Comparison between Muthoot Homefin NCD (March 2019) and Muthoottu Mini Financiers NCD March 2019.
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 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) | ||
| 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 | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Edelweiss Financial Services Ltd. | Vivro Financial Services 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. 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 Ltd. | |
|---|---|---|
| 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 |
Offering period of Muthoot Homefin NCD (March 2019) and Muthoottu Mini Financiers NCD March 2019 is mentioned.
| Muthoot Homefin (India) Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 08, 2019 | Mar 18, 2019 |
| Bid/Offer Closes On | May 07, 2019 | Apr 16, 2019 |
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 Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 15,00,000 shares | 10,00,000 shares |
