Comparison between Muthoot Fincorp NCD October Tranche II 2023 and Piramal Enterprises NCD Tranche I October 2023.
Muthoot Fincorp NCD October Tranche II 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Piramal Enterprises NCD Tranche I October 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Muthoot Fincorp Ltd. | Piramal Enterprises Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE, NSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | DRHP (Shelf) | DRHP (Shelf) |
| RHP (Shelf) | RHP (Shelf) | RHP (Shelf) |
| NCD Rating | The company has received rating of CRISIL AA-/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue. | The company has received a rating of [ICRA]AA (Stable) by ICRA Limited and CARE AA (Stable) by CARE Ratings Limited for the NCDs proposed to be issued pursuant to this Issue. |
| Registrar | Integrated Registry Management Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | SMC Capitals Ltd. | Trust Investment Advisors Pvt.Ltd. Nuvama Wealth Management Ltd. JM Financial Ltd. A.K.Capital Services Ltd. |
| Debenture Trustees | Vardhman Trusteeship Pvt.Ltd. | IDBI Trusteeship Services Ltd. |
| 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 October Tranche II 2023 issue size is ₹750.00 Cr at an issue price of ₹1,000.00 per NCD. Piramal Enterprises NCD Tranche I October 2023 issue size is ₹1,000.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Fincorp Ltd. | Piramal Enterprises Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹750.00 Cr | ₹1,000.00 Cr |
| Issue Size (Shelf) | ₹1,100.00 Cr | ₹3,000.00 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 | CRISIL AA- /Stable by CRISIL Ratings Limited | [ICRA]AA (Stable) by ICRA Limited and CARE AA (Stable) by CARE Ratings Limited |
| Tenor | 24, 36, 60 and 96 Months | 2 , 3, 5 and 10 years |
| Series | Series I to X | Series I to IV |
| Payment Frequency | Monthly, Annual and Cumulative | Anually |
Offering period of Muthoot Fincorp NCD October Tranche II 2023 and Piramal Enterprises NCD Tranche I October 2023 is mentioned.
| Muthoot Fincorp Ltd. | Piramal Enterprises Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Oct 13, 2023 | Oct 19, 2023 |
| Bid/Offer Closes On | Oct 27, 2023 | Oct 30, 2023 |
In Muthoot Fincorp NCD October Tranche II 2023 QIBs portion includes 37,500 shares and 4,50,000 shares offered are offered to retail investors. In Piramal Enterprises NCD Tranche I October 2023 QIBs portion includes 4,00,000 shares and 6,00,000 shares offered are offered to retail investors.
| Muthoot Fincorp Ltd. | Piramal Enterprises Ltd. | |
|---|---|---|
| Institutional | 37,500 shares | 4,00,000 shares |
| Non Institutional | 2,62,500 shares | 4,00,000 shares |
| HNI | 6,00,000 shares | |
| Retail | 4,50,000 shares | 6,00,000 shares |
| Others | ||
| Total | 7,50,000 shares | 20,00,000 shares |
