Comparison between Manappuram Finance NCD Jan 2019 and Muthoot Homefin NCD (March 2019).
Manappuram Finance NCD Jan 2019 is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) NCD proposed to list at BSE while Muthoot Homefin NCD (March 2019) is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Manappuram Finance Ltd. | Muthoot Homefin (India) Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Unsecured Subordinated Non-Convertible Debentures (Unsecured 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) | ||
| RHP (Base) | RHP  | |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | CRISIL has assigned its 'CRISIL AA/Stable' on the non-convertible debentures of Muthoot Homefin India Limited (Muthoot Homefin). The rating on long-term bank facilities has been reaffirmed at 'CRISIL AA/Stable'. | |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Edelweiss Financial Services Ltd. A.K.Capital Services Ltd. | Edelweiss Financial Services Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Manappuram Finance NCD Jan 2019 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Homefin NCD (March 2019) issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.
| Manappuram Finance Ltd. | Muthoot Homefin (India) Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹150.00 Cr | ₹150.00 Cr |
| Issue Size (Shelf) | ₹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 | 10 NCD | 1 NCD |
| Credit Rating | CRISIL AA/Stable | |
| Tenor | 24 months/38 months/60 months/90 months | |
| Series | Series 1 to Series 10 | |
| Payment Frequency | Monthly |
Offering period of Manappuram Finance NCD Jan 2019 and Muthoot Homefin NCD (March 2019) is mentioned.
| Manappuram Finance Ltd. | Muthoot Homefin (India) Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 28, 2019 | Apr 08, 2019 |
| Bid/Offer Closes On | Feb 27, 2019 | May 07, 2019 |
In Manappuram Finance NCD Jan 2019 QIBs portion includes and offered are offered to retail investors. In Muthoot Homefin NCD (March 2019) QIBs portion includes and offered are offered to retail investors.
| Manappuram Finance Ltd. | Muthoot Homefin (India) Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 15,00,000 shares |
