Comparison between EFIL NCD Jan 2020 and Muthoot Vehicle NCD Feb 2020.
EFIL NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Vehicle NCD Feb 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Finance & Investments Ltd. | Muthoot Vehicle & Asset Fin 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 | |
| DRHP (Shelf) | ||
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The Secured NCDs proposed to be issued under this Issue have been rated CRISIL A/Stable by CRISIL vide its letter dated January 17, 2020. Additionally, the Secured NCDs had also been rated CARE BBB+; Stable by CARE vide its letters dated August 30, 2019, which was revalidated on December 9, 2019. This rating, though, was withdrawn by CARE pursuant to letter dated January 24, 2020 at the request of our Company. | |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | IDBI Capital Markets & Securities Ltd. Edelweiss Financial Services Ltd. | Inga Ventures Pvt.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. EFIL NCD Jan 2020 issue size is ₹125.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Vehicle NCD Feb 2020 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Finance & Investments Ltd. | Muthoot Vehicle & Asset Fin Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹125.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹250.00 Cr | ₹200.00 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; CARE AA-/ Stable | CRISIL A/ Stable; CARE BBB+/ Stable |
| Tenor | 18 months/ 36 months /60 months /120 months | 24 months/ 38 months/ 60 months/ 90 months |
| Series | Series 1 to Series 9 | Series 1 to Series 10 |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of EFIL NCD Jan 2020 and Muthoot Vehicle NCD Feb 2020 is mentioned.
| Edelweiss Finance & Investments Ltd. | Muthoot Vehicle & Asset Fin Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 23, 2020 | Feb 25, 2020 |
| Bid/Offer Closes On | Jan 31, 2020 | Mar 11, 2020 |
In EFIL NCD Jan 2020 QIBs portion includes and offered are offered to retail investors. In Muthoot Vehicle NCD Feb 2020 QIBs portion includes and offered are offered to retail investors.
| Edelweiss Finance & Investments Ltd. | Muthoot Vehicle & Asset Fin Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 12,50,000 shares | 10,00,000 shares |
