Comparison between Muthoot Mercantile NCD December 2024 and Prachay Capital NCD February 2025.
Muthoot Mercantile NCD December 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Prachay Capital NCD February 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Muthoot Mercantile Ltd. | Prachay Capital 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  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated IND BBB/Stable by India Ratings & Research Private Limited | The NCDs proposed to be issued under this Issue have been rated CRISIL BBB-/stable by CRISIL Ratings Limited. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Galactico Corporate Services Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Catalyst 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 2024 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Prachay Capital NCD February 2025 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Mercantile Ltd. | Prachay Capital Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹50.00 Cr |
| Issue Size (Shelf) | ||
| 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 | IND BBB/Stable by by India Ratings & Research Private Limited | BBB-/stable by CRISIL Ratings Limited. |
| Tenor | 400 days, 20, 36, 60 and 73 Months | 5 Years |
| Series | Series I to IX | Not Applicale |
| Payment Frequency | Monthly and Cumulative | Monthly |
Offering period of Muthoot Mercantile NCD December 2024 and Prachay Capital NCD February 2025 is mentioned.
| Muthoot Mercantile Ltd. | Prachay Capital Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 10, 2025 | Feb 28, 2025 |
| Bid/Offer Closes On | Jan 23, 2025 | Mar 13, 2025 |
In Muthoot Mercantile NCD December 2024 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors. In Prachay Capital NCD February 2025 QIBs portion includes 50,000 shares and 1,50,000 shares offered are offered to retail investors.
| Muthoot Mercantile Ltd. | Prachay Capital Ltd. | |
|---|---|---|
| Institutional | 75,000 shares | 50,000 shares |
| Non Institutional | 3,00,000 shares | 1,00,000 shares |
| HNI | 2,00,000 shares | |
| Retail | 3,75,000 shares | 1,50,000 shares |
| Others | ||
| Total | 7,50,000 shares | 5,00,000 shares |
