Comparison between Muthoot Fincorp NCD February 2020 and Muthoottu Mini NCD March 2021.
Muthoot Fincorp NCD February 2020 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 Fincorp 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 | This offer is rated as "CRISIL/A" Stable by CRISIL. This rating indicates that instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. | |
| Registrar | Integrated Registry Management Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | SMC Capitals 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 Fincorp NCD February 2020 issue size is ₹150.00 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 Fincorp Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹150.00 Cr | ₹125.00 Cr |
| Issue Size (Shelf) | ₹150.00 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 | 10 NCD | 1 NCD |
| Credit Rating | The NCDs have been rated 'A (Stable)' by CRISIL Limited | ‘IND BBB’: Outlook Stable’ by India Ratings |
| Tenor | 27, 38, 60 and 72 months | 480 Days, 24, 42, 50, 61 and 84 Months |
| Series | Series I to Series IX | |
| Payment Frequency | Monthly, Yearly or Cumulative | Monthly, Cumulative |
Offering period of Muthoot Fincorp NCD February 2020 and Muthoottu Mini NCD March 2021 is mentioned.
| Muthoot Fincorp Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Feb 18, 2021 | Mar 30, 2021 |
| Bid/Offer Closes On | Mar 09, 2021 | Apr 23, 2021 |
In Muthoot Fincorp NCD February 2020 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 Fincorp Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 15,00,000 shares | 12,50,000 shares |
