Comparison between Muthoottu Mini Financiers NCD April 2025 and SMC Global Securities NCD March 2025.
Muthoottu Mini Financiers NCD April 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while SMC Global Securities NCD March 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Muthoottu Mini Financiers Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE, NSE |
| 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 the Issue have been rated IRCA A [Stable] (pronounced as Single A with Stable outlook) by ICRA Limited. | The NCDs proposed to be issued under this Issue have been rated 'CRISILA/Stable' (pronounced as CRISIL A rating with Stable outlook) by CRISIL Ratings Limited for an amount of up to ₹17,500 Lakhs, and rated '[ICRA] (A Stable)' (pronounced as ICRA A rating with a stable outlook) by ICRA Limited for an amount of up to ₹40,000 Lakhs. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Corporate Professionals Capital Pvt.Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | IDBI 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. Muthoottu Mini Financiers NCD April 2025 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. SMC Global Securities NCD March 2025 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoottu Mini Financiers Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹75.00 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 | ICRA A [Stable] by IRCA Limited. | CRISILA/Stable by CRISIL Ratings Limited and [ICRA] (A Stable) by ICRA Limited. |
| Tenor | 18, 24, 36 , 48 and 60 Months | 24, 36, and 60 Months |
| Series | Series I to VI | Series VII to XII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of Muthoottu Mini Financiers NCD April 2025 and SMC Global Securities NCD March 2025 is mentioned.
| Muthoottu Mini Financiers Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 23, 2025 | Apr 02, 2025 |
| Bid/Offer Closes On | May 07, 2025 | Apr 17, 2025 |
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. In SMC Global Securities NCD March 2025 QIBs portion includes 75,000 shares and 3,00,000 shares offered are offered to retail investors.
| Muthoottu Mini Financiers Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | 75,000 shares |
| Non Institutional | 4,00,000 shares | 1,50,000 shares |
| HNI | 2,25,000 shares | |
| Retail | 4,00,000 shares | 3,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 7,50,000 shares |
