Comparison between Indostar Capital Finance NCD September 2024 and Muthoot Fincorp NCD Tranche II October 2024.
Indostar Capital Finance NCD September 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.
| Indostar Capital 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) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs to be issued under the Issue have been rated “CARE AA-/Stable” (pronounced as CARE Double A Minus; Outlook: Stable) by CARE Ratings Limited for an amount of Rs. 50,000 Lakh. | 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 | MUFG Intime India Pvt.Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Nuvama Wealth Management Ltd. | Nuvama Wealth Management Ltd. |
| Debenture Trustees | IDBI Trusteeship Services 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. Indostar Capital Finance NCD September 2024 issue size is ₹150.00 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.
| Indostar Capital Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹150.00 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 | CARE AA-/Stable by CARE Ratings Limited. | CRISIL AA-/Stable by CRISIL Ratings Limited. |
| Tenor | 24, 36, and 60 Months | 24, 36, 60, 72, and 92 Months |
| Series | Series I to V | Series I to XIII |
| Payment Frequency | Quarterly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of Indostar Capital Finance NCD September 2024 and Muthoot Fincorp NCD Tranche II October 2024 is mentioned.
| Indostar Capital Finance Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 06, 2024 | Oct 11, 2024 |
| Bid/Offer Closes On | Sep 19, 2024 | Oct 24, 2024 |
In Indostar Capital Finance NCD September 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.
