Muthoottu Mini NCD June 2020 vs Muthoottu Mini NCD September 2020

Comparision between Muthoottu Mini NCD June 2020 and Muthoottu Mini NCD September 2020.

NCD Details

Muthoottu Mini NCD June 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini NCD September 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Muthoottu Mini Financiers 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)	DRHP	DRHP
RHP (Base)	RHP	RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating	The NCDs proposed to be issued under this Issue have been rated 'CARE BBB-; Stable' (Triple B Minus; Outlook: Stable) by CARE Ratings Limited for an amount of up to Rs 20,000 lakhs vide its letter dated March 12, 2020. The rating of the NCDs by CARE Ratings Limited indicate that instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk.	The Company has received rating of 'IND BBB': Outlook Stable' by India Ratings. This means the NCD has moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk.
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Lead Managers	Vivro Financial Services Private 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. Muthoottu Mini NCD June 2020 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD September 2020 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

	Muthoottu Mini Financiers Ltd	Muthoottu Mini Financiers Ltd
Issue Size (Base)	₹100.00 Cr	₹100.00 Cr
Issue Size (Shelf)	₹200.00 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	CARE BBB- /Stable	IND BBB (Outlook Stable) by India Ratings
Tenor	24/ 36/ 50/ 60/ 85 months/ 480 days	24, 36, 50, 60, 85 months and 480 days
Series	Series I to Series VII
Payment Frequency	Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Muthoottu Mini NCD June 2020 and Muthoottu Mini NCD September 2020 is mentioned.

	Muthoottu Mini Financiers Ltd	Muthoottu Mini Financiers Ltd
Bid/Offer Opens On	Jun 03, 2020	Sep 09, 2020
Bid/Offer Closes On	Jun 26, 2020	Sep 24, 2020

Shares Offered to Different Investor Category

In Muthoottu Mini NCD June 2020 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini NCD September 2020 QIBs portion includes and offered are offered to retail investors.

	Muthoottu Mini Financiers Ltd	Muthoottu Mini Financiers Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total	10,00,000 shares	10,00,000 shares

Compare with others

Muthoottu Mini Financiers Ltd	Muthoottu Mini Financiers Ltd
Muthoot Finance NCD Oct 2020	Muthoot Finance NCD Dec 2020
Muthoot Fincorp NCD Sep 2020	Muthoottu Mini NCD November 2020
Kosamattam Fin NCD Sep 2020	Muthoot Finance NCD Oct 2020
Muthoottu Mini NCD September 2020	Muthoot Fincorp NCD Sep 2020
Muthoot Fincorp NCD June 2020	Kosamattam Fin NCD Sep 2020
KLM Axiva NCD June 2020	Muthoot Fincorp NCD June 2020
Kosamattam Fin NCD March 2020	Muthoottu Mini NCD June 2020
Sakthi Fin NCD March 2020	KLM Axiva NCD June 2020
Muthoot Vehicle NCD Feb 2020	Kosamattam Fin NCD March 2020
JM Financial NCD Feb 2020	Sakthi Fin NCD March 2020

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