Comparison between Muthoot Fincorp NCD Tranche I August 2024 and SMC Global Securities NCD 2024.
Muthoot Fincorp NCD Tranche I August 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while SMC Global Securities NCD 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Muthoot Fincorp Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE, NSE |
| 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 | “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 | The NCDs proposed to be issued under this Issue have been rated 'CRISILA/Stable' (pronounced as CRISIL A rating with Stable outlook) by CRISIL Ratings Limited for an amount of up to ₹17,500 Lakhs, and rated '[ICRA] (A Stable)' (pronounced as ICRA A rating with a stable outlook) by ICRA Limited for an amount of up to ₹40,000 Lakhs. |
| Registrar | Integrated Registry Management Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Nuvama Wealth Management Ltd. | Corporate Professionals Capital Pvt.Ltd. |
| Debenture Trustees | Vardhman Trusteeship Pvt.Ltd. | IDBI Trusteeship Services 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 Tranche I August 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. SMC Global Securities NCD 2024 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Fincorp Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹75.00 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 AA-/Stable by CRISIL Ratings Limited. | CRISILA/Stable by CRISIL Ratings Limited and [ICRA] (A Stable) by ICRA Limited. |
| Tenor | 24, 36, 60, 72, and 92 Months | 24, 36, and 60 Months |
| Series | Series I to XIII | Series I to VI |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of Muthoot Fincorp NCD Tranche I August 2024 and SMC Global Securities NCD 2024 is mentioned.
| Muthoot Fincorp Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Aug 28, 2024 | Jul 19, 2024 |
| Bid/Offer Closes On | Sep 10, 2024 | Aug 01, 2024 |
In Muthoot Fincorp NCD Tranche I August 2024 QIBs portion includes and offered are offered to retail investors. In SMC Global Securities NCD 2024 QIBs portion includes 75,000 shares and 3,00,000 shares offered are offered to retail investors.
| Muthoot Fincorp Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| Institutional | 75,000 shares | |
| Non Institutional | 1,87,500 shares | |
| HNI | 1,87,500 shares | |
| Retail | 3,00,000 shares | |
| Others | ||
| Total | 7,50,000 shares |
