Comparison between Muthoot Fincorp NCD September 2021 and Muthoottu Mini NCD November 2021.
Muthoot Fincorp NCD September 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini NCD November 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) | DRHP  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The issue has been rated “CRISILA+/Stable” by CRISIL Ratings Limited for an amount of ₹ 400 Crores. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. | The issue has been rated ‘CARE BBB+’: Stable (‘Triple B Plus; Outlook: Stable’) by CARE Ratings Limited. Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations and carry moderate 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 September 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD November 2021 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Fincorp Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 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 | ‘"CRISILA+/Stable" by CRISIL Ratings | CARE BBB+ Stable (Triple B Plus; Outlook: Stable) by CARE Ratings Limited. |
| Tenor | 27, 38, 60, 72, and 87 Months | 480 Days, 24, 36,48,66 Months |
| Series | Series I to Series X | Series I to Series VI |
| Payment Frequency | Monthly and Cumulative | Monthly and Cumulative |
Offering period of Muthoot Fincorp NCD September 2021 and Muthoottu Mini NCD November 2021 is mentioned.
| Muthoot Fincorp Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 30, 2021 | Dec 01, 2021 |
| Bid/Offer Closes On | Oct 26, 2021 | Dec 28, 2021 |
In Muthoot Fincorp NCD September 2021 QIBs portion includes 1,00,000 shares and 11,00,000 shares offered are offered to retail investors. In Muthoottu Mini NCD November 2021 QIBs portion includes 1,00,000 shares and 5,00,000 shares offered are offered to retail investors.
| Muthoot Fincorp Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Institutional | 1,00,000 shares | 1,00,000 shares |
| Non Institutional | 8,00,000 shares | 4,00,000 shares |
| HNI | ||
| Retail | 11,00,000 shares | 5,00,000 shares |
| Others | ||
| Total | 20,00,000 shares | 10,00,000 shares |
