Comparison between Edelweiss Financial Services NCD October 2024 and Muthoot Fincorp NCD Tranche II October 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 II October 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 II October 2024 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹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 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 II October 2024 is mentioned.
| Edelweiss Financial Services Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Oct 07, 2024 | Oct 11, 2024 |
| Bid/Offer Closes On | Oct 18, 2024 | Oct 24, 2024 |
In Edelweiss Financial Services NCD October 2024 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD Tranche II October 2024 QIBs portion includes and offered are offered to retail investors.
