Muthoot Homefin NCD (March 2019) vs Muthoottu Mini Financiers NCD March 2019

Comparision between Muthoot Homefin NCD (March 2019) and Muthoottu Mini Financiers NCD March 2019.

NCD Details

Muthoot Homefin NCD (March 2019) is a Secured, Redeemable, Non-Convertible Debentures (Secured 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.

	Muthoot Homefin (India) Ltd	Muthoottu Mini Financiers Limited
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)
RHP (Base)	RHP	RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating	CRISIL has assigned its 'CRISIL AA/Stable' on the non-convertible debentures of Muthoot Homefin India Limited (Muthoot Homefin). The rating on long-term bank facilities has been reaffirmed at 'CRISIL AA/Stable'.	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	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. Muthoot Homefin NCD (March 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.

	Muthoot Homefin (India) Ltd	Muthoottu Mini Financiers Limited
Issue Size (Base)	₹150.00 Cr	₹100.00 Cr
Issue Size (Shelf)	₹150.00 Cr	₹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	1 NCD	1 NCD
Credit Rating	CRISIL AA/Stable	IND BBB-/Stable
Tenor	24 months/38 months/60 months/90 months	480 days/36 Months/60 Months
Series	Series 1 to Series 10	Series 1 to Series 6
Payment Frequency	Monthly	Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Muthoot Homefin NCD (March 2019) and Muthoottu Mini Financiers NCD March 2019 is mentioned.

	Muthoot Homefin (India) Ltd	Muthoottu Mini Financiers Limited
Bid/Offer Opens On	Apr 08, 2019	Mar 18, 2019
Bid/Offer Closes On	May 07, 2019	Apr 16, 2019

Shares Offered to Different Investor Category

In Muthoot Homefin NCD (March 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.

	Muthoot Homefin (India) Ltd	Muthoottu Mini Financiers Limited
Institutional
Non Institutional
HNI
Retail
Others
Total	15,00,000 shares	10,00,000 shares

Compare with others

Muthoot Homefin (India) Ltd	Muthoottu Mini Financiers Limited
Magma Fincorp NCD April 2019	SREI Infrastructure NCD april 2019
L&T Finance Ltd. NCD April 2019	Magma Fincorp NCD April 2019
Shriram City NCD April 2019	L&T Finance Ltd. NCD April 2019
Kosamattam Finance NCD March 2019	Shriram City NCD April 2019
Muthoottu Mini Financiers NCD March 2019	Kosamattam Finance NCD March 2019
L&T Finance NCD March 2019	Muthoot Homefin NCD (March 2019)
Muthoot Finance NCD (Feb 2019)	L&T Finance NCD March 2019
Manappuram Finance NCD Jan 2019	Muthoot Finance NCD (Feb 2019)
India Infoline Finance NCD Jan 2019	Manappuram Finance NCD Jan 2019
Indiabulls NCD Feb 2019	India Infoline Finance NCD Jan 2019

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