Comparison between Muthoot Fincorp NCD June 2020 and Muthoot Fincorp NCD Sep 2020.
Muthoot Fincorp NCD June 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD Sep 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Muthoot 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  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | 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 letters dated December 26, 2019, March 9, 2020 and June 10, 2020, 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 and further revalidated by their letter dated March 11, 2020 and June 15, 2020. The rating of CRISIL A (Stable) by CRISIL and BWR A+ (Stable) 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. | This offer is rated as "CRISIL/A" Stable by CRISIL. This rating indicates that instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. |
| 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 NCD June 2020 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Sep 2020 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹200.00 Cr |
| Issue Size (Shelf) | ₹160.00 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; BWR A +/ Stable | CRISIL A/ Stable |
| Tenor | 24 months/ 38 months/ 60 months | 27 months/ 38 months/ 60 months |
| Series | Series I to Series IX | Series I to Series IX |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Yearly or Cumulative |
Offering period of Muthoot Fincorp NCD June 2020 and Muthoot Fincorp NCD Sep 2020 is mentioned.
| Muthoot Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jun 29, 2020 | Sep 28, 2020 |
| Bid/Offer Closes On | Jul 13, 2020 | Oct 23, 2020 |
In Muthoot Fincorp NCD June 2020 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD Sep 2020 QIBs portion includes and offered are offered to retail investors.
| Muthoot Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 20,00,000 shares |
