Comparison between Muthoottu Mini NCD June 2020 and Muthoottu Mini NCD September 2020.
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 | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
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 |
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 |
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 |
