Comparison between Edelweiss Financial Services NCD October 2024 and Muthoot Fincorp NCD Tranche I August 2024.
Edelweiss Financial Services NCD October 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD Tranche I August 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Financial Services 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 under the Issue have been rated CRISIL A+/Watch Negative (placed on ‘Rating Watch with Negative Implications’) for an amount of Rs 10,000 million by CRISIL Ratings Limited. | “CRISIL AA-/Stable” (pronounced as CRISIL double A minus rating with stable outlook) for an amount of Rs. 1,90,000 lakhs of NCDs by CRISIL Ratings Limited vide letter dated June 29. June 2024, and 'CRISIL AA-/Stable' (pronounced as CRISIL double A minus rating with stable outlook) for an amount of Rs. 1,10,000 lakhs of NCDs (of which Rs. 10,900 lakhs are unutilized) by CRISIL Ratings Limited |
| Registrar | Kfin Technologies Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Tipsons Consultancy Services Pvt.Ltd. Nuvama Wealth Management Ltd. Trust Investment Advisors Pvt.Ltd. | Nuvama Wealth Management Ltd. |
| Debenture Trustees | Beacon Trusteeship 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. Edelweiss Financial Services NCD October 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Tranche I August 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹2,000.00 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+/Watch Negative by CRISIL Ratings Limited. | CRISIL AA-/Stable by CRISIL Ratings Limited. |
| Tenor | 24, 36, 60 and 120 Months | 24, 36, 60, 72, and 92 Months |
| Series | Series I to XII | Series I to XIII |
| Payment Frequency | Monthly and Annually | Monthly, Annual and Cumulative |
Offering period of Edelweiss Financial Services NCD October 2024 and Muthoot Fincorp NCD Tranche I August 2024 is mentioned.
| Edelweiss Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Oct 07, 2024 | Aug 28, 2024 |
| Bid/Offer Closes On | Oct 18, 2024 | Sep 10, 2024 |
In Edelweiss Financial Services NCD October 2024 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD Tranche I August 2024 QIBs portion includes and offered are offered to retail investors.
