Muthoot Finance April NCD 2022 vs Sakthi Finance NCD April 2022

Comparision between Muthoot Finance April NCD 2022 and Sakthi Finance NCD April 2022.

NCD Details

Muthoot Finance April NCD 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Sakthi Finance NCD April 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Muthoot Finance Limited	Sakthi Finance Limited
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
DRHP (Shelf)		DRHP (Shelf)
RHP (Shelf)	RHP (Shelf)	RHP (Shelf)
NCD Rating	The NCDs proposed to be issued under the Issue have been rated [ICRA] AA+/Stable by ICRA Limited such ratings are considered to have a stable outlook.	The NCD worth Rs. 100 Cr has been rated as BBB with a stable outlook by ICRA Credit Rating Agency. Instrument with such rating are expected to have a moderate degree of safety regarding timely servicing of debt financial obligations.
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Lead Managers	A.K. Capital Services Limited	Dalmia Securities Private Limited
Debenture Trusties
NRI Allowed	No	No
Allotment Link

Issue Size and Price and Other Details

Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Muthoot Finance April NCD 2022 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Sakthi Finance NCD April 2022 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.

	Muthoot Finance Limited	Sakthi Finance Limited
Issue Size (Base)	₹100.00 Cr	₹50.00 Cr
Issue Size (Shelf)	₹400.00 Cr	₹50.00 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	ICRA AA+/Stable	ICRA BBB (Stable)
Tenor	36, 60, 84 and 120 months	24, 36, 48, and 60 months
Series	Series I to VIII	Series I to VIII
Payment Frequency	Monthly and Annually	Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Muthoot Finance April NCD 2022 and Sakthi Finance NCD April 2022 is mentioned.

	Muthoot Finance Limited	Sakthi Finance Limited
Bid/Offer Opens On	Apr 07, 2022	Apr 11, 2022
Bid/Offer Closes On	Apr 29, 2022	May 04, 2022

Shares Offered to Different Investor Category

In Muthoot Finance April NCD 2022 QIBs portion includes 50,000 shares and 5,00,000 shares offered are offered to retail investors. In Sakthi Finance NCD April 2022 QIBs portion includes 25,000 shares and 2,00,000 shares offered are offered to retail investors.

	Muthoot Finance Limited	Sakthi Finance Limited
Institutional	50,000 shares	25,000 shares
Non Institutional	50,000 shares	75,000 shares
HNI	4,00,000 shares	2,00,000 shares
Retail	5,00,000 shares	2,00,000 shares
Others
Total	10,00,000 shares	5,00,000 shares

Compare with others

Muthoot Finance Limited	Sakthi Finance Limited
Navi Finserv NCD May 2022	Indel Money NCD May 2022
Muthoottu Mini Financiers NCD April 2022	Muthoot Finance Limited Tranche II NCD May 2022
Dhani Loans and Services NCD April 2022	Navi Finserv NCD May 2022
Sakthi Finance NCD April 2022	Muthoottu Mini Financiers NCD April 2022
Ugro Capital NCD April 2022	Dhani Loans and Services NCD April 2022
Edelweiss Housing Finance NCD Apr 2022	Ugro Capital NCD April 2022
Indiabulls Housing Finance NCD Mar 2022	Muthoot Finance April NCD 2022
Kosamattam Finance NCD Mar 2022	Edelweiss Housing Finance NCD Apr 2022
KLM Axiva Finvest NCD February 2022	Indiabulls Housing Finance NCD Mar 2022
InCred Financial Services NCD January 2022	Kosamattam Finance NCD Mar 2022

Comments

Add a public comment...