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Muthoot Finance NCD Nov 2019 vs Tata Capital Housing NCD Jan 2020

Comparision between Muthoot Finance NCD Nov 2019 and Tata Capital Housing NCD Jan 2020.

NCD Details

Muthoot Finance NCD Nov 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Tata Capital Housing NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.

  Muthoot Finance Ltd Tata Capital Housing Finance Ltd
Logo Muthoot Finance NCD Nov 2019 Logo Tata Capital Housing NCD Jan 2020 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing at BSE BSE, NSE
Basis of Allotment First Come First Serve Basis First Come First Serve Basis
DRHP (Base) DRHP
RHP (Base) RHP RHP
DRHP (Shelf) DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated [ICRA] AA (Stable) by ICRA for an amount of upto Rs 40,000 million vide its letter dated December 31, 2018 and have been rated CRISIL AA/Stable by CRISIL for an amount upto Rs 40,000 million vide its letter dated January 18, 2019. The rating of the NCDs by ICRA and CRISIL indicates high degree of safety regarding timely servicing of financial obligations.

The NCDs proposed to be issued pursuant to this Issue have been rated "CRISIL AAA/Stable" by CRISIL for an amount of up to Rs 5,00,000 lakh and have been rated "[ICRA] AAA (stable)" by ICRA for an amount of up to Rs 5,00,000 lakh. The rating of the NCDs by ICRA indicates highest degree of safety regarding timely servicing of financial obligations.

Registrar Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers A.K. Capital Services Limited

Edelweiss Financial Services Ltd
A.K. Capital Services Limited

Edelweiss Financial Services Ltd
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 NCD Nov 2019 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Tata Capital Housing NCD Jan 2020 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.

  Muthoot Finance Ltd Tata Capital Housing Finance Ltd
Issue Size (Base) ₹100.00 Cr ₹500.00 Cr
Issue Size (Shelf) ₹4,000.00 Cr ₹5,000.00 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 ICRA AA/ Stable, CRISIL AA/ Stable CRISIL AAA/ Stable, ICRA AAA/ stable
Tenor 24 months/ 38 months/ 60 months/ 90 months 36 months/ 60 months/ 96 months/ 120 months
Series

Series I to Series X

Series I to Series VI

Payment Frequency Monthly and Annual Monthly and Annual
Coupon Incentive

NCD Timetable

Offering period of Muthoot Finance NCD Nov 2019 and Tata Capital Housing NCD Jan 2020 is mentioned.

  Muthoot Finance Ltd Tata Capital Housing Finance Ltd
Bid/Offer Opens On Nov 29, 2019 Jan 07, 2020
Bid/Offer Closes On Dec 20, 2019 Jan 08, 2020

Shares Offered to Different Investor Category

In Muthoot Finance NCD Nov 2019 QIBs portion includes and offered are offered to retail investors. In Tata Capital Housing NCD Jan 2020 QIBs portion includes and offered are offered to retail investors.

  Muthoot Finance Ltd Tata Capital Housing Finance Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares 50,00,000 shares

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