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Muthoottu Mini NCD Jan 2020 vs Shriram Transport Finance NCD Jan 2020

Comparision between Muthoottu Mini NCD Jan 2020 and Shriram Transport Finance NCD Jan 2020.

NCD Details

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

  Muthoottu Mini Financiers Ltd Shriram Transport Finance Company Ltd
Logo Muthoottu Mini NCD Jan 2020 Logo Shriram Transport Finance NCD Jan 2020 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing at BSE BSE, NSE
Basis of Allotment First Come First Serve Basis First Come First Serve Basis
DRHP (Base) DRHP
RHP (Base) RHP RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated 'CARE AA+; Stable' by CARE Ratings Limited ("CARE") for an amount of up to Rs 10,00,000 lacs vide its letter dated June 28, 2019, and revalidated by its letter dated December 18, 2019, 'CRISIL AA+/Stable' by CRISIL Limited ("CRISIL") for an amount of up to Rs 10,00,000 lacs vide its letter dated June 26, 2019, and revalidated by its letter dated December 12, 2019, and 'IND AA+; Outlook Stable' by India Ratings and Research Private Limited ("India Ratings") for an amount of up to Rs 10,00,000 lacs vide its letter dated June 25, 2019, and revalidated by its letter dated December 11, 2019. The rating of the NCDs by CARE, CRISIL and India Ratings indicate that instruments with this rating are considered to have a high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.

Registrar Link Intime India Private Ltd Integrated Registry Management Services Private Limited
Lead Managers Vivro Financial Services Private Limited A.K. Capital Services Limited

Jm Financial Limited

Smc Capitals 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. Muthoottu Mini NCD Jan 2020 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Shriram Transport Finance NCD Jan 2020 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.

  Muthoottu Mini Financiers Ltd Shriram Transport Finance Company Ltd
Issue Size (Base) ₹100.00 Cr ₹200.00 Cr
Issue Size (Shelf) ₹200.00 Cr ₹10,000.00 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 CARE BBB- /Stable CARE AA+ /Stable, IND AA+ /Stable, CARE AA+ /Stable
Tenor 480 days/ 24/ 36/ 50/ 60/ 70/ 85 months Annual, Cumulative, and Monthly
Series

Series I to Series VII

Series I to Series VIII

Payment Frequency Monthly and Cumulative 3 Years/5 Years/7 Years
Coupon Incentive

NCD Timetable

Offering period of Muthoottu Mini NCD Jan 2020 and Shriram Transport Finance NCD Jan 2020 is mentioned.

  Muthoottu Mini Financiers Ltd Shriram Transport Finance Company Ltd
Bid/Offer Opens On Jan 20, 2020 Jan 06, 2020
Bid/Offer Closes On Feb 12, 2020 Jan 22, 2020

Shares Offered to Different Investor Category

In Muthoottu Mini NCD Jan 2020 QIBs portion includes and offered are offered to retail investors. In Shriram Transport Finance NCD Jan 2020 QIBs portion includes and offered are offered to retail investors.

  Muthoottu Mini Financiers Ltd Shriram Transport Finance Company Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares 20,00,000 shares

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