Kosamattam Finance NCD Nov 2019 vs Muthoottu Mini NCD Jan 2020

Comparision between Kosamattam Finance NCD Nov 2019 and Muthoottu Mini NCD Jan 2020.

NCD Details

Kosamattam Finance NCD Nov 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Kosamattam Finance Limited	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)	DRHP	DRHP
RHP (Base)	RHP	RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating	The NCDs proposed to be issued under this Issue have been rated 'IND BBB' Outlook Stable, by India Ratings and Research Private Limited ("India Ratings") for an amount up to 35,000 lakhs vide its letter dated September 30, 2019. The rating of NCDs by India Ratings indicates that instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Lead Managers	Karvy Investor Services Limited Smc Capitals Limited	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. Kosamattam Finance NCD Nov 2019 issue size is ₹175.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD Jan 2020 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

	Kosamattam Finance Limited	Muthoottu Mini Financiers Ltd
Issue Size (Base)	₹175.00 Cr	₹100.00 Cr
Issue Size (Shelf)	₹175.00 Cr	₹200.00 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	IND BBB/ Stable	CARE BBB- /Stable
Tenor	18 /24 /36 /48 /66 / 84 months	480 days/ 24/ 36/ 50/ 60/ 70/ 85 months
Series	Series I to Series VIII	Series I to Series VII
Payment Frequency	Monthly/ Cumulative	Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Kosamattam Finance NCD Nov 2019 and Muthoottu Mini NCD Jan 2020 is mentioned.

	Kosamattam Finance Limited	Muthoottu Mini Financiers Ltd
Bid/Offer Opens On	Nov 11, 2019	Jan 20, 2020
Bid/Offer Closes On	Dec 04, 2019	Feb 12, 2020

Shares Offered to Different Investor Category

In Kosamattam Finance NCD Nov 2019 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini NCD Jan 2020 QIBs portion includes and offered are offered to retail investors.

	Kosamattam Finance Limited	Muthoottu Mini Financiers Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total	17,50,000 shares	10,00,000 shares

Compare with others

Kosamattam Finance Limited	Muthoottu Mini Financiers Ltd
EFIL NCD Jan 2020	Kosamattam Fin NCD March 2020
Muthoottu Mini NCD Jan 2020	Sakthi Fin NCD March 2020
Tata Capital Housing NCD Jan 2020	Muthoot Vehicle NCD Feb 2020
Shriram Transport Finance NCD Jan 2020	JM Financial NCD Feb 2020
Muthoot Finance NCD Nov 2019	EFIL NCD Jan 2020
ECL Finance NCD Nov 2019	Tata Capital Housing NCD Jan 2020
L&T Finance NCD Dec 2019	Shriram Transport Finance NCD Jan 2020
Muthoot Fincorp NCD Jan 2020	Muthoot Finance NCD Nov 2019
Muthoot Finance NCD Sep 2019	Kosamattam Finance NCD Nov 2019
Muthoot Fincorp Limited NCD Sept 2019	ECL Finance NCD Nov 2019

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