FREE Account Opening + No Clearing Fees
Loading...

Muthoottu Mini Financiers NCD March 2019 vs SREI Infrastructure NCD april 2019

Comparision between Muthoottu Mini Financiers NCD March 2019 and SREI Infrastructure NCD april 2019.

NCD Details

Muthoottu Mini Financiers NCD March 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while SREI Infrastructure NCD april 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Muthoottu Mini Financiers Limited SREI Infrastructure Finance Limited
Logo Muthoottu Mini Financiers NCD March 2019 Logo SREI Infrastructure NCD april 2019 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)
RHP (Base) RHP RHP
DRHP (Shelf) DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs have been rated 'IND BBB-/Stable' by India Ratings & Research Private Limited for an amount of up to ` 20,000 lakhs. The rating of the NCDs indicates that instruments with this rating are considered to have a moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

The Secured NCDs proposed to be issued under this Issue have been rated 'BWR AA+ (BWR Double A plus)'by Brickwork Ratings India Private Limited ("BRICKWORK") pursuant to letters dated September 01, 2017 and
revalidated by letter dated March 01, 2019. The Unsecured Subordinated NCDs proposed to be issued under this Issue have been rated 'BWR AA+' (BWR Double A Plus) by BRICKWORK pursuant to letters dated September 01, 2017 and revalidated by letter dated March 01, 2019. Instruments with a rating of 'BWR AA+' (BWR Double A plus) by BRICKWORK are considered to have high degree of safety regarding timely servicing of financial obligations.

Registrar Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers Vivro Financial Services Private Limited Karvy Investor Services Limited

Smc Capitals Limited

Srei Capital Markets Ltd
Debenture Trusties
NRI Allowed No No
Allotment Link 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. Muthoottu Mini Financiers NCD March 2019 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. SREI Infrastructure NCD april 2019 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

  Muthoottu Mini Financiers Limited SREI Infrastructure Finance Limited
Issue Size (Base) ₹100.00 Cr ₹100.00 Cr
Issue Size (Shelf) ₹100.00 Cr ₹1,500.00 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 IND BBB-/Stable BWR AA+/Stable
Tenor 480 days/36 Months/60 Months 400 days/ 3 years/ 5 years
Series

Series 1 to Series 6

Series 1 to Series 8

Payment Frequency Monthly and Cumulative Monthly/ Annual
Coupon Incentive

NCD Timetable

Offering period of Muthoottu Mini Financiers NCD March 2019 and SREI Infrastructure NCD april 2019 is mentioned.

  Muthoottu Mini Financiers Limited SREI Infrastructure Finance Limited
Bid/Offer Opens On Mar 18, 2019 Apr 09, 2019
Bid/Offer Closes On Apr 16, 2019 May 09, 2019

Shares Offered to Different Investor Category

In Muthoottu Mini Financiers NCD March 2019 QIBs portion includes and offered are offered to retail investors. In SREI Infrastructure NCD april 2019 QIBs portion includes and offered are offered to retail investors.

  Muthoottu Mini Financiers Limited SREI Infrastructure Finance Limited
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares 10,00,000 shares

Comments

Add a public comment...