Muthoot Finance Limited Tranche III NCD vs Muthoottu Mini NCD March 2021

Comparision between Muthoot Finance Limited Tranche III NCD and Muthoottu Mini NCD March 2021.

NCD Details

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 Limited	Muthoottu Mini Financiers Limited
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	Link Intime India Private Ltd	Link Intime India Private Ltd
Lead Managers	A.K. Capital Services Limited Edelweiss Financial Services Ltd Equirus Capital Private Limited Jm Financial 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. 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 Limited	Muthoottu Mini Financiers Limited
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
Coupon Incentive

NCD Timetable

Offering period of Muthoot Finance Limited Tranche III NCD and Muthoottu Mini NCD March 2021 is mentioned.

	Muthoot Finance Limited	Muthoottu Mini Financiers Limited
Bid/Offer Opens On	Apr 08, 2021	Mar 30, 2021
Bid/Offer Closes On	Apr 12, 2021	Apr 23, 2021

Shares Offered to Different Investor Category

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 Limited	Muthoottu Mini Financiers Limited
Institutional
Non Institutional
HNI
Retail
Others
Total	10,00,000 shares	12,50,000 shares

Compare with others

Muthoot Finance Limited	Muthoottu Mini Financiers Limited
IIFL Home Finance NCD	India Grid Trust NCD April 2021
KLM Axiva Finvest NCD	Muthoot Fincorp Limited NCD April 2020
Sakthi Finance NCD June 2021	Muthoot Finance Limited Tranche III NCD
India Grid Trust NCD April 2021	Edelweiss Financial NCD April 2021
Muthoot Fincorp Limited NCD April 2020	Kosamattam Finance NCD March 2021
Edelweiss Financial NCD April 2021	IIFL Finance NCD
Kosamattam Finance NCD March 2021	Muthoot Fincorp NCD February 2020
Muthoottu Mini NCD March 2021	Power Finance Corp NCD January 2021
IIFL Finance NCD	Muthoottu Mini NCD January 2021
Muthoot Fincorp NCD February 2020	Muthoot Fincorp NCD December 2020

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