Comparison between IIFL Home Finance NCD Tranche I December 2024 and Muthoottu Mini Financiers NCD October 2024.
IIFL Home Finance NCD Tranche I December 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoottu Mini Financiers NCD October 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| IIFL Home Finance 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, NSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | CRISIL Ratings Limited has rated the Secured NCDs CRISIL AA/Stable (stable outlook) for Rs 3000 crores. | The NCDs proposed to be issued under the Issue have been rated CARE A-Stable (pronounced as Single A Minus with Stable outlook) by CARE Ratings Limited (CARE Ratings). |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | IIFL Capital Services Ltd. Trust Investment Advisors Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | Catalyst Trusteeship 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. IIFL Home Finance NCD Tranche I December 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini Financiers NCD October 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| IIFL Home Finance Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹3,000.00 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 | CARE A-Stable by CARE Ratings Limited. |
| Tenor | 24, 36, 60 and 84 Months | 450 Days, 26, 36, 48, and 66 Months |
| Series | Series I to IX | Series I to VII |
| Payment Frequency | Monthly and Annually | Monthly and Cumulative |
Offering period of IIFL Home Finance NCD Tranche I December 2024 and Muthoottu Mini Financiers NCD October 2024 is mentioned.
| IIFL Home Finance Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Dec 06, 2024 | Oct 30, 2024 |
| Bid/Offer Closes On | Dec 19, 2024 | Nov 13, 2024 |
In IIFL Home Finance NCD Tranche I December 2024 QIBs portion includes 2,00,000 shares and 3,00,000 shares offered are offered to retail investors. In Muthoottu Mini Financiers NCD October 2024 QIBs portion includes and offered are offered to retail investors.
| IIFL Home Finance Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | |
| Non Institutional | 2,00,000 shares | |
| HNI | 3,00,000 shares | |
| Retail | 3,00,000 shares | |
| Others | ||
| Total | 10,00,000 shares |
