Comparison between Muthoot Mercantile NCD December 2025 and Power Finance NCD Tranche I January 2026.
Muthoot Mercantile NCD December 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Power Finance NCD Tranche I January 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at NSE.
| Muthoot Mercantile Ltd. | Power Finance Corporation Limited | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | NSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | ||
| NCD Rating | ||
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Trust Investment Advisors Pvt.Ltd. Tipsons Consultancy Services Pvt.Ltd. A.K.Capital Services Ltd. Nuvama Wealth Management Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Beacon Trusteeship Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Muthoot Mercantile NCD December 2025 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Power Finance NCD Tranche I January 2026 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Mercantile Ltd. | Power Finance Corporation Limited | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹500.00 Cr |
| Issue Size (Shelf) | ₹10,000.00 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 | India Ratings & Research Private Limited : IND BBB/Stable | CARE Ratings Limited : AAA Crisil Ratings Limited : AAA ICRA Limited : AAA |
| Tenor | ||
| Series | ||
| Payment Frequency |
Offering period of Muthoot Mercantile NCD December 2025 and Power Finance NCD Tranche I January 2026 is mentioned.
| Muthoot Mercantile Ltd. | Power Finance Corporation Limited | |
|---|---|---|
| Bid/Offer Opens On | Dec 04, 2025 | Jan 16, 2026 |
| Bid/Offer Closes On | Dec 17, 2025 | Jan 30, 2026 |
In Muthoot Mercantile NCD December 2025 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors. In Power Finance NCD Tranche I January 2026 QIBs portion includes 5,00,000 shares and 20,00,000 shares offered are offered to retail investors.
| Muthoot Mercantile Ltd. | Power Finance Corporation Limited | |
|---|---|---|
| Institutional | 75,000 shares | 5,00,000 shares |
| Non Institutional | 3,00,000 shares | 5,00,000 shares |
| HNI | 20,00,000 shares | |
| Retail | 3,75,000 shares | 20,00,000 shares |
| Others | ||
| Total | 7,50,000 shares | 50,00,000 shares |
