 36, 60 and 96 Months |
| Series | Series I to VIII | Series I to X |
| Payment Frequency | Monthly and Cumulative | Monthly, Annual and Cumulative |
Offering period of Chemmanur Credits and Investments NCD October 2023 and Muthoot Fincorp NCD October Tranche II 2023 is mentioned.
| Chemmanur Credits & Investments Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Oct 16, 2023 | Oct 13, 2023 |
| Bid/Offer Closes On | Oct 30, 2023 | Oct 27, 2023 |
In Chemmanur Credits and Investments NCD October 2023 QIBs portion includes 50,000 shares and 2,50,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD October Tranche II 2023 QIBs portion includes 37,500 shares and 4,50,000 shares offered are offered to retail investors.
| Chemmanur Credits & Investments Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 50,000 shares | 37,500 shares |
| Non Institutional | 2,00,000 shares | 2,62,500 shares |
| HNI | ||
| Retail | 2,50,000 shares | 4,50,000 shares |
| Others | ||
| Total | 5,00,000 shares | 7,50,000 shares |
