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Muthoot Vehicle NCD Feb 2020 vs Muthoottu Mini NCD Jan 2020

Comparision between Muthoot Vehicle NCD Feb 2020 and Muthoottu Mini NCD Jan 2020.

NCD Details

Muthoot Vehicle NCD Feb 2020 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.

  Muthoot Vehicle & Asset Fin Ltd Muthoottu Mini Financiers Ltd
Logo Muthoot Vehicle NCD Feb 2020 Logo Muthoottu Mini NCD Jan 2020 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 Secured NCDs proposed to be issued under this Issue have been rated CRISIL A/Stable by CRISIL vide its letter dated January 17, 2020. Additionally, the Secured NCDs had also been rated CARE BBB+; Stable by CARE vide its letters dated August 30, 2019, which was revalidated on December 9, 2019. This rating, though, was withdrawn by CARE pursuant to letter dated January 24, 2020 at the request of our Company.

Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Inga Ventures Pvt 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 Vehicle NCD Feb 2020 issue size is ₹100.00 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.

  Muthoot Vehicle & Asset Fin Ltd Muthoottu Mini Financiers Ltd
Issue Size (Base) ₹100.00 Cr ₹100.00 Cr
Issue Size (Shelf) ₹200.00 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 CRISIL A/ Stable; CARE BBB+/ Stable CARE BBB- /Stable
Tenor 24 months/ 38 months/ 60 months/ 90 months 480 days/ 24/ 36/ 50/ 60/ 70/ 85 months
Series

Series 1 to Series 10

Series I to Series VII

Payment Frequency Monthly, Annual and Cumulative Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Muthoot Vehicle NCD Feb 2020 and Muthoottu Mini NCD Jan 2020 is mentioned.

  Muthoot Vehicle & Asset Fin Ltd Muthoottu Mini Financiers Ltd
Bid/Offer Opens On Feb 25, 2020 Jan 20, 2020
Bid/Offer Closes On Mar 11, 2020 Feb 12, 2020

Shares Offered to Different Investor Category

In Muthoot Vehicle NCD Feb 2020 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.

  Muthoot Vehicle & Asset Fin Ltd Muthoottu Mini Financiers Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares 10,00,000 shares

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