Comparison between Muthoot Fincorp NCD Sep Tranche I 2023 and Nido Home Finance NCD Aug 2023.
Muthoot Fincorp NCD Sep Tranche I 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Nido Home Finance NCD Aug 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Muthoot Fincorp Ltd. | Nido Home Finance 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 company has received rating of CRISIL AA-/Stable by CRISIL Ratings Limited. | The NCDs proposed to be issued under the Issue have been rated "CRISIL AA-/Negative" (pronounced as CRISIL double A minus rating with negative outlook) for an amount of ₹ 1,500 million by CRISIL Ratings Limited and;"[ICRA] A+ (Stable)" for an amount of ₹ 1,500 million by ICRA Limited. |
| Registrar | Integrated Registry Management Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | SMC Capitals Ltd. | Tipsons Consultancy Services Pvt.Ltd. Nuvama Wealth Management Ltd. Trust Investment Advisors Pvt.Ltd. |
| Debenture Trustees | Vardhman Trusteeship Pvt.Ltd. | Beacon Trusteeship Ltd. |
| 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 Sep Tranche I 2023 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Nido Home Finance NCD Aug 2023 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Fincorp Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹75.00 Cr |
| Issue Size (Shelf) | ₹1,100.00 Cr | ₹150.00 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 AA-/Stable | CRISIL AA-/Negative & [ICRA] A+ (Stable) |
| Tenor | 24, 36, 60 and 96 months | 24, 36, 60 and 120 months |
| Series | Series I to X | Series I to X |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Annually |
Offering period of Muthoot Fincorp NCD Sep Tranche I 2023 and Nido Home Finance NCD Aug 2023 is mentioned.
| Muthoot Fincorp Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 01, 2023 | Aug 30, 2023 |
| Bid/Offer Closes On | Sep 14, 2023 | Sep 12, 2023 |
In Muthoot Fincorp NCD Sep Tranche I 2023 QIBs portion includes 50,000 shares and 6,00,000 shares offered are offered to retail investors. In Nido Home Finance NCD Aug 2023 QIBs portion includes 75,000 shares and 3,00,000 shares offered are offered to retail investors.
| Muthoot Fincorp Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Institutional | 50,000 shares | 75,000 shares |
| Non Institutional | 3,50,000 shares | 75,000 shares |
| HNI | 3,00,000 shares | |
| Retail | 6,00,000 shares | 3,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 7,50,000 shares |
