Comparison between Muthoot Mercantile NCD December 2024 and Nido Home Finance NCD December 2024.
Muthoot Mercantile NCD December 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Nido Home Finance NCD December 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Muthoot Mercantile Ltd. | Nido Home Finance 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  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated IND BBB/Stable by India Ratings & Research Private Limited | The NCDs proposed to be issued under this Issue have been rated "CRISIL A+/Watch Negative" (Placed on Rating Watch with Negative Implications) for an amount of Rs 5,000 million by CRISIL Ratings Limited. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Nuvama Wealth Management Ltd. Tipsons Consultancy Services Pvt.Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Beacon Trusteeship Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Muthoot Mercantile NCD December 2024 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Nido Home Finance NCD December 2024 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Mercantile Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹50.00 Cr |
| Issue Size (Shelf) | ||
| 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 | IND BBB/Stable by by India Ratings & Research Private Limited | CRISIL A+/Watch Negative by CRISIL Ratings Limited. |
| Tenor | 400 days, 20, 36, 60 and 73 Months | 24, 36, 60 and 120 Months |
| Series | Series I to IX | Series I to X |
| Payment Frequency | Monthly and Cumulative | Monthly and Annually |
Offering period of Muthoot Mercantile NCD December 2024 and Nido Home Finance NCD December 2024 is mentioned.
| Muthoot Mercantile Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 10, 2025 | Dec 17, 2024 |
| Bid/Offer Closes On | Jan 23, 2025 | Dec 31, 2024 |
In Muthoot Mercantile NCD December 2024 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors. In Nido Home Finance NCD December 2024 QIBs portion includes 50,000 shares and 2,00,000 shares offered are offered to retail investors.
| Muthoot Mercantile Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Institutional | 75,000 shares | 50,000 shares |
| Non Institutional | 3,00,000 shares | 50,000 shares |
| HNI | 2,00,000 shares | |
| Retail | 3,75,000 shares | 2,00,000 shares |
| Others | ||
| Total | 7,50,000 shares | 5,00,000 shares |
