Comparison between Muthoot Finance Limited Tranche III NCD and Muthoottu Mini NCD March 2021.
Muthoot Finance Limited Tranche III NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini NCD March 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Muthoot Finance 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | ||
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | JM Financial Ltd. Equirus Capital Ltd. Edelweiss Financial Services Ltd. A.K.Capital Services 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. Muthoot Finance Limited Tranche III NCD issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD March 2021 issue size is ₹125.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Finance Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹125.00 Cr |
| Issue Size (Shelf) | ₹1,600.00 Cr | ₹125.00 Cr |
| Issue Price | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Face Value | ₹1,000.00 per NCD | ₹10.00 per NCD |
| Minimum Lot size | 10 NCD | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | The NCDs have been rated ‘[ICRA] AA+/ “Stable” by ICRA and “CRISIL AA+/Stable” by CRISIL | ‘IND BBB’: Outlook Stable’ by India Ratings |
| Tenor | 480 Days, 24, 42, 50, 61 and 84 Months | |
| Series | ||
| Payment Frequency | Monthly, Cumulative |
Offering period of Muthoot Finance Limited Tranche III NCD and Muthoottu Mini NCD March 2021 is mentioned.
| Muthoot Finance Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 08, 2021 | Mar 30, 2021 |
| Bid/Offer Closes On | Apr 12, 2021 | Apr 23, 2021 |
In Muthoot Finance Limited Tranche III NCD QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini NCD March 2021 QIBs portion includes and offered are offered to retail investors.
| Muthoot Finance Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 12,50,000 shares |
