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Manappuram Finance NCD Jan 2019 vs Muthoottu Mini Financiers NCD March 2019

Comparision between Manappuram Finance NCD Jan 2019 and Muthoottu Mini Financiers NCD March 2019.

NCD Details

Manappuram Finance NCD Jan 2019 is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) NCD proposed to list at BSE while Muthoottu Mini Financiers NCD March 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Manappuram Finance Limited Muthoottu Mini Financiers Limited
Logo Manappuram Finance NCD Jan 2019 Logo Muthoottu Mini Financiers NCD March 2019 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

The NCDs have been rated 'IND BBB-/Stable' by India Ratings & Research Private Limited for an amount of up to ` 20,000 lakhs. The rating of the NCDs indicates that instruments with this rating are considered to have a moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers A.K. Capital Services Limited

Edelweiss Financial Services Ltd
Vivro Financial Services Private Limited
Debenture Trusties
NRI Allowed No No
Allotment Link

Issue Size and Price and Other Details

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. Muthoottu Mini Financiers NCD March 2019 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

  Manappuram Finance Limited Muthoottu Mini Financiers Limited
Issue Size (Base) ₹150.00 Cr ₹100.00 Cr
Issue Size (Shelf) ₹100.00 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 IND BBB-/Stable
Tenor 480 days/36 Months/60 Months
Series

Series 1 to Series 6

Payment Frequency Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Manappuram Finance NCD Jan 2019 and Muthoottu Mini Financiers NCD March 2019 is mentioned.

  Manappuram Finance Limited Muthoottu Mini Financiers Limited
Bid/Offer Opens On Jan 28, 2019 Mar 18, 2019
Bid/Offer Closes On Feb 27, 2019 Apr 16, 2019

Shares Offered to Different Investor Category

In Manappuram Finance NCD Jan 2019 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini Financiers NCD March 2019 QIBs portion includes and offered are offered to retail investors.

  Manappuram Finance Limited Muthoottu Mini Financiers Limited
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares

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