Comparison between Muthoottu Mini Financiers NCD March 2019 and SREI Infrastructure NCD april 2019.
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 Ltd. | SREI Infrastructure Finance 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) | ||
| 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 |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Srei Capital Markets Ltd. SMC Capitals Ltd. Karvy Investor Services Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link | Allotment Link |
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 Ltd. | SREI Infrastructure Finance Ltd. | |
|---|---|---|
| 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 |
Offering period of Muthoottu Mini Financiers NCD March 2019 and SREI Infrastructure NCD april 2019 is mentioned.
| Muthoottu Mini Financiers Ltd. | SREI Infrastructure Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Mar 18, 2019 | Apr 09, 2019 |
| Bid/Offer Closes On | Apr 16, 2019 | May 09, 2019 |
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 Ltd. | SREI Infrastructure Finance Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 10,00,000 shares |
