Comparison between Muthoot Mercantile NCD March 2025 and Muthoottu Mini Financiers NCD April 2025.
Muthoot Mercantile NCD March 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini Financiers NCD April 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Muthoot Mercantile Ltd. | Muthoottu Mini Financiers 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) | ||
| 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 the Issue have been rated IRCA A [Stable] (pronounced as Single A with Stable outlook) by ICRA Limited. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Mitcon Credentia Trusteeship Services 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 March 2025 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini Financiers NCD April 2025 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Mercantile Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹100.00 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 | ICRA A [Stable] by IRCA Limited. |
| Tenor | 36, 73 Months and 400 days | 18, 24, 36 , 48 and 60 Months |
| Series | Series I to V | Series I to VI |
| Payment Frequency | Monthly and Cumulative | Monthly, Annual and Cumulative |
Offering period of Muthoot Mercantile NCD March 2025 and Muthoottu Mini Financiers NCD April 2025 is mentioned.
| Muthoot Mercantile Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Mar 28, 2025 | Apr 23, 2025 |
| Bid/Offer Closes On | Apr 16, 2025 | May 07, 2025 |
In Muthoot Mercantile NCD March 2025 QIBs portion includes 50,000 shares and 2,50,000 shares offered are offered to retail investors. In Muthoottu Mini Financiers NCD April 2025 QIBs portion includes 2,00,000 shares and 4,00,000 shares offered are offered to retail investors.
| Muthoot Mercantile Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Institutional | 50,000 shares | 2,00,000 shares |
| Non Institutional | 2,00,000 shares | 4,00,000 shares |
| HNI | ||
| Retail | 2,50,000 shares | 4,00,000 shares |
| Others | ||
| Total | 5,00,000 shares | 10,00,000 shares |
